Individuals living in Latin America have been slower to take to mainstream banking. Culturally, there just doesn’t exist the same level of trust in banks and in digital channels to look after hard-earned money, as arguably exists throughout Europe and the USA. Instead, apart from the operations of larger businesses in the area, a large proportion of the population was used to conducting ...
Crooks never take a break – they’re always keen to commit crimes, keeping their eyes out for new opportunities and ways to swindle people. And this is exactly what we’ve been seeing over recent weeks, with the COVID-19 health crisis creating a proliferation of online fraud attacks.
While nations around the world are doing all that they can to lessen the impact of the coronavirus pandemic, fraudsters – true to form – have identified it as an opportunity to make money and are actively using COVID-19 as a way to cash.
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ABOUT THE COMPANY
buguroo provides a complete solution in the market for combatting online banking or financial services fraud. It identifies the highest number of customer identity theft and manipulation attacks, using Behavioral Biometry and Malware Detection to alert upon detection of any anomalous behavior during the entire customer session, including the opening of new fraudulent accounts.