#mitigation software

The innovative firm Kasada, which specializes in thwarting automated threats powered by humans, has announced KasadaIQ, a package of attack prediction services that go beyond traditional bot management. The first product in this package, KasadaIQ for Fraud, provides actionable indications based on large amounts of data from the Internet. Businesses looking for information on how bots target their digital channels and client data will find this service especially helpful. With its unmatched visibility into adversary communities and non-traditional data sources, KasadaIQ for Fraud distinguishes itself by offering a cutting-edge capacity to identify and validate risks prior to their manifestation.

Businesses face a serious and expensive threat from bot fraud, which may cost them money, effort, and reputational damage in addition to endangering their customers. The environment of eCommerce fraud is expanding globally, with predictions that it will top $48 billion this year. A startling 96% of IT professionals reported that they have lost money as a result of bot assaults in the previous year, according to Kasada's 2023 State of Bot Mitigation Report.

The founder and CEO of Kasada, Sam Crowther, highlighted the increasing sophistication of bots, pointing out that almost eighty percent of business executives find it harder and harder for their security solutions to identify bots. In spite of this, a lot of businesses continue to use antiquated technologies that develop slowly. According to Crowther, businesses can proactively defend against attackers with KasadaIQ for Fraud in conjunction with their current bot detection systems, giving them a competitive edge and avoiding bad press.