Overview

Terbium Labs was founded on a simple yet sobering reality: critical data will always be at risk, and data breaches are inevitable. Considering that 85% of breaches are detected by a third-party, and the average breach takes more than 200 days to discover, identifying data breaches quickly and privately is imperative to business.

Private citizens are also beginning to feel the strain of increased fraud activities and data breaches. Individuals whose payment card data was exposed in a data breach were three times more likely to become victims of identity fraud. The proportion of breach victims who become fraud victims rose to 31.7% in 2017.

Discovery of critical data breaches needs to be faster and more efficient to avoid fraud, limit damage, and ultimately deter criminal activity. Terbium Labs has answered the call with Matchlight, giving organizations of all sizes an unprecedented ability to continuously monitor the dark web for their lost or stolen data.

Matchlight is the world’s first fully private, fully automated dark web data intelligence system. It uses a patented data fingerprinting technology and sophisticated collection infrastructure to privately monitor its users’ most sensitive information without ever needing to access or store it. It shortens breach detection times to minutes and brings data breach detection inside the organization, allowing customers to quickly and privately identify and counter information theft and fraud. Matchlight alerts users when and where fingerprints of their actual data appear online. The system works regardless of the type of breach – zero-day exploits, APTs, socially engineered attacks, or insider threats – and is complementary to an organization’s existing information security systems.

For these reasons, Matchlight is rapidly becoming a key technology in fighting online fraud and bringing data breach detection times down from months to minutes.