Software Alternatives, Accelerators & Startups

Riskified VS Code42

Compare Riskified VS Code42 and see what are their differences

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Riskified logo Riskified

eCommerce fraud prevention solution and chargeback protection guarantee for online merchants. Find out how we can help your company boost revenue from online sales using our machine-learning powered eCommerce fraud protection software.

Code42 logo Code42

Code42 is a SaaS solution for enterprises that secures all user data on one secure platform, leaving you and your business secure in the knowledge that both your employee's and customer's data is protected. Read more about Code42.
  • Riskified Landing page
    Landing page //
    2023-10-20
  • Code42 Landing page
    Landing page //
    2023-09-12

Riskified

Release Date
2012 January
Startup details
Country
United States
State
New York
City
New York
Founder(s)
Assaf Feldman
Employees
500 - 999

Code42

Website
code42.com
Release Date
2001 January
Startup details
Country
United States
State
Minnesota
Founder(s)
Brian Bispala
Employees
500 - 999

Riskified features and specs

  • Chargeback Guarantee
    Riskified offers a chargeback guarantee on approved transactions, meaning if a fraudulent transaction is approved by their system, Riskified will cover the cost of the chargeback, providing a financial safety net for merchants.
  • Increased Approval Rates
    Merchants often see increased approval rates because Riskified's advanced algorithms and machine learning models are tailored to accurately identify genuine customers, allowing more legitimate transactions to be approved.
  • Global Solution
    Riskified supports a wide range of payment methods and currencies, making it suitable for merchants with a global presence and varying customer demographics.
  • Seamless Integration
    The platform offers seamless integration with major e-commerce platforms and payment gateways, reducing the time and effort required for merchants to set up and begin protecting transactions.
  • Advanced Analytics
    Riskified provides merchants with detailed analytics and reporting tools, helping them understand transaction patterns, assess risk, and optimize their operations.

Possible disadvantages of Riskified

  • Cost
    The service can be relatively expensive for smaller businesses, especially those with thin margins, as the pricing model typically involves a fee per transaction or a percentage of the transaction value.
  • Complexity
    For businesses without a dedicated team for fraud prevention, understanding and leveraging all the features and data that Riskified provides can be complex and time-consuming.
  • Dependence on External Provider
    Relying on Riskified for fraud prevention places a critical aspect of the business's operations in the hands of an external provider. Any downtime or service issues with Riskified could directly impact transaction processing.
  • False Positives
    While Riskified aims to minimize false positives, there is always a risk that legitimate transactions may be wrongly declined, which can lead to customer dissatisfaction and potential loss of sales.
  • Customization Limits
    Some merchants may find that the level of customization available in Riskified's fraud prevention algorithms and workflows does not fully meet their unique business needs or preferences.

Code42 features and specs

  • Comprehensive Data Protection
    Code42 offers extensive data backup and recovery solutions, ensuring that user data is protected against loss or accidental deletion.
  • Real-Time Backup
    The platform provides real-time and continuous backups, minimizing data loss by ensuring the latest data is always protected.
  • Cross-Platform Support
    Code42 supports multiple operating systems, including Windows, macOS, and Linux, offering flexibility for diverse IT environments.
  • User-Friendly Interface
    The software features an intuitive and easy-to-navigate interface, making it accessible even for users with limited technical knowledge.
  • Strong Security Measures
    Code42 implements robust encryption both in transit and at rest, ensuring that user data remains secure and confidential.
  • Scalability
    The platform is designed to scale with business growth, from small businesses to large enterprises, providing tailored solutions as needs evolve.
  • Centralized Management
    Administrators can manage and monitor all backups from a central dashboard, simplifying oversight and ensuring compliance with company policies.

Possible disadvantages of Code42

  • Cost
    Code42 can be expensive, especially for small businesses or startups that may have limited IT budgets.
  • Bandwidth Consumption
    Real-time backups can sometimes use significant bandwidth, potentially affecting other network activities if not managed properly.
  • Resource Intensive
    The software can be resource-intensive, potentially slowing down older or less powerful systems during backup operations.
  • Complexity in Large Deployments
    While scalable, large enterprise deployments may require significant time and expertise to set up and manage effectively.
  • Limited Mobile Support
    Currently, Code42 offers limited functionality on mobile devices compared to its desktop application.

Analysis of Riskified

Overall verdict

  • Riskified is generally considered a good solution for businesses looking to enhance their fraud detection and prevention capabilities. It is especially recommended for online retailers who wish to strike a balance between reducing fraud and maintaining a seamless customer experience.

Why this product is good

  • Riskified is a well-regarded eCommerce fraud prevention platform that leverages machine learning and big data to identify fraudulent transactions and boost conversion rates. It offers comprehensive solutions for chargeback protection, payment optimization, and account security. Many businesses appreciate its ease of integration, detailed analytics, and the ability to increase approval rates while minimizing fraud-related losses.

Recommended for

  • E-commerce companies
  • Online marketplaces
  • Retail businesses with significant online presence
  • Merchants dealing with high volumes of transactions
  • Businesses seeking advanced analytics for fraud insights

Riskified videos

Riskified Educational Webinar: Automating The Fraud Review Process (Summer Boot Camp - 2nd Webinar)

More videos:

  • Review - Riskified Educational Webinar: Optimal Manual Review (Summer Boot Camp - 3rd Webinar)
  • Review - Riskified : Nanoleaf case study

Code42 videos

Introducing Code42 Next-Gen Data Loss Protection

More videos:

  • Review - MACOM Protects IP from Insider Threats with Code42 and Splunk
  • Review - You asked. We answered with Code42 CrashPlan 5.0

Category Popularity

0-100% (relative to Riskified and Code42)
eCommerce
100 100%
0% 0
Monitoring Tools
0 0%
100% 100
Fraud Prevention
100 100%
0% 0
Cloud Storage
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Riskified and Code42

Riskified Reviews

We have no reviews of Riskified yet.
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Code42 Reviews

Best Nessus Alternatives (Free and Paid) for 2021
Code42โ€™s Threat and Vulnerability Management software monitors for vulnerabilities on an on-going basis. It also conducts monthly internal as well as external vulnerability scans using industry-recognized top-notch vulnerability scanning tools. Identified vulnerabilities are evaluated, documented, and remediated to avoid any potential risk of the data breach.

Social recommendations and mentions

Based on our record, Code42 seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Riskified mentions (0)

We have not tracked any mentions of Riskified yet. Tracking of Riskified recommendations started around Mar 2021.

Code42 mentions (1)

  • Looking for the best cloud backup for all my files
    It's not a big surprise, given that Code42 (the parent company) pretends they have nothing to do with Crashplan. They've done a massive pivot to some kind of security company, with ZERO references to the OG product of Crashplan on code42.com, which (I'm guessing) is the bulk of their revenue. If you do a site search on google, you'll find some old links, but they just push you over to crashplan.com. Source: about 4 years ago

What are some alternatives?

When comparing Riskified and Code42, you can also consider the following products

Signifyd - Signifyd is a SaaS-based, enterprise-grade fraud technology solution for e-commerce stores.

Symantec Data Loss Prevention - Fully protect your data with the comprehensive detection technologies and unified policies of Symantec's industry leading Data Loss Prevention (DLP).

Kount - eCommerce fraud detection & prevention

Microsoft BitLocker - BitLocker is a full disk encryption feature included with Windows Vista and later.

Sift - Digital Trust & Safety enables your business to grow, innovate, introduce new products, features, and business models โ€“ without increased risk.

Paubox - Paubox provides HIPAA compliant email encryption without the hassle of extra steps.