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Leading Exchange Company
Securing Online Money Transfers and Remittances with Real-Time Fraud Prevention
Background
Industry
Company Size
Unique Challenges
- Fraud Prevention
Fraudsters frequently send fake messages, tricking recipients into believing they’ve won large cash prizes. These scams aim to extract personal and financial information, potentially leading to unauthorized access to customer accounts and financial losses. - Data Security
Safeguarding customer data, including sensitive credit card information, is a top priority. Implementing robust security measures is crucial to preventing data breaches and unauthorized access. - Regulatory Compliance
Ensuring adherence to anti-money laundering (AML) and counter-terrorism financing (CTF) laws while navigating complex financial regulations across multiple jurisdictions.
How Cyble Helped
Fraud Prevention:
Cyble provided actionable threat intelligence to identify and mitigate fraud attempts in real-time, preventing the compromise of customer accounts. By proactively detecting leaked credit card data on dark web forums, the company significantly reduced unauthorized transactions.
Data Security:
With Cyble Vision, the company could monitor for threats targeting sensitive customer information, addressing vulnerabilities before they led to breaches.
Regulatory Compliance:
Cyble’s deep web monitoring capabilities ensured compliance by alerting the organization to emerging risks, helping align security strategies with AML and CTF regulations.
Results
- Fraud Mitigation: Reduced phishing and fraud success rates by over 40%.
- Customer Trust: Strengthened customer confidence by securing sensitive financial information.
- Operational Efficiency: Enhanced ability to respond quickly to emerging threats.
Empower your payment security with the ultimate threat intelligence solution. Secure your operations—Schedule a Demo today!
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