Stolen images and fraudulent websites mimic top fashion brands to scam consumers

Thousands of stolen images and fraudulent websites mimicking top fashion brands scammed consumers out of more than $1.4 billion in a single year. As we head into the last shopping weekend before Christmas and Hanukkah, here's what you need to know to protect yourself. It may look like a legitimate Ray-Ban website, but the luxury sunglasses company says 'think again.'

Read the original article on ABC News

RedMarlin covered on Fox News

The video talks about top online scams shoppers need to be aware of during the 2019 Holiday season.

RedMarlin covered on CBS News

The video talks about top online scams shoppers need to be aware of during the 2019 Holiday season.

RedMarlin on aggressive staff build out after USD 10m Series A

RedMarlin, the Los Altos, California-based corporate fraud prevention platform using AI, is planning an aggressive staff buildout in the wake of its recent USD 10m Series A, cofounders Abhishek Dubey and Shashi Prakash said. The company is currently hiring heads of sales, marketing, business development and customer success. Those four section heads would then go on to build small teams, the cofounders said. Over the next twelve months the company plans to bring in around 18 new staff members, and that number could hit as many as 25, Dubey says.

Read the original article on Eye On A.I.

RedMarlin raises $10 million to fight counterfeiting with AI

Counterfeiting isn’t a new problem, but it’s a growing one. The global market for fake goods is estimated to exceed $1.2 trillion. Counterfeits take roughly $300 billion worth of revenue away from brands that have to compete with them. In worse news still, roughly two out of every five products purchased online was counterfeit, according to the U.S. Government of Accountability Office.

Read the original article on Venture Beat.

RedMarlin, Deep Learning-Powered Fraud Prevention Company, Raises $10M In Series A Funding

LOS ALTOS, Calif., Nov. 5, 2019 /PRNewswire/ -- RedMarlin, a deep learning-powered fraud prevention company protecting the world's leading brands from counterfeit activity, has secured $10M in Series A funding led by Thomvest Ventures and Crosslink Capital. The funding will be used to grow engineering and sales teams while also furthering the development of a go-to-market strategy that reaches new customers and industries critically in need of fraud protection.

Click here to read the complete press release.

12 of the hottest startups at the RSA Conference 2019

The RSA Conference 2019 is set to kick-off on March 4 in San Francisco, and this year’s theme, Better, is an invitation to the industry to work harder to ensure a higher level of security for consumers and organizations worldwide. This is exactly what RSAC’s most innovative startups are aiming for. Tackling everything from phishing to container security and cloud management, this year’s lineup is filled with fresh approaches to familiar problems and applications of new technologies aimed to address today’s biggest security challenges.

Read the original article on CSO Online.