Deduce Honored in AI and Data Category by Fast Company’s 2021 World Changing Ideas Awards

Deduce, the leading provider of cybersecurity solutions powered by real-time identity network data, today announced that Deduce Customer Alerts received an honorable mention from Fast Company’s 2021 World Changing Ideas Awards in the AI and data category. The awards honor the businesses, policies, projects, and concepts that are actively engaged and deeply committed to pursuing innovation.

Deduce Customer Alerts 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. Powerful algorithms crunch the data to spot potentially fraudulent activity - like logging in from unusual locations, devices, or exhibiting unusual behavior - and sends alerts asking the customers themselves if the login is valid.

“Consumers are at risk of fraud because most companies lack the resources to implement proven and familiar best practices - email alerts - used by the internet giants, which is wildly unfair,” says Ari Jacoby, Deduce CEO and co-founder. “Deduce Customer Alerts is powered by an innovative network of real-time, privacy-compliant identity data that spots potential fraudsters so companies of any size have a level playing field to protect their customers from criminal acts.”

Now in its fifth year, the World Changing Ideas Awards showcase 33 winners, more than 400 finalists, and more than 800 honorable mentions—with Health and Wellness, AI & Data among the most popular categories. A panel of eminent Fast Company editors and reporters selected winners and finalists from a pool of more than 4,000 entries across transportation, education, food, politics, technology, and more. Plus, several new categories were added, including Pandemic Response, Urban Design, and Architecture. The 2021 awards feature entries from across the globe, from Brazil to Denmark to Vietnam.

Showcasing some of the world’s most inventive entrepreneurs and companies tackling exigent global challenges, Fast Company’s Summer 2021 issue (on newsstands May 10) highlights, among others, a lifesaving bassinet; the world’s largest carbon sink, thanks to carbon-eating concrete; 3D-printed schools; an at-home COVID-19 testing kit; a mobile voting app; and the world’s cleanest milk.

“There is no question our society and planet are facing deeply troubling times. So, it’s important to recognize organizations that are using their ingenuity, impact, design, scalability, and passion to solve these problems,” says Stephanie Mehta, editor-in-chief of Fast Company. “Our journalists, under the leadership of senior editor Morgan Clendaniel, have discovered some of the most groundbreaking projects that have launched since the start of 2020.”

About Deduce
Deduce protects businesses and their customers from unauthorized account access, data leakage, and identity fraud. We eliminate fraud in real-time using risk algorithms and behavioral analytics across the most comprehensive network of consumer identity data. 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 the World Changing Ideas Awards
World Changing Ideas is one of Fast Company’s major annual awards programs and is focused on social good, seeking to elevate finished products and brave concepts that make the world better. A panel of judges from across sectors choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With the goals of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to start working on solving the problems that affect us all.

Media Contact
Sean Yokomizo
On behalf of Deduce
info@deduce.com
925.878.1200


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Contact Information

Sean S Yokomizo

Consultant

Deduce

(1) 925.878.1200

seanyokomizo@gmail.com