Join BehavioSec at Money20/20 to See How Behavioral Biometrics Secures and Empowers Financial Services’ Digital Transformation
October 16, 2018
Meet with the BehavioSec Team to Learn why FinTech and Financial
Services Leaders Around the World Turn to BehavioSec’s Platform
SAN FRANCISCO–(BUSINESS WIRE)–BehavioSec,
the first vendor to pioneer behavioral biometrics, will attend the Money20/20
conference, October 21-24, 2018 at The Venetian in Las Vegas, Nevada.
Money20/20 focuses on the mission of creating a simpler, fairer, faster
and more inclusive financial system for individuals, businesses, and
society as a whole. During the conference, BehavioSec will meet with
customers and industry partners, brief media and analysts and present
demos of the company’s Behavioral
Biometrics Software Platform. Already in use with some of the
biggest global brands in FinTech and financial services, BehavioSec’s
software provides continuous
online authentication of account holders by analyzing their unique
physical behaviors, like typing patterns, cursor movements and
touchscreen inputs.
“Digital identity, biometrics and cybersecurity are headlining themes at
Money20/20 this year, showing the critical role these issues play at the
intersection of trust and usability for financial services reaching
users through the Web, mobile and other digital platforms,” said Jordan
Blake, BehavioSec’s Vice President of Products. “With so much emphasis
on creating more secure, personalized and frictionless banking, payment
and other services in this industry, our team looks forward to showing
attendees how behavioral biometrics adds new security to consumers’
login credentials, while slashing financial organizations’ support costs
and improving their risk scoring.”
Money20/20 attendees can visit BehavioSec at booth #2138 during
the conference and schedule a demo of BehavioSec’s platform here.
Traditional, one-time authentication measures like thumbprints and
passwords cannot scale to protect and enable digital transformation in
the financial services sector. Users’ passwords are continually breached
and trafficked in the cybercrime underground, where they are exploited
in account takeover attacks. Meanwhile, financial institutions and
FinTech vendors face mounting consumer frustration and support costs
from having to constantly troubleshoot and reset passwords. Static
password and biometric measures cannot stop malware from hijacking
browsers for fraudulent transactions and even multi-factor
authentication (MFA) is bypassed when attackers use stolen tokens or
phones to intercept MFA codes.
BehavioSec’s platform offers proven advantages for FinTech developers
and financial firms looking to reduce needless support costs and restore
proactive control over digital identities, including:
-
Accuracy: BehavioSec’s platform is proven to yield low false
positives alerts and deliver detailed information for real-time fraud
detection and forensic purposes. -
Availability: BehavioSec’s platform can be deployed on-premise
or in the cloud by the enterprise, giving customers unmatched
flexibility and control over end user privacy. -
Continuous, seamless authentication: Efficiently combining
identity and security functions, BehavioSec continuously studies
behaviors to spot suspect activity, denying blind spots necessary for
remote access Trojan (RATs) malware, bots, man-in-the-browser (MITB)
attacks and other threats to compromise accounts or files. -
Proven value: Customers quickly discover measurable cost
savings from lower fraud incidences, coupled with fewer customer
support calls and false positive issues associated with traditional
authentication tools across billions of transactions and continuously
verifying millions of users.
Follow BehavioSec for more details and the latest in behavioral
biometrics technology:
About BehavioSec
BehavioSec is the first vendor to pioneer behavioral biometrics. The
company’s Behavioral Biometrics Platform is widely deployed across
Global 2000 companies for its proven ability to dramatically reduce
account fraud and data theft. Founded in 2008 out of groundbreaking
academic research, BehavioSec technology allows companies, to
continuously verify digital identities with superior precision, in
real-time. Strengthened with the leadership of serial entrepreneurs and
experienced industry professionals, the BehavioSec team now spans the
world, providing security while preserving a rich digital experience
throughout web and mobile apps.
BehavioSec is the only enterprise-grade vendor used in global
deployments with some of the largest companies, reducing manual review
whilst safeguarding millions of users and billions of transactions.
BehavioSec investors include Forgepoint Capital, Cisco, ABN AMRO, Conor
Ventures and Octopus Ventures. BehavioSec is headquartered in San
Francisco, CA and has global operations throughout Europe and Asia Pac.
For more information, visit www.behaviosec.com.
Contacts
BehavioSec
Tom Resau, +1 833-248-6732
pr@behaviosec.com