Security News > 2021 > June > Ping Identity acquires SecuredTouch, accelerates identity fraud capabilities

Ping Identity has acquired SecuredTouch, a provider of fraud and bot detection and mitigation.

As SecuredTouch is integrated with the broader PingOne Cloud Platform, enterprise customers will have access to advanced signals, data, and intelligence to gain a greater understanding of fraudster behavior, and step up authentication when needed to stop malicious activity and reduce fraud loss.

"Identity isn't just about knowing who customers are, it's about knowing when someone is pretending to be a customer. As companies undergo massive digital transformation initiatives, the need for seamless, frictionless, and secure identity solutions to confidently understand both those situations is imperative," said Andre Durand, founder and CEO of Ping Identity.

"The acquisition of SecuredTouch accelerates our vision for cloud delivered intelligent identity solutions that combat malicious behavior such as bots, emulators, and account takeover."

"This is a defining moment for our industry as identity security and fraud come together," said Alasdair Rambaud, CEO of SecuredTouch.

"Ping Identity is the perfect fit for our team, products, and technology," added Ran Shulkind, co-founder and general manager of SecuredTouch.

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