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Online Gambling Thirty thousand fraudulent attempts a day halted
2/1/10 - The Portland, Oregon-based Internet security company Iovation reported at the ICEi show this week that its operating statistics prove that 30 000 fraud attempts a day have been halted across its range of client sites.
The company reported monthly recurring revenues up 50 percent over the beginning of 2009, having closed last year with impressive results in revenue growth, new customer acquisitions and expansion of its globally shared database of device reputations.
The security firm released statistics showing that since inception, Iovation has performed over 2.7 billion reputation checks on behalf of customers, processing nearly double in 2009 over 2008, and actively stopping more than 30 000 fraudulent activities per day on the Internet.
Iovation’s revenue growth reflects the growing adoption of device reputation monitoring as a core component of fraud prevention and detection strategies. Businesses in industries ranging from retail to online communities are using device reputation checks to identify and shut down fraud schemes and organised criminal rings.
“In 2009, we exceeded our shareholder’s expectations in terms of new customers and revenue growth, while finding ways to operate more efficiently in a tough economic environment,” said Greg Pierson, chief executive of the firm. “Our results speak to the momentum gained from increased awareness of device reputation as a best practice in fighting online fraud.”
In addition to revenue growth, the Iovation customer base grew in near triple digits, gaining new customers in all of its key markets, adding to its well-established leadership in online gaming and online communities.
The company's device-based fraud database, has expanded, with the number of incidents of fraud shared by customers increasing by 105 percent since the start of 2009. Iovation now actively tracks the reputations of over 225 million devices, more than double the number at the outset of 2009
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
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MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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