The acquisition will add more than 300 products to L’Oreal’s lineup.
Iovation, whose technology alerts online retailers when criminals try to access e-commerce sites from devices associated with past fraudulent activity, has promoted Scott Waddell to vice president of technology.
Iovation Inc., a company whose technology alerts online retailers when criminals try to access e-commerce sites from devices associated with past fraudulent activity, has promoted Scott Waddell to vice president of technology.
Waddell will be responsible for iovation’s technology organization, including reputation technology data services, product development, architecture, information technology and quality assurance. Iovation uses its own device-reputation technology to score Internet-connected devices for their level of criminal activity, enabling online retailers to decide whether to accept, block or review online transactions generated from particular devices.
“We are lucky to have someone so committed, extremely knowledgeable and already familiar with what we do to help strengthen our core technologies while building new services that leverage our unique knowledge of the reputation of hundreds of millions of computers and other Internet devices,” says Greg Pierson, CEO.
Waddell joined Portland, OR-based iovation in April 2008 as director of research and development. Before iovation, he held a number of positions in engineering, network security and research at Cisco Systems Inc., a provider of Internet networking gear.
Prior to Cisco, Waddell co-founded WheelGroup, a network security company that was later acquired by Cisco. He has also worked as a charter member of the U.S. Air Force Information Warfare Center, where he worked on developing tools and techniques for assessing and responding to security vulnerabilities.