'TeleSign embeds trust at every touchpoint,' assures Joseph Burton

Joseph Burton, Chief Executive Officer at TeleSign elaborates on Promotion Abuse, Communication Fraud, and Buy Now Pay Later Fraud. Read on to know about the biggest online financial threat for consumers and much more.

In 2022, Buy Now Pay Later (BNPL) will continue to be a top retail priority. As BNPL growth continues to surge – so will the opportunities for fraudsters.


MEDIA 7: Thank you so much for doing this with us! It’s the holiday season, shopping and online transactions are happening on a large scale. What is the biggest online financial threat for consumers?
JOSEPH BURTON:
When it comes to cybercrime, essentially every person has been a victim – 9 out of 10 people have been subject to credit card fraud, identity theft, or a data breach. Millions of usernames and passwords, physical addresses, credit card numbers, and social security numbers are breached every week and are made available on the dark web. With all of that Personable Identifiable Information (PII) online, synthetic identity theft has become the fastest-growing type of financial fraud in the United States. Unlike traditional identity theft where criminals steal a specific person’s identity, synthetic identity theft involves creating a new, fictitious identity. Fraudsters use a mix of real and fake information – social security numbers, phone numbers, addresses, and birth dates – to create a fake identity.

Fraudsters use these synthetic identities to apply for credit cards and loans, illegally purchase goods online, and create fake product reviews. Synthetic identity fraud creates financial and reputational consequences for consumers, retailers, and financial institutions. For consumers, they are at risk of unauthorized purchases on their credit or debit cards and negative marks on their credit score. And their purchase decisions can be influenced by fake, positively inflated product reviews. Synthetic identity fraud is made possible by elaborate phishing and social engineering schemes. Fraudsters use deceitful emails, text messages, phone calls, and web pages to coerce PII from unsuspecting consumers. Phishing attacks are Pandora’s box to consumer fraud.





M7: Online retailers are now required to improve their security measures given the rise in threats to data privacy. How is TeleSign contributing to the fight against fraud?
JB:
Fraud is increasingly common, costly, and complex. With billions of targets and trillions of dollars at stake, fraudsters have found their groove. 2021 was the first time that successful fraud attempts outnumbered those prevented. In the last 24 months, half – 47% – of companies experienced fraud. Fraudulent losses are significant. On average, businesses lose 5% of their annual revenue to fraud. In addition to the financial risk, fraud introduces a lack of customer satisfaction, as well as reputational & legal damages. Faced with an array of sophisticated attacks, TeleSign helps security teams create a multilayered fraud prevention framework using digital identity signals, machine learning algorithms, and behavioral risk assessments to stay one step ahead of bad actors.

Throughout every stage of the customer journey, TeleSign helps to detect and defend against fraud. When onboarding new customers, businesses can layer in digital identity signals to flag risky users, block fake users, while giving legitimate users a fast and frictionless sign-up experience. For active accounts, TeleSign embeds trust at every touchpoint, ensuring every log-in is secure and every transaction is safe. TeleSign's zero-trust approach assesses the risk of every interaction to maintain the integrity of every account.



Read More: Gartner’s Akhil Gopinath advises, ‘To pivot your business model and grow out of the pandemic phase’


When consumers can use their preferred communication channels, more than half are more likely to recommend, buy more, or make a first-time purchase.



M7: TeleSign focuses on Promotion Abuse, Communication Fraud, and Buy Now Pay Later Fraud. These terms are relatively new, could you please elaborate on these for our readers?
JB: Communications Fraud/IRSF (G)


Despite plaguing the telecom industry for more than two decades, International Revenue Share Fraud (IRSF) is a relatively unknown type of attack and it’s experiencing a digital resurgence. IRSF is caused by the artificial inflation of call traffic to premium-rate numbers across the world. Generally, the fraudster leases expensive phone numbers – like psychic or dating hotlines – from an International Premium Rate Number Providers (IPRN) and both parties receive a share of the revenue for every call that’s placed. Over the last couple of years, we have seen fraudsters deploy new, sophisticated tactics to generate a higher volume of calls. For example, using bots and automated scripts, fraudsters can create millions of fake account creations or password reset requests. They nefariously attack web and mobile applications knowing that a voice call – to the premium number they profit on– is a component of account registration or password reset flow. IRSF is sneaky and happens behind the scenes. It is responsible for a $4-6 billion loss each year.

Promotion Abuse

As the retail season kicks into high gear, retailers must create compelling offers, discounts, and promotions to attract customers. But for many retailers, promotions are a double-edged sword. While they keep customers loyal and increase conversion rates, the inevitable abuse of promotions is costly. Promotion abuse occurs when one consumer uses multiple accounts to take advantage of rewards, sales, or other discounts. From sign-up bonuses to coupon codes, three out of four retailers (73%) have experienced promotion abuse in the last 12 months, which equates to an approximate 1.2% loss of revenue. To cut down on promotion abuse, retailers need to close their loopholes and prevent consumers from creating multiple accounts with fake email addresses and/or phone numbers.

Buy Now Pay Later Fraud

Convenience, useability, and affordability: a recipe for consumer success. It is those benefits that have made Buy Now, Pay Later (BNPL) platforms a ubiquitous success. A modern ‘payment plan’ and reimagined ‘layaway,’ BNPL is short-term financing that allows consumers to make a purchase and receive it immediately, but pay for it at a later time, usually over a series of installments. In 2022, BNPL will continue to be a top retail priority and I expect to see retailers extend BNPL payment options in their physical retail stores. As BNPL growth continues to surge – so will the opportunities for fraudsters.



2021 was the first time that successful fraud attempts outnumbered those prevented.



M7: TeleSign connects and protects online experiences with its engagement solutions. What are the different ways TeleSign helps ensure secure and reliable customer communication?
JB:
Communication across the customer journey is dynamic. Eighty-two percent of B2B buyers and 72% of B2C customers use multiple communication channels throughout their path to purchase. In fact, the availability of multichannel communication increases the bottom line. According to Forrester, when consumers can use their preferred communication channels, more than half are more likely to recommend, buy more, or make a first-time purchase. To excel in today’s competitive markets, it’s critical to make your customer communication fast, easy, and secure. From account verification to purchase confirmation, TeleSign delivers reliable communication across the customer journey.

As the pioneer of SMS verification, TeleSign helps connect the world’s most trusted brands to their customers. Our programmable engagement solution empowers businesses to embed messaging, voice, and authentication capabilities into their product and applications via developer-friendly APIs. TeleSign is at the forefront of keeping the digital economy secure, with an established presence on nearly every communications channel. Our customers can create tailored, omnichannel user experiences. And with a global footprint, more than seven hundred direct-to-carrier routes, and constant network traffic monitoring, TeleSign’s dependability is unmatched.



Read More: IDC’s Ritu Jyoti believes ‘Technology investments like AI are critical enablers to business agility’

M7: You have had an exemplary professional journey of over 30 years. Seeing the rapid change in technology and digitalization what future do you predict for this industry?
JB:
Today we’re protecting humans, tomorrow we’re protecting devices and machines – bringing the digital identity business to twenty-five billion devices.


ABOUT TELESIGN

TeleSign provides continuous trust to leading global enterprises by connecting, protecting, and defending their digital identities. TeleSign verifies over five billion unique phone numbers a month, representing half of the world’s mobile users, and provides critical insight into the remaining billions. The company’s powerful AI and extensive data science deliver identity with a unique combination of speed, accuracy, and global reach. TeleSign solutions prevent fraud, secure communications, and enable the digital economy by allowing companies and customers to engage with confidence. Learn more at www.telesign.com and follow us on Twitter at @TeleSign.

More C-Suite on deck

‘In the industry, we've observed fragmentation, especially among larger organizations,’ says Chris Fisher

Media 7 | October 16, 2023

Chris Fisher is a seasoned marketing professional who specializes in digital marketing and demand generation to fuel business growth. I integrate product messaging and innovative strategies with data-driven marketing to achieve quantifiable outcomes. Read on to know his thoughts about safeguarding the layers of Cyber-security.

Read More

‘Security solutions need to be consistent, regardless of geography or technical stack,’ emphasizes Nishant Kaushik

Media 7 | June 16, 2023

Nishant Kaushik is an excellent technologist with strategic foresight and tactical know-how to manage technology-driven businesses and security expansion plans. He has successfully led cross-functional and highly focused teams to achieve business objectives that align with customer needs. Read this interview to discover Nishant’s expertise and unique perspective on omnichannel security and risk management.

Read More

‘Data and analytics play a crucial role in shaping our advertising strategies,' asserts Aleksander Groshev

Media 7 | June 28, 2023

Aleksander Groshev is the CEO and Co-Founder of Autobahn Security. Previously he was Vice President of Product responsible for the product development of the SaaS platform. Before joining Autobahn Security he held the position of Head of Product at Fincite, a wealth management B2B platform.

Read More

‘In the industry, we've observed fragmentation, especially among larger organizations,’ says Chris Fisher

Media 7 | October 16, 2023

Chris Fisher is a seasoned marketing professional who specializes in digital marketing and demand generation to fuel business growth. I integrate product messaging and innovative strategies with data-driven marketing to achieve quantifiable outcomes. Read on to know his thoughts about safeguarding the layers of Cyber-security.

Read More

‘Security solutions need to be consistent, regardless of geography or technical stack,’ emphasizes Nishant Kaushik

Media 7 | June 16, 2023

Nishant Kaushik is an excellent technologist with strategic foresight and tactical know-how to manage technology-driven businesses and security expansion plans. He has successfully led cross-functional and highly focused teams to achieve business objectives that align with customer needs. Read this interview to discover Nishant’s expertise and unique perspective on omnichannel security and risk management.

Read More

‘Data and analytics play a crucial role in shaping our advertising strategies,' asserts Aleksander Groshev

Media 7 | June 28, 2023

Aleksander Groshev is the CEO and Co-Founder of Autobahn Security. Previously he was Vice President of Product responsible for the product development of the SaaS platform. Before joining Autobahn Security he held the position of Head of Product at Fincite, a wealth management B2B platform.

Read More

Related News

Software Security

Trellix and One Source Deliver Industry-Leading Managed Detection and Response Security Services

Trellix | January 22, 2024

Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced an expanded strategic partnership with One Source, a Managed Security Services Provider (MSSP) and technology delivery partner. Customers benefit from a Fortune 500 SOC capability built on the Trellix XDR Platform with AI-guided intelligence, enabling faster detection, investigation, and remediation. Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced an expanded strategic partnership with One Source, a Managed Security Services Provider (MSSP) and technology delivery partner. Customers benefit from a Fortune 500 SOC capability built on the Trellix XDR Platform with AI-guided intelligence, enabling faster detection, investigation, and remediation. “The partnership aligns with Trellix’s ongoing commitment to secure organizations from advanced cyber threats,” says Sean Morton, SVP of Professional Services at Trellix. “Leveraging One Source’s MDR capabilities and expanded footprint, we enable more businesses to build cyber resilience, with continued innovation in our combined products and solution offerings to stay ahead of bad actors.” One Source has multiple SOCs leveraging Trellix’s technology, staffed by the industry’s top experts to provide Managed Detection and Response (MDR) capabilities. Their team implements a proactive cyber strategy for customers specific to industry, technology environment, and vulnerabilities, built on the Trellix XDR Platform with 24x7 monitoring. The partnership and combined expertise benefits customers with enhanced services like managed threat detection and response, incident response, security operations and analytics, threat intelligence, threat hunting and forensics, and training and enablement. “The Trellix and One Source partnership is extremely powerful; the former offers an incredible set of security solutions, and the latter excels at personalized deployment and execution,” said Paul Moline, Chief Information Officer, Lindsay Automotive Group. “I never anticipated we could protect our environment with the same security solutions used by government agencies and Fortune 50 companies: I can now sleep at night.” The Trellix XDR Platform’s open architecture and broad set of native security controls across endpoint, email, network, cloud, and data security integrates with over 500 third-party tools to create multi-vector, multi-vendor event correlation and context to speed up investigations. The Trellix Advanced Research Center provides an additional layer of protection by continuously informing the platform with information from millions of global sensors on the latest threat vectors, tactics, and recommendations. One Source experts apply these insights to stay ahead of the constantly evolving threat landscape. “The collaboration with Trellix is a game-changer in reshaping the cybersecurity landscape,” says Eric Gressel, Executive Vice President of Sales, One Source. “Thanks to our partnership, we have access to the highest level of cyber intelligence to fend off newly-revealed hackers and their means of attack, enabling our customers with the most comprehensive offering of enhanced Managed Security Services to protect their businesses.” One Source has a proven track record supporting global businesses spanning retail, restaurant, automotive, healthcare, financial, and manufacturing industries. Trellix customers can rely on One Source's leading Managed Security Services to optimize technology expenses while enhancing telecom connectivity, IT infrastructure, and cybersecurity strategies. About Trellix Trellix is a global company redefining the future of cybersecurity and soulful work. The company’s open and native extended detection and response (XDR) platform helps organizations confronted by today’s most advanced threats gain confidence in the protection and resilience of their operations. Trellix, along with an extensive partner ecosystem, accelerates technology innovation through machine learning and automation to empower over 40,000 business and government customers with living security. More at https://trellix.com. About One Source One Source helps businesses simplify a complex technology world. One Source is the leading provider of Technology and Managed Security Services for enterprises. Today, One Source manages more than 2,500 customers, 45,000 business locations, and over one million assets throughout North America. In addition to Managed Security Services, One Source provides Managed Technology Expense Management, 24 / 7 local helpdesk, procures and provisions telecom & IT solutions, and manages customer service requests. One Source frequently generates triple-digit ROI for customers through contract negotiation, portfolio optimization, and ongoing expense management. In addition, One Source leverages partnerships with industry leaders, including Trellix to bring Fortune 500 security solutions and fully managed services to the mid-market. One Source's approach empowers businesses to focus on customers and revenue-generating activities. Learn more at https://www.onesource.net/.

Read More

Platform Security

Stellar Cyber and Proofpoint Strategic Alliance to Deliver Comprehensive Email Security Solution For SecOps Teams

Stellar Cyber | January 23, 2024

Stellar Cyber, the innovator of Open XDR, announced a new partnership with Proofpoint, a leading cybersecurity and compliance company. Through this alliance, Proofpoint and Stellar Cyber customers benefit from an out-of-the-box integration enabling swift email investigations and real-time response actions to email-driven attacks. Proofpoint Targeted Attack Protection monitors emails to identify suspicious emails and potentially malicious attachments and URLs. Once identified, the findings are shared with Stellar Cyber automatically. Stellar Cyber’s Open XDR platform ingests, normalizes, and analyzes Proofpoint findings and other collected data to deliver a comprehensive threat picture. As security analysts conduct investigations, they can instruct integrated third-party products – including Proofpoint – on corrective actions. “Protecting organizations against email-borne attacks is a top priority, and security teams need a way to automatically correlate threat telemetry across the entire attack surface in order to quickly remediate threats,” said Andrew Homer, VP of Strategic Alliances, Stellar Cyber. “This new partnership with Proofpoint is the latest example of Stellar Cyber delivering on its Open XDR strategy to provide customers turn-key integrations that improve productivity and threat detection.” “Email attacks remain the number one entry point into an organization, and the level of sophistication of these attacks continues to grow exponentially,” said D.J. Long, Vice President, Strategic Alliances & Business Development, Proofpoint. “We’re thrilled to work with Stellar Cyber on this strategic alliance to help customers protect against advanced email-based threats and unify their cybersecurity defense.” Through this alliance, Stellar Cyber and Proofpoint give security teams an advantage over attackers, resulting in the following: Real-time threat signals exchanged for proactive detection Correlation of Proofpoint alerts across the entire attack surface Automated response actions for immediate threat containment About Stellar Cyber Stellar Cyber’s Open XDR Platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill level to secure their environments successfully. With Stellar Cyber, organizations reduce risk with early and precise identification and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering an 8X improvement in MTTD and a 20X improvement in MTTR. The company is based in Silicon Valley.

Read More

Data Security

Boomi Strengthens Commitment to Data Security and Compliance by Achieving StateRAMP Authorization

Boomi | January 12, 2024

Boomi™, the intelligent connectivity and automation leader, today announced that the Boomi platform has achieved StateRAMP Authorization. This achievement reflects Boomi’s unwavering commitment to data security and compliance, and to delivering a secure and reliable solution that government agencies can rely on to safeguard their data and operations. “At Boomi, we are committed to democratizing modernization. Securing StateRAMP authorization for our platform was paramount, enabling public sector organizations to seamlessly and securely integrate and leverage cloud applications,” said Sean Wechter, Chief Information Officer at Boomi. “Through a strategic alliance with StateRAMP, Boomi actively collaborates with its leadership board, facilitating streamlined documentation and audit processes to expedite digital transformation within the public sector." According to the U.S. Government Accountability Office, government agencies plan to spend billions of dollars each year to support their IT and cybersecurity efforts, including transitioning IT resources to secure, cost-effective commercial cloud services.1 However, agencies are challenged to select secure cloud-based solutions, making it difficult for these organizations to modernize and improve constituent experiences. StateRAMP, a nationally recognized risk authorization management program that provides a standardized approach to assessing cloud products, improves security and simplifies procurement by building a pool of pre-authorized Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) solutions for public sector entities. As organizations more frequently implement cloud-based solutions, they also require validated access to integration platform as a service (iPaaS) to streamline application and resource integration. iPaaS integrates cloud-to-cloud, cloud-to-on premises, and on-premises-to-on-premises platforms, helping public sector organizations break down data silos to enhance information flow, improve citizen services, and increase operational effectiveness. About Boomi Boomi aims to make the world a better place by connecting everyone to everything, anywhere. The pioneer of cloud-based integration platform as a service (iPaaS), and now a category-leading, global software as a service (SaaS) company, Boomi touts the largest customer base among integration platform vendors and a worldwide network of approximately 800 partners – including Accenture, Capgemini, SAP, and Snowflake. Global organizations turn to Boomi’s award-winning platform to discover, manage, and orchestrate data, while connecting applications, processes, and people for better, faster outcomes. For more information, visit boomi.com.

Read More

Software Security

Trellix and One Source Deliver Industry-Leading Managed Detection and Response Security Services

Trellix | January 22, 2024

Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced an expanded strategic partnership with One Source, a Managed Security Services Provider (MSSP) and technology delivery partner. Customers benefit from a Fortune 500 SOC capability built on the Trellix XDR Platform with AI-guided intelligence, enabling faster detection, investigation, and remediation. Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced an expanded strategic partnership with One Source, a Managed Security Services Provider (MSSP) and technology delivery partner. Customers benefit from a Fortune 500 SOC capability built on the Trellix XDR Platform with AI-guided intelligence, enabling faster detection, investigation, and remediation. “The partnership aligns with Trellix’s ongoing commitment to secure organizations from advanced cyber threats,” says Sean Morton, SVP of Professional Services at Trellix. “Leveraging One Source’s MDR capabilities and expanded footprint, we enable more businesses to build cyber resilience, with continued innovation in our combined products and solution offerings to stay ahead of bad actors.” One Source has multiple SOCs leveraging Trellix’s technology, staffed by the industry’s top experts to provide Managed Detection and Response (MDR) capabilities. Their team implements a proactive cyber strategy for customers specific to industry, technology environment, and vulnerabilities, built on the Trellix XDR Platform with 24x7 monitoring. The partnership and combined expertise benefits customers with enhanced services like managed threat detection and response, incident response, security operations and analytics, threat intelligence, threat hunting and forensics, and training and enablement. “The Trellix and One Source partnership is extremely powerful; the former offers an incredible set of security solutions, and the latter excels at personalized deployment and execution,” said Paul Moline, Chief Information Officer, Lindsay Automotive Group. “I never anticipated we could protect our environment with the same security solutions used by government agencies and Fortune 50 companies: I can now sleep at night.” The Trellix XDR Platform’s open architecture and broad set of native security controls across endpoint, email, network, cloud, and data security integrates with over 500 third-party tools to create multi-vector, multi-vendor event correlation and context to speed up investigations. The Trellix Advanced Research Center provides an additional layer of protection by continuously informing the platform with information from millions of global sensors on the latest threat vectors, tactics, and recommendations. One Source experts apply these insights to stay ahead of the constantly evolving threat landscape. “The collaboration with Trellix is a game-changer in reshaping the cybersecurity landscape,” says Eric Gressel, Executive Vice President of Sales, One Source. “Thanks to our partnership, we have access to the highest level of cyber intelligence to fend off newly-revealed hackers and their means of attack, enabling our customers with the most comprehensive offering of enhanced Managed Security Services to protect their businesses.” One Source has a proven track record supporting global businesses spanning retail, restaurant, automotive, healthcare, financial, and manufacturing industries. Trellix customers can rely on One Source's leading Managed Security Services to optimize technology expenses while enhancing telecom connectivity, IT infrastructure, and cybersecurity strategies. About Trellix Trellix is a global company redefining the future of cybersecurity and soulful work. The company’s open and native extended detection and response (XDR) platform helps organizations confronted by today’s most advanced threats gain confidence in the protection and resilience of their operations. Trellix, along with an extensive partner ecosystem, accelerates technology innovation through machine learning and automation to empower over 40,000 business and government customers with living security. More at https://trellix.com. About One Source One Source helps businesses simplify a complex technology world. One Source is the leading provider of Technology and Managed Security Services for enterprises. Today, One Source manages more than 2,500 customers, 45,000 business locations, and over one million assets throughout North America. In addition to Managed Security Services, One Source provides Managed Technology Expense Management, 24 / 7 local helpdesk, procures and provisions telecom & IT solutions, and manages customer service requests. One Source frequently generates triple-digit ROI for customers through contract negotiation, portfolio optimization, and ongoing expense management. In addition, One Source leverages partnerships with industry leaders, including Trellix to bring Fortune 500 security solutions and fully managed services to the mid-market. One Source's approach empowers businesses to focus on customers and revenue-generating activities. Learn more at https://www.onesource.net/.

Read More

Platform Security

Stellar Cyber and Proofpoint Strategic Alliance to Deliver Comprehensive Email Security Solution For SecOps Teams

Stellar Cyber | January 23, 2024

Stellar Cyber, the innovator of Open XDR, announced a new partnership with Proofpoint, a leading cybersecurity and compliance company. Through this alliance, Proofpoint and Stellar Cyber customers benefit from an out-of-the-box integration enabling swift email investigations and real-time response actions to email-driven attacks. Proofpoint Targeted Attack Protection monitors emails to identify suspicious emails and potentially malicious attachments and URLs. Once identified, the findings are shared with Stellar Cyber automatically. Stellar Cyber’s Open XDR platform ingests, normalizes, and analyzes Proofpoint findings and other collected data to deliver a comprehensive threat picture. As security analysts conduct investigations, they can instruct integrated third-party products – including Proofpoint – on corrective actions. “Protecting organizations against email-borne attacks is a top priority, and security teams need a way to automatically correlate threat telemetry across the entire attack surface in order to quickly remediate threats,” said Andrew Homer, VP of Strategic Alliances, Stellar Cyber. “This new partnership with Proofpoint is the latest example of Stellar Cyber delivering on its Open XDR strategy to provide customers turn-key integrations that improve productivity and threat detection.” “Email attacks remain the number one entry point into an organization, and the level of sophistication of these attacks continues to grow exponentially,” said D.J. Long, Vice President, Strategic Alliances & Business Development, Proofpoint. “We’re thrilled to work with Stellar Cyber on this strategic alliance to help customers protect against advanced email-based threats and unify their cybersecurity defense.” Through this alliance, Stellar Cyber and Proofpoint give security teams an advantage over attackers, resulting in the following: Real-time threat signals exchanged for proactive detection Correlation of Proofpoint alerts across the entire attack surface Automated response actions for immediate threat containment About Stellar Cyber Stellar Cyber’s Open XDR Platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill level to secure their environments successfully. With Stellar Cyber, organizations reduce risk with early and precise identification and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering an 8X improvement in MTTD and a 20X improvement in MTTR. The company is based in Silicon Valley.

Read More

Data Security

Boomi Strengthens Commitment to Data Security and Compliance by Achieving StateRAMP Authorization

Boomi | January 12, 2024

Boomi™, the intelligent connectivity and automation leader, today announced that the Boomi platform has achieved StateRAMP Authorization. This achievement reflects Boomi’s unwavering commitment to data security and compliance, and to delivering a secure and reliable solution that government agencies can rely on to safeguard their data and operations. “At Boomi, we are committed to democratizing modernization. Securing StateRAMP authorization for our platform was paramount, enabling public sector organizations to seamlessly and securely integrate and leverage cloud applications,” said Sean Wechter, Chief Information Officer at Boomi. “Through a strategic alliance with StateRAMP, Boomi actively collaborates with its leadership board, facilitating streamlined documentation and audit processes to expedite digital transformation within the public sector." According to the U.S. Government Accountability Office, government agencies plan to spend billions of dollars each year to support their IT and cybersecurity efforts, including transitioning IT resources to secure, cost-effective commercial cloud services.1 However, agencies are challenged to select secure cloud-based solutions, making it difficult for these organizations to modernize and improve constituent experiences. StateRAMP, a nationally recognized risk authorization management program that provides a standardized approach to assessing cloud products, improves security and simplifies procurement by building a pool of pre-authorized Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) solutions for public sector entities. As organizations more frequently implement cloud-based solutions, they also require validated access to integration platform as a service (iPaaS) to streamline application and resource integration. iPaaS integrates cloud-to-cloud, cloud-to-on premises, and on-premises-to-on-premises platforms, helping public sector organizations break down data silos to enhance information flow, improve citizen services, and increase operational effectiveness. About Boomi Boomi aims to make the world a better place by connecting everyone to everything, anywhere. The pioneer of cloud-based integration platform as a service (iPaaS), and now a category-leading, global software as a service (SaaS) company, Boomi touts the largest customer base among integration platform vendors and a worldwide network of approximately 800 partners – including Accenture, Capgemini, SAP, and Snowflake. Global organizations turn to Boomi’s award-winning platform to discover, manage, and orchestrate data, while connecting applications, processes, and people for better, faster outcomes. For more information, visit boomi.com.

Read More

Spotlight

Telesign

Telesign

TeleSign provides continuous trust to leading global enterprises by connecting, protecting, and defending their digital identities. TeleSign verifies over five billion unique phone numbers a month, representing half of the world’s mobile users, and provides critical insight into the remaining billio...

Events

Resources

resource image

Network Threat Detection, Platform Security, Software Security

Digital Defense 2023: Top Network Security Trends for Businesses

Article

resource image

Enterprise Security, Network Threat Detection, Software Security

2023's Must-Attend Networking Security Conferences for Businesses

Article

resource image

Network Threat Detection, Platform Security, Software Security

Digital Defense 2023: Top Network Security Trends for Businesses

Article

resource image

Enterprise Security, Network Threat Detection, Software Security

2023's Must-Attend Networking Security Conferences for Businesses

Article

Events