Deduce, the leading provider of cybersecurity solutions powered by real-time identity network data, today announces that its widely-honored Customer Alerts product won the 2021 Fortress Cyber Security Awards in the Authentication and Identity category. The industry awards recognize the world's leading companies and products that are working to keep data and electronic assets safe among a growing threat from hackers.
“The largest Internet companies in the world have vast resources and data to draw on to protect their users from identity fraud like account takeover,” explains Ari Jacoby, Deduce CEO and co-founder. “Deduce's multiple award-winning Customer Alerts levels the playing field by tapping an innovative network of real-time, privacy-compliant identity data that spots potential fraudsters so companies of any size can protect their customers from criminal acts.”
Deduce Customer Alerts works within global data privacy rules, including GDPR and CCPA, to maintain more than 300 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.
“We are so proud to name Deduce as a winner in the 2021 Fortress Cyber Security Awards program,” said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group. “As our society continues to evolve and become more reliant on networks and data, companies like Deduce are critical at providing the protection and trust consumers demand.”
The Fortress Cyber Security Awards win comes on the heels of a recent honorable mention from Fast Company's 2021 World Changing Ideas Awards and a finalist slot in the RSA Innovation Sandbox competition.
Deduce protects businesses and their customers from unauthorized account access, data leakage, and identity fraud. We eliminate fraud in real-time using risk algorithms and behavioral analytics across the most comprehensive network of consumer identity data. This empowers any organization to harness the value of collective identity-based threat intelligence and cybersecurity. The company is based in New York and was founded in 2019. For more information, visit Deduce.com.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and rewards those companies whose achievements stand above those of their peers. For more information, visit www.bintelligence.com
On behalf of Deduce
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