ThreatMetrix Launches Anti-Fraud Network For Social Media And E-Commerce Sites

VENTUREBEAT — ThreatMetrix is announcing today that it has launched the ThreatMetrix Fraud Network, a service that protects e-commerce companies and social media firms from online fraud. The service can recognize devices -- computers, laptops or phones -- that are being used to log into a site. It associates some 200 characteristics of the device with a user and then decides whether there is any fraud involved. Then it helps the customer decide whether to proceed with transactions related to payments, logins, or the creation of new accounts...