New Recognition Program Highlights Tech Breakthroughs That Promise to Define the Future of Their Industries
Arkose Labs, the fraud prevention and account security company, announced that it has been named an AI and Data Winner for foiling both human fraudsters and bots in Fast Company’s inaugural Next Big Things in Tech list, honoring the technology breakthroughs that promise to shape the future of their industries—from healthcare to agriculture to artificial intelligence and more.
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“We are thankful to Fast Company for recognizing our innovative approach to fighting fraud.”
The final list, which includes global giants, intrepid startups, and research that’s fresh from the labs, recognizes 65 technologies that are making waves. While not all of the products, services, and technological developments are on the market yet, they’re reaching key milestones in having a positive impact for consumers, businesses, and society at large in the next five years. Fast Company also recognized 33 honorable mentions.
Arkose Labs provides long-term fraud prevention and account security by sabotaging fraudsters’ return on investment. As long as there is profit to be made, fraudsters will persistently target user authentication points with increasingly sophisticated tactics to mimic real customers and circumvent front-line defenses. An intelligent combination of risk classification and targeted enforcement challenges ruin the ROI of attacks while allowing real users to authenticate with ease.
“The latest fraud statistics show that it’s a combination of bots and human fraud farms that are perpetrating global attacks on companies at scale. To outpace bad actors, we take a different and better approach, making it so costly and time consuming for fraudsters to successfully execute an attack that they ultimately abandon their efforts. At the same time, we help create and ensure that consumers have a seamless experience when shopping or doing business online,” said Arkose Labs Founder and CEO Kevin Gosschalk. “We are thankful to Fast Company for recognizing our innovative approach to fighting fraud.”
“Fast Company is thrilled to highlight cutting-edge technologies that are solving real-world problems in unexpected ways. From climate change and public health crises to machine learning and security, these technologies will certainly have a profound impact on the future, and we’re honored to bring attention to them today,” says Stephanie Mehta, editor-in-chief of Fast Company.
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