Certifications Validate Socure is Committed to Meeting Key Regulations and Protecting Sensitive Information
on Feb 20, 2019
NEW YORK--(BUSINESS WIRE)--Socure, the leading provider of predictive analytics for digital identity verification, today announced its ID+ identity verification system has earned Certified status for information security by HITRUST.
HITRUST CSF Certified status demonstrates that the Socure ID+ identity verification platform has met key regulatory and industry-defined requirements and is appropriately managing risk. This achievement places Socure in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards and frameworks, and incorporating a risk-based approach, the HITRUST CSF helps organizations address these challenges through a comprehensive and flexible framework of prescriptive and scalable security controls.
“Safeguarding protected health information is a requirement for all organizations that process this data,” said Jason Cooper, owner and Managing Director of JGC Consultancy and a recognized healthcare industry expert. “With HITRUST CSF Certification for ID+, Socure demonstrates a solid commitment to healthcare information privacy, security and compliance.”
“Keeping protected healthcare information secure and private is not easy, which is why the HITRUST CSF is so important to us," said Tom Thimot, CEO of Socure. "This lets healthcare providers or any other company dealing with healthcare information know they can safely rely on Socure to meet their business needs and regulatory requirements."
The Socure ID+ digital identity verification service is used by more than 100 banks, lenders, brokers, payments providers, and enterprises worldwide to process and verify over 100 million consumer identities. It uses AI-based technology, to establish trust in online transactions. Socure ID+ provides an instant multi-dimensional view of digital identities, so organizations can automatically approve more digital transactions without manual review.
Socure is the leader in Day Zero digital identity verification technology. Its predictive analytics platform applies artificial intelligence and machine-learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real-time. The company has more than 300 customers across the financial services, gaming, telecom, and eCommerce industries, including three of the top five US banks, eight of the top 10 card issuers, three of the top MSBs, the largest payroll service, the second-largest retailer in the world, and over 100 of the largest and most successful fintechs such as Varo Money, Public, Chime, and Stash. Socure recently received numerous industry awards and accolades including being named “Best New Technology Introduced over the Last 12 months – Data and Data Services” at the 2020 American Financial Technology Awards (AFTAs), ranked number 70 on Deloitte’s Technology Fast 500™, being named a Gartner Cool Vendor, recognized by Forbes as one of the “Top 25 Machine Learning Startups to Watch,” listed to CB Insights: The Fintech 250, and awarded Finovate’s Award for Best Use of AI/ML, to name a few. For more information visit www.socure.com.