Gartner Identifies NuData Security a 'Cool Vendor' in Cloud Security Services
VANCOUVER, British Columbia, May 12, 2015 /PRNewswire/ -- NuData Security today announced that is has been recognized in the April 24, 2015 Cool Vendors in Cloud Security Services report by Gartner1, a leading information technology analyst organization.
Each year, Gartner identifies new Cool Vendors in key technology areas and publishes a series of research reports highlighting these innovative vendors and their products and services.
The report finds that attacks are increasing in frequency and sophistication. Advanced targeted attacks, fraud, distributed denial of service, man-in-the-middle attacks, and other common security and authentication attacks add to the headaches for chief information security officers (CISOs) brought by the disruptiveness of digital business.
The report provides the following recommendations for CISOs and other security decision makers:
- Use cloud-based fraud detection services that specialize in behavioral profiling and machine learning to leverage collective market intelligence on attacks and attackers.
- Shift the overall security program from "block and prevent" models to "detect and respond" approaches.
- Invest in those cloud technologies that allow your specific program to more rapidly discover and react to attacks.
Michel Giasson, CEO, NuData Security, said:
"With account takeover and new account creation on the rise, our goal is to help customers significantly reduce the likelihood of fraud while also preventing false positives. Our continuous behavioral analysis system enables organizations to gain visibility into suspicious activity and block further account actions when necessary. We believe it is an honor to see our efforts have been further validated by a position in the Gartner Cool Vendor report."
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. 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 NuData Security
NuData Security predicts and prevents online fraud, protecting businesses from brand damage and financial loss caused by fraudulent or malicious attacks. NuData Security analyzes and scores billions of users per year and services some of the largest ecommerce and Web properties around the globe. Additional information is available at: http://nudatasecurity.com/
1 Gartner "Cool Vendors in Cloud Security Services, 2015" by Ray Wagner, Neil MacDonald, Avivah Litan, Adam Hils, Lawrence Orans, 24 April 2015.
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SOURCE NuData Security
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