Shape Security Aims To Change Economics Of Cyber Attacks

How do you discourage hackers and fraudsters from attacking websites? By creating a disincentive to those attacks. PYMNTS.com spoke to Shuman Ghosemajumder, vice president of strategy at Shape Security, and learned that Shape’s crime-fighting strategy is simple: change the economics behind cyber attacks to make them less appealing. We learned more about Shape’s strategy, it’s relevancy to the payments industry, and a recent Series B funding round with some impressive backers.