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Silver Tail Systems provides 3rd generation fraud prevention for protection against business logic abuse.

Hackers are no longer high school kids trying to one-up their friends or criminals trying to just break-in to sites. Instead, today’s sophisticated hacker is organized crime, strategically targeting websites, stealing billions of dollars from companies and their customers. Vendors providing web application security and intrusion prevention have forced hackers to become much more innovative in their means of attacking websites. These hackers now target the legitimate business logic of websites to perpetrate their fraud, including hijack threats, automated programs for password guessing, mass registration of accounts to game incentive programs, scraping customer data off of the website to perpetrate identity theft, and many others. Silver Tail is using the deep domain expertise of its team to provide software that combats business logic abuse in real-time.

Silver Tail provides a new generation of fraud prevention:

  1. Behavioral analysis – proactive identification of new and suspicious behavior on a website or event. Websites no longer have to rely on their customers to report problems, Silver Tail detects the behavior in real-time and immediately sends notifications and alerts.
  2. Investigation tools – easy and efficient tools for investigating exploits and suspicious behavior. No more culling through web logs to determine how bad actors are perpetrating their fraud.
  3. Immediate response – business owners can immediately change business logic flows for the bad actors without impacting good users – in real-time and without requiring engineering resources.

Silver Tail was founded by a team of fraud prevention experts who built anti-fraud and anti-phishing tools at eBay and PayPal. Through their experience and proprietary algorithms, they have built a system that is scalable, minimizes false positive rates, and is extremely flexible to adapt to changing attack vectors. Silver Tail's recent work with several popular websites has found that as much as 50% of traffic can be robotic with a substantial amount of live exploits at any point in time. Most of this had been completely undetected by the sites. Silver Tail Forensics took minutes to discover the exploits, saving these companies weeks of analysis. Silver Tail Mitigation helps to divert and block the bad behavior in real time, saving the cost of resources to rewrite pages.

You can always keep track of Silver Tail through our blog.

 

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