LexisNexis Risk Solutions Named “Overall Fraud Prevention Solution Provider of the Year” in 2020 CyberSecurity Breakthrough Awards Program
International Awards Program Recognizes Outstanding Information Security Products and Companies
CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market, today announced that LexisNexis® Risk Solutions won the “Overall Fraud Prevention Solution Provider of the Year” award in the fourth annual CyberSecurity Breakthrough Awards program. LexisNexis Risk Solutions provides customers with solutions and decision tools that combine public and industry-speciﬁc content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efﬁciency.
Award Winning Solution
LexisNexis Risk Solutions delivers a precise view of customer identity risk to help minimize fraud, powered by a full suite of identity verification and authentication services from device fingerprinting and digital identity intelligence to evaluating user-entered details as part of the Know Your Customer onboarding process.
LexisNexis® Behavioral Biometrics layered in with other digital signals from LexisNexisâ ThreatMetrix® differentiates between good and bad online behavior and aids optimized fraud prevention. Evaluating email address risk also help businesses quickly detect additional aspects of digital risk associated with consumer transactions. The fraud platform also combines digital identity intelligence with physical identity insights for improved fraud detection.
The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security and many more. This year’s program attracted more than 3,750 nominations from more than 20 different countries throughout the world.
LexisNexis® Digital Identity Network®
The LexisNexis Digital Identity Network enables customers to share securely fraud intelligence to combat fraud. Customers across an enterprise within a similar industry or ecosystem and/or geographic region can share negative and positive data attributes to trusted member organizations. Customers are also able to create machine learning models and review model performance through the platform and a clear-box approach helps to attain visibility into factors contributing to risk analysis scores. Meanwhile, flagship models provide for fraud modeling with industry, geography and user case-level fraud risk signals and attributes.
About CyberSecurity Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people. The CyberSecurity Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more. For more information visit CyberSecurityBreakthrough.com.