Riskive, the Social Risk Management company, today unveiled FriendGuard, a free app that leverages advanced math and science to protect individuals and families against social identity theft and malware attacking their social accounts.

According to Riskive data, cybersecurity attacks have increased by 700% in the past year with more than 90% of hacks leveraging social media platforms.

FriendGuard is the first consumer-facing product developed by Riskive, which earlier this year secured funding to protect users and organizations against social-based cyber threats. Riskive is backed by Genacast Ventures (a fund in partnership with Comcast Ventures), Core Capital and multiple prominent angel investors.

“We are proud to announce the immediate availability of FriendGuard to protect families and everyone at risk from social network cyber threats,” said James C. Foster, CEO of Riskive. “The data our team compiled throughout this year demonstrates the severity of a silent, yet very dangerous threat assaulting the safety of our personal information online.”

SOURCE: darkreading.com