Allure Security, provider of technology that prevents account takeover by detecting and disrupting phishing attacks, has won the 2020 CISO Choice Award for Fraud Prevention from Security Current. A first of its kind vendor recognition, the CISO Choice Award for Fraud Prevention reflects Allure’s appeal to leading CISOs across several industries, based on their real-world experiences.
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Allure Security was selected as the winner of the Fraud Prevention category for its innovative, AI-driven approach to finding and neutralizing phishing attacks before they victimize an online business’s customers.
“Account Takeover (ATO) and Identity Fraud have grown into massive problems for organizations, despite significant investments in various anti-fraud solution categories. Cybercriminals have especially found solace in phishing, primarily because there has been almost nothing security teams could do to prevent their customers from being victimized” said Josh Shaul, Allure’s CEO. “We built Allure to give CISOs a huge advantage.
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Our approach stops ATO before it starts. We detect and disrupt phishing and other attacks that impersonate our clients online brands so rapidly, we can stop attackers from getting any usable data.”
Leveraging computer vision, machine learning, and advanced heuristics, Allure’s Software-as-a-Service (SaaS) based AI is able to detect cybercriminals setting up malicious websites (as part of orchestrated phishing attacks) that impersonate our clients digital brands. Early detection empowers organizations to be proactive in disrupting phishing schemes – before they have a chance to succeed; protecting customers’ accounts and keeping the company’s brand reputation intact.
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