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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

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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.

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