Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Management & Strategy

RSA Spins Out Fraud and Risk Intelligence Unit as Standalone Company Outseer

RSA Security this week announced that its fraud and risk intelligence unit has become a new standalone company named Outseer.

RSA Security this week announced that its fraud and risk intelligence unit has become a new standalone company named Outseer.

The spinout company will be led by CEO Reed Taussig, who previously served as CEO of Apptimize and ThreatMetrix. Taussig was officially announced as the CEO of RSA’s fraud and risk intelligence business in December 2020.

Outseer spins out of RSA“We have launched Outseer as an independent brand from RSA in order to better serve our customers and more clearly articulate the benefits of our products and services,” Taussig says on his LinkedIn profile. “Outseer provides many global companies with tools to manage omni-channel fraud and manage 3D-Secure card not present fraud.”

Outseer’s product portfolio includes Outseer Fraud Manager (formerly RSA Adaptive Authentication), Outseer 3-D Secure (formerly RSA Adaptive Authentication for eCommerce) and Outseer FraudAction (formerly RSA FraudAction).

These products — designed for payments authentication, detecting account compromise fraud, and fraud investigations — are powered by a risk engine and fraud and transaction data from a global data network.

RSA itself was a cybersecurity unit of Dell until 2020, when it became an independent company after being acquired by a consortium for more than $2 billion.

Related: McAfee Sheds Enterprise Business in $4 Billion Deal

Related: NortonLifeLock to Sell ID Analytics Business to LexisNexis Risk Solutions

Related: It’s Official: McAfee Breaks Away from Intel With New Logo

Advertisement. Scroll to continue reading.
Written By

Eduard Kovacs (@EduardKovacs) is a managing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Understand how to go beyond effectively communicating new security strategies and recommendations.

Register

Join us for an in depth exploration of the critical nature of software and vendor supply chain security issues with a focus on understanding how attacks against identity infrastructure come with major cascading effects.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybercrime

The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Data Protection

The cryptopocalypse is the point at which quantum computing becomes powerful enough to use Shor’s algorithm to crack PKI encryption.

Cybercrime

As it evolves, web3 will contain and increase all the security issues of web2 – and perhaps add a few more.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.