Company: Pindrop Security
Tech Sector: Security
Key Product: Prevents Phone-Based Fraud
Pindrop Security was named one of the 10 Most Innovative Companies at the 2012 RSA conference. The Atlanta, Ga.-based company's acoustical fingerprinting technology detects fraudulent calls and authenticates legitimate callers. Pindrop claims its technology is the first to "fingerprint" individual phone calls.
In detecting fraud, the company's caller-ID product identifies key attributes of any phone call, including the device, call path and geographic point of origin. Pindrop technology extracts the acoustical fingerprint and analyzes it either through software as a service or on-premise software. Beside authentication and fraud detection, features in the company's product include reporting and workflow management. Pindrop customers are in the financial services, telecommunications, healthcare and online retail industries.