BotRx Announces the Launch of the Industry’s Fastest to Deploy,…

BotRx Announces the Launch of the Industry’s Fastest to Deploy,…

We have a multi-faceted battle on our hands of fast-evolving bots that outpace some of the currently installed security technologies, a general lack of bot awareness, and an underserved small and medium-sized business community,” said BotRx Co-Founder and CEO, Ming Xu.

BotRx announces today the launch of its proprietary technologies, BotRx DeTx and BotRx ProTx, to fortify website defenses against the persistent threat of automated bot attacks. According to BotRx intelligence, nearly half of all website traffic is some form of bot or automated scanner, not human. With website growth at an all-time high, increasing 69 percent in 2016-2017 to account for a total of over 1.6 billion websites, cybercriminals have a mass of opportunities to conduct automated attacks including, but not limited to, card cracking, account takeover, and the theft of Personally Identifiable Information (PII).

The advent of digitalization, increase in connected devices, and reliance on online presence for business transactions, combined with ineffective and inaccessible cybersecurity has led to a modern crisis that threatens business operations, finances, and reputation. In conjunction, businesses are unaware that their websites, applications, and IoT devices are under attack because without a detailed view of traffic at the application layer, they cannot distinguish between human, good bot, and bad bot activity. BotRx is uniquely positioned to bring invisible threats to light with its affordable and easy-to-use, enterprise-grade technology that can be deployed for any size business within hours, not months as is typical with other bot detection and mitigation solutions.

The technology behind BotRx is currently protecting over 200 global customers and using intelligence from over 10,000 businesses. The technology runs 160,000 checks per seconds to identify and stop over four billion fraudulent transactions daily. Given that BotRx’s flagship products are easy and fast to implement, affordable, and have zero false positives, it bridges the cyber resource gap that small and medium-sized businesses suffer from, implementing defense measures before bots become a risk to the organization.

Sophisticated Bots are Leveraging AI

While many businesses rely on Web Application Firewalls, this is largely ineffective against today’s bot threats. “We have a multi-faceted battle on our hands of fast-evolving bots that outpace some of the currently installed security technologies, a general lack of bot awareness, and an underserved small and medium-sized business community,” said BotRx Co-Founder and CEO, Ming Xu. According to the Trust Factor Report by Radware, small and medium-sized businesses are often excluded from accessing comprehensive defense solutions even though 65 percent of cyber attacks are aimed at these businesses, forcing a majority to go out of business within six months of an attack. “We created BotRx to solve each of those problems—offering enterprise-grade protection to all businesses and without the wait time common to alternative technologies. Even if companies aren’t ready to implement protection, BotRx DeTx is a free plugin that shows an inside look into traffic, revealing bad bot traffic so there is awareness around the issue,” said Xu.

About BotRx

BotRx protects business websites, mobile applications, and IoT devices from the threat of automated bot attacks within hours of deployment. Using patented technology, automated threat intelligence is gathered from over 10,000 global businesses, dissecting billions of weekly transactions to identify and eliminate bad bots, with zero false positives.

Powered by artificial intelligence, behavioral analysis, and patented dynamic transformation technology, BotRx ensures a clean bill of health for every customer, in a range of industries, including healthcare, insurance, finance, and education. BotRx’s solutions deliver enterprise-grade bot detection and mitigation for all businesses—fortifying defenses against credential stuffing, account takeover, content scraping, and other forms of online fraud.

For more information, visit: http://www.BotRx.com.

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Published at Fri, 09 Aug 2019 00:00:00 +0000