Socure Achieves Critical Milestone with FedRAMP Authorization
Introduction
Socure, a leader in digital identity verification powered by artificial intelligence (AI), has marked a significant achievement by obtaining a 'Moderate' authorization under the Federal Risk and Authorization Management Program (FedRAMP). This newfound capability enables Socure to offer its cutting-edge identity verification solutions to federal agencies, assisting them in their fight against fraud and enhancing online service delivery.
The Importance of FedRAMP in the Modern Digital Landscape
In the current landscape where services are increasingly moving online, the need for secure and efficient identity verification has never been more critical. The General Accountability Office (GAO) acknowledged in its 2025 update that improper payments and fraud significantly burden government programs, creating an urgent need for innovative solutions. Socure’s FedRAMP authorization signifies its commitment to providing tools that not only minimize fraud but also ensure smoother access to services for citizens.
SocureGov: A Game Changer for Federal Agencies
Socure’s platform, known as SocureGov, stands out as an all-in-one solution that encompasses advanced digital identity verification and fraud prevention capabilities. The platform integrates AI and machine learning to analyze digital identities in real-time, allowing federal agencies to verify identities and bank accounts accurately while proactively preventing fraud before it happens.
One of the standout features of SocureGov is its automated identity verification processes, which have proven to be highly effective. For instance, the platform boasts an auto-approval rate of 99% for mainstream populations and a 94% rate among hard-to-identify groups such as Gen Z and new immigrants. This performance outshines traditional providers, often managing only a 65-75% verification rate across the adult U.S. population.
Moreover, Socure’s technology tackles the issue of identity fraud with remarkable efficiency, capturing an impressive 99% of third-party fraud in just the highest-risk users while conventional providers only manage to prevent 40-55% of such attacks.
Reducing Costs and Streamlining Processes
One of the critical advantages of SocureGov is its fully automated identity verification process. Unlike legacy systems that necessitate manual reviews and often prolonged verification times, Socure’s platform offers responses in milliseconds, resulting in reduced operational costs and a smoother user experience. Traditional providers can take weeks for identity verification, sometimes requiring in-person visits, but Socure’s approach eliminates these hurdles.
For the rare cases that cannot be automatically verified, Socure incorporates predictive analytics to streamline the process for the remaining 1% of populations requiring additional checks. This dual automated and human-like approach enhances the overall inclusivity of government services, ensuring that no demographic is left behind.
Remaining Agile in a Fast-Changing Environment
As government initiatives increasingly lean on online services, Socure is well-positioned to lead the charge in protecting against identity fraud. The recent FedRAMP authorization alleviates the traditionally cumbersome security review processes federal agencies face when implementing new cloud solutions. Additionally, Socure is also recognized on the GovRAMP Program's Authorized Product List, confirming its adherence to vital regulatory and industry-defined standards.
Closing Thoughts
Jordan Burris, Head of Public Sector at Socure, highlighted the critical juncture at which identity and fraud prevention now stands. With cyber adversaries continually evolving, Socure’s FedRAMP authorization equips government entities with the technological prowess necessary to safeguard taxpayer resources effectively. This advancement is not just about technology; it’s about fulfilling the responsibility to protect American citizens and streamlining their access to essential services.
Socure continues to demonstrate its commitment to innovation within the field of digital verification, showcasing its capabilities through service to over 34 state agencies and three federal agencies. By implementing Socure's solutions, the government stands to save billions while enhancing the efficacy of its operations and bolstering public trust in digital services.
For more details about Socure and its pioneering solutions, visit
www.socure.com.