DeviceSHIELD combats rising cyber fraud amid COVID-19 pandemic

SHIELD’s cyber security solution offers free, real-time risk intelligence to online businesses

Cyber criminal in a hoodie holding a laptop

SHIELD, a global cyber security provider and compliance solution, has launched a new cyber fraud solution to help small businesses safeguard their online business amid the COVID-19 pandemic. 

Dubbed DeviceSHIELD, this cyber security solution examines the authenticity of a digital device and offers real-time actionable intelligence so business owners can identify counterfeit mobile devices and avoid fraudulent transactions. 

SHIELD says DeviceSHIELD analyzes thousands of attributes to identify and flag a fake device and pinpoint exactly which malicious tools a device uses to commit the fraud. According to reports, hackers use many stealthy tools to infiltrate safety systems, including emulators, app cloners, virtual private networks (VPNs) and global positioning system (GPS) spoofers.

Another interesting DeviceSHIELD feature is continued risk profiling throughout a user session. Based on risk-level, DeviceSHIELD assigns a numerical value or risk score to each device interaction. Users can leverage DeviceSHIELD can act as a standalone solution or with existing cyber security systems. 

Related Resource

The essential cyber security toolkit for SMBs

Practical tips for cyber security training

a guide to cyber security for SMBs - Datto whitepaperDownload now

"More online transactions means more vulnerabilities to cyber fraud, and the COVID-19 pandemic has made this more relevant than ever," said Justin Lie, CEO of SHIELD. 

"43% of online attacks are now aimed at small businesses, with only 14% actively prepared to defend themselves. We have created a technology to protect online industries we believe are worst affected by COVID-19. However, any businesses with less than 100,000 monthly active users will receive it for free, which equates to roughly 90% of all online businesses."

Featured Resources

Consumer choice and the payment experience

A software provider's guide to getting, growing, and keeping customers

Download now

Prevent fraud and phishing attacks with DMARC

How to use domain-based message authentication, reporting, and conformance for email security

Download now

Business in the new economy landscape

How we coped with 2020 and looking ahead to a brighter 2021

Download now

How to increase cyber resilience within your organisation

Cyber resilience for dummies

Download now

Recommended

Splunk debuts a new suite of cloud security solutions
Security

Splunk debuts a new suite of cloud security solutions

22 Jun 2021
Nvidia Jetson chips make IoT devices vulnerable to attack
vulnerability

Nvidia Jetson chips make IoT devices vulnerable to attack

22 Jun 2021
Cryptocurrency crimes have increased 12-fold since 2016
cryptocurrencies

Cryptocurrency crimes have increased 12-fold since 2016

22 Jun 2021
University Medical Center Mainz taps IBM to secure health care data
cloud security

University Medical Center Mainz taps IBM to secure health care data

21 Jun 2021

Most Popular

How to find RAM speed, size and type
Laptops

How to find RAM speed, size and type

16 Jun 2021
What is HTTP error 400 and how do you fix it?
Network & Internet

What is HTTP error 400 and how do you fix it?

16 Jun 2021
EU plans to launch bloc-wide cyber task force
cyber attacks

EU plans to launch bloc-wide cyber task force

22 Jun 2021