Cybersecurity News that Matters

Cybersecurity News that Matters

Telesign Recognized as Overall Fraud Prevention Solution Provider of the Year for Second Year in a Row in 8th Annual CyberSecurity Breakthrough Awards

by Business Wire

Oct. 10, 2024
9:13 PM GMT+9

Telesign Verify API Recognized for Fraud Prevention Innovation

LOS ANGELES–(BUSINESS WIRE)–#awardTelesign, the leading provider of customer identity and engagement solutions, today announced that Verify API has been selected as the winner of the “Overall Fraud Prevention Solution Provider of the Year” category. This is the second consecutive year that Telesign has been recognized by the annual CyberSecurity Breakthrough Awards program conducted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies, and products in the global information security market today.


Telesign’s Verify API delivers a cutting-edge solution to tackle today’s pressing security challenges. As cyber fraud continues to escalate, Verify API stands out with its comprehensive, multi-layered approach to user verification and authentication, ensuring robust protection against evolving threats.

This recognition underscores Telesign’s ability to continue innovating and creating new products. Verify API now has the capability to enable verification supporting iOS operating systems, addressing a critical market need and enabling developers to easily integrate secure phone number verification into iOS applications. Verify API also introduces a key design element for enhancing verification status tracking. With the Verify API, customers can generate their own one-time passcodes (OTP), offering greater flexibility and control.

“Being once again selected as the overall fraud prevention provider of the year is an incredible validation for our work and an important acknowledgment of the Telesign team, who work tirelessly to deliver innovations that help make the digital world a more trustworthy place,” said Christophe Van de Weyer, CEO of Telesign. “We are grateful that our flagship Verify API solution is being recognized among the world’s best information security solutions for its ability to help companies seamlessly and cost-efficiently strengthen the security of their digital platforms and in service of a better and more trusted relationship with their end users.”

One of Verify API’s key strengths is its comprehensive integration of seven leading verification channels: SMS, Silent Verification, Push, Email, WhatsApp, Viber, and RCS. This omnichannel capability enhances security and provides unparalleled flexibility for businesses to choose authentication methods that best suit their needs and users’ preferences. By offering multiple channels under a single API, Telesign simplifies the integration process, reducing development effort and time-to-market for businesses looking to bolster their security measures.

“Telesign’s Verify API offers a comprehensive, future-proofed solution that combats fraud and enhances user trust. With cyber fraud on the rise and SMS vulnerabilities becoming increasingly exploited by malicious actors, traditional verification methods are increasingly susceptible to exploitation, putting businesses at risk of financial loss and reputational damage,” said Steve Johansson, managing director, CyberSecurity Breakthrough. “Through its integration of multiple verification channels, proactive security measures against SMS vulnerabilities, and customizable user experiences, Verify API empowers businesses to safeguard their operations effectively while delivering a seamless authentication process.”

The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize 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 thousands of nominations from over 20 different countries worldwide.

About Telesign

Telesign, a part of the Proximus Group, provides Continuous Trust™ to leading global enterprises by connecting, protecting, and defending their digital identities. Telesign verifies over five billion unique phone numbers a month, representing half of the world’s mobile users, and provides insights into the remaining billions. The company’s powerful machine learning and extensive data science deliver identity risk recommendations with a unique combination of speed, accuracy, and global reach. Telesign solutions provide fraud protection, secure communications, and enable the digital economy by helping companies and customers to engage with confidence.

Learn more at www.telesign.com and follow us on X, formerly known as Twitter, at @Telesign.

Contacts

Media Contacts
Lauren Ward, Director, Global Public Relations

Telesign

[email protected]
+1 310-227-9801

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