Trusteer Positioned as a Leader by Analyst Firm in Web Fraud Detection Magic Quadrant

Trusteer, the leading provider of endpoint cybercrime prevention solutions, today announced that it was positioned by Gartner Inc. as a Leader in the Magic Quadrant of the Web Fraud Detection report for 2012 which was published May 29 by analyst Avivah Litan. A complimentary copy of the report is available here.

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According to the Gartner report, the rapid movement and changing nature of hacker attacks rendered useless the fraud prevention solutions that many companies had in place. These companies therefore sought solutions that could be plugged in as needed, without excessive disruption to their IT infrastructures. In a dynamic environment where fraud patterns change quickly, enterprises should deploy a common fraud service layer around their core legacy system.

“We view Trusteer's position in the Leaders Quadrant as further proof that Trusteer Rapport and Trusteer Pinpoint are widely proven in the marketplace,” said Mickey Boodaei, CEO of Trusteer. “Trusteer customers benefit from shared threat intelligence, since every new attack targeting one of our customers is quickly analyzed to strengthen our products’ layered defences.”

Leaders Quadrant for Web Fraud Detection

The report states the Leaders Quadrant contains “fraud prevention vendors that have well-established records in online fraud detection. The companies serve different use cases and don't all compete directly with each other. They all earn high scores from their customers for their ability to effectively stop fraud, while minimizing inconvenience to end users and the organizations that use them. They also earn high marks for responsive customer service and relatively easy implementations. Their product, sales and marketing strategies and executions are strong, and they continue to innovate and improve their services. They are firmly committed to staying and winning in this market, and to developing their products and services to meet evolving customer needs. They have also demonstrated that they can sell into markets in different parts of the world, other than their home countries. They have demonstrated agility and the ability to move quickly in helping their customers address difficult and fast-changing fraud issues.”

Trusteer Cybercrime Prevention Solutions

Hundreds of organizations and millions of end users rely on Trusteer to protect their computers and mobile devices from online threats that are invisible to legacy security solutions. Trusteer’s Cybercrime Prevention Architecture combines multi-layer security software with real-time threat intelligence to achieve sustainable protection against malware and phishing attacks and meet regulatory compliance requirements. The company offers three integrated and complementary protection layers:

• Trusteer Pinpoint provides clientless detection of fraudulent activity, identifying malware infected web sessions, and phishing attacks.
• Trusteer Rapport prevents financial malware from infecting PCs and Macs, secures the browser against tampering and data theft and provides automated remediation.
• Trusteer Mobile protects iOS and Android devices from malware attacks to enable safe mobile banking, and deliver secure out-of-band authentication for online banking.

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Trusteer

Boston-based Trusteer is the leading provider of endpoint cybercrime prevention solutions that protect organizations against financial fraud and data breaches. Hundreds of organizations and millions of end users rely on Trusteer to protect their computers and mobile devices from online threats that are invisible to legacy security solutions. Trusteer’s Cybercrime Prevention Architecture combines multi-layer security software with real-time threat intelligence to achieve sustainable protection against malware and phishing attacks and meet regulatory compliance requirements. Global organizations such as HSBC, Santander, The Royal Bank of Scotland, SunTrust and Fifth Third use Trusteer’s solutions and leading online banking providers such as First Data, Harland Financial Solutions, Intuit and S1 integrate with Trusteer to provide world-class protection for financial institutions of all sizes. www.trusteer.com.