Iovation, the online device reputation authority, has helped stop more than one million online fraudulent and abusive activities in the first half of 2008.
The company, which will process more than one billion device reputation queries this year, reported that in the first quarter alone it helped customers block over 900,000 fraudulent and abusive activities coming from 230 different countries and providences.
"As eCommerce continues to grow at a rapid pace, Iovation is seeing similar growth trends in the amount of online fraud and abuse that is occurring across multiple industries," said Scott Olson, vice president of marketing.
"During the first quarter, we saw consistent geographic devices and accounts targeting specific verticals. Along with these findings, we are very pleased to report the impact Iovation is having in helping customers stop online fraud and abuse."
