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May 8, 2006
Catch 41st Parameter If You Can
Anti-financial fraud outfit 41st Parameter has landed KP financing in its just-closed Series B financing. While the company's technology for online fraud detection looks spookily interesting -- it works by "continuously collecting new and unique parameters from end-user computers during online account access" -- what really caught my eye was one of the company's advisors: Frank "Catch Me If You Can" Abagnale. Yes, that Frank Abagnale, the reformed imposter and fraudster played by Leo Dicaprio in the Spielberg film of a few years ago.
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