SCOTTS VALLEY, Calif., Aug. 19, 2014 /PRNewswire/ -- The 2014 Identity Fraud Study released by Javelin Strategy & Research reported an increase of more than 500,000 fraud victims to 13.1 million people in 2013, the second highest number since the study began over a decade ago. Managing online fraud continues to be a significant and growing cost for businesses of all sizes. Nadel Phelan, Inc. today announced it is joining forces with NuData Security to raise awareness of the company's unique approach to predicting and preventing online fraud.
Innovation in fraud prevention is imperative because nefarious actors are increasingly circumventing old techniques. A new approach is needed to keep pace with rapid advances and expansions in cybercrime:
- NuData Security's software predicts and prevents fraud and malicious behavior for the financial services, e-commerce, social media and digital goods industries.
- NuData Security uses behavioral analysis to prevent fraud online, protecting businesses from brand damage and financial loss caused by fraudulent or malicious acts.
Jules Campeau, CMO, NuData Security said: "We selected Nadel Phelan because of its strategic insights into our target industries, including financial institutions, e-commerce and digital goods businesses. We look forward to a successful partnership in raising awareness of our company and our innovative approach to fraud detection."
Paula Phelan, CEO, Nadel Phelan, said: "NuData Security's predictive software uses behavioral analysis to identify and stop bad actors before they impact businesses. This is a proven solution that we are proud to represent."
About Nadel Phelan, Inc.
Nadel Phelan, Inc. specializes in comprehensive public relations for a roster of clients ranging from venerable industry giants to innovative startups. This year, the company celebrates 20 years of commitment to strategic communications in the high-tech industry. By combining high-level industry knowledge with in-depth technology experience, Nadel Phelan provides its clients with the strategic and tactical services necessary to establish and maintain global marketplace awareness essential in obtaining and preserving a competitive edge. Nadel Phelan is headquartered in Silicon Valley, California with offices in New York, Hong Kong and London. For more information please visit http://www.nadelphelan.com or call 831-439-5570.
Nadel Phelan, Inc.
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