Today we showcase an exciting and successful venture co-founded by David Jones in 2005, ThreatMETRIX - Security for eCommerce Applications. In a recent email-based interview with David, he gave insights into his venture and how he is progressing with it. This is what he has to say: • Please tell us about your venture/company? We created ThreatMetrix to deliver a new layer of security protection specifically for the explosive growth of eCommerce transactions. With the growth of over 20% pa of online credit card transactions and web 2.0 applications now monetizing, the fraudsters have taken advantage of their anonymity on the internet to steal credit cards, fraudulently purchase products and launder money. ThreatMetrix delivers intelligence to eCommerce sites to detect both good customers and fraudsters using stolen identities. • Who are the people behind this and how it started? The founders and core team previously built security products for SurfControl (now WebSENSE) - we saw the u...
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