LexisNexis Risk Solutions Acquires Behavioral Biometric Innovator BehavioSec.
MANews-(C)2009-2022
US-based data and technology solutions provider LexisNexis Risk Solutions, part of British-Dutch information and analytics company RELX (NYSE: RELX), has acquired behavioral biometrics technology provider BehavioSec, the company said.
Founded in Sweden in 2008 with a presence in the US, Canada and EMEA, BehavioSec provides a predictive behavioral biometrics solution that uses behavior analysis for continuous authentication to establish identity trust and help prevent fraud.
Solutions from BehavioSec will become a part of the Business Services group within LexisNexis Risk Solutions and enhance its device and digital identity-focused offerings, such as LexisNexis ThreatMetrix.
Behavioral biometrics is becoming a widely adopted tool by industries such as financial services, ecommerce, technology, insurance, health care, communications, mobile and media companies and government agencies to prevent new account opening fraud, account takeover and scams, amongst other use cases.
These organizations seek a passive means to establish trust while identifying fraud and detecting bots or malware, typical fraudster use patterns and changes in legitimate individual usage patterns to stop fraud before it enters their environments.
They want to achieve this simultaneously while ensuring a positive experience at every consumer touchpoint.
BehavioSec brings the ability to convert complex mobile signals from touchscreen and sensors into rules and advanced mobile behavioral biometric-based authentication capabilities, complementing the browser-based solutions within ThreatMetrix.
By integrating offerings from BehavioSec into ThreatMetrix, customers will also benefit from continuous authentication, advanced...
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