Verint® Systems Inc. (Nasdaq: VRNT) today announced that its Identity Authentication and Fraud Detection™ solution received a gold honor in the 13th Annual Info Security Products Guide Global Excellence Awards® and specifically in the “authentication solution (multi, single or two-factor)” category of this year’s program. The Global Excellence Awards are designed to recognize extraordinary achievement in products and practices that help protect today’s organizations from data breaches.

Verint Identity Authentication and Fraud Detection applies recorder-embedded passive voice biometrics technology with multifactor metadata analytics to screen calls against the databases of both customer and known fraudster voiceprints. The combined solution helps authenticate legitimate customers faster, while identifying suspicious fraudster call behavior, therefore delivering the dual benefit of helping improve customer experiences and helping organizations reduce call handling costs and fraud-related losses.

“We’re delighted to be named a gold winner in the authentication category of this year’s program. There’s no question that fraud and risk associated with data and security breaches is a serious and growing issue that both consumers and organizations face,” says John Goodson, SVP and general manager, products, Verint. “Solutions designed specifically to counter these issues continue to be an area of strength for Verint, and we are pleased to be working with customers around the world to help safeguard their businesses and their customers’ assets.”

About Info Security Products Guide

Info Security Products Guide plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow's technology today, best deployment scenarios, people and technologies shaping info security and market research reports that facilitate in making the most pertinent security decisions. The Info Security Products Guide Global Excellence Awards recognize and honor excellence in all areas of information security. To learn more, visit www.infosecurityproductsguide.com and stay secured.

About Verint Systems Inc.

Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, more than 10,000 organizations in approximately 180 countries—including over 80 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2017 and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

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