Fraud is costly and running rampant in online marketplaces, social networks and communities across the web. Effectively spotting and stopping fraud on a global scale requires determining the signals most closely correlated with fraudsters. Fraudsters vary in their methods, machines and machinations -- but there are some commonalities and signals...
Two years ago the Target credit card data breach had a ripple effect that has led to the shoring up of payments security in the U.S. from “smart card” EMV machines to sophisticated anti-malware technology deployments to legions of managed security services teams protecting retail stores and databases. But improved...
PALO ALTO, Calif.--(BUSINESS WIRE)--Simility, a cloud-based fraud detection startup, today announced it has closed its $5.7 million seed round, including tier one investor Trinity Ventures along with angel investors -- adding $2.25 million to the previously announced $3.45 million investment led by Accel Partners. “Investing in Simility is an investment in...
