Partnership combines iovation’s device intelligence with Ping’s federated single sign-on to identify device risk and behavior and reduce exposure to account takeover (ATO) at log-in
iovation, the leading provider of device-based consumer authentication and fraud prevention solutions, today announced that it has entered into a partnership with Ping Identity, the Identity Security Company. iovation has been invited to join the company’s Technology Alliance Program alongside a thriving community of security industry stalwarts. The partnership combines the power of iovation’s fraud intelligence network to detect unauthorized access with Ping’s seamless and secure customer identity and access management (CIAM) offering. PingFederate customers are able to leverage iovation’s consortium of 4,000 fraud experts who work together in real-time to both combat fraud at log-in and enhance trust for the customer single sign-on experience.
“The partnership between Ping and iovation extends Ping’s CIAM solutions to protect customers at the most vulnerable point of the user experience,” said Andre Durand, CEO and Founder, Ping Identity. “The combination of iovation’s device intelligence along with PingFederate’s API can provide greater assurance for consumers using unmanaged and third-party devices.”
According to the 2017 Verizon Data Breach Incident Report, the fastest growing cause of cybercrime today is due to compromised credentials. Considering nearly three billion credentials were compromised and made available on the Dark Web in the last 18 months alone, it’s clear that traditional authentication methods, like user names and passwords are no longer a sufficient guarantee to protect enterprise applications against data breaches. While the threat environment grows more ominous by the day, businesses are racing to bolster their security approach and improve their customers’ web experience.
iovation’s ClearKey device-based authentication and FraudForce solutions integrate with PingFederate, a secure federation server that provides single sign-on and API security for provisioning customer identity and access management. ClearKey works in conjunction with PingFederate to provide contextual, adaptive and risk-aware insights. The combined solution enables PingFederate to detect unauthorized access and prevent account takeover attempts by dynamically providing choices for multi-factor authentication while enhancing the consumer authentication experience.
“Enterprises today are struggling with managing the complexity of third-party and unmanaged devices where they lack visibility and control. iovation’s solutions enhance PingFederate single sign-on to take advantage of iovation’s unique fraud and risk insight that provides context-aware intelligence to thwart account take over at log-in,” said Greg Pierson, CEO of iovation. “To this end, we’re excited that this partnership with Ping Identity will help enterprises protect their customers and provide a frictionless yet strong authentication experience for the customer, especially while protecting access to applications via PingFederate.”
ClearKey and FraudForce seamlessly integrate with PingFederate to enhance the customer identity and access management experience.
iovation's solutions portfolio tackles the heightened threat environment from multiple directions, including through device-based risk detection and consumer authentication services. Highly intelligent business rules, combined with proprietary machine learning algorithms, flag anomalies around hundreds of attributes and obscure risk factors, offering the highest degree of confidence when it comes to stopping fraud and improving customer experience in the finance, insurance, ecommerce, social media, travel, ticketing, telecommunications, gaming, and gambling industries.
For more information about iovation’s authentication and fraud prevention solutions, visit www.iovation.com.
TransUnion Global Fraud & Identity Solutions unite both consumer and device identities to detect threats across markets while ensuring friction-right user experiences. The solutions, all part of the IDVision with iovation suite, fuse traditional data science with machine learning to provide businesses unique insights about consumer transactions, safeguarding tens of millions of transactions each day.