CYBERA, a leading provider of advanced reporting and prevention tools to combat scams and fraud today announced a partnership with Advocating Against Romance Scammers (AARS) a non-profit increasing awareness of romance scams to increase prevention.
As romance scams totaled $735m in 2022*, not including some of the financial grooming that will fall into the investment scams, it is vitally important to raise awareness to prevent further victims.
Kathy Waters, Co-Founder at AARS says, “Partnering with Cybera gives victims of romance scams more of a fighting chance to obtain justice. AARS is a federal nonprofit that provides education, advocacy, awareness, and resources on behalf of all online users in particular identity theft victims, scam survivors and their loved ones. Working together with Cybera will provide scam victims additional resources and support helping bring hope to romance scam victim recovery.”
This partnership will help victims being supported by AARS to report scams to maximise their chance of recovering funds. This data is utilised to assist financial institutions to stop further crimes from being successful.
“Collaborations are so important in this space as it is only by working together across financial services, law enforcement and non-profits that truly make a difference. Together with AARS we hope to reduce the number of victims and help increase the of funds repatriated to them,” says Nicola Staub, Co-Founder & CEO at CYBERA.
Both CYBERA and AARS share a common mission to help protect individuals from fraud and scams and reduce their impact. The partnership will enable an increase in the level of impact of both.
*FBIs IC3 Internet Crimes report for 2022, Confidence & Romance Scams
About Advocating Against Romance Scammers (AARS)
AARS was created to help bring awareness and convey how online romance scams have impacted the world today.
AARS dedicates its time and attention to those wanting to learn about online romance scams, and assists in directing scammed survivors and identity theft victims toward appropriate resources for justice and healing. It’s crucial that everyone online is aware of how scammers proceed and just as important for our lawmakers to understand.
About CYBERA
At CYBERA we’re on a mission to help protect customers from fraud and scams.
Partnering with leading non-profits, law enforcement and the financial sector to improve the customer experience and outcome for victims who have been subject to financially motivated cybercrime attacks. CYBERA’s unique approach to support victims of cybercrime enables unprecedented sharing of non-public cybercrime data within their ecosystem in real-time.
CYBERA is a high-growth global startup company with Swiss roots, headquartered in New York City, CYBERA has offices in Zurich and London.
