RSA spins off fraud and risk intelligence unit as Outseer
RSA Security has spun out its fraud and risk intelligence business into a standalone company called Outseer that will double down on payment security tools amid an "unprecedented" rise in fraudulent transactions. Led by CEO Reed Taussig, who was appointed head of RSA's Anti-Fraud Business Unit last year after previously serving as CEO of ThreatMetrix, the new company will focus solely on fraud detection and management and payments authentication services. Outseer will continue to operate under the RSA umbrella and will inherit three core services, which are already used by mor...