WatersTechnology‘s Waters Rankings has named LexisNexis Risk Solutions Best Cybersecurity Provider. The Waters Rankings honor the “initiatives, innovation and achievements” of the buy side and sell side‘s technology and data providers over the past 12 months, voted on by end users themselves. LexisNexis Risk Solutions continues innovating in cybersecurity by combining digital identity insights built from billions of transactions with leading analytic technology and embedded machine learning.
This year, LexisNexis Risk Solutions expanded its product suite through its launch of LexisNexis BehavioSec, a leading solution for behavioral intelligence to expand a business’s ability to trust digital transactions, reduce fraud and improve the consumer experience.BehavioSec passively evaluates risk by analyzing user device interactions in online transactions and helps businesses recognize trusted transactions, reducing false positives and fraud losses while providing a seamless customer experience.
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This is complementary to longstanding offerings like LexisNexis ThreatMetrix, an enterprise solution for digital identity intelligence and digital authentication that is trusted by thousands of leading global brands to inform daily transaction decisions.LexisNexis ThreatMetrix leverages device, location and threat intelligence to minimize friction for legitimate customers by differentiating between the digital identity of a trusted customer and a cyber threat in milliseconds.
“To have WatersTechnology readers recognize our cutting-edge cybersecurity solutions for the second year in a row is thrilling,” said Kimberly Sutherland, vice president of fraud and identity strategy for LexisNexis Risk Solutions. “Ultimately, our goal is to help customers make communities safer, commerce more trusted, economic opportunities more inclusive, business outcomes more predictable and risk decision processes more efficient.With fraud schemes and cyberattacks growing rapidly more sophisticated and as the digital economy accelerates, we are able to do that by helping businesses confidently discern between trusted customers and fraudsters.”
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