Security News > 2021 > June > RSA Spins Out Fraud and Risk Intelligence Unit as Standalone Company Outseer
RSA Security this week announced that its fraud and risk intelligence unit has become a new standalone company named Outseer.
The spinout company will be led by CEO Reed Taussig, who previously served as CEO of Apptimize and ThreatMetrix.
Taussig was officially announced as the CEO of RSA's fraud and risk intelligence business in December 2020.
"Outseer provides many global companies with tools to manage omni-channel fraud and manage 3D-Secure card not present fraud."
These products - designed for payments authentication, detecting account compromise fraud, and fraud investigations - are powered by a risk engine and fraud and transaction data from a global data network.
RSA itself was a cybersecurity unit of Dell until 2020, when it became an independent company after being acquired by a consortium for more than $2 billion.