Strategic Acquisition Enhances Comprehensive Compromised Password Monitoring Services

BOULDER, Colo.: Enzoic, a leader in identity threat detection and protection, today announced the acquisition of VeriClouds, a pioneer in compromised password data collection. This acquisition will unite the strengths of both companies, enabling Enzoic to deliver even more innovative solutions under its established brand.

The collaboration combines the top talent from both organizations, setting the stage for cutting-edge advancements in cybersecurity. Together, Enzoic and VeriClouds aim to redefine the compromised credential marketplace with deeper data insights and enhanced capabilities.

“The combination of Enzoic and VeriClouds is a strategic move that allows us to jointly leverage new capabilities and expand our reach. Together, we unlock deeper data and new possibilities that redefine the compromised credential marketplace. VeriClouds’ commitment to customer success will help drive us forward, ensuring that we deliver even greater value to all of our customers. We are delighted to be working with the VeriClouds team,” said Kristen Ranta Haikal Wilson, Cofounder & CEO, Enzoic.

The merger will enhance the threat intelligence services offered by both companies, integrating over 3,000 monitored sources from VeriClouds and additional data sources from Enzoic. This partnership will result in a comprehensive identity threat intelligence service, providing customers with more robust password and credential data.

“The acquisition of VeriClouds is a natural fit that allows us to deliver the most comprehensive compromised credential protection service in the market. By combining our innovative technologies and industry expertise, we’re not only enhancing our capabilities but also redefining how businesses secure their digital identities. Together, we’re disrupting the status quo, setting a new benchmark for the industry, and reinforcing our commitment to staying ahead of evolving security threats,” said Stan Bounev, CEO, VeriClouds

As the transition progresses over the next few months, both Enzoic and VeriClouds assure customers and partners that there will be no disruption to existing services. The organizations are committed to ensuring a smooth and seamless integration process.

For more information about Enzoic and its cybersecurity solutions, please visit www.enzoic.com.

For more information about VeriClouds, please visit www.vericlouds.com.

About Enzoic:

Enzoic is a Boulder, Colorado-based cybersecurity firm that specializes in safeguarding organizations against credential-based threats. By leveraging Dark Web intelligence, Enzoic provides robust solutions to combat account takeover (ATO), identity theft, and fraud. Our core focus is on proactive threat prevention through continuous monitoring and analysis of compromised credentials. Enzoic's suite of products enables businesses to implement actionable strategies to protect both employee and customer accounts from unauthorized access. As a privately held entity, Enzoic has established itself as a leader in credential screening and ATO prevention. Our solutions seamlessly integrate with existing systems, offering real-time protection without compromising user experience. By maintaining an extensive and constantly updated database of exposed credentials, Enzoic empowers organizations to stay ahead of evolving cyber threats and maintain compliance with industry standards.

About VeriClouds:

VeriClouds is a leading provider of credential monitoring and verification services, dedicated to helping organizations detect and mitigate the use of compromised credentials before cybercriminals strike. With one of the largest and most secure commercial data sources of compromised credentials, VeriClouds leverages the same data used by attackers, continuously monitoring the dark web and underground forums for exposed information from breaches, phishing attacks, and malware. Through seamless native integrations with popular security platforms and proprietary APIs, VeriClouds verifies every user login in real-time, tackling the root cause of major data breaches: weak or stolen credentials.

Fonte: Business Wire