Deduce Consumer Account Protection Platform Named as Edison Awards Finalist

Deduce, the leading provider of cybersecurity solutions powered by real-time identity network data, today announces the selection of its consumer alerts platform as an Edison Awards finalist in the category of Industrial-Strength Security Solution. The Edison Awards Steering Committee, together with experts from around the world, selected Deduce’s platform from among 7,000 products in recognition of its industry-shaping innovation with the final award of gold, silver, or bronze status expected in April. The Edison Awards is the world’s most revered innovation award dedicated to recognizing and honoring the best products and makers.

“We designed our platform to make the best anti-fraud tools available to any size company so they can protect their customers from unauthorized account access, data leakage, and identity fraud while boosting customer satisfaction and brand value,” explains Ari Jacoby, Deduce CEO and co-founder. “Recognition by the Edison Awards from among a highly-competitive field of products is strong validation of the power of our technology and our approach to leveling the cybersecurity playing field for all companies.”

The world’s largest tech companies - Facebook, Amazon, Apple, Microsoft, and Google - use advanced algorithms together with vast amounts of user data to spot fraudulent behavior and notify account holders via familiar email alerts. Many smaller companies that lack access to colossal data resources are left to make do with less effective tools that leave their account holders vulnerable. 

Deduce is the first company to bring together best practices in identity resolution with advanced cybersecurity technology in a practical and affordable way for companies of nearly every size.

Driven by the Deduce Identity Network, the company’s platform works within global data privacy rules, including GDPR and CCPA, to maintain more than 200 million US profiles that provide a baseline for determining whether a user is who they claim to be at the point of online interaction. Deduce correlates data from diverse sources in real-time, continuously improving the network and providing additional value across its user base.

Today’s news follows the company’s recent exit from stealth and announcement of its successful $7.3M Seed round.

About Deduce
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 the Edison Awards
The awards are named after Thomas Alva Edison (1847-1931) whose inventions, new product development methods, and innovative achievements changed the world and garnered him 1,093 U.S. patents and made him an innovation genius around the world. The Edison Awards is the world’s most revered Innovation Award dedicated to recognizing and honoring the best in innovation and innovators since 1987. For more information about the Edison Awards, the complete program, and a list of winners, visit www.edisonawards.com.

Contact 
Ari Jacoby
info@deduce.com
202.907.8461

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Contact Information

Ari Jacoby

Founder + CEO

Deduce

(1) 202.907.8461

Contact via E-mail