SOURCE: iovation

iovation

October 27, 2015 08:15 ET

iovation, NIKE and the FBI Share how Startups can Combat Cyberthreats

Fraud Prevention Firm Details how to Mitigate Risk While Maintaining a Frictionless Customer Experience at Built Oregon

PORTLAND, OR--(Marketwired - Oct 27, 2015) - iovation, the provider of device intelligence for trusted authentication and fraud prevention, today announced that it will be presenting at digital magazine Built Oregon's conference in a November 5 panel discussion entitled, "Cyber Security Literacy for Entrepreneurs: What You Need to Know." Shawn Sands, iovation's vice president of sales, will speak alongside Special Agent Jacob Hartley with the FBI, Matt Mosley, lead for NIKE's Penetration Testing team, and Mahmood Sher-Jan, executive vice president and general manager at ID Experts. Ken Westin, senior security analyst at Tripwire Inc., will moderate the panel.

"It's estimated that cybercrime costs the global economy about $445 billion annually, and since SMBs tend to have fewer security resources they're attractive targets," said Sands. "While security is paramount, providing a frictionless experience for good customers is just as important, especially for startups where losing business could be the difference between success or failure."

In the panel discussion, Sands will utilize intelligence gathered from iovation's device recognition, association and reputation technology to inform startups about ways to mitigate risk while sustaining the online experience for trusted customers. While iovation's services are used to protect millions of transactions every day, they are also leveraged to optimize the online customer experience by providing frictionless authentication. Specifically, panelists will talk about:

  • Securing payments and preventing fraud
  • Data collection as a resource and liability
  • Challenges securing remote workers and IT systems built and used without company approval or knowledge
  • Understanding an organization's vulnerabilities both in the office and in the cloud
  • How to handle a data breach

The panel discussion will take place at Portland, Oregon's Union Bank on November 5 at 5:30pm PST.

About iovation
iovation protects online businesses and their end users against fraud and abuse, and identifies trustworthy customers through a combination of advanced device identification, shared device reputation, device-based authentication and real-time risk evaluation. More than 3,000 fraud managers representing global retail, financial services, insurance, social network, gaming and other companies leverage iovation's database of billions of Internet devices and the relationships between them to determine the level of risk associated with online transactions. The company's device reputation database is the world's largest, used to protect 12 million transactions and stop an average of 250,000 fraudulent activities every day. The world's foremost fraud experts share intelligence, cybercrime tips and online fraud prevention techniques in iovation's Fraud Force Community, an exclusive virtual crime-fighting network. For more information, visit iovation.com.

Contact Information

  • CONTACT:
    iovation Inc.
    Connie Gougler
    503-943-6748
    Email Contact