Vonage Launches Fraud Protection Suite

Vonage, a global leader in Cloud Communications, has introduced a robust Fraud Protection Suite aimed at enhancing security and helping businesses combat fraud and cyber threats. 

Vonage Launches Fraud Protection Suite

Vonage, a global leader in Cloud Communications, has introduced a robust Fraud Protection Suite aimed at enhancing security and helping businesses combat fraud and cyber threats. This comprehensive suite offers end-to-end Communications Security Solutions, addressing the increasing need for safeguarding sensitive data and communications in today's digital landscape.
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Rich Technology Group came across this news from UC Today, which is a renowned business communication news platform. The Vonage Fraud Protection Suite comprises three key components: Vonage Fraud Defender, Vonage Verify API, and Vonage Number Insight. Together, these tools provide a multi-layered defense against fraudulent activities and cyberattacks. The complete details of these are covered below.

Vonage Launches Fraud Protection Suite

Vonage Fraud Protection Suite- Image via Vonage

Vonage Fraud Defender- Fraud Protection Suite

Vonage Fraud Defender - Image via Vonage

This component of the suite offers advanced security features, including two-factor authentication (2FA). It alerts users to potential fraud attempts and provides options for customization, allowing automated actions to be taken to block suspicious activities proactively. Vonage Fraud Defender goes beyond the basics by relaying real-time risk and ongoing attack information via a user-friendly dashboard.

Related: Vonage: Past, Present & Future w/ President, Reginald Scales

Vonage Verify API

Vonage Verify API - Image via Vonage

One of the standout features of this suite is the enhanced Vonage Verify API, which now includes Omni-Channel 2FA. This means that businesses can implement two-factor authentication over multiple communication channels, improving the security of their communications. Additionally, the API offers customizable automatic channel failover, ensuring uninterrupted security.

Vonage launches fraud protection suite, also offering cyber security as a service.

Vonage Number Insight

Vonage Number Insight - Image via Vonage

While specific details about this component are not yet covered by UC Today, it appears to address issues related to phone number verification and protection against spam calls.

The introduction of this Fraud Protection Suite is a timely move by Vonage, given the growing threat landscape and the increasing frequency of cyberattacks. According to a study conducted in 2022, organizations lose an average of $3 million annually due to security breaches. With cybercriminals becoming more sophisticated, it is imperative for businesses to adopt robust security measures to safeguard their data and operations.

 Two-factor authentication adds an extra layer of security to user accounts by requiring them to provide two separate authentication factors, typically something they know (like a password) and something they have (like a mobile device). By implementing 2FA, Vonage aims to reduce the risk associated with compromised passwords and unauthorized access, a concern that has become increasingly prevalent in today's digital world.

Learn more about Vonage Mobile App Demo 2023 here.

Management APIs

Vonage's Fraud Protection Suite provides businesses with a comprehensive set of management APIs, allowing them to integrate and customize their fraud protection strategies smoothly. These APIs let business easily control communication security and enhance resilience. By using its innovative API-based solutions, Vonage enables businesses to adjust their fraud protection measures according to their requirements and enjoy complete peace of mind.

 Vonage's launch of the Fraud Protection Suite is a significant step towards providing businesses with the tools they need to protect their communications and data from fraud and cyber threats. As cyberattacks continue to evolve, having a comprehensive security solution like this can help organizations mitigate risks and safeguard their operations.
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