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Join BehavioSec at Money20/20 to See How Behavioral Biometrics Secures and Empowers Financial Services’ Digital Transformation

Meet with the BehavioSec Team to Learn why FinTech and Financial Services Leaders Around the World Turn to BehavioSec’s Platform


SAN FRANCISCO, October 16, 2018 –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.

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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:
+1 (833) 248-6732
pr@behaviosec.com