CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market, today announced that Kount, the leading digital fraud prevention company, has been named the winner of the “e-Commerce Security Solution of the Year” award in the 2019 CyberSecurity Breakthrough Awards program.
Kount’ AI-driven digital fraud prevention solution combines its patented technology, supervised and unsupervised machine learning fraud detection, a universal data network, a flexible policy engine, self-service analytics, and a web-based case-management and investigation system. Kount’s latest advancement in AI creates the closest simulation to the decision process of an experienced fraud analyst, in a more accurate, more scalable manner.
“As digital fraud increases in complexity as well as volume, Kount’s next-generation AI platform offers our customers the industry’s most advanced solution to identify and stop fraud in every transaction,’” said Bradley J. Wiskirchen, CEO, Kount. “We continuously explore avenues to put customers first and give them the assurance they need to operate with confidence. We are proud to receive this industry recognition from CyberSecurity Breakthrough as we empower companies to better control business-driven outcomes, including higher revenue, reduced fraud losses, and lower operational costs.”
The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security and many more. This year’s program attracted more than 3,500 nominations from over 15 different countries throughout the world.
“Kount embodies the spirit of our awards program with a true “breakthrough” AI fraud prevention platform, leveraging both supervised and unsupervised machine learning along with additional calculations to deliver a near-human decision,” said James Johnson, managing director, CyberSecurity Breakthrough, “By using Kount, online merchants can make confident, strategic decisions for their companies with protection against the ever-increasing threat landscape, including payments fraud, account takeover, and new account creation fraud. We extend a hearty congratulations to the Kount team on their well-deserved 2019 CyberSecurity Breakthrough Award.”
Kount is a pioneer in using machine learning to address transactional fraud prevention, with supervised and unsupervised solutions dating back to the company’s inception over a decade ago. The company’s award-winning digital fraud prevention solution is used by more than 6,500 brands globally, helping these businesses reach their digital innovation goals.