Shape Security is a cutting-edge company specializing in fraud prevention and cybersecurity solutions for enterprises. The company leverages advanced technologies like artificial intelligence (AI) and machine learning (ML) to protect businesses from automated attacks and large-scale fraud. Shape Security's primary focus is on safeguarding web and mobile applications, as well as HTTP APIs, which are the interfaces that allow different software systems to communicate with each other.

Shape Security serves a diverse range of clients, including some of the world's leading brands. These clients span various industries but share a common need for robust security measures to protect their digital assets and customer data. For instance, the company’s solutions are deployed on more than 200 million iOS and Android devices worldwide, indicating its extensive reach and reliability.

Operating in the cybersecurity market, Shape Security addresses the growing threat of cyberattacks, which have become increasingly sophisticated and frequent. The company's business model revolves around providing comprehensive, bespoke (customized) security solutions tailored to meet the specific needs of each client. This includes the Shape AI Fraud Engine, Shape Enterprise Defense, and Shape DeviceID, among other tools.

Shape Security makes money through a subscription-based model, where clients pay for ongoing access to its suite of security solutions. This model ensures a steady revenue stream and allows the company to continuously update and improve its offerings to stay ahead of emerging threats. Additionally, Shape Security may offer consulting services to help clients implement and optimize their security measures.

In summary, Shape Security is a leader in the cybersecurity industry, offering advanced, AI-driven solutions to protect enterprises from fraud and cyberattacks. Its comprehensive and customizable approach ensures that clients receive the highest level of protection, enhancing their overall security posture and user experience.

Keywords: cybersecurity, fraud prevention, AI, machine learning, web protection, mobile security, HTTP APIs, enterprise solutions, subscription model, bespoke security.