Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

TeleSign and iovation Fight Fraud With Reputation and Authentication Tools

Anti-fraud firms iovation and TeleSign are partnering to offer iovation’s ReputationManager 360 product with TeleSign’s Two-Factor Authentication, Verify and PhoneID services.

Anti-fraud firms iovation and TeleSign are partnering to offer iovation’s ReputationManager 360 product with TeleSign’s Two-Factor Authentication, Verify and PhoneID services.

The deal is meant to pair a phone-based authentication service with a device reputation tool designed to fight online fraud. ReputationManager 360 analyzes online transactions for its clients and flags suspicious users based on their reputations and the attributes of the devices they’re using. If a transaction is considered potentially fraudulent, TeleSign’s Two-Factor Authentication service sends an automated voice call or SMS to the phone number on record with a one-time PIN code to verify the person conducting the transaction matches the user on record. In addition, TeleSign’s PhoneID provides details about a user’s phone number so that customers can quickly assess risk.

The joint offering also enables iovation customers to add two new FFIEC (Federal Financial Institutions Examinations Council) compliance security layers and provide an additional level of defense against Man in the Browser (MitB) attacks, the companies said.

“The partnership with iovation provides multi-layered intelligent authentication and the ability to verify high-risk transactions,” said Forrest Hobbs, TeleSign’s vice president of sales and marketing, in a statement. “By pairing up with iovation’s unique device reputation solutions, online businesses can have greater confidence when determining whether or not a transaction is trustworthy.”

Written By

Marketing professional with a background in journalism and a focus on IT security.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

Expert Insights

Related Content

Cybercrime

The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Cybercrime

A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

Cybercrime

As it evolves, web3 will contain and increase all the security issues of web2 – and perhaps add a few more.

Cybercrime

Luxury retailer Neiman Marcus Group informed some customers last week that their online accounts had been breached by hackers.

Cybercrime

Zendesk is informing customers about a data breach that started with an SMS phishing campaign targeting the company’s employees.

Cybercrime

Patch Tuesday: Microsoft calls attention to a series of zero-day remote code execution attacks hitting its Office productivity suite.

Artificial Intelligence

The release of OpenAI’s ChatGPT in late 2022 has demonstrated the potential of AI for both good and bad.

Cybercrime

Satellite TV giant Dish Network confirmed that a recent outage was the result of a cyberattack and admitted that data was stolen.