Spec is the only no-code orchestration platform that protects enterprise fraud defenses from being blocked, bypassed, and manipulated by modern attack tactics.SAN JOSE, Calif., Oct. 18, 2023 /PRNewswire-PRWeb/ -- Spec, a leading cybersecurity firm specializing in advanced fraud detection and defense, is thrilled to announce the successful closure of its $15M Series A funding round, marking a significant milestone in the company's journey. This funding round was led by SignalFire, with participation from Legion Capital, and Rally Ventures.From its beginnings as a "hello world" prototype during the early days of the pandemic, the Spec platform has advanced to invisibly protect enterprises processing billions in online transactions. Today, Spec's platform scans the entire customer journey, allowing for the identification of all threats and attacks, and then deploys active countermeasures, especially against the AI-powered attack tools that threaten to disrupt online businesses.This funding round will power Spec's continued growth and innovation. With this new investment, the company is poised to:Advance the Spec platform to deliver increased visibility and control over attack detection and exploit remediationExpand its threat labs, the R&D powerhouse that deconstructs the tools and tactics used by modern attackers and develop countermeasures that neutralize their impactCo-develop specialized products with partners that resolve the fraud problems that customers cannot fix with single point solutions"I'm excited about our continued partnership with SignalFire, who led this funding round," said Spec co-founder and CEO Nate Kharrl. "The firm's deep expertise in cybersecurity and AI at enterprise scale is a perfect match for our mission

AtData, today announced it has entered a strategic partnership with Spec. AtData's email intelligence data integrates with Spec's Trust Cloud platform to help customers stop fraud in its tracks.DEDHAM, Mass., May 1, 2023 /PRNewswire/ -- AtData, The Email Address Experts®, today announced it has entered a strategic without a need for engineering resources.SpecAtData provides Spec's customers with access to the most trusted email-centric fraud solution in the industry based on over 20 years of historical data, enabling businesses to identify malicious users hiding behind an email address. Spec's clients can us AtData to identify good and bad consumer behavior at the point of account creation, point of sale, and during account management, which helps them to prevent fraud downstream, alleviate transactional fraud, and detect account take-overs."AtData is thrilled to be partnering with Spec. Spec has built an incredibly powerful platform to fight fraud, and we have the dataset to help fuel it. Clients can put in their desired fraud detection processes at any point in the customer journey without a line of code. It's a win/win scenario for digital trust and safety teams everywhere." - Phil Davis, Chief Business Officer, AtDataPartnershipAtData aims to help Spec in its mission to empower businesses to outpace fraudsters and reward their users with instant trust

Spec’s attainment of these coveted and hard to obtain certifications support the Trust Cloud’s ability to provide enterprises with a journey-time orchestration platform that delivers secure, powerful customer experiences.Spec, the company behind the no-code Trust Cloud, announced that their platform has attained both SOC 2 Type II and PCI DSS Level 1 certification.The SOC 2 Type II report confirms that Spec adheres to the five Trust Services criteria: Security, Availability, Process Integrity, Confidentiality, and Privacy. In addition, Spec received its compliance for Payment Card Industry Data Security Standard (PCI DSS) Level 1 Certification. PCI DSS is a set of security requirements established by the PCI SSC to ensure protection of online payment forms and sensitive cardholder data. PCI DSS Level 1 Certification is the highest compliance level, ensuring the highest level of security.Marketing Technology News: 2023 … Will It Really Be Any Different? Yes, Yes It Will.External review of our platform by SOC 2 and PCI DSS auditors is one of the ways we embrace our commitment to the security, availability, and privacy our customers require.Spec’s Trust Cloud is shaping and optimizing customer experiences and core commercial flows, meaning it’s impossible to over-emphasize the importance of security on their platform. As hacks and data breaches continue to make headlines, no-code platforms must take important steps to secure themselves — and their customers — from modern threats. Spec’s attainment of these coveted and hard to obtain certifications support the Trust Cloud’s ability to provide enterprises with a trust platform that delivers secure, powerful customer experiences.“Security is our top priority at Spec