Deduce Selected as Finalist for RSA Conference 2021 Innovation Sandbox Contest

Deduce Customer Alerts recognized for providing real-time online suspicious login alerts for 1 percent of the cost of systems previously only accessible to internet giants

NEW YORK – WEBWIRE – Thursday, April 15, 2021

Deduce, the leading provider of cybersecurity solutions powered by real-time identity network data, announced today that it has been named one of 10 finalists for the RSA Conference 2021 Innovation Sandbox Contest for its work providing companies of all sizes real-time suspicious login alerts for 1 percent of the cost of systems previously accessible only to internet giants. On Wednesday, May 19, Deduce will present its technology to a panel of renowned cybersecurity industry judges and a live virtual audience at RSA Conference 2021.

Since 2005, the RSAC Innovation Sandbox has served as a platform for the boldest young cybersecurity companies to showcase their groundbreaking technologies and compete for the title of “Most Innovative Startup.” The competition is widely recognized as a catapult for success, as the top 10 finalists have collectively seen over 50 acquisitions and $8.2 billion in funding since the start of the contest. Deduce will have three minutes to pitch the panel of judges before a question-and-answer round.

“We are happy to welcome the RSAC Innovation Sandbox Contest finalists to our virtual stage and we look forward to hearing about their innovative ideas that are sure to combat tomorrow’s cybersecurity threats,” said Linda Gray Martin, Vice President, RSA Conference. “For the last 16 years, RSAC Innovation Sandbox Contest finalists have gone on to make significant impacts on the world of cybersecurity. We are confident that this year’s finalists will continue the trend with their thought-provoking approaches and will make a lasting impact on the industry.”

Deduce is the first company to bring together best practices in identity resolution with advanced cybersecurity technology in a practical and affordable way for companies of nearly every size.

The world’s largest tech companies - Facebook, Amazon, Apple, Microsoft, and Google - use advanced algorithms together with vast amounts of user data to spot fraudulent behavior and notify account holders via familiar email alerts. Many smaller companies that lack access to colossal data resources are left to make do with less effective tools that leave their account holders vulnerable.

Driven by the Deduce Identity Network, the company’s platform works within global data privacy rules, including GDPR and CCPA, to maintain more than 200 million US profiles that provide a baseline for determining whether a user is who they claim to be at the point of online interaction. Deduce correlates data from diverse sources in real-time, continuously improving the network and providing additional value across its user base.

“Keeping the most powerful cybersecurity tools and strategies in the hands of a few high-powered companies is simply unfair,” explains Ari Jacoby, Deduce Co-Founder and CEO. “The Deduce Identity Network levels the playing field so any size company can protect their customers’ accounts and reduce risk from fraud and potential regulatory fines while boosting customer satisfaction and brand value.”

The contest kicks off on May 19 at 9:20 AM PT and winners will be announced at 10:45 AM PT that same day. Hugh Thompson, Program Committee Chair of RSA Conference, will return to host the contest. The renowned panel of expert judges includes Dorit Dor, VP Products, Check Point Software Technologies; Niloo Howe, Principal and Founder, Razi Ventures; Paul Kocher, Security Researcher and Entrepreneur; Shlomo Kramer, Co-founder and CEO, Cato Networks; and Christopher Young, Executive Vice President, Microsoft.

For more information regarding RSA Conference 2021, taking place as a virtual experience, visit www.rsaconference.com/usa.

About Deduce
Deduce protects businesses and their customers from unauthorized account access, data leakage, and identity fraud. The company employs powerful cognitive algorithms to crunch privacy-compliant data from more than 150,000 sites and applications to spot fraud-related anomalies in real-time. Deployed on over 30 sites and applications to date, Deduce’s approach achieves an over 90 percent reduction in account take-over damage. This empowers any organization to harness the value of collective identity-based threat intelligence and cybersecurity. The company is based in New York and was founded in 2019. For more information, visit Deduce.com.

About RSA Conference
RSA Conference is the premier series of global events and year-round learning for the cybersecurity community. RSAC is where the security industry converges to discuss current and future concerns and have access to the experts, unbiased content and ideas that help enable individuals and companies advance their cybersecurity posture and build stronger and smarter teams. Both in-person and online, RSAC brings the cybersecurity industry together and empowers the collective “we” to stand against cyberthreats around the world. RSAC is the ultimate marketplace for the latest technologies and hands-on educational opportunities that help industry professionals discover how to make their companies more secure while showcasing the most enterprising, influential and thought-provoking thinkers and leaders in cybersecurity today. For the most up-to-date news pertaining to the cybersecurity industry visit www.rsaconference.com. Where the world talks security.

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