Cyber Week is an annual cybersecurity conference held at Tel Aviv University in Israel, which brings together industry leaders, startups, investors, academics, diplomats, and other government officials. This year’s event will feature such luminaries as: Israeli Prime Minister Benjamin Netanyahu; Thomas Bossert, the White House’s Assistant to the President for Homeland Security and Counterterrorism; Rob Joyce, the White House’s Special Assistant to the President, Cybersecurity Coordinator; and former New York mayor Rudolph Giuliani. Last year’s event hosted over 5,000 attendees from more than 50 countries, and even greater attendance is expected this year.
“We are proud to play such a significant role in these important sessions, including the very first Fraudcom event at Cyber Week,” said Mark Gazit. “Cyber security is the key issue for organizations in 2017, because cyber threats create such incredible financial risk across the board. Banks are at risk for massive financial losses through cyber theft, enterprises face fraud threats from customers, vendors and even rogue employees, and critical infrastructure must be protected against costly attacks from enemy nation-states and political activists.”
ThetaRay will also attend Money 20/20 in Copenhagen next week, showcasing its anomaly detection platform for industrial cyber security and financial institutions from June 26-28.
ThetaRay’s disruptive technology enables financial institutions to uncover the earliest signs of illicit behavior and threats including multichannel fraud, money laundering, and ATM security breaches. The solutions are also deployed for cyber security divisions, industrial manufacturers and critical infrastructure organizations to enable them to become more resilient and seize opportunities. The company’s patented mathematical algorithms can process tens of thousands of parameters simultaneously, helping to automatically identify unknown threats across multiple environments, systems and sources – in real-time. ThetaRay works with some of the world’s largest banks and financial institutions.
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