According to a recent press release, “DataVisor, the leading fraud detection company with solutions powered by transformational AI technology, today announced the availability of dEdge, an anti-fraud solution that detects malicious devices in real-time, empowering organizations to uncover known and unknown attacks early, and take action with confidence. Fraud detection today spans multiple vectors. With growing adoption of mobile devices and the emergence of the always-on economy, by many measures, when organizations realize that they have been subject to a cyber-attack, it is already too late. Modern fraud detection and prevention require a transformational approach, one that represents a shift back to an earlier point along the timeline of a fraud attack.”
DataVisor Co-founder and CTO, Fang Yu said, “Most consumer-facing organizations today provide their customers opportunities to interact with the business through an online channel. Even traditional industries like banking enable customers to bank through mobile applications. To validate the authenticity of this interaction, data needs to be collected and analyzed at the source… When data is analyzed for fraud after it reaches the service, it could already be manipulated. To validate the legitimacy of the customer or the app, we need to precisely collect the data at the device or browser level. Between the data source and application, there are many layers where a fraudster can manipulate the data through proxies, traffic simulators, etc. In some cases, the fraudsters can also repackage the app to conduct fraud. Collecting data at the source can indicate if the environment that the app is running in is legitimate vs. being emulated. This is why DataVisor’s dEdge solution offers the SDK to detect malicious actors at source before they cause damage.”
Read more at Business Wire.
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