Arkose Labs is an authentication and enforcement-as-a-service (EaaS) platform that helps enterprises protect their online assets and digital infrastructure. Using its proprietary risk engine powered by cutting-edge machine learning technologies, the platform can identify and stop malicious activity in real-time, providing high-level security.
They recently secured a $6M Series A funding, further cementing their commitment to providing secure online experiences.
In this article, we will look at how it works and how it transforms how businesses protect themselves from fraud and abuse.
What is Arkose Labs?
Arkose Labs is a leading provider of advanced fraud and abuse prevention technology. Our innovative solutions use unique, cutting-edge technology to identify and protect against rapidly evolving threats in real-time. We work with companies in various industries looking to secure their critical digital assets, including banks, payment processing providers, gaming firms, ecommerce retailers and other enterprises dealing with high value transactions.
At Arkose Labs, we understand that businesses face increasing fraud and attack from malicious actors looking to disrupt daily operations and steal sensitive information or financial resources. Our goal is to help organisations reduce their time managing security risks while providing a highly efficient way of preventing malicious activity.
We provide our customers with powerful tools to detect risk factors quickly and accurately, helping them make informed decisions about how best to protect their digital assets. Using our state-of-the-art technology, companies can easily detect suspicious activity as it occurs – enabling them to take fast corrective action before attacks can damage their reputation or bottom line.
What is their mission?
Arkose Labs is a leading provider of online fraud and abuse prevention solutions. Our mission is to create an online world where trusted transactions occur without worry or intrusion. We develop innovative technology that puts trust first, allowing businesses to safely interact with their customers and make the most out of their digital platforms.
Our solutions are based on cutting-edge technology that helps identify and stop malicious activity in real-time — such as account takeover, automated bot attacks, brute force attacks, credential stuffing, payment fraud, money laundering and more. In addition, we protect companies from cybercrime without sacrificing customer experience — leveraging a powerful combination of risk analysis, adaptive security challenges and machine learning to keep malicious actors at bay.
We help our customers understand how to protect themselves from these threats by providing the latest research findings, insightful analytics and strategic suggestions for achieving their desired trust assurance levels with the least cost and effort. By providing this unique combination of insights into online security threats and avoiding false positives we can ensure legitimate customer journeys remain frictionless while malicious actors are stopped.
With our comprehensive approach to fraud prevention, we help businesses remain secure on all fronts — keeping customer information safe while delivering high-quality digital experiences that build relationships and increase profitability. Whether you’re a bank or an ecommerce business, our solutions can help you protect your digital infrastructure from increasingly sophisticated cyberattacks while ensuring legitimate customer journeys remain smooth and seamless!
Technology
Arkose Labs has developed advanced technology to detect and stop malicious online activity. They use sophisticated data science and machine learning to give customers the maximum protection against online fraud and abuse.
This technology has helped them secure $6 million in Series A Funding, enabling them to continue to innovate and provide premier security to their customers.
What cutting-edge technology does Arkose Labs use?
Arkose Labs utilises a comprehensive suite of sophisticated automated technologies to identify and stop malicious activity in real-time. This proactive approach to cyber-security is designed to monitor activity and target known risks, backed by a suite of fraud prevention measures. Our solution leverages cutting-edge technologies, such as:
* Machine Learning: Arkose Labs’ advanced Artificial Intelligence (AI) can learn user behaviour patterns over time to accurately detect suspicious activity in real-time. Our automated systems can categorise users into groups with different risk scores, enabling efficient attack mitigation with minimal false positives.
* Browser Fingerprinting: Arkose Labs’ proprietary Browser Fingerprinting technology actively monitors the user on the client side and gathers technical data from the web browser such as browser configuration information, software versions, system fonts and plugins installed. This helps establish an identity for each user that is unique to both the device and their browsing experience.
* Event Stream Processing: Arkose Labs uses continuous event stream processing which collects, processes and manages data streams from multiple application sources/sessions, creating an automated defence system that stops real-time attacks from established malicious profiles.
* Risk Assessment & Challenge Verification: Leveraging advanced analytics capabilities such as pattern matching algorithms and Bayesian models, Arkose Labs can analyse session data sources to accurately verify suspicious transactions or activities in real time throughout all the organisation’s services or products – without disrupting a legitimate customer’s experience. This ensures online services are protected without disruption or delays caused by manual reviews of high profile accounts which occur with other security solutions on the market today.
How does this technology help to identify and stop malicious activity in real-time?
Arkose Labs’ solutions are designed to detect and protect against malicious activity by utilising technological advances in Machine-Learning and Automated Risk Analysis. Our technology is based on identifying patterns of behaviour that indicate potential malicious activities. The automation of this process looks for anomalies and outliers in user activity over time to determine if a particular account or request should be blocked.
Arkose Labs has created an adaptive risk engine using an automated learning model based on inputs from human experience and machine technology. This combination of human-guided decision making and machine learning helps identify malicious behaviour quickly while also accurately filtering out normal threats. Our solutions use algorithms that identify various threats, such as fake accounts, distributed denial of service attacks, malicious scripts, bots, and automated software. Every time a threat is detected it is sent to our adaptive risk engine which analyses the data at hand. Suppose enough suspicious traits are found in the data set being analysed. In that case, the system will log an alert to take countermeasures immediately before attackers can cause any damage.
Our solutions also give companies valuable insights into user behaviour by aggregating analytics for further evaluation by their security teams and IT departments. This allows companies to identify areas where their users are vulnerable or have incorrect settings and make necessary changes quickly before a breach occurs. With Arkose Labs’ solutions in place, companies can enjoy real-time protection from malicious activity with minimal effort from their security teams keeping them one step ahead of cyber attacks!
Arkose Labs Empowers Enterprises to Stop Online Fraud and Abuse; Secures $6M in Series A Funding
Arkose Labs recently secured $6 million in Series A funding to help them expand their ability to identify and stop malicious activity in real-time. This funding round brings the total investment in Arkose Labs to $7.6 million.
By leveraging cutting-edge technology, Arkose Labs can identify and stop malicious activity in real-time, which is essential for enterprises looking to protect their customers and their businesses from potential risks.
Let’s look at the implications of this investment and what it could mean for the future of Arkose Labs.
How much funding did Arkose Labs receive?
In early 2018, Arkose Labs announced that it had closed a Series A funding round that raised $7 million for the company, allowing it to grow its team and R&D efforts. The Series A investors included Positive Investments from New Zealand, Novatti from Australia and SBI Investment from Japan.
The investment is designed to help Arkose Labs accelerate the development of its real-time fraud prevention technology and expand the team to continue building a comprehensive platform that integrates artificial intelligence and machine learning with advanced analytics. This technology helps identify, challenge and stop malicious activity in real-time across mobile, web and enterprise applications that require authentication. It will also facilitate several virtual integrations with leading anti-fraud technologies providers so that companies can benefit from the combined strength of multiple vendors in one consolidated solution.
What impact will this funding have on their business?
This funding will tremendously impact the future of Arkose Labs and their business operations. The capital from this Series A round will enable them to expand their infrastructure and hiring capacity and increase investment in research and development for new products. This will help the company better meet customer needs and ultimately drive growth.
The funds will offer a deeper level of support for the team, allowing for greater agility in developing and delivering innovative solutions to customers quickly. Further, it will help accelerate growth efforts that reduce operational costs by streamlining processes and enhancing product quality. Finally, it enables more resources to increase efficacy at spotting malicious activity early on to provide customers with even stronger fraud prevention services.
Benefits for Enterprises
Enterprises can now benefit from Arkose Labs’ advanced fraud and abuse solutions with cutting-edge technology. Their solutions enable enterprises to detect and stop malicious activity in real-time, thus providing a secure environment for customers and employees.
In addition to providing a secure environment, using their technology saves enterprises time and money.
Let’s examine how enterprises can benefit from Arkose Labs’ solutions.
What benefits does Arkose Labs offer to enterprises?
Arkose Labs’ solutions offer enterprises a wide range of benefits to protect their users and reputations from fraud and abuse. Our advanced technology helps enterprise organisations quickly identify malicious actors, disrupt fraudsters’ activities, regain control of their systems, and protect their business.
Arkose Labs provides advanced algorithmic techniques and machine learning-based prevention solutions to help organisations easily detect and prevent automated attacks such as spam accounts, credential stuffing, account takeover attempts, coupon abuse, bot activity, etc. By using artificial intelligence (AI), our solutions can flag suspicious activity in real-time so that the appropriate measures can be taken immediately to ensure the safety of both users and businesses online.
We also provide data analytics tools to help companies connect user behaviour to business context, allowing them to better understand their customers’ experiences on their platform and recognize legitimate user activities vs fraudulent ones. Our powerful analytics technologies allow enterprises to quickly identify fraudulent or malicious activities so that they can take action before potentially damaging conditions arise.
Ultimately, Arkose Labs provides businesses with the peace of mind they require by providing comprehensive solutions that ensure maximum system security. By creating a secure online environment powered by our cutting-edge technologies, businesses can trust that their venture will be successfully protected from malicious activity threats associated with fraudsters or bots.
How does Arkose Labs help enterprises to protect their online businesses?
Arkose Labs provides a patented technology that acts as an automated defence layer to protect online businesses such as ecommerce stores, websites, and apps. By predicting malicious intent and responding in real-time, proactive protection blocks fraud before it can be successful.
The technology uses advanced machine learning and patented operating systems algorithms to detect malicious real-time activity. It also includes a wide range of security modules such as behavioural analytics, challenge-response protocols, distributed denial of service (DDoS) attack detection and prevention systems, geolocation screening tools, bot detection and mitigation solutions, custom fraud ruleset building capabilities and more.
Combining these technologies helps instantly protect enterprises from fraudulent activities that could otherwise cause major disruption to online services or loss of intellectual property and customer data. In addition to providing proactive protection against malicious activity in real-time, the technology can detect retrospective threats within the enterprise’s networks or externally. This robust end-to-end system offers enterprise customers an all-inclusive security suite that is comprehensive, yet customizable – eliminating any gaps in their cyber security defences.
tags = Arkose Labs, Stop Online Fraud and Abuse, risk assessment and sophisticated enforcement challenges, US Venture Partners, arkose labs 70m vision fundwiggersventurebeat, automated attacks, Kevin Gosschalk, PwC’s 2018 Global Economic Crime and Fraud Survey
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