LexisNexis acquires anti-fraud behavioural biometrics agency BehavioSec

LexisNexis Danger Options, a part of the Relx Group, has acquired behavioural biometrics tech supplier BehavioSec for an undisclosed sum.

LexisNexis acquires BehavioSec

Based in 2008, Swiss-based BehavioSec’s know-how is designed to be taught and perceive how individuals uniquely sort and swipe on their telephones, changing cell indicators from touchscreen and sensors into guidelines to constantly authenticate identification and forestall fraud.

Behavioural biometrics is used throughout monetary providers to forestall new fraudulent account opening, account takeovers and scams. It may possibly establish and detect bots or malware, typical fraudster utilization patterns and modifications in legit particular person utilization patterns.

BehavioSec’s options shall be obtainable as a part of LexisNexis’ enterprise service group, enhancing its machine and digital identity-focused providing, together with its ThreatMetrix product.

LexisNexis enterprise providers CEO Rick Trainor says: “Behavioural biometrics is a precious element in fraud prevention methods that layer defences to tighten the web that stops fraudsters.”

The deal will allow LexisNexis to offer entry to behavioural biometric options for bigger organisations when mixed with ThreatMetrix, whereas additionally serving small to mid-sized organisations searching for a stand-alone behavioural biometrics providing.

In August, LexisNexis acquired cloud-based orchestration platform TruNarrative in a deal reported at £130 million.

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