Vericept announces anti-fraud product aimed at identity theft problem

Vericept this week announced a software-based anti-fraud product that monitors the outbound IP-based communications of an enterprise in order to prevent loss of sensitive data that could lead to identity theft.

Vericept’s Identity Theft and Fraud Management software, which runs on a Linux server, passively scans ports on switches and routers to watch for about 60 categories of personal information, including social security numbers, driver’s licenses and date of birth. If the Vericept software sees suspicious activity in terms of this type of data leaving the organization via HTTP transfer, FTP, e-mail, instant messaging or peer-to-peer file-sharing, it notifies the security manager about it.

“It’s monitoring for the disgruntled employee, for example,” said Brett Schklar, Vericept’s senior director for marketing and product management.

The Vericept Identity theft and Fraud Management software, which would typically reside near a router and off a hub, can analyze most types of IP traffic for content (though not UDP traffic). The anti-fraud and identity-theft software is a module that can be used with Vericept’s Vericept 6.0 software that can scan to detect unauthorized transfer of corporate files and copyrighted information. Pricing starts at $9,500 .