NEW YORK CITY, NY / ACCESSWIRE / October 15, 2024 / Memcyco, a real-time digital risk protection leader, has been recognized with a spot on The Cyber 150 List, curated annually by IT-Harvest and founded by noted industry analyst Richard Stiennon. This list places Memcyco among the top 150 cybersecurity companies worldwide, which has been acknowledged for its growth and drive of innovation excellence within the industry.
The Cyber 150 List celebrates companies significantly impacting cybersecurity through innovative technologies and strategic thought leadership. Memcyco's inclusion in this list underscores its pivotal role in developing advanced defenses against digital impersonation and account takeover (ATO) fraud.
Memcyco's pioneering approach leverages AI techniques to predict and prevent ATOs before they happen, detect phishing sites (even those not yet listed in threat databases), and identify referrals from offending sites back to the authentic client site (usually indicating a malicious action).
The inclusion in The Cyber 150 List is a testament to Memcyco's leadership in the field and its ongoing innovation in cybersecurity solutions that protect companies and their customers from the initial stages of an attack through to its resolution.
"Making the Cyber 150 List is thrilling for us at Memcyco and affirms our commitment to protecting customer data and securing digital trust in a paradigm of increasingly sophisticated digital impersonation threats," said Israel Mazin, CEO of Memcyco. "We're motivated to aim even higher for growth and customer success."
Memcyco's platform is uniquely designed to combat the evolving tactics of cybercriminals who deploy brand impersonation attacks, fooling customers into divulging sensitive information. These attacks often lead to unauthorized account takeovers and credential theft, with phishing links in browsers, emails, or social media pages posing as the authentic brand. Recognizing the sophistication and increasing frequency of such threats, Memcyco delivers a proactive solution that detects digital impersonation attacks in real-time from their inception. The solution protects customer data proactively and indefinitely for as long as stolen data is available online.
About Memcyco
Memcyco offers AI-based, real-time digital risk protection solutions to combat website impersonation scams, safeguarding companies and their customers from when a fake site goes live until it is taken down - and beyond. Memcyco's groundbreaking platform provides comprehensive visibility into attacks, attackers, and victims, helping to prevent ATO fraud, ransomware, and data breaches before they occur. Its nano-defender technology detects, protects, and responds to attacks as they unfold, securing tens of millions of customer accounts and mitigating the impact on workload, compliance, customer churn, and reputation.
About IT-Harvest and The Cyber 150 List
IT-Harvest, founded by industry analyst Richard Stiennon, offers the annual Cyber 150 list to spotlight the top cybersecurity companies that excel in innovation and operational excellence across the globe. The list is a benchmark for the industry, highlighting those who lead and redefine security standards and practices. The metrics looked at are objectively based on company growth within the industry.
CONTACT:
Name: Sheena Kretzmer
Email: sheena@memcyco.com
Phone: +27827743545
SOURCE: Memcyco
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