Tag Archive for: breakthrough

NuData Security, a Mastercard company Wins CyberSecurity Breakthrough Award

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Los Angeles, September 30, 2021 – CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market, today announced that NuData Security, a Mastercard and online user verification company, has been selected as the winner of the “User Behavior Analytics Security Solution Provider of the Year” award in the fifth annual CyberSecurity Breakthrough Awards program.

NuData monitors billions of devices, processes nearly two billion events monthly, and mitigates threats with over 99% accuracy. The NuData flagship solution, NuDetect, helps companies trust users based on how they behave, without adding friction. The solution looks at things such as how a user types, moves the mouse, or holds the device, among several other data points. Clients can deploy the technology at any placement end-users interact with, such as opening an account, resetting a password or logging in, checking rewards, reviewing a booking, or sending a money transfer.

DevOps Experience

NuData solutions have specific machine learning models for each of the multiple use cases it addresses. By looking at how a user behaves, the technology can adjust to new and growing threats such as human farming, remotely accessing an end-user’s computer.
This breakthrough approach allows companies to prevent attacks and mitigate threats that bypass bot detection tools.

“Our breakthrough technology empowers clients to verify users based on their behavior. If there is a threat – it doesn’t matter if the credentials are correct, if the device information is the same, or the IP is a trusted one – by evaluating the behavior you can see there’s something off,” said Michelle Hafner, SVP of Product Strategy & Execution at NuData. “This award reaffirms our mission in providing secure environments without compromising user experiences. I consider it a strong testament to our momentum and the hard work we’ve done with our clients and partners.”

The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize innovation, hard work and success in a range of information security categories….

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swIDch wins Cyber Security Breakthrough Award for the second consecutive year

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swIDch wins Cyber Security Breakthrough Award for the second consecutive year

swIDch has been named the winner for the second consecutive year with its BREAKTHROUGH technology and business innovation at CyberSecurity Breakthrough Award, a prestigious international security award. As swIDch won the “Overall Fraud Prevention Solution Provider of the Year” this year after the “Authentication Solution of the Year” in 2020, the number of career-winning trophy wins at major international awards increased to five total.

The Cybersecurity Breakthrough Award is a world-class international award that selects the most innovative and leading companies, technologies and products in cybersecurity. The award winners are selected by evaluating technology and performance in each category, such as fraud prevention, cloud security, threat detection, and mobile security. In this year’s award, winners were selected after fierce competition with 4,000 nominations from more than 20 countries around the world.

swIDch’s revolutionary technology, One Time Authentication Code (OTAC) builds a strong security environment while overcoming limitations of existing authentication methods such as ID & password, OTP, tokens. It generates a one-time dynamic code that simultaneously supports identification and authentication between users and devices even in an off-the-network environment. OTAC can solve security problems caused by static values ​​such as card not present (CNP) fraud, so it is suitable for various industries that require strong user and device authentication such as financial service, drones, connected cars, and the internet of things (IoT).

Chang-Hun Yoo, Founder and CEO, swIDch said, “We are thrilled to win the crown in major fields for the second consecutive year at Cyber ​​Security Breakthrough Award conducted by a leading independent market intelligence organization. As swIDch’s OTAC technology has once again been recognized for its technology innovation and market-leading value, we will do our best to make sure OTAC can be widely applied to more industries.”

swIDch has achieved outstanding results in various awards and acceleration programs such as EUROPA and Cybertech 100. It has once again proved its technological prowess, innovation and…

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Team of Panther engineers creates break-through technology to detect illegal Bitcoin mining on everyday users’ computers | FIU News

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Cryptocurrencies may be the way of the future. At least, that’s what many are betting on.

Entrepreneurs and companies are buying, selling and investing funds in cryptocurrencies like Bitcoin. Some retailers are accepting payments in cryptocurrency already. And, most recently, Miami Mayor Francis Suarez proposed that the city begin using Bitcoin for some of its financial transactions, including for employee salaries.

The popularity of cryptocurrencies is attracting a number of people – including hackers. Hackers are currently finding low-cost ways to “mine” Bitcoin and other cryptocurrency illegally by tapping into everyday people’s computers and using those machines’ resources without their consent. The result? Hackers make millions mining cryptocurrency using other people’s computers. Meanwhile, the victims often find their computers slow down and become impossible to use without realizing what’s going on.

This form of hacking – called “cryptojacking” – is happening across the world at astonishing rates. Miners have not only hacked into regular folks’ computers, but they’ve also hacked into major businesses, retailers and governmental agencies to use their servers and machines.

Faraz Naseem ’18, MS ’20 is working to find a solution. Naseem works at FIU’s Cyber-Physical Systems Security Lab, part of the College of Engineering and Computing. Under the supervision of the lab’s director Selcuk Uluagac, Naseem, postdoctoral researcher Ahmet Aris, researcher and lab member Leonardo Babun ’15, MS ’19, PhD ’20 and current electrical and computer engineering master’s student Ege Tekiner, created a novel software to address the problem.

The team created a first-of-its-kind software that detects cryptojacking happening in real-time with an accuracy rate of nearly 99 percent.

“We are one of the first in the world to identify cryptojacking,” says Uluagac, who is also an eminent scholar-chaired associate professor in the Department of Electrical and Computer Engineering and Knight Foundation School of Computing and Information Sciences. “As Bitcoin technology becomes more prevalent, we will need these types of protections. Miami is already in the…

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Ribbon’s Call Trust™ Wins “User Behavior Analytics Platform of the Year” in the 2020 CyberSecurity Breakthrough Awards

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WESTFORD, Mass., Oct. 28, 2020 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and network solutions to service providers, enterprises, and critical infrastructure sectors, today announced that its comprehensive Call Trust solution has been recognized as User Behavior Analytics Platform of the Year in the 2020 Cybersecurity Awards.

Ribbon Call Trust
Ribbon Call Trust

“While our phones have never had as compelling a presence in our lives as they do today, we no longer trust phone calls due to the proliferation of nuisance and fraud calls. Unfortunately, this also means that we miss valuable calls in an attempt to avoid the bad ones,” said Tony Scarfo, Ribbon’s EVP and General Manager, Cloud and Edge Business Unit. “We developed Call Trust to mitigate this situation and empower service providers with a solution that is intended to restore trust for their end users. We’re thrilled to have won this award and want to congratulate all of the winners.”

Ribbon’s breakthrough Call Trust identity assurance portfolio is a comprehensive solution designed to validate a caller’s identity, intent, and reputation. Call Trust examines each call in real-time to ensure it is neither fraudulent, spoofed or originating from robocallers. The end-to-end solution raises identity assurance to new levels by leveraging existing STIR/SHAKEN and robocall mitigation procedures, coupled with the latest in behavioral modeling and machine learning techniques to produce advanced reputation scoring and call validation treatment for every call.

The CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people. It provides a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more.

All nominations were evaluated by an independent panel of experts within the information security industry, with the winning products and companies selected based…

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