SANTA BARBARA, Calif., December 11, 2013 – Service Objects, the leading provider of real-time contact validation for businesses, today released a white paper entitled “Tor: The good. The bad. The anonymous. Finding the Balance of Anonymity.” The paper provides a user-friendly explanation of the complicated Tor network – giving readers a new understanding of what Tor is, how it works and how it can impact Internet users and online retailers.
"Tor is a sticky topic for consumers and retailers alike. On one hand, consumers want privacy. While on the other, online retailers need to prevent fraudulent transactions," said Geoffrey Grow, CEO of Service Objects. "This white paper does a good job describing how Tor works, and why companies need to be able to identify transactions coming from customers who use Tor."
Topics addressed in this white paper include:
- The Network Defined. The initial purpose of the Tor network was to protect government communication and the military, businesses, journalists and activists still use the network to ensure confidential communication.
- Right to Privacy. Recent concerns about surveillance have prompted Internet users to utilize the network to maintain anonymity.
- Misuses of Tor. The most publicized misuse of the network was a black market website called Silk Road that peddled drugs, guns, fake passports and porn, raking in nearly $1.2 billion in sales.
- Merchant Protection. In 2012, online retailers reported over $3.9 billion in online fraud. Technology exists that can detect when a user is utilizing a Tor network and for many retailers, this provides an extra layer of protection in the fight against fraud.
To download a copy of the white paper, visit the page.
About Service Objects
Founded in 2001, Service Objects is the leading provider of real-time contact validation services. It’s validation and location web services allow businesses to identify potentially fraudulent transactions, append additional contact information and process transactions in a more efficient manner. The Company works with major brands like American Express, LendingTree and Amazon; and it has validated over 1.6 billion contacts. For a full listing of products, visit www.serviceobjects.com.