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Mike Cook
Fraud, Identity, Authentication, Data Altruist
Professional Background
Mike Cook is a seasoned entrepreneur with an impressive track record spanning over 30 years across various sectors including financial services, wireless technology, cable, satellite, automotive, and subprime finance industries. His entrepreneurial spirit and innovative mindset have enabled him to build and grow several companies while concentrating on data breach solutions, fraud prevention, credit risk management, and compliance systems. Mike is particularly known for his consortium approach to developing applications that enhance security and risk management in financial contexts.
Throughout his career, Mike has demonstrated a commitment to advancing the fields of information security and fraud detection. He is the co-founder of ID Analytics, established in 2002, where he successfully transitioned the company from a concept-stage startup to a high-growth and profitable enterprise. ID Analytics has proudly served over 280 clients, including top-tier banks, credit card issuers, and mobile network carriers, and has positively impacted five million consumers. As the Chief Operating Officer at ID Analytics, Cook was responsible for the company's daily operations, overseeing critical areas such as InfoSecurity and Operations. Under his leadership, ID Analytics caught the attention of the industry and was ultimately acquired by LifeLock in 2012, marking a significant achievement in Cook's career.
In addition to his work with ID Analytics, Mike Cook was a pivotal member of the executive team that helped develop Consumer Credit Associates into what is recognized as the “fourth national credit bureau.” His efforts culminated in the successful sale of the company to FDR (now known as Innovis). He has since served in various senior management positions with notable companies such as Experian, Early Warning Services, and American Express, showcasing his versatility and adaptability in different organizational structures.
Cook's insights into data breaches and identity theft have established him as a thought leader in the industry. He provided Congressional testimony for the Veteran Affairs department concerning the significant impact of the May 2006 data breach, which affected an astonishing 26.5 million U.S. veterans—an event still recognized as the largest identity-level data breach in U.S. history. His extensive network of trusted relationships with customers, federal regulators, and privacy advocacy groups further demonstrates his commitment to improving security measures in financial services.
Education and Achievements
Mike Cook pursued his higher education at Texas State University-San Marcos, where he studied for a Bachelor of Arts (B.A.). His academic background laid a solid foundation for his extensive career in the financial services industry.
Among Cook's numerous accomplishments, he holds three awarded patents and has four patents pending, underscoring his position as an innovator in data security, fraud prevention, and identity management. He has authored multiple white papers, sharing his expertise and insights with the wider community. His contributions to the industry are highly regarded, and he is a sought-after speaker at conferences, where he shares his knowledge on pressing issues related to data breaches, fraud patterns, and identity theft.
As the Vice President of Commercialization for Fraud Solutions at Socure, Cook continues to leverage his experience to address the evolving landscape of identity verification and fraud prevention. His strategic roles with various organizations, including strategic advisor positions at Singular Key and SentiLink, along with his prior tenure as VP of Data Strategy, Identity, and Authentication at Early Warning®, showcase his breadth of expertise and commitment to driving innovation in identity management solutions.
Achievements
- Successful Co-Founder of ID Analytics: Instrumental in establishing ID Analytics as a key player in the financial services technology landscape, providing critical fraud detection and identity verification solutions to leading industry names.
- Congressional Testimony: Testified before Congress on data breach impacts and advocated for improved protective measures, showcasing leadership and commitment to public service.
- Current Contributions and Influence: As an active leader in the identity fraud solutions field, Mike is currently making significant contributions at Socure and other organizations, ensuring his expertise continues to shape the industry's future.
tags=[
fraud detection
financial services
entrepreneurship
data security
identity theft
patents
credit risk management
congressional testimony
ID Analytics
Socure
public speaking
innovator
Texas State University
technology
operations management
identity verification
consumer credit