SOURCE: Silver Tail Systems

Silver Tail Systems

April 26, 2011 08:00 ET

Silver Tail Systems Positioned in Visionaries Quadrant of Leading Industry Analyst Firm's Magic Quadrant for Web Fraud Detection

Evaluation Based on Completeness of Vision and Ability to Execute

PALO ALTO, CA--(Marketwire - Apr 26, 2011) - Silver Tail Systems, Inc., the leading provider of predictive analytics for detection and prevention of fraud and abuse for some of the leading websites in the world, today announced it has been positioned by Gartner, Inc. in the Visionaries quadrant of the Magic Quadrant for Web Fraud Detection.1

Gartner's 2011 Magic Quadrant report for Web Fraud Detection aims to identify providers of application and transaction security and fraud detection products and services, and outline their key offerings, differentiators and strategies.

"Gartner notes that for Visionaries, product implementation is relatively easy and the companies have achieved very good results in reducing online fraud," said Laura Mather, Ph.D., Founder and VP of Product Marketing at Silver Tail Systems. "They recognize the web session intelligence we provide as well as the speed with which we are able to help customers address and stop threats. We believe our position in the Visionaries quadrant by Gartner confirms our unique and effective fraud detection and prevention technology and we are thrilled to be recognized."

Leading financial, Federal and e-commerce institutions turn to Silver Tail Systems for on premise and SaaS solutions so they can better analyze, act, and adapt (AAA) to identify, mitigate and prevent online threats in real-time. This new generation of fraud prevention developed by Silver Tail Systems comprises:

  • Behavioral analysis - proactive identification of new and suspicious behavior on a website or event. Websites no longer have to rely on their customers to report problems -- Silver Tail detects the behavior in real-time and immediately sends notifications and alerts.
  • Investigation tools - easy and efficient tools for investigating exploits and suspicious behavior. No more culling through web logs to determine how bad actors are perpetrating their fraud.
  • Immediate response - business owners can immediately change business logic flows for the bad actors without impacting good users -- in real-time and without requiring engineering resources.
  • Engineering-free installation - by collecting a copy of web traffic off of the switch, Silver Tail Systems can show customers value within days or weeks of starting an installation, as compared to the months or years it may take for other providers in this Magic Quadrant.

About Silver Tail Systems, Inc.
Silver Tail Systems is the leading provider of predictive analytics for detection and prevention of fraud and abuse to some of the leading websites in the world. The company offers the industry's most comprehensive suite of fraud detection and mitigation solutions. Serving some of the world's largest financial institutions and e-commerce companies, Silver Tail Systems' award-winning solutions are made possible by the unmatched expertise of its management and technology teams, who bring deep experience, know-how and personal commitment to protect their customers' businesses against online fraud. For more information, visit Silver Tail Systems at www.silvertailsystems.com.

About the Magic Quadrant
The Magic Quadrant is copyrighted 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

1 Gartner Magic Quadrant for Web Fraud Detection, Rev. 2 by Avivah Litan, April 20, 2011.

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