SOURCE: ThreatMetrix

ThreatMetrix

December 16, 2010 06:00 ET

ThreatMetrix Appoints Phil Steffora Vice President of Global Networks and Chief Security Officer

Executive Brings More Than 20 Years Experience in Building, Scaling and Maintaining High Availability Internet Infrastructures With High Volume Transactional Requirements

LOS ALTOS, CA--(Marketwire - December 16, 2010) - ThreatMetrix™, the fastest growing provider of fraud prevention solutions that do not require personally identifiable information (PII), today announced the appointment of Phil Steffora as vice president of global networks and chief security officer, reporting to Reed Taussig, president and CEO, ThreatMetrix. Steffora has over 20 years of experience in all facets of production Internet operations and high availability computing environments.

"We feel fortunate to have a person of Phil's stature and expertise in building, scaling and maintaining high availability Internet infrastructures with high volume transactional requirements," said Taussig. "In this new role Phil will be managing our global network operations, all internal systems, as well as supervising ThreatMetrix' compliance to the Payment Card Industry Data Security Standards (PCI DSS) and other industry regulatory standards."

Prior to joining ThreatMetrix Steffora was the CIO and vice president of technical operations at Collarity, a leader in integrated on-site behavioral segment targeting for web publishers. Previous to Collarity, he served as vice president of technical operations for Vendio Services, Inc., a multi-channel e-commerce company that provided a one-stop solution for small businesses that sold online across multiple channels. Vendio Services, Inc. was later acquired by Alibaba.com, the world's leading e-commerce company for small business. Additionally, Steffora has held executive roles as vice president of technical operations for Mailblocks, which was later sold to America Online; vice president of global datacenter operations for Metromedia Fiber Network, Inc.; and senior director of technical operations for Alta Vista, Inc.

"I'm pleased to join ThreatMetrix during this exciting growth period," said Steffora. "I look forward to maintaining a highly available, secure, and scalable ThreatMetrix Fraud Network for our customers worldwide." 

About ThreatMetrix
ThreatMetrix helps companies stop web fraud and enable e-commerce in real-time so they can significantly reduce online fraud, acquire more customers faster, reduce costs, and increase customer satisfaction. The ThreatMetrix Fraud Network helps online businesses verify new accounts, authorize payments and transactions and authenticate user logins in real-time without relying on personally identifiable information (PII). ThreatMetrix profiles the device used in an online transaction so companies can determine whether the users are fraudsters or customers. ThreatMetrix device profiling goes beyond browser fingerprinting to identify the device, bypass proxies and detect the use of botnets. ThreatMetrix' simple and cost-effective software-as-a-service (SaaS) approach to implementation enables companies to get results in hours or days, rather than weeks or months. The company serves a rapidly growing customer base in the U.S. and around the world across a variety of industries including social networks (dating, gaming), financial services, e-commerce, affiliate marketing and payments. For more information, visit www.threatmetrix.com or call 1-650-625-1451.

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