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Silver Tail Systems Positioned in the Leaders Quadrant of the Magic Quadrant for Web Fraud DetectionEvaluation Based on Completeness of Vision and Ability to Execute (May 31, 2012)
MENLO PARK, CA -- (Marketwire) -- 05/31/12 -- Silver Tail Systems, Inc., a leading provider of web session intelligence and behavioral analytics, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the Magic Quadrant for Web Fraud Detection.*
"The Web fraud detection market grew about 25% in 2011 as unrelenting cyberattacks and data breaches persisted. Smaller vendors drove innovation, and their products were often added on top of existing WFD software from larger vendors to improve overall fraud prevention," noted Avivah Litan in the 2012 report.
"I believe Gartner's analysis of the Web Fraud Detection market is confirmation that traditional measures such as user authentication are not keeping pace with online fraud and broader Information Security threats," said Timothy Eades, Chief Executive Officer at Silver Tail Systems. "Protection today is about visibility, intelligence and a contextual understanding of user and population behavior. This is a radical shift from just several years ago. Like using a black light at a crime scene or wearing night vision goggles, we are seeing things that nobody has seen before."
The Silver Tail Systems product portfolio delivers real time accuracy and complete visibility, with simple installation and proven support to some of the most complex websites in the world; analyzing web and mobile traffic for over 1 billion user accounts and over 6 billion web requests daily. Strong strategic partnerships with organizations like MasterCard Worldwide expand corporate reach and accelerate adoption of Silver Tail technology around the world.
"Silver Tail endeavors to be a trusted partner that provides visibility, intelligence and security into a strategic channel for customers: their web presence," noted Eades. "I consider our position in the leaders quadrant as evidence that we are succeeding. We are proud to be recognized with this honor."
Learn more about the Web Fraud Magic Quadrant by attending the 'What's New In Fraud Fighting Technologies: Understanding the Role of Web Session Intelligence Behavior' webinar hosted by Gartner Vice President and Distinguished Analyst Avivah Litan on Thursday, June 28, 2012 at 8:00 am PT/11:00 am ET. Please register at www.silvertailsystems.com.
*Gartner Inc., "Magic Quadrant for Web Fraud Detection" by Avivah Litan, May 29, 2012.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Silver Tail Systems, Inc.
Silver Tail Systems, a leading provider of web session intelligence and behavioral analytics, is protecting some of the world's leading websites against mobile and online fraud and cybercrime. Silver Tail Systems' award-winning solutions are made possible by the unmatched expertise of its management and technology teams, who bring deep experience, know-how and personal commitment to protect their customers' businesses against online fraud. For more information, visit Silver Tail Systems at www.silvertailsystems.com.
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