Cloud based fraud detection flying high for mobile users safety

Cloud Based Fraud Company

An emerging provider of fraud prevention solutions in cloud based services did a joint study to see how customers felt about sharing their mobile location with a company. Over half of the consumers interviewed stated they were willing to share the information, if it meant being better protected from online fraud activities. The majority preferred sharing their info with banks, and reputable third party security monitors came in second. ThreatMetrix is a growing business that provides cloud based fraud prevention platforms to help online companies to verify new accounts, authorize…

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