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Big Data to battle fraud, cyber crime: EMC guard dog gets a Silver Tail

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EMC has signed a deal to acquire web fraud detection specialists Silver Tail Systems. Financial terms of the deal, announced Tuesday, were undisclosed.

In a statement, EMC said that Silver Tail’s technology bolsters RSA’s position in the web fraud detection market because its technology complements RSA’s anti-fraud products and services for banks and online retailers. The acquired technology will also fit with RSA's strategy of using data analytics and adaptive risk-based controls to fight cybercrime targeted at both enterprises and consumers.

Privately-held Silver Tail Systems real-time web session intelligence and behavioural analysis technology is already used by various e-commerce and online banking providers worldwide. Its software detects anomalies, IT security threats, fraud, insider threats, business logic abuse and other malicious activity using Big Data-based analytics technology. ®

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