buguroo honored with 2018 CyberSecurity Breakthrough Award

Posted by buguroo - 25/10/2018

buguroo's bugFraud has been recognized with Fraud Prevention Product of the Year

buguroo, a leading online fraud prevention and cyber security leader with 10 years of experience in cybersecurity for the banking sector internationally, today announced that it has been named the winner of the “Fraud Prevention Product of the Year” award from CyberSecurity Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global information security market today.

2018_CyberSecurity_Breakthrough_Awards_buguroo logo_bugFraud

“Winning a CyberSecurity Breakthrough Award for two years in a row is certainly a worthy accomplishment and we are excited to once again recognize buguroo for their innovation in the area of fraud prevention, and,” said James Johnson, managing director, CyberSecurity Breakthrough.

“The company continues to progress its bugFraud product, with Deep Learning and advanced capabilities that provide a modern and compelling fraud prevention solutions. Congratulations to the entire buguroo team on their well-deserved industry recognition and we look forward to seeing continued success for the company in the future.”

The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security and many more. This year’s program attracted more than 3,000 nominations from over 14 different countries throughout the world.

priva_cyberbreakthrough_award_2018
Pablo de la Riva, CEO & founder at buguroo

“It is a huge satisfaction to buguroo receive this prestigious award for the second year in a row. This is further proof that we are on the right track and we are working in an ascending line. Being chosen Fraud Prevention Product of the Year 2018 means that we are getting closer to our clients a philosophy of protection against cyber attacks with a holistic and non-intrusive point of view that allows, at the same time, to comply with quality regulations.", said Pablo de la Riva, CEO and founder, buguroo.

bugFraud aims to be the most comprehensive solution to prevent online fraud based on a frictionless and agentless approach. Its holistic view includes several sources to find any suspicious pattern on user's behavior and their environment. bugFraud’s unique user-centric vision where each user owns a single Deep Learning model perfectly adapted to recognize himself/herself, allow our customers to profile fraudsters who usually changes their targets. It is not something related with you are good or bad, is much more, something related with Identity proofing and how to catch the fraudster making invisible relationships between our customers.

 


About Company

buguroo originated 10 years ago and today, global banks and financial institutions use buguroo to detect new online cyberattacks.

The company’s Deep Learning and advanced neural networks together with world-class team of cybercrime experts makes buguroo a first-class product to reduce online banking fraud. Every month, the buguroo monitor more than 10 millions of users. As a result, buguroo was named a “Cool Vendor” in 2016 by Gartner, Inc. for its buguroo bugFraud solution.

 

About CyberSecurity Breakthrough

Part of the Tech Breakthrough Awards organization, the CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people. The CyberSecurity Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more. For more information visit www.CyberSecurityBreakthrough.com

Topics: cybersecurity, award, acknowledgement

 

 

Deep Learning for Online Fraud Prevention


recent posts

BUGUROO LAUNCHES THE NEW FUNCTIONALITY FRAUDSTER HUNTER, UNIQUE ON THE MARKET, THAT ALLOWS IDENTIFYING AND BLOCKING THE FRAUDSTERS PRESENT IN THE ONLINE BANK CHANNELS

read more

buguroo at MoneyLIVE Spring 2019

read more

buguroo at 2nd Annual Fraud and Financial Crime Europe 2019

read more