Connect with us

NEWS

OneSpan Joins the National Cyber Security Alliance on Data Privacy Day

OneSpan Joins the National Cyber Security Alliance on Data Privacy Day

OneSpan developing new tools to safeguard privacy, data and trust online 

OneSpan (NASDAQ: OSPN), a global leader in software for trusted identities, e-signatures and secure transactions, today announced it has joined the National Cyber Security Alliance as a Champion of Data Privacy Day, an annual, international effort to raise awareness about the importance of respecting privacy, safeguarding data and enabling trust. As a Champion, OneSpan takes responsibility for being a conscientious steward of personal information while also developing new tools to fight data theft.

Scott Clements

Scott Clements

Two new cloud-based solutions from OneSpan, Intelligent Adaptive Authentication and Risk Analytics, act to safeguard and help stop the abuse of previously stolen data. With data as today’s currency, stopping its fraudulent use devalues it and removes the incentive for its use by fraudsters for application fraud and identity theft.

According to the Verizon 2018 Data Breach Investigations Report, the leading cause of data breaches are attacks against identity. As the rate and severity of data breaches increases, OneSpan is taking an active role in helping financial institutions protect their customers against fraud using ID verification, mobile security, intelligent adaptive authentication and risk analytics to accurately detect known and emerging fraud and assign trust to users, devices and transactions across digital channels.

“Passwords and personal identifiable information are almost guaranteed to be exposed in ever increasingly sophisticated and frequent data breaches,” said OneSpan CEO, Scott Clements. “It’s more important than ever to secure and protect the entire digital customer journey, and the data captured within, by taking a layered approach to security. This helps capture and analyse multiple complementary authentication factors and correlational data to establish trusted identities, devices and transactions. This is how we help our global banking customers – by making it harder for cybercriminals to capture data and commit fraud.”

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Recent Posts