Ping Identity has written a cheque for SecuredTouch as part of a cunning plan to accelerate its identity fraud capabilities.
Founded in 2015, SecuredTouch specialises in bot attack prevention, identity risk and fraud intelligence. Ping thinks that with its bot detection and account takeover protection, SecuredTouch can be used to deliver a more secure and seamless experience for customers.
Ping Identity CEO Andre Durand said: “As companies undergo massive digital transformation initiatives, the need for seamless, frictionless, and secure identity solutions to confidently understand both those situations is imperative. The acquisition of SecuredTouch accelerates our vision for cloud-delivered intelligent identity solutions that combat malicious behaviour such as bots, emulators, and account takeover.”
Ping Identity’s PingOne Cloud Platform provides customers, workforce and partners with access to the cloud, mobile, SaaS and on-premises applications across hybrid environments.
SecuredTouch will now be integrated with the platform, adding access to advanced signals, data and intelligence to gain a greater understanding of malicious behaviour and ramp up authentication when necessary.
Customers can deploy SecuredTouch as a standalone solution or as part of its wider platform, the company said.
SecuredTouch CEOAlasdair Rambaud said: “Ping Identity’s enterprise-proven and robust platform provides the perfect foundation for SecuredTouch’s advanced fraud detection capabilities.”
