Brighterion received a Fortress Cyber Security Award for innovative AI that fights cybercrime
The Business Intelligence Group has selected Brighterion as a winner in the 2020 Fortress Cyber Security Awards for Threat Detection (Medium-sized Company). The industry award program sought to identify and reward the world’s leading companies and products that are working to keep data and electronic assets safe among a growing threat from cybercriminals.
“We are honored to be recognized for our advanced AI solutions that detect and prevent financial fraud,” says Sudhir Jha, Mastercard Senior Vice President and Head of Brighterion. “The increasing complexity of fraud requires us to be agile and responsive. We are proud of what we’ve accomplished.
“While some platforms require months to build a working model, we can do it in less than two months, delivering immediate ROI to our customers. Afterward, the self-learning model continuously updates to stay abreast of evolving fraud schemes.”
Brighterion, a Mastercard company, has revolutionized AI for over 20 years. Our solutions stop payment and acquirer fraud, reduce credit risk and delinquency, fight financial crime, prevent healthcare fraud, waste and abuse, and more.
In 2019, Brighterion’s AI was cited by Aite Group as the most scalable platform compared to our competitors.
Protecting identities and data with creative innovation and engineering
“As our reliance on networks continues to evolve, our identities and data have quickly become global currency, so security is more important than ever,” says Maria Jimenez, Chief Nominations Officer, Business Intelligence Group. “We are proud to recognize all of our winners and finalists who are on the frontlines of the effort to prepare, defend and respond to this growing threat.”
According to the Business Intelligence Group, the global community of cybersecurity experts, technology developers and governments is taking proactive steps to thwart attacks and take preventative measures to remain one-step ahead so responses can be quick and efficient.
The goal of the Fortress Cyber Security Award program is to highlight, discuss and reward creative thinking, engineering, people, and projects that are taking on this growing threat for the benefit of the global community.
This award comes hot on the heels of Brighterion’s recent Best Financial Transaction Security Company Award at the 2020 Fintech Breakthrough Awards.