Kaspersky Lab joins forces with Merchant Risk Council to help combat ecommerce fraud

As part of its mission to tackle online fraud, Kaspersky Lab has become the latest company to join forces with the Merchant Risk Council as Premier Solution Provider to help online retailers and eCommerce businesses protect themselves and their customers from fraudsters.

As an independent, not-for-profit business association, the Merchant Risk Council aims to facilitate collaboration between eCommerce payments and risk professionals – something that the team at Kaspersky Lab is passionate about.

Markus Bergthaler, Director of Programs and Marketing, Merchant Risk Council says, “Fraud is a constantly changing and evolving landscape, which means it is challenging for merchants to successfully manage and combat. Having Kaspersky Lab’s team of experts on board brings an added layer of expertise to our expanding group of members. Together, we hope to be able to share knowledge and tackle this threat head on, making the Internet a safer place for everybody to buy and do business.”

Kaspersky Lab’s comprehensive fraud prevention offering is designed to empower online retailers so that they can grow without security concerns or usability issues. Through advanced technologies, Kaspersky Fraud Prevention delivers next generation context authentication, pre-real-time fraud detection and new money laundering detection capabilities. The solution is furthermore wrapped in a customer-centric approach to address the real-world issues businesses face on a daily basis.

Alexander Ermakovich, Head of Kaspersky Fraud Prevention says, “Most customers now use online and mobile channels for their daily needs, so it’s important for online and eCommerce businesses to be able to deliver high-level services with maximum functionality. Having honed our fraud prevention offering for the financial services industry, we have also evolved it to arm e-Commerce, retail and loyalty schemes with the tools they need to protect themselves and their customers from fraud. We are looking forward to sharing our expertise in this area with other members of the Merchant Risk Council.”