May 29, 2007Fraud Management Takes A Lesson from Life: Learn to Shareiovation and the MRC host Best Buy and Obopay during breakfast session on sharingSan Jose, Calif. – May 29, 2007 – iovation, the device reputation authority for the Internet, and the leading provider of reputation-based online fraud management, together with the Merchant Risk Council, the retail industry's premier association for preventing online fraud and promoting secure e-commerce, today announced they are hosting an educational breakfast session on the importance of sharing information to curtail exposure to online fraud. Presenters will explain the importance of collaboration through industry associations like the MRC, and how fraudulent information across industries can now be tracked and stopped before fraudsters exploit multiple Internet merchants. Online retailers, e-commerce fraud managers, press and analysts are encouraged to attend this free breakfast session. The panel, moderated by Tom Donlea, executive director of the MRC, will include Tim Laudenbach, credit risk manager at Best Buy, Mike O'Connor, fraud operations manager at Obopay Inc., and Jon Karl, co-founder and senior vice president of business development and marketing at iovation. Time: 7 - 8 a.m. The Merchant Risk Council consists of over 7,800 merchants, vendors, financial institutions and law enforcement agencies. Its subscribers share the common goal of protecting and encouraging the thriving online commerce industry by establishing best practices for cyber-fraud prevention. In addition, the MRC works with federal and local law enforcement agencies such as the Federal Bureau of Investigation, Secret Service, the U.S. Department of Justice and the U.S. Postal Inspectors to help catch and prosecute cyber criminals. The Board of Directors and Advisors consists of leading industry professionals, eCommerce retailers, solution providers and financial institutions and includes representatives from Adobe, Apple, Best Buy, CompUSA, Costco.com, CyberSource, Debix, Discover Network, eFunds, Expedia, Hewlett-Packard, iovation, Microsoft, Neiman Marcus, Orbitz Worldwide and Sterling Consulting International. About iovation iovation, headquartered in Portland, Oregon pioneered the use of device reputation for managing online fraud, abusive behavior and multi-factor authentication. Today, iovation manages the reputation of millions of Internet-enabled devices worldwide, allowing its customers to control online fraud and abuse while benefiting from sharing device reputation intelligence. For more information on iovation and the company's products, visit www.iovation.com. |
