Hiperdist expands cybersecurity offerings with OneSpan agreement
Hiperdist has signed a distribution partnership with OneSpan across the Middle East and Africa region. OneSpan specializes in digital identity and anti-fraud with solutions focused on authentication, fraud analysis, electronic signatures, mobile app security and agreement automation.
“The rise in the volume of digital banking and eCommerce transactions has made issues of identity management and fraud prevention critical. In fact, non-cash transactions globally are expected to reach over 101,046 billion by 2022, as per an estimate from Capgemini” said Govind Haridas, Business Head of Cybersecurity solutions at Hiperdist.
He continued, “As a result, it is important to arm our partners with the capability to continuously monitor and analyse these threats so that they can be neutralized in real-time with minimal impact. OneSpan, with its deep expertise in digital security and authentication applications, is a natural extension of our current portfolio.”
The brand, which is a market leader for its solutions, was recently recognized for its Digital Identity and Risk-Based Authentication Platform from Frost and Sullivan in 2020.
OneSpan solutions employ a range of multi-factor authentication technologies, as well as AI-based algorithms and pre-configured, customizable rule sets. These help threat detection, behavioural analysis, transaction risk analysis, and orchestration of the user experience.