U.S. markets close in 2 hours 32 minutes
  • S&P 500

    3,767.44
    -15.84 (-0.42%)
     
  • Dow 30

    30,105.24
    -168.63 (-0.56%)
     
  • Nasdaq

    11,140.29
    -8.35 (-0.07%)
     
  • Russell 2000

    1,758.02
    -4.68 (-0.27%)
     
  • Crude Oil

    88.34
    +0.58 (+0.66%)
     
  • Gold

    1,721.60
    +0.80 (+0.05%)
     
  • Silver

    20.68
    +0.14 (+0.66%)
     
  • EUR/USD

    0.9814
    -0.0071 (-0.72%)
     
  • 10-Yr Bond

    3.7990
    +0.0400 (+1.06%)
     
  • GBP/USD

    1.1168
    -0.0154 (-1.36%)
     
  • USD/JPY

    144.9420
    +0.3320 (+0.23%)
     
  • BTC-USD

    20,141.49
    -120.00 (-0.59%)
     
  • CMC Crypto 200

    458.18
    -4.95 (-1.07%)
     
  • FTSE 100

    6,997.27
    -55.35 (-0.78%)
     
  • Nikkei 225

    27,311.30
    +190.80 (+0.70%)
     

Allure Security Licenses Deepfake Image Technology Developed by CTM Insights

·3 min read

Advanced image-fingerprinting technology has dramatic accuracy in detecting deepfake photos and websites even if images have been altered

NEW YORK, August 16, 2022--(BUSINESS WIRE)--Allure Security, the fastest, most accurate online brand protection-as-a-service solution, announced they will integrate unique image checking technology developed by cybersecurity research lab and incubator CTM Insights. Augmenting Allure Security’s array of machine learning algorithms focused on routing out online brand impersonation attacks with CTM Insights’ technology will further enhance Allure Security’s ability to find more fake websites, social media accounts and mobile apps earlier than competing alternatives.

"Our patent pending approach helps solve the growing problem of deepfakes that are becoming more disruptive to society," said Lou Steinberg, founder and Managing Partner of CTM Insights and former Chief Technology Officer at TD Ameritrade. "We are able to check to see if a photo is a known ‘bad’ image even if the image was changed. While Allure Security is licensing the software to detect fake websites, the core of this technology can be used to combat other issues like child pornography and fake news."

Consumers are often tricked by phishing emails that take them to a fake website that steals log-in credentials, payment data, or other personal information. This can result in identity theft and fraud, costing billions of dollars at e-commerce sites and financial institutions around the globe. Images on the fake websites sometimes have minuscule changes to confuse automated detection engines. The high-performance technology developed by CTM Insights showed 97% accuracy in real-world testing, even with changed images.

"Bad actors know how to work around existing systems by changing image fingerprints so they can go undetected," said Josh Shaul, CEO of Allure Security. "We were impressed by the performance and accuracy of this approach, which helps our customers stay one step ahead."

Regulators, like Ofcom in the UK, have already told tech firms they need to do a better job of combating deepfakes or risk fines. "We think more global regulators will demand better solutions that can combat the growing problem of deepfakes," added Steinberg.

About CTM Insights

CTM Insights is a cybersecurity research lab and incubator founded by Lou Steinberg, a technology executive with over 35 years of experience in developing leading operational risk strategies. Prior to CTM, Steinberg served for six years as the CTO of TD Ameritrade where he was responsible for technology innovation, architecture, engineering, operations, risk management and cyber security. CTM invests in radically new approaches to solve some of the hardest problems in cyber, licensing their portfolio of innovations and providing seed funding to launch start-up companies.

About Allure Security

Allure Security protects brands by finding and stopping online brand impersonation attacks before customers fall victim. Our patented, artificial intelligence-powered engine automates the analysis of tens-of-millions of websites, apps, and other online content to find more spoofed websites, social media accounts, and mobile apps more quickly and with greater accuracy than legacy approaches. Allure Security’s unique, multi-pronged approach to response – blocklisting, decoy data, and takedown – also significantly reduces the lifespan of a scam and the damage it can do.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005593/en/

Contacts

Media contact:
Deborah Kostroun
deborah@zitopartners.com
201-403-8185