Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Arkose Labs Stops 4.6 Billion Attacks and Doubles Revenue in Landmark Year for the Fraud Prevention Platform

Company Doubles Headcount and Plans Additional New Hires for 2021

In its ongoing mission to bankrupt the business of fraud, Arkose Labs reported a record year, tackling fraud and online attacks head-on. The company analyzed more than 15 billion online sessions in 2020, stopped 4.6 billion attacks and wasted 40 million hours of fraudsters’ time.

Recommended AI News: HyperX Reveals All-New PC and Console Gaming Gear at CES 2021

Company Growth

Arkose Labs helped its customers navigate disruption and one of the downsides of the pandemic – a growth in online fraud. The company doubled its annual recurring revenue and brought on major brands like Honey, PayPal, CES and Minecraft as new customers across banking, fintech, ecommerce, digital media, gaming and technology.

Fueled by its 2020 series B funding round led by Microsoft’s Venture Fund, M12, with additional investments from PayPal and USVP, Arkose Labs focused on recruiting talent and investing in its technology to facilitate its significant growth.

Related Posts
1 of 40,524

Global Head of M12, Nagraj Kashyap noted, “Multiple Microsoft businesses are already benefiting from this innovative technology.” He added, “With Arkose’s end-to-end anti-fraud platform, enterprises across the globe can better protect against fraud and abuse long-term.”

The company doubled its headcount in 2020 and opened a UK office. It is committed to additional 2021 hires in North America, Australia and Europe. Key senior leadership hires included Mark Resnick (COO), Martyn McKean (CTO), Phil Steffora (CSO), Patrice Boffa (VP, Services), and Adrian Jenkins (VP, EMEA).

Recommended AI News: Dynabook Rolls Out New Satellite Pro Laptop Series, elects SYNNEX Corporation as U.S. Distributor

The Arkose Labs Fraud and Abuse Prevention Platform analyzed four times the amount of sessions in 2020 and saw transactions in 200+ countries. Its standout technology was recognized by Gartner, who named it a 2020 Cool Vendor in Fraud and IAM. The platform protects against automated and human-driven account takeover and new account fraud attempts; and an extensive list of abuse use cases such as inventory hoarding, web scraping, in-game abuse, carding, fake reviews and spam by eliminating malicious bot activity across digital platforms.

“2020 was one of the most testing times in our history. We are proud to have worked hand-in-hand with our customers, helping them navigate major fluctuations in consumer behavior and deal with fast-evolving fraud attacks,” said Kevin Gosschalk, CEO. “We have a clear mission at Arkose Labs to undermine the drivers of fraud, in order to make the world a safer place for end users and enable our customers to truly thrive in today’s digital-first world.”

Recommended AI News: Amazfit Showcases its Vision for Fitness Tech and Wearables at CES 2021

5 Comments
  1. xnxx bedava indir cep says

    PROBLEMLER VE ÇÖZÜMLER. BGD Siber Güvenlik ve Savunma Kitap Serisi 2 sitesi
    ve Ortadoğu Teknik Üniverstesi işbirliği ile düzenlenmekte,
    .

  2. JeffreyObepe says

    I gave [url=https://www.cornbreadhemp.com/products/cbd-sleep-gummies ]https://www.cornbreadhemp.com/products/cbd-sleep-gummies [/url] a prove payment the maiden time, and I’m amazed! They tasted excessive and provided a intelligibility of calmness and relaxation. My emphasis melted away, and I slept well-advised too. These gummies are a game-changer on the side of me, and I extremely endorse them to anyone seeking unconstrained emphasis recess and better sleep.

  3. Arthurlof says

    I gave [url=https://www.cornbreadhemp.com/collections/full-spectrum-cbd-oil ]cbd oil[/url] a try with a view the cardinal habits, and I’m amazed! They tasted excessive and provided a be under the impression that of calmness and relaxation. My lay stress melted away, and I slept well-advised too. These gummies are a game-changer an eye to me, and I enthusiastically commend them to anyone seeking natural worry liberation and well-advised sleep.

  4. Iron scrap evaluation says

    Metal scrap recovery services Ferrous metal recycling innovations Recycling iron scraps

    Ferrous scrap recovery, Iron scrap reclaiming services, Metal waste reclamation

  5. Scrap copper cathodes says

    Copper scrap processing methods Copper scrap extraction Metal waste utilization and trading
    Copper cable stripping machines, Metal scrap yard recycling, Exporting Copper scrap

Leave A Reply

Your email address will not be published.