iovation to Discuss Cybercrime Prevention Strategies at MRC Istanbul
September 4, 2014 - Portland, OR
iovation, the trusted source for mobile and online fraud prevention to safeguard businesses, will offer device-based strategies to stop fraud at Merchant Risk Council's MRC Roadshow. Philippe Mazurier, iovation's Director of Business Development for Southern Europe, will discuss cybercrime prevention techniques on the panel "Known Fraud Threats and Tools." Orcun Akca, Head of Global Payments & Revenue Protection at eDreams ODIEGO, will join Mazurier on the panel which will take place on September 5 at 11:30 a.m. EEST at the Hilton Istanbul Bosphorus hotel in Istanbul, Turkey.
"Account takeover fraud is an ever-present threat that businesses must combat," said Mazurier. "The aftermath of a compromised account isn't good for your business or your customer. iovation tracks first-time devices, repeat devices, account tampering behaviors, and account takeover events -- all in real-time. Most importantly we do all that without requiring personally identifiable information."
iovation has protected tens of thousands of transactions originating from Turkey this year for retail, financial services, social community and gaming clients. Interestingly iovation found that the most popular end-user device type used in Turkey is Microsoft Windows, followed by Android and then iOS running on iPhones. The company recently released a mobile report with data on operating systems by continent that can be accessed online.
"iovation has a community of fraud professionals from around the world," said Mazurier. "The subscribers to our service share their experience of customers who commit fraud or other high risk behavior, relative to their devices and accounts. This shared intelligence is an important component in the fight against cybercrime."
Visit the MRC website for more information about the MRC Roadshow and fraud prevention panel.
iovation protects online businesses and their end users against fraud and abuse through a combination of advanced device identification, shared device reputation and real-time risk evaluation. More than 3,000 fraud managers representing global retail, financial services, insurance, social network, gaming and other companies leverage iovation's database of Internet devices and the relationships between them to determine the level of risk associated with online transactions. The company's device reputation database is the world's largest, used to protect more than 10 million transactions and stop an average of 200,000 fraudulent activities every day. The world's foremost fraud experts share intelligence, cybercrime tips and online fraud prevention techniques in iovation's Fraud Force Community, an exclusive virtual crime-fighting network. For more information, visit www.iovation.com.