eCommerceShield blocks card-not-present (CNP) fraud through a triple layer of protection that includes internet security intelligence, fraud detection technology and human analysis, all delivered via a payment gateway.
According to the LexisNexis True Cost of Fraud Study, conducted by Javelin Strategy & Research, every USD of CNP fraud costs an online merchant USD 2.70 in chargebacks, lost merchandise, penalties and fees and administrative expenses.
For small and medium businesses, eCommerceShield provides a number of features:• Fewer false positives. In addition to detecting fraud, review by analysts reduces the number of good transactions rejected; • Brand protection. Pre-authorization screening prevents fraudulent use of credit card data at any business using eCommerceShield;• Protect the ability to do business online. Too many fraudulent transactions can lead to credit card issuers prohibiting a merchant from ever again taking credit and debit payments. eCommerceShield eliminates this threat.
Norses patent-pending IPViking technology monitors the internet for malicious high-risk network traffic and cyber threats. Using proprietary big data analytics, IPViking turns this data into actionable threat intelligence, enabling enterprises to prevent financial fraud, upgrade network security and protect against breaches through websites, applications, e-commerce systems and network connected devices.
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