Innovaitors

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, co-founder and 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. During his time working on cybersecurity policies at the Pentagon, Smith discovered that fraudulent login attacks were a massive problem and would eventually hit corporate America. Smith’s vision with Shape Security is to develop core technology that sits in front of web and mobile technologies to help distinguish if logins are from consumers or computers, preventing fraudulent attacks. ##Shape Security doesn’t just prevent fraud but removes friction out of the consumer experience Smith shares that he’s proud of the ability to increase their client’s revenue, not just decrea