As a leading developer of cybersecurity technologies that are used to investigate, prevent, and fight digital crime, Group-IB has been recognized with the Anti-fraud Project of the Year award at the 6th Regulation Asia Awards for Excellence 2023, which took place in Singapore on Tuesday, November 14, 2023.
This award recognizes exceptional projects that have contributed significantly to the fight against fraud and the protection of financial institutions and their customers from losses, including the use of innovative technology and collaboration with industry and regulators, in order to reduce fraud.
In a recent awards ceremony, Group-IB was recognized for its Cyber Fraud Intelligence Center Project, which was built on its proprietary Fraud Protection Platform. An innovative solution like this is used to monitor diverse data sets such as fingerprints of devices, IP addresses, malware signatures, and fraudster profiles as a first-of-its-kind. By aggregating anonymized data, it is possible to generate insights into fraud threats and patterns, simplify fraud detection, and disrupt the laundering of fraud proceeds through the analysis of such anonymized data.

Source prnewswire