Security News > 2021 > May > SpecTrust raises $4.3M to unify people and data in the fight against cybercrime

SpecTrust, a no-code, risk-defense layer to unify people, data, and technology in the fight against cybercrime, emerged from stealth, announcing $4.3M in funding.

Through the SpecTrust platform, customers can unify data and risk signals into comprehensive defense that deploys instantly.

SpecTrust's no-code platform allows risk teams to deploy, optimize, and enforce layered cybercrime defenses with zero engineering required.

Advanced capabilities are normally only accessible to the largest companies in the world; SpecTrust allows businesses of any size to rapidly mature fraud detection and prevention capabilities, optimize onboarding compliance processes and vet user identity with continuous risk and trust assessments.

"There are hundreds of thousands of risk defense professionals who are quietly fighting a multi-billion dollar empire of cybercriminals. When risk defenders aren't set up for success with unified data and tools, businesses and consumers suffer," said Nate Kharrl, SpecTrust's co-founder and CEO. "We've worked alongside these heroes for years and built SpecTrust to empower them to finally fight cybercrime and win."

"The unique combination of talent, technology and time-to-market is what sets SpecTrust apart from the rest of the startups launching into the anti-cybercrime arena. SpecTrust's approach to automatically collect behavior and identity data across the entire user journey allows customers to orchestrate and optimize risk defenses," said Joe Eandi, Co-founder of Cyber Mentor Fund.

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