Technology
Retailers, banks and airlines can see up to 90% of fraudulent logins attempting to steal some form of value in their systems. How are they protecting themselves against attacks? Derek Smith, CEO of Shape Security, has created a patent botwall service that protects many of the world’s largest banks, airlines, retailers and government agencies against cyberattacks, blocking more than a billion fraudulent login attempts daily. Key takeaways: Shape Security is helping more than 50% of the country’s largest airlines and banks as well as retail businesses like Starbucks by continuously defending against fraudulent login attempts. Shape prevents over a billion fraudulent login attempts every day. Hackers continue to become more sophisticated, but Shape is using advanced machine learning techniques to counteract the ever-improving hacking methodologies. Full show notes at http://wing.vc