Sift's newest report is here: Our Q3 2024 Digital Trust Index is live, and it’s packed with insights on the rising threat of account takeover (ATO) fraud. The report breaks down the latest trends in ATO, consumer behavior, AI-powered fraud, and the discovery of a new identity theft tool available for rent on Telegram. Here’s a snapshot of a few of the findings: - 24% increase in ATO attacks - Which industries are most vulnerable - How 2FA adoption is evolving - AI's role in sophisticated fraud schemes Check out the full report to find out more: https://buff.ly/3B1XgNS #DigitalTrust #FraudPrevention #ATO #AccountTakeovers #AI #AIFraud #AIPowered #GrowFearlessly #NewReport #FraudTrends
Sift
Computer and Network Security
San Francisco, California 20,795 followers
Sift is the AI-powered fraud platform securing digital trust for leading global businesses.
About us
Sift is the AI-powered fraud platform securing digital trust for leading global businesses. Our deep investments in machine learning and user identity, a data network scoring 1 trillion events per year, and a commitment to long-term customer success empower more than 700 customers to grow fearlessly. Brands including DoorDash, Yelp, and Poshmark rely on Sift to unlock growth and deliver seamless consumer experiences. Visit us at sift.com.
- Website
-
https://sift.com
External link for Sift
- Industry
- Computer and Network Security
- Company size
- 201-500 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2011
- Specialties
- Machine Learning, Software as a Service (SaaS), Fraud Detection, Predictive Analytics, Big Data, Data Visualization, Digital Trust, Digital Trust & Safety, Risk management, Payment Fraud, Fraud Detection Software, Revenue Growth, Artificial Intelligence, Fraud Expertise, and Fraud Prevention & Protection
Products
The Sift Platform
Fraud Protection Software
AI-fueled fraud tools are the key to enabling next-level consumer experiences. Sift’s AI-powered platform transforms fraud prevention into a competitive advantage for you, your team, and your consumers.
Locations
-
Primary
525 Market St
San Francisco, California 94105, US
Employees at Sift
-
Richard Helliar
VP EMEA - Sift | Hypergrowth Sales and Marketing Leader committed to accelerating business success
-
Liz Kao
Principal B2B SaaS PM | Business Process Optimizer & Customer-facing Reporting/Dashboard Champion | Dummies author
-
Albert Wenger
Managing Partner at Union Square Ventures
-
Ryan Heavner
Updates
-
Is your business ready for the holiday season and the inevitable spike in fraud attacks? This week, join Sift experts Alexander Hall and Kevin Lee for a live discussion on how fraud, finance, and customer ops teams can prepare. 🔗 Save your spot here: https://buff.ly/3N9tjy5 #FraudPrevention #HolidayFraud #DigitalTrust #FraudExperts
-
Planning to attend the MRC | Merchant Risk Council conference in Amsterdam? If so, we invite you to join us for a networking dinner on Monday, 14 October! 📌 If interested, like this post or leave a comment and we'll follow up with more information. And don't forget to catch our live panel with Sift’s Kevin Lee and Turo’s fraud experts, Ceri Hunt and Ben Smith, for a discussion on first-party fraud and refund scams. #MRC #MRCAmsterdam #FraudPrevention #DigitalTrust
-
It's the end of the week, which means another #FIBRFriday, where we share insights from our Fraud Industry Benchmarking Resource, FIBR. Last week we talked about the increase in adoption of 2FA across businesses and industries in Sift's Global Network, and the shift in consumer sentiment toward MFA. Today, we're showing you which industries had a higher (or lower) than average 2FA rate in Q2 2023 to Q2 2024, according to FIBR. Do any of these industry trends surprise you? Share your thoughts in the comments. 📌 Check out our latest Digital Trust Index report for more FIBR findings: https://buff.ly/3B1XgNS 🔗 And remember that FIBR is interactive, explore the tool yourself to compare to explore fraud benchmarks: https://buff.ly/3K7l9ES #FraudPrevention #FraudTrends #Fraud #FraudRates #2FA #MFA #AccountTakeovers
-
Headed to the MRC | Merchant Risk Council conference in Amsterdam? Register now to get some 1-1 time with our team, see a demo of our AI-powered fraud platform, or RSVP to our exclusive networking dinner: 📍 https://buff.ly/4dEcvu8 🎤 And don't forget to join Sift’s Kevin Lee, along with fraud experts Ceri Hunt and Ben Smith from Turo for a live panel on tackling first-party fraud and refund scams on *October 15* at 11:30 EET! #MRC #MRCAmsterdam #FraudPrevention #DigitalTrust
-
It may be hard to believe, but the holiday season is fast approaching. For businesses, this means increased sales volume, changing consumer spending patterns, and -- unfortunately, a spike in fraud. Join Sift fraud experts Alexander Hall and Kevin Lee on *OCT 20* for a webinar designed to help fraud, finance, and customer ops teams gear up for the season. Register now to learn actionable strategies to help your team navigate the season smoothly: ➡️ https://buff.ly/3N9tjy5 #FraudPrevention #HolidayFraud #DigitalTrust #FraudExperts
-
We love working with customers like Patreon to ensure secure experiences for their users and help them focus on what's important to their business -- connecting creators with their fans. #FraudPrevention #CustomerSuccess #CustomerStories
-
🏆 We're delighted to share that Sift has been named the 'Best Payments Solution - Fighting Fraud' by FinTech Futures' PayTech Awards USA! The annual PayTech Awards spotlight groundbreaking innovations, leadership, and contributions to the payment technology sector – learn more here: https://buff.ly/3XMyIA4 #PayTechAwardsUSA #Winner #Award #fraudprevention #payments
-
🍂 Fall is officially here, and so are G2's Fall 2024 Reports! 🏆 We’re celebrating Sift earning the top spot in all fraud prevention categories in G2’s Fall 2024 Reports, including Fraud Detection, Risk-Based Authentication, and E-commerce Fraud Protection! We also earned a total of 30 badges. As always, a *big* thank you to our customer community for sharing hundreds of thoughtful and valuable reviews. Curious about how Sift drives growth for businesses with our AI-powered fraud solution? 🔗 Check out our customer stories: https://buff.ly/3ZHxwkg #FraudPrevention #FraudDetection #G2 #G2Leader #CustomerSuccess #CustomerCommunity #AIPowered #GrowFearlessly
-
We're back with another #FIBRFriday, where we share insights from our Fraud Industry Benchmarking Resource, FIBR. Today we're looking at the adoption of 2FA (two-factor authentication), especially as a reaction to the increasing threat of account takeovers (ATO), thanks to data breaches and the accessibility of stolen credentials. - FIBR data in our latest Digital Trust Index showed a ⤴ 21% increase in the average 2FA rate across the Sift Global Network. - The ticketing industry, in particular, saw a ⤴60% increase in the 2FA rate, demonstrating that companies are taking additional security measures to protect their customers. - And consumers appear to be more open to using MFA (multi-factor authentication). Over half of consumers surveyed by Sift said they’d be more likely to use a website or app if prompted to use MFA to log into the account. 📌 Check out our latest report on ATO for more FIBR findings: https://buff.ly/3B1XgNS 🔗 And remember that FIBR is interactive, give it a try to compare fraud benchmarks: https://buff.ly/3K7l9ES #FraudPrevention #FraudTrends #Fraud #FraudRates #ATO #AccountTakeovers #ConsumerSurvey