SOURCE: 41st Parameter

41st Parameter

March 17, 2011 10:00 ET

41st Parameter Sponsors Merchant Risk Council (MRC) Conference Keynote Address

Bernie Madoff Whistleblower, Harry Markopolos to Discuss Ways to Find and Prevent Fraud Before It Happens

SCOTTSDALE, AZ--(Marketwire - March 17, 2011) - 41st Parameter, the leading provider of online cross-channel fraud detection and prevention solutions, today announced it is sponsoring the opening keynote address at the 2011 MRC Annual e-Commerce Payments & Risk Conference. MRC, the merchant-led trade association focused on electronic commerce risk and payments globally, represents the largest and most influential constituency focused exclusively on making e-commerce more safe and secure. 41st has been integrally involved with the MRC since its founding.

"Fraud attacks are becoming more sophisticated and threats are coming from many new directions," said Ori Eisen, founder, chairman and chief innovation officer of 41st Parameter. "Harry Markopolos deserves great credit for what he accomplished, and he has valuable insight to share on how fraud detection and prevention policies and tools can help stop another scheme of this magnitude before it happens."

WHO: Harry Markopolos, Bernie Madoff whistleblower, financial fraud investigator

WHAT: Opening keynote address, "Your Industry and Fraud: What to Look For and How to Prevent It"

WHEN: Wednesday, March 23, 9:15a.m. PDT

WHERE: Wynn Las Vegas Hotel and Resort, Lafite 5 Ballroom

Markopolos is the best-selling author of "No One Would Listen" and has appeared on "The Today Show," "60 Minutes," CNN and "The Daily Show." In his keynote address, Harry Markopolos will identify corporate fraud risks that will be new to many online retailers. Markopolos will share how merchants can analyze corporate fraud risks and prevent fraud before it happens.

41st Parameter is also presenting with customer, Neiman Marcus, on the importance of managing productivity and enhancing cross-departmental communication to effectively combat the evolving threats of cross-channel and mobile fraud.

WHO: Pete Pouridis, MRC Board of Directors and Vice President of Loss Prevention, Neiman Marcus Group
Matt Lane, Vice President of Global Solutions Engineering, 41st Parameter

WHAT: "Managing the Business of Fraud"

WHEN: Tuesday, March 22, 1:00p.m. PDT

WHERE: Lafite 8 Ballroom

About 41st Parameter
41st Parameter is bringing transactional integrity to the Internet. Founded in 2004 by some of the most successful fraud practitioners in financial services and e-commerce, today 41st Parameter is recognized for ongoing innovation that keeps FraudNet, its suite of hosted fraud detection and prevention solutions at the forefront of performance for enterprise-class solutions. 41st Parameter's best practices methodology and patented solution technology are responsible for dramatic reductions in fraud losses and declining attack rates at some of the world's largest institutions across financial services, e-commerce, and travel services including four of the top five global airlines, 1 in 4 Tier One Global Banks, and over 120 of the most recognized online merchants. The company was named a Visionary in the Gartner 2009 Magic Quadrant for Web Fraud Detection and was chosen by AlwaysOn as one of the OnDemand Top 100 winners for 2010. To learn more about 41st Parameter, visit www.the41st.com

All trademarks are the property of their respective owners.

Contact Information

  • Contact(s):
    Anne Hiller
    Corporate Marketing
    41st Parameter
    Tel : 480.776.5518
    Email Contact

    Nina Gill or Katerina Korfias
    PR for 41st Parameter
    Schwartz Communications
    Tel: (781) 684-0770
    Email Contact