InnovAItors

Shape Security: Protecting Against Theft And Fraudulent Attacks


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Retailers, banks and airlines can see up to 90% of fraudulent logins attempting to steal some form of value in their systems. How are they protecting themselves against attacks?
Derek Smith, CEO of Shape Security, has created a patent botwall service that protects many of the world’s largest banks, airlines, retailers and government agencies against cyberattacks, blocking more than a billion fraudulent login attempts daily.
Key takeaways:
Shape Security is helping more than 50% of the country’s largest airlines and banks as well as retail businesses like Starbucks by continuously defending against fraudulent login attempts.
Shape prevents over a billion fraudulent login attempts every day.
Hackers continue to become more sophisticated, but Shape is using advanced machine learning techniques to counteract the ever-improving hacking methodologies.
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InnovAItorsBy Zach DeWitt, Wing VC