May 24, 2016 — NuData Security Joins Forces with the National Anti-Organized Retail Crime Association
Partnership Will Work to Eradicate Online Retail Crime.
VANCOUVER, British Columbia, May 24, 2016 /PRNewswire/ — NuData Security today announced its partnership with The National Anti-Organized Retail Crime Association (NAORCA). Through this affiliation, NuData Security and NAORCA will utilize their combined strength to combat the global epidemic of organized retail crime.
NuData Security uses a new approach to traditional fraud detection by focusing on verifying good users and protecting the customer experience.
- Growing threat: Industry experts estimate the cost of organized retail crime in the United States alone to be $30-$40 billion a year – and climbing.
- Fighting against fraud: Founded in 2012, NAORCA has a global membership of more than 3,000 and provides consulting and training services, as well as other resources.
- Verify the good user behind the device: NuData Security harnesses the power of behavioral and biometric analysis to accurately identify the human behind the device. With this information, clients are able to identify and eliminate bad behavior without impact to the customer experience.
NAORCA, founded in 2012, is comprised of a wide swath of stakeholders from the retail, security and law enforcement sectors. Advisors include John Mearls, director, global asset protection, PayPal and Scott Ziter, Director of Asset Protection from the Golub Corporation.