There is nothing new about a retailer with a data breach with far reaching impact. What is interesting in this article is that 1800 attempts have been recorded where one of the stolen card numbers is being used in a fraudulent way: two crimes - one is the theft and all the others are fraudulent use of the card numbers. Intellitactics and Radware have recently announced the integration of data from Radware's Inflight into Intellitactics' security information and event management solution Security Manager (ISM). Radware's Inflight passively monitors online user activity while the user is in-session and sends the activity to ISM which uses its correlation and scoring functionality to isolate the use of fraudulent card numbers. This new real-time approach speeds up response, collects forensic data and potentially can be used to change controls that reduce collateral damage of the original breach. Early detection is the key to prevention. Using Radware Inflight and Intellitactics ISM to surveil suspicious activity after the onset of a card breach helps the financial institutions restore customer confidence, mitigate the reputational risk, and protect the card holders identity from further fraud.
To read more about the security breach at Hannaford Bros. Co. visit: http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9068999&intsrc=industry_list
Intellitactics and Radware have joined forces to provide businesses and government agencies a real-time capability to detect fraud and thwart identity theft. This alliance combines Intellitactics Security Manager and Radware’s business-smart network to provide security and operational teams a way to monitor the activity of authenticated users accessing online portals and web applications. Upon identification of security breaches or suspicious activities, comprehensive investigatory and remediation efforts can then be initiated. Fast action halts fraudulent acts in process and protects users from the damages inflicted by fraud and identity theft.
Radware (NASDAQ:RDWR), the global leader in integrated application delivery solutions, assures the full availability, maximum performance, and complete security of business-critical applications for more than 5,000 enterprises and carriers worldwide. With APSolute™, Radware's comprehensive and award-winning suite of intelligent front end, access, and security products, companies in every industry can drive business productivity, improve profitability, and reduce IT operating and infrastructure costs by making their networks "business smart." For more information, please visit www.radware.com.
To read more about the Intelliacatics and Radware alliance visit: http://www.intellitactics.com/int/about/pr/20080324a.asp
