Panopticon Laboratories builds software that detects account takeover and fraud in online video games using anomaly detection-based technology that has been validated in the online banking industry.
In 2012, Americans spent nearly $3 billion in real money on virtual goods in online video games, and the market is around $15 billion worldwide. Because these games, especially Massively Multiplayer Online Role-Playing Games (MMORPGs or MMOs), have complex virtual economies that interact with the real world, fraud is rampant, with 5,000 new viruses aimed at video game account takeover being developed daily in 2012. This fraud has a bottom line impact on game company revenues and has the potential to destroy the game’s economy, making the game less fun and taking years off the life of the game itself.
Our mission is simple: Protect the Players. Beat the Bad Guys. Save the Worlds.