# OneSpan Joins the National Cyber Security Alliance on Data Privacy Day
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2019-01-29
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: OneSpan Launches Innovative Tools for Data Privacy and Trust Online
Meta Description: Learn how OneSpan is leading the charge in data privacy and trust online through innovative solutions like Intelligent Adaptive Authentication and Risk
URL: https://financedigest.com/onespan-joins-national-cyber-security-alliance-data-privacy-dayhtml

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/onespan-joins-the-national-cyber-security-alliance-on-data-privacy-day-1736839192499-compressed.jpg)

_OneSpan developing new tools to safeguard privacy, data and trust online_

OneSpan (NASDAQ: OSPN), a global leader in software for trusted identities, e-signatures and secure transactions, today announced it has joined the National Cyber Security Alliance as a Champion of Data Privacy Day, an annual, international effort to raise awareness about the importance of respecting privacy, safeguarding data and enabling trust. As a Champion, [OneSpan](https://www.onespan.com/) takes responsibility for being a conscientious steward of personal information while also developing new tools to fight data theft.

![Scott Clements](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/scott-1736839192476-compressed.jpg)

Scott Clements

Two new cloud-based solutions from OneSpan, [Intelligent Adaptive Authentication](https://www.onespan.com/security-products/tid-platform/adaptive-authentication) and Risk Analytics, act to safeguard and help stop the abuse of previously stolen data. With data as today’s currency, stopping its fraudulent use devalues it and removes the incentive for its use by fraudsters for [application fraud](https://www.financedigest.com/using-email-intelligence-to-help-combat-insurance-application-fraud.html "Using Email Intelligence to Help Combat Insurance Application Fraud") and identity theft.

According to the Verizon 2018 [Data Breach](https://www.financedigest.com/amazons-twitch-blames-configuration-error-for-data-breach.html "Amazon’s Twitch blames configuration error for data breach") Investigations Report, the leading cause of data breaches are attacks against identity. As the rate and severity of data breaches increases, OneSpan is taking an active role in helping financial institutions protect their customers against fraud using ID verification, mobile security, intelligent adaptive authentication and risk analytics to accurately detect known and emerging fraud and assign trust to users, devices and transactions across [digital channels](https://www.financedigest.com/gamers-spend-twice-as-long-viewing-intrinsic-in-game-ads-compared-to-other-digital-channels-reveals-new-research-from-lumen-and-anzu.html "Gamers Spend Twice As Long Viewing Intrinsic In-Game Ads Compared To Other Digital Channels, Reveals New Research From Lumen and Anzu").

“Passwords and [personal identifiable information are almost guaranteed to be exposed in ever increasingly sophisticated and frequent data](https://www.financedigest.com/data-privacy-and-navigation-how-our-personal-data-is-used-in-navigation-apps.html "Data Privacy and Navigation: How our personal data is used in Navigation Apps.") breaches,” said OneSpan CEO, Scott Clements. “It’s more important than ever to secure and protect the entire [digital customer](https://www.financedigest.com/the-cervical-total-disc-replacement-market-to-grow-based-on-customized-digitization.html "The Cervical Total Disc Replacement Market to grow based on customized digitization") journey, and the data captured within, by taking a layered approach to security. This helps capture and analyse [multiple complementary authentication factors and correlational data](https://www.financedigest.com/how-to-navigate-multiple-data-privacy-regulatory-frameworks.html "How to navigate multiple data privacy regulatory frameworks") to establish trusted identities, devices and transactions. This is how we help our global [banking customers](https://www.financedigest.com/uk-banks-told-to-reimburse-customers-tricked-by-scams.html "UK banks told to reimburse customers tricked by scams") – by making it harder for cybercriminals to capture data and commit fraud.”


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