Kaspersky Lab Joins Forces With Merchant Risk Council to Help Combat eCommerce Fraud

Press release
Published April 10th, 2018 - 04:45 GMT
Kaspersky Lab’s comprehensive fraud prevention offering is designed to empower online retailers so that they can grow without security concerns or usability issues. (Shutterstock)
Kaspersky Lab’s comprehensive fraud prevention offering is designed to empower online retailers so that they can grow without security concerns or usability issues. (Shutterstock)

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. The move further demonstrates Kaspersky Lab’s commitment to helping online retailers and eCommerce businesses protect themselves and their customers from fraudsters.

The Merchant Risk Council brings together a diverse mix of over 500 member companies, all of which are focused on optimizing payments and reducing eCommerce fraud. 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.

Through the partnership, Kaspersky Lab brings over 20 years of expertise in developing cybersecurity solutions to the Merchant Risk Council. As a trusted fraud prevention partner, the company is well-placed to advise other members about how to avoid risk, in an online environment where fraudsters are increasingly hard to catch.

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.

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.”

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.”

More information about Kaspersky Lab’s fraud prevention portfolio is available on the Kaspersky Lab website.

Background Information

Kaspersky Lab

Kaspersky Lab is the largest antivirus company in Europe. It delivers some of the world's most immediate protection against IT security threats, including viruses, spyware, crimeware, hackers, phishing, and spam. The company is ranked among the world's top four vendors of security solutions for endpoint users.

Contact Information

Kaspersky Lab
Arenco Building , Office 808
Dubai Internet City
PO Box 502849
Dubai, United Arab Emirates
Fax number
+971 (0) 4 432 7842
Company email

PR Contact

Contact Name
yahya Munir
Contact email

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