Co-Founder and Vice President, Olov Renberg, to Present on Continuous Authentication and Behavioral Biometrics’ Ability to Fight Fraud
SAN FRANCISCO, October 30, 2018 – BehavioSec, the first vendor to pioneer behavioral biometrics, will attend FS-ISAC Fall Summit on November 11-14, 2018 in Chicago, Illinois at the Sheraton Grand Chicago. FS-ISAC is an industry forum for collaboration on critical security threats facing the global financial services sector. Olov Renberg, BehavioSec’s Co-Founder and Vice President, will present on the topic, “The Front Line of the Fight Against Fraud: Behavioral Biometrics,” where he will discuss how financial service and technology companies have made measurable improvements in fraud prevention by using behavioral biometrics.
Account takeover fraud is among the top concerns for financial service organizations, but the ability to fight fraud has traditionally come at the expense of user experience. Today’s hyper-competitive market demands that firms ensure the ability to prevent fraud and cyber attacks without slowing down usability and functionality. Renberg’s session will draw on several use cases, including Goode Intelligence 2018 survey results and BehavioSec case studies, to show how behavioral biometrics is used to prevent account takeover, stop fraud and create a frictionless digital user experience.
“Presenting at FS-ISAC gives us the opportunity to show the success of behavioral biometrics in dramatically reducing fraud and theft committed by people and malware set on abusing accounts and credentials,” said Renberg. “Biometric authentication can greatly relieve the problems faced with consumer authentication including usability, security and compliance, making it a great benefit to fintech and financial services.”
Join BehavioSec’s Olov Renberg at the following session:
What: The Front Line of the Fight Against Fraud: Behavioral Biometrics
Who: Olov Renberg,Co-Founder and Vice President, BehavioSec
When: Wednesday, November 14, 2018 from 2:00 p.m. to 2:45 p.m.
Where: Sheraton Grand Chicago, Chicago, IL
The BehavioSec Behavioral Biometrics Platform is used by millions globally and protects billions of transactions. It prevents account takeover fraud, malware related fraud, account sharing violations, new account fraud and digital authentication friction. It continuously authenticates individuals based on their unique keystrokes, device handling characteristics and other innate behaviors. The technology makes logins more secure and improves upon traditional, less secure authentication methods.
Renberg founded BehavioSec in 2008, and acted as its initial CEO. He took BehavioSec’s product from an idea to deployment, and turned behavioral biometrics and continuous authentication into a mainstream product. Continuous authentication is now widely used across Global 2000 companies for its proven ability to dramatically reduce account fraud and data theft. BehavioSec’s proven technology and pioneering work in this field is widely recognized. The company recently joined a SANS Institute webcast defining behavioral biometrics and detailing the results of a hands-on product review of BehavioSec’s platform. BehavioSec is also included in prestigious innovators’ lists including the GSMA 100 and CB Insights’ Fintech 250.
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BehavioSec is the first vendor to pioneer behavioral biometrics and deliver continuous authentication. 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.
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