In H1 2022, 93% of attacks were launched by intelligent bots,
hyper focused on fintech, gaming, travel companies
SAN
MATEO, Calif., July 20,
2022 /PRNewswire/ -- Arkose Labs™, the global
leader in fraud deterrence and account security, announced today a
new integration with Ping Identity (NYSE: PING) leveraging PingOne
DaVinci, a no-code identity orchestration service. The
integration provides an advanced layer of protection to prevent bot
and human-led fraud attacks on account registration and login
flows.
The integration creates a secure identity
ecosystem and a frictionless digital experience for users.
Insights from the Arkose Global Network™ show that the number of
active fraudsters has increased by 10x since 2019 and consumer
account-based fraud continues to drive nearly 33% of cybercrime
losses. The efficacy of Arkose Labs' technology is well-regarded,
with the largest companies in the world seeing a 90%+ improvement
in bot detection with a 70%+ improvement in authorized user
throughput.
The integration combines Ping Identity's best-in-class IAM
platform with the Arkose Fraud Deterrence Platform™, creating a
secure identity ecosystem and a frictionless digital experience for
users. Leveraging Arkose Labs and Ping Identity, enterprise
customers can better identify authorized users up front, allowing
them to easily sign up and log in. And equally important, this
partnership reduces enterprise reliance on multi factor
authentication (MFA).
Upon today's news, Arkose Labs Chief Product Officer
Ashish Jain said: "Arkose Labs is
very excited to integrate our leading fraud detection and
protection platform into DaVinci. Together with Ping we are
providing a best in class experience to end users while helping to
protect a company's digital environment from malicious attacks. We
are excited to work together to continue building the best
protected user experiences across e-commerce, finance, gaming, and
consumer technology companies."
Arkose Labs joins a growing list of companies developing
integrations with PingOne DaVinci through the Ping Identity Global
Technology Partner Program. Partner solutions that integrate with
PingOne DaVinci enable organizations to be more competitive in this
new digital era where the seamless user experience is not
sacrificed for evolving demands on security.
"Ping Identity is committed to expanding our technology partner
ecosystem to deliver better, more frictionless customer
experiences," said Loren Russon, the
SVP of product management at Ping Identity. "Our partnership with
Arkose Labs leverages PingOne DaVinci's seamless orchestration to
ensure dynamic user journeys are delivered quickly and efficiently
at every stage of the user journey."
For more information on Arkose Labs partnership with Ping
Identity visit Arkose Labs Ping DaVinci Connector.
About Arkose Labs
Arkose Labs' mission is to create an
online environment where all consumers are protected from malicious
activity. Recognized by Gartner as a "Cool Vendor in Fraud and
Authentication," the company offers the world's first $1 million credential stuffing warranty. Its
AI-powered platform combines powerful risk assessments with dynamic
attack response that undermines the ROI behind attacks while
improving good user throughput. Headquartered in San Mateo, CA with offices in Brisbane and Sydney,
Australia, San Jose, Costa
Rica, and London, UK, the
company debuted as the 83rd fastest-growing company in North America on the 2021 Deloitte Fast500
ranking.
About Ping Identity
At Ping Identity, we believe in
making digital experiences both secure and seamless for all users,
without compromise. That's digital freedom. We let enterprises
combine our best-in-class identity solutions with third-party
services they already use to remove passwords, prevent fraud,
support Zero Trust, or anything in between. This can be
accomplished through a simple drag-and-drop canvas. That's why more
than half of the Fortune 100 choose Ping Identity to protect
digital interactions from their users while making experiences
frictionless. Learn more at www.pingidentity.com.
Jean Creech Avent
Global Head of Brand and Communications
Arkose Labs
j.creechavent@arkoselabs.com
+1 843-986-8229
Follow Arkose Labs on LinkedIn, Twitter, and Facebook
Ping Identity Media Relations
Megan Johnson
press@pingidentity.com
757.635.2807
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SOURCE Arkose Labs