DataDome Listed as a Representative Vendor in 2021 Gartner Market Guide for Online Fraud Detection Report

For the second year in a row, DataDome is listed as a Representative Vendor in OFD in Gartner’s Market Guide for Online Fraud Detection report.*

According to the report, “Security and risk management leaders must take advantage of market shifts to increase ROI and reduce both complexity and operational costs in their fraud detection strategies.” [1]

We couldn’t agree more.

DataDome has observed a 47% increase of bot fraud attacks against digital businesses over the past 6 months. This alarming rise in attacks, fueled by an increased reliance on online goods and services during the COVID-19 pandemic, necessitates a solution that can detect, classify and block all automated threats in real time — for protection most immediately, but also for reductions in detection complexity and costs.

For example, DataDome’s AI-powered solution identifies a malicious bot every millisecond. And when we detect a bad bot on a customer’s site, the site is automatically protected in less than 50 milliseconds. This minimizes the need for manual interference and prevents downtime, which negatively impacts the user experience, and by extension, conversion rates and revenues.

Indeed, AI and machine learning are the future of online fraud detection.

We believe that our fresh approach to bot protection and mitigation landed us a spot as a Representative Vendor in this Gartner’s Market Guide for Online Fraud Detection report — a list we are honored to be a part of.

To read the full report, click here [Gartner subscription required].

[1] Gartner, “Market Guide for Online Fraud Detection”, Akif Khan, Jonathan Care, 12 July 2021

*Datadome was listed as Representative Vendor in 2020 Gartner Market Guide for Online Fraud Detection.

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