The newly introduced NetAuthority transaction verification key technology will be able to identify network-connected devices and prevent automated man-in-the-browser (MitB) injected transactions. The TVK transaction verification technology will be offered as an extension to the NetAuthority device authentication engine and service products.
Man-in-the-browser malware has become a significant threat to online banking services, with new research reports estimating automated fraud attempts at more than USD 2 billion resulting in almost USD 100 million in losses from successful attacks. Furthermore, automated MitB malware like Zeus and SpyEye are expanding from online banking attacks to other areas of online fraud.
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