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Close the Gaps in Your Security With Better Analytics

Posted on 11.18.2014

Website security has taken center stage after massive credit card leaks at major retailers like Target and The Home Depot, leaving companies no choice but to take action and enhance their security or risk a very public shaming if their networks are breached. Fortunately, there are several interesting solutions available to counter what many consider inevitable.

LexisNexis Risk Solutions, for example, recently announced the launch of their new security platform called LexisNexis Fraud Defense Network to help companies better recognize where they are at risk for a breach.

The solution provides companies and organizations across sectors with a dedicated platform to monitor their networks. In order to best accomplish this, the platform is equipped with all the necessary rescources and actionable intelligence to predict as well as detect and mitigate risks like big data analytics.

Through its use of big data, LexisNexis can dive deep into a company’s data and determine if there is any fraudulent activity as well as where it is coming from. 

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“Professional thieves don’t have a particular bias for a given industry,” said John Lorimer, vice president of analytics and product management, LexisNexis Risk Solutions. “Instead, they tend to ‘follow the money,’ deliberately exploiting gaps in the system to perpetrate fraud and hide their tracks.”

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