SpyCloud Named 2022 “Overall Fraud Prevention Solution Provider of the Year” Award Winner

Prestigious International Awards Program Recognizes Outstanding Information Security Products and Companies

Austin, Texas, Oct. 6, 2022 – SpyCloud, the leader in account takeover and fraud prevention,  today announced that it has been selected as winner of the Overall Fraud Prevention Solution Provider of the Year” award in the 6th 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. In 2021, SpyCloud was awarded “Overall Threat Detection Solution of the Year” by CyberSecurity Breakthrough.

SpyCloud specializes in defending against the most complex forms of fraud originating from the use of stolen authentication data and PII circulating in darknet communities, including trusted user/device fraud, synthetic identity fraud, and account takeover (ATO) fraud.

This year, SpyCloud introduced a new solution to tackle next-generation ATO from session hijacking using malware-stolen session cookies. Delivering a feed of stolen cookies to organizations lets them invalidate active sessions and lock out bad actors– preventing criminals from bypassing the need for credentials and MFA to exploit users’ stolen browser sessions for ATO fraud.

SpyCloud’s expertise goes well beyond the collection of darknet data; analysis of this data provides deeper levels of context about user risk that are unavailable to fraud and cyber teams elsewhere. SpyCloud uniquely correlates user exposures from data breaches and malware infections across their many online personas to generate risk scores supported by reason codes that help consumer-facing businesses predict and thwart fraud. These easily digestible insights allow them to intervene before criminals cause the consumer harm and affect the business’ bottom line.

“Thank you to CyberSecurity Breakthrough for recognizing our continuing work towards our mission to disrupt the cybercriminal economy and make the internet a safer place for individuals and businesses,” said Ted Ross, CEO and co-founder of SpyCloud.

“This marks our sixth year working with enterprises to protect their business, employees and consumers from ATO and online fraud. We will continue to shine a light into the criminal underground as we work to find innovative ways to use our proprietary cyber analytics engine to protect enterprises and consumers from ever-evolving cyber threats.”

Ted Ross, CEO and co-founder of SpyCloud

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 4,100 nominations from over 20 different countries throughout the world.

“In an industry constantly evolving to keep up with innovative technology and advancing cyber threats, fraud is an ever-growing problem,” said James Johnson, managing director, CyberSecurity Breakthrough. “SpyCloud empowers organizations across industries to not just respond to, but actually prevent account takeover and online fraud, arming them with the power of billions of recaptured assets to take an active stance in securing their networks. Congratulations to the SpyCloud team on another well-deserved CyberSecurity Breakthrough Award – this time for ‘Overall Fraud Prevention Solution Provider of the Year.’”

SpyCloud is helping Fortune 1000 companies in verticals such as financial services, e-commerce, government, telecommunications, and more identify and prevent fraud with cutting-edge solutions based on uniquely actionable data.

About SpyCloud

SpyCloud transforms recaptured data to protect businesses from cyberattacks. Its products leverage a proprietary engine that collects, curates, enriches and analyzes data from the criminal underground, driving action so enterprises can proactively prevent account takeover and ransomware, and protect their business and consumers from online fraud. Its unique data from breaches, malware-infected devices, and other underground sources also powers many popular dark web monitoring and identity theft protection offerings. SpyCloud customers include half of the ten largest global enterprises, mid-size companies, and government agencies around the world. Headquartered in Austin, TX, SpyCloud is home to over 150 cybersecurity experts who aim to make the internet a safer place.

About Cybersecurity Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people. The CyberSecurity Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more. For more information visit CyberSecurityBreakthrough.com.

SpyCloud Wins CNP’s 2022 Best Anti-Fraud Solution, Startup

SpyCloud’s new approach to fraud prevention, Identity Risk Engine, recognized by industry leaders.

Austin, TX – June 17, 2022 – SpyCloud, the leader in account takeover and fraud prevention, was honored this week by Card Not Present in their annual CNP Awards as the Best Anti-Fraud Solution, Startup.

This category honors new solutions that best identify and prevent fraudulent activity while enabling merchants to accept as many transactions as possible. SpyCloud Identity Risk Engine was launched in January 2022 and is a first-in-class fraud prevention solution that uniquely leverages recaptured data from the criminal underground and advanced analytics to predict users’ risk of account takeover, synthetic identity, and fraud tied to malware. It seamlessly fits into existing control frameworks, providing deep insights based on users’ exposure in breaches and malware infections.

“For the last 6 years we have been collecting, curating, and analyzing data from the criminal underground to help businesses prevent breaches and ransomware from compromised users, but with SpyCloud Identity Risk Engine, we are leveraging our 200+ billion recaptured data assets to give fraud practitioners actionable insight into the risks they face when consumers try to make a transaction or open a new account. 


This product is changing fraud prevention leaders’ understanding of those interacting with their business. It’s enabling accelerated revenue, reduced losses, minimized manual reviews, and stronger KYC while enhancing the customer experience. We’re truly honored to be recognized by the Judges of the CNP Awards for this solution at this stage in our development and we congratulate all of the other winners in their respective categories.”


– Chip Witt, VP of Product Management, SpyCloud

To find out more about SpyCloud Identity Risk Engine and SpyCloud’s approach to fraud prevention, visit SpyCloud.com.

About SpyCloud

SpyCloud transforms recaptured data to protect businesses from cyberattacks. Its products leverage a proprietary engine that collects, curates, enriches and analyzes data from the criminal underground, driving action so enterprises can proactively prevent account takeover and ransomware, and protect their business and consumers from online fraud. Its unique data from breaches, malware-infected devices, and other underground sources also powers many popular dark web monitoring and identity theft protection offerings. SpyCloud customers include half of the ten largest global enterprises, mid-size companies, and government agencies around the world. Headquartered in Austin, TX, SpyCloud is home to over 150 cybersecurity experts who aim to make the internet a safer place.

To learn more and see an overview of your company’s exposed data, visit spycloud.com.

Alen Puzic Wins CTO of the Year in the 2022 Cyber Security Global Excellence Awards®

Alen Puzic, SpyCloud Chief Technology Officer & Co-Founder, Named Gold Winner in the Globee Awards 18th Annual Cyber Security Global Excellence Awards®

Austin, TX – February 25, 2022

SpyCloud announced today that The Globee® Awards, organizers of world’s premier business awards programs and business ranking lists, has named Alen Puzic, a Gold winner in the 18th Annual 2022 Cyber Security Global Excellence Awards®. These prestigious global awards recognize cyber security and information technology vendors with advanced, ground-breaking products, solutions, and services that are helping set the bar higher for others in all areas of security and technologies.

Alen took a plunge into the world of entrepreneurship at age 16 when he designed and sold a block cipher algorithm to a prominent software solutions provider. A year later he launched his first startup, MyriadGalleries, one of the world’s first artist-centric online art marketplaces focused on connecting underserved artists from all over the world with prominent art collectors and galleries.

In 2006, Alen joined IBM where he worked on custom documentation projects, IBM’s Linux Technology Center and IBM’s AIX OS division. In 2010, Alen left IBM to join TippingPoint, where he was a security researcher focused on web exploit toolkits and automated malware classification systems.

In 2012, Alen founded PwnedList, a startup that focused on protecting customers by alerting them of their risk exposure resulting from 3rd party breached credentials. PwnedList was acquired by InfoArmor in 2013, where he served as VP of Development until 2016 when he co-founded SpyCloud, the leader in Account Takeover and Fraud Prevention with Ted Ross & David Endler.

Alen’s curiosity, entrepreneurial spirit and technical acumen have been driving forces for some of the most innovative products SpyCloud offers. He tackles problems with a solution-focused mindset and challenges himself and his teams to continue growing, learning, and developing to stay ahead of criminals trying to profit off of stolen data. 

“We are proud to be recognized as an industry player and are extremely proud of Alen’s achievement in being named a CTO of the Year winner by the Globee Awards. Behind this distinguished success is our product innovation and relentless drive to stay customer-focused. We believe this recognition from Globee Awards further validates Alen’s leadership and commitment to our employees, customers, and partners and their security needs.” 

 

– Ted Ross, SpyCloud CEO & Co-Founder

More than 55 judges from around the world representing a wide spectrum of industry experts participated in the judging process.

About the Globee Awards 

Globee Awards are conferred in ten programs and competition: the American Best in Business Awards, Business and Communications Excellence Awards, CEO World Awards®, Cyber Security Global Excellence Awards®, Disruptor Company Awards, Golden Bridge Awards®, Information Technology World Awards®, International Best in Business Awards, Sales, Marketing, & Service Excellence Awards, and Women World Awards®. Learn more about the Globee Awards at https://globeeawards.com

About SpyCloud

SpyCloud transforms recaptured data to protect businesses from cyberattacks. Its products leverage a proprietary engine that collects, curates, enriches and analyzes data from the criminal underground, driving action so enterprises can proactively prevent account takeover and ransomware, and protect their business and consumers from online fraud. Its unique data from breaches, malware-infected devices, and other underground sources also powers many popular dark web monitoring and identity theft protection offerings. SpyCloud customers include half of the ten largest global enterprises, mid-size companies, and government agencies around the world. Headquartered in Austin, TX, SpyCloud is home to over 150 cybersecurity experts who aim to make the internet a safer place. 

To learn more and see an overview of your company’s exposed data, visit spycloud.com.

Built In Honors SpyCloud in Its Esteemed 2022 Best Places To Work Awards

SpyCloud Earns ‘Best Small Companies to Work For ‘ Honor from Built In Austin – Two Years Running!

Austin, TX — January 5, 2022 — Built In today announced that SpyCloud was honored in its 2022 Best Places To Work Awards. Specifically, SpyCloud earned a place on Best Small Companies to Work For in Austin, TX. The annual awards program includes companies of all sizes, from startups to enterprises, and honors both remote-first employers as well as companies in the eight largest tech markets across the U.S.

“I am extremely excited that we have been honored as a Best Small Workplace in Austin for the second year in a row. Before launching the company, we had a vision to not only make the internet safer with our portfolio of products but also to build a company where everyone could enjoy a high quality of life at work. With over 130 employees and growing, we’re moving quickly from the small company we once were, but we remain dedicated to providing a workplace that is fun, productive, rewarding, and focused on the things that truly matter to our employees. I’m proud and honored to get to work alongside this group of people each day.”

– Ted Ross, SpyCloud CEO & co-founder


Built In determines the winners of Best Places to Work based on an algorithm, using company data about compensation, benefits and companywide programming. To reflect the benefits candidates are searching for more frequently on Built In, the program also weighs criteria like remote and flexible work opportunities, programs for DEI and other people-first cultural offerings.

“It is my honor to extend congratulations to the 2022 Best Places to Work winners. This year saw a record number of entrants — and the past two years fundamentally changed what tech professionals want from work. These honorees have risen to the challenge, evolving to deliver employee experiences that provide the meaning and purpose today’s tech professionals seek.”

-Sheridan Orr, Built In Chief Marketing Officer
 
About SpyCloud

SpyCloud protects consumers, employees, suppliers, and citizens globally from the dangers of compromised identity. Its solutions make breached information actionable to prevent fraud, enabling a proactive, automated response that negates the value of stolen data before it can be used to cause harm. Its data also powers many popular dark web monitoring and identity theft protection offerings. SpyCloud customers include four of the ten largest global enterprises, mid-size companies, and government agencies around the world. Headquartered in Austin, TX, SpyCloud is home to over 100 cybersecurity experts who aim to make the internet a safer place.

To learn more and see an overview of your company’s exposed data, visit spycloud.com.

About Built In

Built In is creating the largest platform for technology professionals globally. Monthly, more than three million of the industry’s most in-demand professionals visit the site from across the world. They rely on our platform to stay ahead of tech trends and news, develop their careers and find opportunities at companies whose values they share. Built In also serves 1,800 innovative companies of all sizes, ranging from startups to the Fortune 100. By putting their stories in front of our uniquely engaged audience, we help them hire otherwise hard-to-reach tech professionals, locally, nationally or remotely. www.builtin.com 

About Built In’s Best Places to Work

Built In’s esteemed Best Places to Work Awards, now in its fourth year, honor companies across numerous categories: 100 Best Places to Work, 50 Best Small Places to Work, 100 Best Midsize Places to Work, 50 Companies with the Best Benefits and 50 Best Paying Companies, 100 Best Large Companies to Work For, and 50 Best Remote-First Places to Work.

SpyCloud Named to Fast Company’s First-Ever List of the Next Big Things in Tech

New Recognition Program Highlights Tech Breakthroughs That Promise to Define the Future of Their Industries

Austin, TX – Nov. 18, 2021 – SpyCloud, the leader in account takeover prevention (ATO), today announced that it has been named to Fast Company’s inaugural Next Big Things in Tech list, honoring the technology breakthroughs that promise to shape the future of their industries. 

Winners include global giants and intrepid startups, recognizing 65 technologies that are making waves. While not all of the products, services, and technological developments are on the market yet, they’re reaching key milestones in having a positive impact for consumers, businesses, and society at large in the next five years. Fast Company also recognized 33 honorable mentions.

SpyCloud was recognized for its big data platform, comprised of unique data breach collection methodologies and scalable curation technology, resulting in the most robust database of compromised credentials and PII – over 142 billion assets. Where threat intelligence companies scan the dark web waiting for stolen data to appear, SpyCloud researchers infiltrate underground cybercriminal communities to obtain breach data straight from criminals within days of the breach occurring. Then the SpyCloud platform takes over, consisting of tooling to force multiply researchers’ efforts with an efficient data ingest, cleansing, parsing, and de-duplication process. It then cracks passwords – millions per week. This is a resource-intensive process that would be impossible at this scale without purpose-built, automated technology.

The result is the world’s largest collection of machine-readable breach data that enables exact matches of user logins against the compromised credentials found in data breaches.

We’re honored to be a part of this year’s inaugural Next Big Things in Tech awards from Fast Company. Since 2016, we have worked tirelessly to protect enterprises and consumers from attacks resulting from credential exposures, from account takeover to ransomware. Barring a major change in human behavior, these types of attacks are going to keep occurring. The criminal underground is ever-evolving and it’s up to us to be one step ahead to combat this activity.
– Ted Ross, SpyCloud CEO & co-founder

Through APIs, businesses use SpyCloud to match user logins against third-party breaches and malware-infected user records, and when a compromise is found, automate the remediation process. This enables fast notification to users that their password must be reset to something unique and complex, re-securing their accounts before criminals can access the information and use it for nefarious purposes.

SpyCloud is proven to thwart identity-based cyberattacks like account takeover, which precipitates ransomware, business email compromise, and online fraud. SpyCloud’s fast access to breach data and infected user records, along with automated responses to remediate exposures, enables enterprises to reduce manual processes while protecting their brand reputation and bottom line.

Fast Company is thrilled to highlight cutting-edge technologies that are solving real-world problems in unexpected ways. From climate change and public health crises to machine learning and security, these technologies will certainly have a profound impact on the future, and we’re honored to bring attention to them today.
– Stephanie Mehta, Fast Company Editor-In-Chief

Click here to see the final list. 

The Winter 2021/2022 issue of Fast Company is available online now and will hit newsstands on December 7.

About SpyCloud

SpyCloud protects consumers, employees, suppliers, and citizens globally from the dangers of compromised identity. Its solutions make breached information actionable to prevent fraud, enabling a proactive, automated response that negates the value of stolen data before it can be used to cause harm. Its data also powers many popular dark web monitoring and identity theft protection offerings. SpyCloud customers include four of the ten largest global enterprises, mid-size companies, and government agencies around the world. Headquartered in Austin, TX, SpyCloud is home to over 100 cybersecurity experts who aim to make the internet a safer place.

To learn more and see an overview of your company’s exposed data, visit spycloud.com.

About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Stephanie Mehta. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication, Inc., and can be found online at fastcompany.com.

SpyCloud Named 2021 “Overall Threat Detection Solution of the Year” Award Winner

Prestigious International Awards Program Recognizes Outstanding Information Security Products and Companies

Austin, TX – Sept. 30, 2021 – SpyCloud, the leader in account takeover (ATO) prevention, today announced that it has been named the winner of the “Overall Threat Detection Solution of the Year” award in the fifth annual CyberSecurity Breakthrough Awards. The awards program is 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.

SpyCloud acts as an early warning system to proactively alert security teams when credentials have been compromised so that they can quickly act to lock down the account. SpyCloud is able to recover breach compromised data months, sometimes years, before it is shared widely within the criminal underground. SpyCloud also houses the most robust threat intelligence database of compromised credentials and PII – over 130 billion assets. In the past year alone, SpyCloud researchers recovered more than 4.6 billion records of personally identifiable information and 1.5 billion stolen account credentials on the dark web.

SpyCloud’s unmatched capability to recover stolen data quickly allows the platform to prevent identity-based cyberattacks like account takeover, which precipitates ransomware, business email compromise, identity theft and credit card fraud.

“Cybercrime has come to the forefront of public consciousness with major supply chain attacks impacting the country’s infrastructure. Despite the urgency of the problem, most companies still struggle to detect and prevent cyberattacks that stem from the use of stolen credentials,” said Ted Ross, CEO and co-founder of SpyCloud.

“We aim to be the most comprehensive account takeover and fraud prevention platform on the market, leveraging the quality of our data and the speed with which we can identify exposures to help companies fight back against cybercriminals.”
– Ted Ross, SpyCloud CEO & co-founder

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 4,000 nominations from over 20 different countries throughout the world.

“Prevention often relies on traditional defense measures like endpoint protection instead of focusing on where a large number of these attacks originate – with end users’ account credentials,” said James Johnson, managing director, CyberSecurity Breakthrough. “SpyCloud’s unique combination of human intelligence, early data recovery and the largest collection of breach data in the industry allows businesses to find more compromises, stay ahead of hard-to-detect attacks, and protect employees, consumers, and their bottom line.

About SpyCloud

SpyCloud protects consumers, employees, suppliers, and citizens globally from the dangers of compromised identity. Its solutions make breached information actionable to prevent fraud, enabling a proactive, automated response that negates the value of stolen data before it can be used to cause harm. Its data also powers many popular dark web monitoring and identity theft protection offerings. SpyCloud customers include four of the ten largest global enterprises, mid-size companies, and government agencies around the world. Headquartered in Austin, TX, SpyCloud is home to over 100 cybersecurity experts who aim to make the internet a safer place.

About Cybersecurity Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people. The CyberSecurity Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more. For more information visit CyberSecurityBreakthrough.com.

SpyCloud Wins Three Global InfoSec Awards from Cyber Defense Magazine

Austin, TX – May 17, 2021 – SpyCloud, the leader in account takeover (ATO) prevention, has been honored with three separate Global InfoSec Awards from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine. The company won in the following categories:

“We’re thrilled to be recognized for these prestigious awards by infosec experts around the globe. SpyCloud is constantly striving to stay one step ahead of cybercriminals and make the internet a safer place, securing enterprise customer and employee data, and preventing online fraud. Our unique anti-fraud platform is powered by the world’s largest breach data collection which allows us to identify breaches first so that enterprises can take proactive steps to protect their information and their customers,” said Ted Ross, CEO and co-founder of SpyCloud.

“SpyCloud embodies three major features we judges look for to become winners: understanding tomorrow’s threats, today, providing a cost-effective solution and innovating in unexpected ways that can help stop the next breach,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.

The Global InfoSec Awards will be handed out virtually at the RSA Conference 2021. To learn more go to http://www.cyberdefenseawards.com.

 

About SpyCloud

SpyCloud is the leader in account takeover (ATO) prevention, protecting billions of consumer and employee accounts either directly or through product integrations. Our award-winning solutions – backed by the world’s most comprehensive and actionable repository of exposed assets – proactively defeat fraud attempts and disrupt the criminals’ ability to profit from stolen information.


About CDM InfoSec Awards

This is Cyber Defense Magazine’s ninth year of honoring global InfoSec innovators. Our submission requirements are for any startup, early stage, later stage or public companies in the INFORMATION SECURITY (INFOSEC) space who believe they have a unique and compelling value proposition for their product or service. Learn more at www.cyberdefenseawards.com.


About the Judging

The judges are CISSP, FMDHS, CEH, certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking “What’s Next?” so we are looking for Next Generation InfoSec Solutions.


About Cyber Defense Magazine

With over 5 Million monthly readers and growing, and thousands of pages of searchable online infosec content, Cyber Defense Magazine is the premier source of IT Security information for B2B and B2G with our sister magazine Cyber Security Magazine for B2C. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry.  We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives.  Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power.

SpyCloud Wins Gold for Threat Intelligence in the 2021 Cybersecurity Excellence Awards

SpyCloud Honored on Built In’s 2021 Best Places to Work in Austin List

SpyCloud is the Austin Inno 50 on Fire Blazer Award Winner for Cybersecurity