With identity fraud hitting a new victim every two seconds, SecureBuy explores this disturbing trend from a business, technology and crime prevention perspective.
RIDGELAND, Miss., April 22, 2014 /PRNewswire/ — SecureBuy, an industry leader in fraud prevention technology announced today that it has joined forces with FICO™ and CrowdStrike Services to host a webinar in partnership with the Electronic Transaction Association (ETA). The webinar will explain how cyber criminals use advanced data science methods and computer technology to profit from breached personal and financial data stolen from U.S. retailers.
Photo – http://photos.prnewswire.com/prnh/20140421/76855
Photo – http://photos.prnewswire.com/prnh/20140421/76856
The webinar, entitled Big Data and Analytics Used to Monetize Breached Data by Cyber Criminals, will take place on April 23, 2014 at 12:00 p.m. EDT. Greg Wooten, CEO of SecureBuy will be presenting with Shawn Henry, one of the world's most sought after cybercrime and cybersecurity experts. Mr. Henry is the former FBI Executive Assistant Director (EAD) of the Criminal, Cyber Response, and Services Branch and is currently the President of CrowdStrike Services. Also presenting will be FICO Corporation's Vice President of Analytic Science, Scott Zoldi, who oversees the development of transaction analytics products and solutions. Scott has been responsible for authoring 49 patent applications related to fraud and streaming transaction analytics technology and is credited with the FICO™ Falcon® Fraud Manager product which protects about two thirds of the world's payment card transactions from fraud.
"Over 100 million stolen credit and debit cards and user profiles have been pumped into the payment ecosystem as a result of recent data breaches and identity fraud is now hitting a new victim every 2 seconds. Additionally, EMV adoption will accelerate, driving CNP fraud to disturbing new levels," says Greg Wooten, CEO of SecureBuy. "The 60-minute session will explore the subject from a business, crime prevention, and technology perspective."
The webinar is complimentary for ETA members, but costs $99 for non-members. The ETA webinar is approved for one (1) ETA CPP Continuing Education (CE) credit. Registration information about the event can be found on the Electronic Transaction Association website at www.electran.org/professional-development/webinars/.
About SecureBuy
SecureBuy is a wholly owned subsidiary of SignatureLink, Inc. Founded in 2002, SecureBuy is an established eCommerce cybersecurity and technology company, a payment fraud prevention pioneer and leader. SecureBuy's innovative technology reduces or eliminates the risk of payment fraud for merchants, call centers, consumers and payment processors. SecureBuy provides the latest next-generation automated technologies and solutions to reduce revenue erosion from payment fraud and to stabilize eCommerce. For SecureBuy news and media resources, visit www.securebuycommerce.com.
About ETA
The Electronic Transactions Association (ETA) is the global trade association representing more than 500 payments and technology companies. ETA members make commerce possible by processing more than $4.5 trillion in purchases in the U.S. and deploying payments innovations to merchants and consumers.
Media Contacts:
SecureBuy
Kate Blatner
Director of Corporate Communications
408.769.5007