BioCatch, the global leader in behavioral biometrics, announced today that it has been named to Deloitte’s 2020 Technology Fast 500™ list honoring the most innovative and fastest growing technology companies in North America that are disrupting the industry.
This recognition comes as BioCatch’s category-defining behavioral biometrics technology is more vital than ever due to a rise in cyberattacks as a result of the COVID-19 pandemic. BioCatch protects more than 40 of the world’s largest financial institutions, their clients and their clients’ assets from online banking fraud and other types of criminal activity, including sophisticated social engineering voice scams. Unlike traditional digital security methods such as usernames and passwords, which are easily compromised, behavioral biometrics monitors user behavior throughout each online session, providing continuous protection and ensuring a seamless and secure online experience. The company’s robust data set makes it far and away the industry leader, with over 150 million individual behavioral profiles and more than a billion digital sessions per month analyzed.