PORTLAND, OR--(Marketwire - Oct 8, 2012) - iovation, the Device Reputation Authority™ protecting online businesses from fraud and abuse, today announced that its ReputationManager 360 solution won gold in the security service category for the 4th annual 2012 Golden Bridge Awards. The Golden Bridge Business and Innovation Awards annually highlight industry and peer recognition honoring the best companies worldwide in every major industry. This year's gold winners include Apple, Cisco Systems, Inc., General Motors, Hilton Hotels, IBM, Juniper Networks, Pinterest, Proctor & Gamble and Samsung.
"It's always nice to take a step back and be recognized. And in this case it's an honor to be mentioned alongside some of the biggest brands in the world for our unique approach to securing transactions using advanced device identification, real-time risk analysis and collective intelligence," said Scott Waddell, iovation's Vice President of Technology. "Businesses are realizing the power of shared device intelligence to expand their fraud visibility beyond the horizon of their own limited experience with Internet devices."
Through its ReputationManager 360 service, iovation evaluates the reputations of more than a billion devices in its database; everything from desktops to laptops, mobile phones to tablets, and gaming consoles to smart TVs. By utilizing iovation's device reputation intelligence gathered across its network of hundreds of customers and thousands of security professionals, businesses can determine whether any device has been or is likely to be a source of fraudulent transactions. This unique iovation capability makes it possible to proactively identify devices that are associated with abuse and stop bad actors before they can strike.
More than 40 judges from a broad spectrum of industry voices from around the world participated and their average scores determined the 2012 Golden Bridge Business Award winners. The winners were honored during an awards dinner on October 2, 2012 in San Francisco attended by the finalists, industry leaders, and judges.
iovation protects online businesses and their end users against fraud and abuse through an industry-leading combination of shared device reputation and real-time risk evaluation. More than 2,000 fraud managers around the globe leverage iovation's database of Internet devices and relationships between them to determine the level of risk associated with any type of online transaction. Retail, financial services, social network, gaming and other companies make real-time queries to iovation's knowledge base of more than one billion devices from every country in the world. Every day, iovation stops over 150,000 fraud attempts. For more information, visit www.iovation.com.