Dave Excell Explains Spike in Cyberattacks to Digital Trends
Featurespace founder, Dave Excell, explains the rise in attacks from Chinese hacking groups amidst the COVID-19 pandemic.
A surge in sophisticated cyberattacks targeting large U.S firms has been described as one of the broadest campaigns of cyber espionage in recent years. With coronavirus dominating the media, hackers are taking advantage of the increase in transactions as people spend more online; “We’ve been as busy as ever with our customers, making sure they have the right defence in place as more people are going online to transact” Excell told Digital Trends.
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About Featurespace – www.featurespace.com
Headquartered in the U.S. and U.K. and with offices in Atlanta, Cambridge and London, Featurespace™ is the world-leader in fraud prevention and creator of the ARIC™ platform, a real-time AI machine learning software that risk scores events in more than 180 countries.
The ARIC platform combines adaptive behavioural analytics and anomaly detection to automatically identify risk and catch new attacks as they happen. The increased accuracy of understanding behavior strikes the balance between improving fraud and risk detection and operational efficiencies, while also reducing the number of genuine transactions that would be incorrectly declined by as much as 70 percent.
Michael Touchton, Featurespace
U.S. Marketing Manager
+1 (423) 364-5491