Silver Tail Systems Blog

Preventing Online Fraud Through Web Session Intelligence

Silver Tail Systems and MasterCard Join Together to Protect E-Commerce Websites

As the former director of Information Security at Sears, I have seen my fair share of malicious activity executed against an e-commerce site. Defending against account takeovers, data scraping and other criminal attacks is a top priority for security teams. However, it remains a never-ending challenge, particularly if you don’t have the right tools in place to give you the information and visibility you need to thwart bad actors.

MasterCard Worldwide recognizes this is an uphill battle for their merchants, and they have joined with Silver Tail Systems to make sure that e-commerce merchants have access to web session intelligence technology that will help combat online fraud in a way that traditional solutions cannot.

Cybercriminals today are more advanced than ever, and by monitoring keystrokes and the sites that malware-infected PCs visit, they are able to gather the information they need to make fraudulent purchases, steal funds, sell personal data and more. Silver Tail Systems monitors the entire clickstream for both users and the population, and by performing behavioral analysis, we can differentiate normal activity from malicious intent based on normal patterns for a particular user or group.

This approach is revolutionary, and we are the first to join with one of the leading payments technology companies to offer advanced protection for e-commerce merchants worldwide. This alliance validates that web session intelligence is key to preventing online malicious behavior, identifying fraud, and safeguarding e-commerce sites and customers from devastating web-based attacks.

We are looking forward to working closely with MasterCard and its merchants throughout the coming years.

February 9, 2012 - Posted by | Fraud, information security, Online Fraud, Payment | ,

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