Company That Analyzes Millions of Transactions for Online Ticketing Companies Expects a Jump in Fraud Ahead of the Big Game on Feb. 7
PORTLAND, OR--(Marketwired - Jan 28, 2016) - iovation, the provider of device intelligence for authentication and fraud prevention, today released its list of how to avoid ticket scams ahead of the the big game on Feb. 7 in Santa Clara, Calif. With the average ticket price for last year's big game in Glendale, Ariz. being thousands of dollars and some having gone for more than ten thousand dollars, iovation anticipates that fraudsters will be out in force.
"Much like with Cyber Monday, fraudsters set up their schemes around events that attract the most money," said iovation's Vice President of Operations, Molly O'Hearn. "We are working hard to prevent dishonest brokers from getting their hands on legitimate big game tickets."
Based on analysis of millions of transactions for some of the world's largest ticketing companies every year, iovation has outlined the best ways for consumers to avoid falling victim to "super-sized" ticket fraud:
About iovation
iovation protects online businesses and their end users against fraud and abuse, and identifies trustworthy customers through a combination of advanced device identification, shared device reputation, device-based authentication and real-time risk evaluation. More than 3,500 fraud managers representing global retail, financial services, insurance, social network, gaming and other companies leverage iovation's database of billions of Internet devices and the relationships between them to determine the level of risk associated with online transactions. The company's device reputation database is the world's largest, used to protect 15 million transactions and stop an average of 250,000 fraudulent activities every day. The world's foremost fraud experts share intelligence, cybercrime tips and online fraud prevention techniques in iovation's Fraud Force Community, an exclusive virtual crime-fighting network. For more information, visit iovation.com.
Contact Information:
CONTACTS:
iovation Inc.
Connie Gougler
503-943-6748