Deduce’s Customer Alerts product is leveling the fraud prevention playing field
Deduce, the leading provider of cybersecurity solutions powered by real-time identity network data, today announces that Deduce is the Global InfoSec Awards’ Publisher’s Choice in Fraud Prevention. The awards are announced by Cyber Defence Magazine during the RSA Conference to honor startups and public companies that demonstrate a unique and compelling value proposition in the information security (InfoSec) space.
Deduce Customer Alerts works within global data privacy rules, including GDPR and CCPA, to maintain more than 450 million US profiles that provide a baseline for determining whether a user is who they claim to be at the point of online interaction. Powerful algorithms crunch the data to spot potentially fraudulent activity — like logging in from unusual locations, devices, or exhibiting unusual behavior — and send alerts asking the customers themselves if the login is valid.
“The alarming truth is that most companies lack the data resources to power proven and familiar best practices — email alerts — used by the internet giants, which puts consumers at risk,” explains Ari Jacoby, Deduce CEO and co-founder. “The Deduce Identity Network and our Customer Alerts provide powerful fraud prevention tools that spot potential fraudsters and level the playing field for companies of any size to protect their customers from criminal acts.”
“We scoured the globe looking for cybersecurity innovators that could make a huge difference and potentially help turn the tide against the exponential growth in cybercrime. Deduce is absolutely worthy of this coveted award and consideration for deployment in your environment,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.
Originally published at https://www.webwire.com.