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Ping Identity Adds New Online Fraud Detection and API Intelligence Tools to PingOne Cloud Platform
Rhea-AI Impact
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Rhea-AI Sentiment
(Neutral)
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Rhea-AI Summary
Ping Identity (NYSE: PING) enhances its PingOne Cloud Platform with a new fraud detection solution, PingOne Fraud, aimed at improving online security and user experience. This platform integrates real-time session analysis, behavioral biometrics, and device identification to combat automated and manual fraud tactics without compromising user privacy. Additionally, the company is enhancing API security through its PingOne API Intelligence service. These innovations position Ping Identity as a leader in enterprise security solutions amidst rising cyber threats.
Positive
Introduction of PingOne Fraud strengthens fraud detection capabilities.
Real-time session analysis enhances security without compromising user experience.
Integration of API Intelligence improves overall cloud security posture.
Negative
None.
PingOne Fraud detects and alerts enterprises to fraud before it happens, without adding friction for customers
DENVER--(BUSINESS WIRE)--
Ping Identity (NYSE: PING), the intelligent identity solution for the enterprise, continues to enhance its PingOne Cloud Platform with new online fraud detection and other intelligent capabilities that strengthen enterprise cloud security while improving the overall user experience. Ping’s comprehensive end-to-end platform services now allow enterprises to take advantage of the industry trend of converging technologies for online fraud detection, identity proofing, and authentication all from a single cloud identity vendor.
PingOne Fraud (formerly SecuredTouch) provides session-based, online fraud detection that detects both automated and manual malicious behavior, without requiring access to PII (Personal Identifiable Information). PingOne Fraud combines real-time behavioral biometrics, navigational analysis, device identification and network signals to detect sophisticated fraud attacks that bypass traditional detection tools and it visually explains to fraud teams where and how they’re being attacked.
PingOne Fraud conducts real-time unique session analysis to clearly distinguish legitimate customers from cybercriminals and protects against things like bots, account takeover and new account fraud. It also improves the customer experience by reducing intrusive fraud measures such as CAPTCHA, working behind the scenes to protect organizations without interrupting customer sessions.
“Cybercriminals are continuing to take advantage of companies with poor cybersecurity practices, and online fraud will only worsen as more activity takes place online,” said Andre Durand, founder and CEO, Ping Identity. “PingOne Fraud safeguards organizations from losing money by intelligently detecting attacks before the checkout process begins. And it’s invisible and frictionless to your loyal customers.”
API Intelligence in the Cloud
Ping Identity is also strengthening its API security offering via intelligent API visibility, anomaly detection and blocking within the PingOne Cloud Platform. PingOne API Intelligence is an AI-powered API security cloud service that provides a unified view of API activity across all gateways, clouds and data centers for centralized monitoring and reporting. The solution learns traffic behaviors to automatically detect and block threats to enhance an enterprise’s cloud security posture.
About Ping Identity
Ping Identity delivers intelligent identity solutions for the enterprise. We enable companies to achieve Zero Trust identity-defined security and more personalized, streamlined user experiences. The PingOne Cloud Platform provides customers, workforce, and partners with access to cloud, mobile, SaaS and on-premises applications across the hybrid enterprise. Over 60% of the Fortune 100 choose us for our identity expertise, open standards, and partnerships with companies including Microsoft and Amazon. We provide flexible identity solutions that accelerate digital business initiatives, delight customers, and secure the enterprise through multi-factor authentication, single sign-on, access management, intelligent API security, directory, and data governance capabilities. For more information, please visit www.pingidentity.com.
What is PingOne Fraud and how does it work for PING?
PingOne Fraud is a new fraud detection solution that utilizes real-time session analysis, behavioral biometrics, and device identification to prevent online fraud without requiring access to personal identifiable information.
How does Ping Identity's PingOne Cloud Platform enhance security?
Ping Identity's PingOne Cloud Platform enhances security by integrating online fraud detection, identity proofing, and authentication, allowing enterprises to manage these capabilities from a single vendor.
What are the key features of PingOne API Intelligence for PING?
PingOne API Intelligence offers AI-powered API security features, including intelligent visibility, anomaly detection, and blocking to secure API traffic across multiple environments.
When was the PingOne Fraud solution announced by PING?
The PingOne Fraud solution was announced in a press release dated October 6, 2021.
How does PingOne Fraud improve user experience for customers of PING?
PingOne Fraud improves user experience by reducing intrusive fraud measures like CAPTCHA, operating behind the scenes to protect customers without interrupting their sessions.
