Intelligent Identity Security Provider Sontiq Announces Acquisition of Fintech Breach Clarity

 

Sontiq, a U.S.-based intelligent identity security (IIS) provider, announced on Tuesday it has acquired data breach intelligence fintech Breach Clarity. Sontiq reported that through the acquisition, its products, IdentityForce, Cyberscout, and EZShield, will now have the proprietary capability, BreachIQ.

“BreachIQ analyzes more than 1,300 data points to curate a breach score based on the severity and risks of a publicly reported data breach. From a personalized perspective, BreachIQ combines the potential impact from multiple breaches involving an individual’s personal information. Then, it calculates the steps the individual has taken to mitigate additional breach exposure. From there, BreachIQ produces a proprietary, highly personalized risk score that is further updated with each breach incident.”

Also part of the acquisition, Breach Clarity Co-founder Jim Van Dyke will be joining Sontiq as Senior Vice President of Digital Financial Wellness. While speaking about the company being acquired by Sontiq, Van Dyke stated:

“With the integration of our artificial intelligence algorithm and risk expertise, Sontiq will provide clarity to millions of consumers around their individualized risk profile and the protective actions steps likely to have the greatest impact. In combination with personalized advice and recovery with Sontiq’s white-glove resolution experts, consumers have never been in better hands. We are excited to work with Sontiq’s team to deliver additional, innovative solutions in the coming months.”

BreachIQ is in market today for select Sontiq clients. A wider rollout will happen in second quarter of 2021.

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