Vericept.

• Position: Fighting Fraud

Vericept, a provider of enterprise risk management solutions, has launched a fraud and identity theft solution designed to help companies safeguard valued customer data, including Social Security numbers, credit card information and other personal information, from internal and external threats. Based on the Englewood, Colo.-based company's patented advanced linguistics engine, this product analyzes all content of inbound and out-bound Internet traffic using pre-defined categories, enabling companies to immediately identify and terminate any activity that falls outside of a company's pre-defined acceptable use policy, including the communication of confidential consumer information.

Corporations are increasingly at risk for business disruption and brand compromise through a growing gap in traditional security solutions. But, says Vericept, these solutions "focus on ensuring that only 'trusted' users, or those with permission to view particular information, have access to that information. However, traditional solutions fail to address the 'trusted gap' challenge--when the right people do the wrong thing with confidential information, whether intentionally or unintentionally."

As information related to fraud or identity theft is detected by the Vericept solution, companies receive a "snapshot" of the entire communications chain, including the address of where the information was sent, allowing security administrators to identity the recipient of the compromised information. For instance, if a...