A screenshot of TrustDefender's website
(WEB HOST INDUSTRY REVIEW) — California based Internet security provider ThreatMetrix announced on Wednesday it has acquired its Australian competitor TrustDefender.
The combined companies will operate under the ThreatMetrix brand and will have operations in the United States, Australia and Europe.
The corporate headquarters will be located in San Jose. Andreas Baumhof the co-founder and CEO of TrustDefender has joined ThreatMetrix as CTO. The financial details were not disclosed in the press release.
“In 2011 we saw a huge increase in sophisticated MitB Trojan activities supporting fraudulent transactions with stolen identities,” said Baumhof. “Malware protection and fraud prevention are closely related, yet no truly integrated solutions were available in the market. The merger allows ThreatMetrix to address fraud prevention and malware protection as a single problem and deliver real benefits to customers at a lower cost.”
Founded in 2006, TrustDefender is headquartered in Sydney and has offices in the United Kingdom, US and Asia Pacific.
TrustDefender uses unique memory forensics technology and tagless page fingerprint technologies, providing products as a managed services offering and as an in-house implementation.
Following the acquisition, the ThreatMetrix Cybercrime Defender Platform now comprises of cloud-based, real-time device identification service TrustDefender ID.
The service protects companies against cybercriminals and helps validate valuable returning customers.
Another cloud-based real-time service offered is TrustDefender Cloud, which helps companies protect customer data and defend against fraud, malware, MitB and Trojan attacks, and data breaches,.
Finally, TrustDefender Client helps mitigates the risk of hidden malware compromising authenticated sessions to steal data, identities or money.
The service is a small client component that can be installed on end-user computers to find and isolate malware, verify legitimate websites, protect the online session with the business, and communicate with the business to identify potential fraud.
About Justin Lee
Justin Lee has been a staff analyst with theWHIR since 2004. He writes about a range of web hosting and IT-related issues facing the industry on the WHIR website, as well the print version of the WHIR magazine. Follow him on Twitter @Justin_theWHIR.
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