HID Global, a worldwide leader in trusted identity solutions, announced that it has signed a collaboration agreement with ThreatMark, a threat and fraud detection technology company, to develop new capabilities that will enhance the ability of financial institutions to detect cyber threats, such as malware, application hacking, phishing, account takeover, identity theft and fraudulent transactions.
HID’s expertise in Identity & Access Management (IAM) includes multi-factor authentication, credential management system software and identity verification capabilities in complex environments. HID’s capabilities complement ThreatMark’s expertise in cyber-criminal detection and fraud prevention. The two companies will work together to extend threat and fraud detection in order to meet today’s ever-increasing risk from cyber-attacks.
