Arkose
Labs, the leading provider of advanced fraud prevention
technology for the world’s most targeted enterprises, today announced
the addition of Reed Taussig to its Board of Directors. With more than
30 years of experience in fraud prevention, Taussig will leverage his
industry knowledge to strengthen sales and marketing, provide guidance
on key initiatives and support upcoming plans for growth.
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Reed Taussig appointed as Arkose Labs’ newest member of the company’s Board of Directors (Photo: Business Wire)
The appointment of Taussig strategically positions Arkose Labs for
future growth and long-term success by firming up a strong Board of
Directors with specialized experience and demonstrable successes in the
fraud prevention space. As the newest member, Taussig rounds out
unprecedented early endorsement of Arkose Labs in the Information
Security industry, with 60 percent of the Board representing the
technology interests of the cyber security community from direct
previous experience; notable Arkose Labs board members include Jeremiah
Grossman, founder of WhiteHat Security and current CEO at Bit Discovery,
and Dafina Toncheva, partner at U.S. Venture Partners and lead investor
at both Kenna Security and Prevoty (acquired by Imperva).
“The rapidly expanding global economy is more and more reliant on
digital identities to support commerce and authentication. Synthetic
identities in the form of botnets and machine-created personas have
become a significant hindrance to online global commerce. Arkose Labs
has devised an effective, easy to deploy solution towards solving this
problem and stands behind that solution with real guarantees of
success,” said Taussig. “I am excited to be joining the board of Arkose
Labs and to be involved with one of the most innovative companies
dedicated to combating global online fraud in the industry.”
Taussig previously served as president and CEO at ThreatMetrix, guiding
the company to an $817m acquisition in 2018 by LexisNexis. Prior to
joining ThreatMetrix, Taussig was the president and CEO of Callidus
Software, where he led the company from its inception through IPO.
Taussig has years of experience scaling security companies and has sat
on several advisory boards, including Mitratech Corporation and Xactly
Corporation. Taussig currently sits on the Board of Directors for Got
It, Inc. and Worksmith.
“Taussig will be an incredible asset to Arkose Labs’ Board of Directors
as we continue to grow our footprint as a leader in the online fraud
prevention market,” said Kevin Gosschalk, CEO of Arkose Labs. “His
previous experience at ThreatMetrix and unparalleled insight into the
commercial sector of fraud prevention make him an ideal addition for our
Board, enabling Arkose Labs to focus on and invest in areas that best
resonate with the industry. We see the value in having a balanced Board,
where most members bring direct experience from the cyber security
community, and Taussig is joining a strong group of industry experts.”
The appointment of Taussig highlights a momentous six months for Arkose
Labs from PayPal’s
strategic investment, being nominated as a finalist
for RSA’s Innovation Sandbox Contest, winning MRC’s
Technology Award and announcing its partnership
with Okta to eliminate online fraud and abuse.
For more information on Arkose Labs and its online fraud prevention
system, please visit CNP Expo 2019 Booth #600 or www.arkoselabs.com.
About Arkose Labs
Arkose Labs is solving multimillion-dollar online fraud problems for
major global businesses in sectors including online marketplaces,
travel, banking, social media, ticketing and online gaming. Our
bilateral approach combines global telemetry with a proprietary
challenge–response mechanism to definitively classify unrecognized
requests as Authentic or Inauthentic. Arkose Labs is based in San
Francisco, Calif., with offices in Brisbane, Australia and Manchester,
N.H. For more information, visit www.ArkoseLabs.com or
on Twitter @ArkoseLabs.
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