News

Insights and company news

Cybercrime is low risk, low investment, and high return. Not surprisingly, illegal financial gain is one of the biggest reasons for cyber-attacks. The result is a predicted USD 10 Trillion of damages by 2025. Our vision is to change that.

Crypto, Web3 and Metaverse – Helping overcome the negative

Written by @Rob.Tharle, CYBERA’s Head of Product. For the last year or so, an average week in Crypto would see an estimated $10M in hacks and $6M from phishing attacks – ranging from the basic social media compromises to much more complex tailored attacks, such as gas reward manipulation.  But it’s hardly been an average […]

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FedNow – Real Time Payments & Real Time fraud for all

The US already has RTP, Zelle and Venmo, to provide real time payments, but in just over 6 months, FedNow will join the party with discounted fees when it launches. This is great for mid-size and small banks and for their customers, to be able to receive the benefits of real time payments. However, it will come at the cost of higher level of fraud and scams.

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Why the UK will soon be the best placed to be a victim of Scams – Will other regulators follow?

At the end of September, the UK's payments Services Regulator (PSR) put forward a consultation regarding mandatory refunding of Authorised Push payment (APP) frauds/scams for all Payments Service Providers (PSPs) using two key payment rails. It is clear this provides another step change in fraud regulation in the UK.

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Money Mules – Why we must double down on mule prevention

The focus on money mules is increasing globally, as cases of payments fraud and scams continues to grow fast. Its not just the UK and US, but across Europe, Middle East and APAC.

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Instant Payments in Switzerland: Managing the new fraud threat landscape

The rise of instant payments systems and schemes across the globe continues at pace, with Switzerland on track to join the ever growing group in 2024. Based on the ISO20022 messaging standard, the Swiss modernisation plan will provide instant payments for the mass market, as well as corporates. It builds on the current Real Time Gross Settlement (RTGS) system, and Peer to Peer (P2P) payment apps such as TWINT.

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CYBERA announces $5M equity injection to scale category-defining solutions fighting cybercrime

Watchlist & quick-response mechanism provide missing link to financial institutions, crypto businesses, law enforcement and victims worldwide. CYBERA has already identified 2000 problem accounts and helped to freeze hundreds of thousands of dollars linked to cybercrime

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Best Fraud Protection Services

Cybernews rates CYBERA as one of the best fraud protection services.

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Authorized Frauds & Scams

Written by @Rob.Tharle, CYBERA’s Head of Product. The UK has some of the most stringent financial regulations regarding fraud and scams in the world. For unauthorized frauds, this stems from the European payment regulations, PSD1 & 2. However, it’s a leading light on authorized frauds or scams. This is partly because of the very high level of authorized fraud in the UK (£583.2m in 2021).

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Donors get scammed

by Nicola Staub, CEO and Co-Founder Donors beware: cybercriminals are setting up fake crypto addresses targeting people who want to send money to Ukraine. It is natural to want to support Ukraine in this unprecedented crisis.

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Eco Talk: Financing cyberwar

The war in Ukraine is also being fought in the digital space. There is a great fear of cyber attacks on critical infrastructure, for example in the energy supply sector. What role does cyberwar play in the current conflict? How well is Switzerland protected against attacks? And how well are Swiss companies prepared for the new challenges?

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Word Economic Forum Risks21 report

Ranking #4 biggest risk facing humanity after covid-related risks and extreme weather is cybercrime. ‘As more of our lives move online, cyberattacks will become more destructive, triggering huge financial losses’. Together with our partners and clients, our mission is to disrupt financially motivated cybercrime. It is more important than ever. Join us to fight back.

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Handelszeitung features CYBERA

Switzerland’s leading weekly business newspaper “Handelszeitung”, prominently featured our company’s exciting story. The article takes a deep dive into how CYBERA is fighting back against cybercrime.

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