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ThreatMetrix Tackles Mobile Commerce Security on Smartphones

Tags » Data Security, ECommerce Payments, Online Banking, ThreatMetrix  » Comments (0)

ThreatMetrix_logo-140px.jpgThreatMetrix has unveiled a new mobile security application for smartphone users called SafeAndSurf - a web browser that securely stores a smartphone user's personal data until he or she is ready to sign-on to a social network, execute an online banking transaction, or complete an ecommerce purchase. According to the company, "SafeAndSurf is the only mobile security application to safeguard a smartphone user's personal information and also allow the user to automatically insert that information to transaction data fields, a combination that allows consumers to shop, bank and play on their smartphones more safely and easily." SafeAndSurf is available today for use on the Apple iPhone.

"There are plenty of password 'safes' for smartphones, but only SafeAndSurf provides the essential convenience and accuracy of automatically populating website purchase forms," said Reed Taussig, president and CEO at ThreatMetrix. "SafeAndSurf extends ThreatMetrix' online fraud fighting expertise to the mobile phone so users can safely and easily log into their favorite social networks, email accounts and personal blogs, or make purchases from thousands of websites. We are excited to enter the mobile commerce market and we look forward to protecting consumers and companies as they leverage this massive and growing new commerce medium."

SafeAndSurf is a project of ThreatMetrix Labs, a fraud prevention solution incubator managed by ThreatMetrix and supported by customers and partners, and a natural extension of ThreatMetrix' device identification platform. Future ThreatMetrix mobile security applications will focus on protecting merchants, banks and social networks from fraudulent purchases made on mobile devices by cyber criminals.

SafeAndSurf is available today for use on the Apple iPhone and can be downloaded for free at the Apple iPhone App Store. Similar versions of SafeAndSurf will be available soon for users of various BlackBerry, Nokia and T-Mobile G1 smartphones. More information is available at www.safeandsurf.com.



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