MIAMI--(BUSINESS WIRE)--Easy Solutions®, the Total Fraud Protection® company, today announced that Cybersecurity Ventures has ranked Easy Solutions number five on its the Cybersecurity 500, a directory of the 500 hottest and most innovative cybersecurity companies to watch in 2015. The company was also the top-ranked electronic fraud protection company.
"Easy Solutions caught our attention with their multi-layered electronic fraud protection solution which runs across all devices, the only one of its kind," said Steve Morgan, founder and CEO of Cybersecurity Ventures. "Easy Solutions has been on the Inc. 500 and the Red Herring 100, and we are pleased to have them on the Cybersecurity 500," added Morgan.
According to the Q1 Cybersecurity Market Report, security spending within the financial sector has already increased or is projected to increase over the next several years. Firms such as JPMorgan Chase & Co is likely to double spending to $250 million annually within five years and consulting firm PwC (PricewaterhouseCoopers) will reportedly increase its cybersecurity spending by $2 billion over the next two years. Additionally, Citigroup Inc.’s cybersecurity budget has already risen to more than $300 million, and Wells Fargo is now spending $250 million annually on cybersecurity.
“We are honored to be recognized as the top-ranked electronic fraud protection company in the Cybersecurity 500,” said Ricardo Villadiego, CEO of Easy Solutions. “Total fraud protection has become of critical importance given such well-publicized and damaging attacks against some of the worlds most recognized and trusted brands. Our unique and comprehensive multi-layered approach to stopping fraud across all devices and channels is helping financial institutions and enterprises fight today’s most sophisticated threats.”
Companies making the Cybersecurity 500 were selected based on a combination of factors including feedback from CISOs and end-user security practitioners, as well as other news and event sources. The directory is intended to serve as a useful guide to CISOs, risk and fraud prevention managers, security decision makers, and recommenders in finding specific types of solutions from the most innovative Cybersecurity companies in the industry.
ABOUT EASY SOLUTIONS
Easy Solutions is a security vendor focused on the comprehensive detection and prevention of electronic fraud across all devices, channels and clouds. Our products range from fraud intelligence and secure browsing to multi-factor authentication and transaction anomaly detection, offering a one-stop shop for end-to-end fraud protection. The online activities of over 70 million customers at 240 leading financial services companies, security firms, retailers, airlines and other entities in the US and abroad are protected by Easy Solutions Total Fraud Protection® platform.