SpyCloud has launched SpyCloud VIP Guardian to prevent workplace fraud and account takeover to the personal accounts of employees, board members and investors, the company announced Tuesday.
"Most people don't realize just how often their passwords end up in the hands of criminals or how those passwords can be used to access other accounts that they think are safe," said Chip Witt, vice president of Product Management at SpyCloud. "With SpyCloud VIP Guardian, we are extending our world-class account takeover prevention platform to personal accounts to protect important data on every front."
SpyCloud VIP Guardian will secure online identities by integrating enterprise-grade tools, without exposing private data to organizations. If personal credentials are exposed in a data breach, employees will be notified quickly to reset passwords, which will prevent account takeover and online fraud before it occurs.
The company’s solution will also provide organizations with increased visibility and control of their online identities by alerting them to new breach exposures tied to their personal accounts, enabling them to protect themselves both at work and at home.
In addition, SpyCloud VIP Guardian will close security gaps, outside of corporate control, by enabling employees to secure vulnerable personal accounts, as well as educate executives with sensitive access to corporate resources about password security.
The new solution will enable companies to protect executive accounts without compromising privacy. Executives' personal information such as email addresses, passwords or personally identifiable information are not accessible to the organization.
About SpyCloud
SpyCloud is the leader in account takeover (ATO) prevention, protecting billions of consumer and employee accounts either directly or through product integrations. Our award-winning solutions – backed by the world's most comprehensive and actionable repository of exposed assets – proactively defeat fraud attempts and disrupt the criminals' ability to profit from stolen information.
