Collaborate Disseminate
We are fast approaching the end of 2020. A year that was different in many ways due to the COVID-19 pandemic, and the impacts on retail were no exception. There has been widespread coverage of retail strategies to survive as physical stores remain clos… Continue reading Bot-as-a-Service: The Consumerization of Botting
Following on the retail win posted previously, this week’s win is a clothing and home décor retailer that had an account takeover/credential validation challenge that their incumbent solution was unable to address. Bad actors were targeting APIs suppor… Continue reading Tales from the Front Lines: Retailer Prepares for Holiday Bot Battle in a Matter of Weeks
One of our newest customers is a large, community-based retailer that had a mobile application and API account takeover problem. Roughly 12 months ago, they selected a JavaScript and SDK-based bot mitigation solution to address their ATO challenges. Th… Continue reading Tales from the Front Lines: Large Retailer Achieves Near Immediate Time-to-Value
If you were in the market for a PS5, a NVidia RTX3080, a Kobe jersey, or a pair of Nike Dunk Highs chances are that if you were trying to buy it by just clicking a few buttons on your phone, tablet or laptop you were out of luck. The bots beat you to t… Continue reading The Race Between Human and Machine in the Quest for the Hot New Thing
All next week, experts from Cequence Security will be sharing key threat research findings and best-practice recommendations for protecting your organization from threats such as API abuse, account takeovers, fake account creation and more. Every day C… Continue reading Get Ready— It’s Almost Bots Attack Week!
In a previous blog, I talked about how the Covid-19 pandemic lockdown had corresponded to an increase in attack intensity. Since then, different parts of the country have begun to reopen, and in some cases reclosing, yet the attackers have maintained t… Continue reading Tales from the Front Lines: Maintaining Detection Efficacy (and Your Cool) in the Summer Heat
PerimeterX, an Israel- and Silicon Valley-based cybersecurity company that sells tools defending retailers against automated web attacks, announced Tuesday it received a $23 million investment led by the venture capital firm Canaan Partners. Investors have put a total of $34.5 million into PerimeterX since it was launched in November 2014. The company sells PX Bot Defender to more than 30 customers, including Wix, Seeking Alpha, Coupons.com and luxury consignment shop The RealReal. The product aims to detect and fend off bot or nonhuman attacks including scalping, carding, scraping, fraud, check-out abuse and account takeovers. Bot traffic surpassed human traffic on the internet in 2016, a repeat of 2012 and 2013, when nonhuman traffic also came out on top. Bot traffic will easily bypass human traffic in 2017, PerimeterX CEO Omri Iluz told CyberScoop. When bot activity moves from annoying to nefarious, the resulting numbers are substantial, including $2.6 billion in losses in 2016 from […]
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Continue reading Anti-bot security firm PerimeterX lands $23 million investment