This week DataVisor is headed to San Diego for the 2017 MRC Platinum Meeting, a merchant focused, member exclusive event joining the industry’s top fraud and payments professionals to learn, share, create and network on topics surrounding fraud, risk, payments, technology and cybersecurity. Our Head of Solutions Architect, [...]
This week DataVisor is headed to Hangzhou, China for Alibaba’s The Computing Conference 2017, where over 40,000 developers, IT professionals, thought leaders, tech media, and cloud enthusiasts from all over the world gather to discuss the latest advancements in cloud computing. Our VP of Engineering, David Ting, will [...]
DataVisor will be presenting tomorrow at the 2017 Grace Hopper Celebration in Orlando, Florida, the world's largest gathering of women technologists produced by AnitaB.org. Our algorithm team technical lead, Hongyu Cui, Ph.D., will be presenting on Friday, October 6th during the Cybersecurity and Fraud Detection presentations session on [...]
DataVisor will be presenting this week at the 2017 FS-ISAC Fall Summit in Baltimore, Maryland, the leading conference for fraud and security professionals in financial services. Our CTO, Fang Yu, Ph.D., will be presenting on Tuesday October 3rd during lunch at the Innovative Technology Showcase on the topic [...]
We’re heading to the 16th Annual AML & Financial Crime Conference in Las Vegas, Nevada. ACAMS Vegas Conference is the most trusted meeting place for the AML/CTF/financial crime community dedicated to enhancing the knowledge and expertise of financial crime detection and prevention. We learned a lot from attending [...]
DataVisor now protects more than two billion user accounts around the world. It feels like just yesterday we announced the one billion mark, and that’s because it was not very long ago at all. As a result of our continued customer momentum from financial services, social, e-commerce and gaming clients around [...]
Mobile marketers are in a race against fraud. Traditional cost-per-impression (CPM) and cost-per-click (CPC) advertising is unreliable since it can be easily overrun by spoofed traffic from automated software. In an effort to better define metrics that identify real and valuable users, the mobile advertising landscape has shifted to cost-per-install [...]
Chuck Thacker was part of the foundation of everything we know in computing and a major influence on our founders and our company. Thank you, Chuck Thacker.
We’re on our way to Austin! Financial fraud is now a professional enterprise, with a complete ecosystem of fraud-as-a-service stealing more than $16B per year. According to a recent report, there were more than 4.2 billion records exposed globally in 2016. Fraudsters are using these stolen identities to create armies [...]
According to the 2016 Anita Borg Institute’s Top Companies for Women Technologists program, only 21.7 percent of women hold technical roles. That’s why DataVisor, with two female cofounders and 32 percent of women in technical roles, can seem like an anomaly in the world of Silicon Valley startups. Yinglian Xie, [...]
In March we released our inaugural DataVisor Online Fraud Report, which took a look at our base of more than one billion users across 172+ countries in the world, and fulfilled its mission of arming fraud fighters like our customers with some new intel on how bad actors conduct attacks. [...]
As mentioned in my previous articles, traditional rule-based transaction monitoring systems (TMS) have architectural limitations which make them prone to false positives and false negatives: Naive rules create a plague of false positives that are expensive for investigators to sift through Sophisticated money launderers know how to circumvent rule-based systems [...]
Today, we’re excited to publicly announce the DataVisor Automated Rules Engine, a rules engine that maintains itself. By eliminating the need for human effort to add, tune, and delete rules, it’s the most sophisticated rules engine on the planet. At a glance, the Automated Rules Engine: adds, deletes, and tunes [...]
As DataVisor Co-Founder and CEO Yinglian Xie says in her foreword to the Inaugural DataVisor Online Fraud Report, “Data is power.” We have no shortage of data here at DataVisor and we have taken the opportunity to unlock it and analyze the results. Through our Global Telemetry Network of [...]
ending the false positive alerts plague, approximately 90-95 percent of alerts generated by Transaction Monitoring Systems (TMS) are false positives. So, why don’t we tighten our rule thresholds to let fewer alerts through? Image Source Unfortunately, tightening thresholds typically increases false negative alerts, which are real [...]
Keith Furst is the Founder of Data Derivatives, and has years of experience within a variety of financial institutions including Tier One wholesale banks, investment banks, foreign bank branches, commercial banks, retail banks, broker-dealers, prepaid card providers and merchant acquirers with a focus on implementing, fine tuning and validating financial [...]
This is a guest post from Zack Pumerantz, fraud prevention manager at FanDuel. At FanDuel, Zack is responsible for proactive investigation, chargebacks, reporting and training his quickly growing team of cyber crime specialists. Zack's team brings to the table a ruthless drive to catch criminals, a focused approach and team chemistry [...]
One billion. It’s a number that has been all of the headlines recently, with Yahoo disclosing a breach of more than one billion user accounts in August 2013. It’s hard to fathom a breach that large, but as we noted back in August of 2015, we are entering an era [...]
Wondering if your company has any crime rings sleeping among your users? Most will acknowledge that there are likely some accounts lurking here or there, but may not realize that it’s a big problem. This attitude is held by a lot of companies, large and small, and many think they [...]
Predictions season is upon us once again and after some successful speculation for 2016, we decided to take another Nostradamus-like crack at it again with what we predict will happen in the world of online fraud trends in 2017. Fraud and security are interesting areas in which to try to [...]
