Deal will help lower global fraud rates that have boomed in recent times – the cost to businesses is up from $12 billion in 2014 to $32.4 billion in 2020
As digital commerce continues to expand, businesses face increasing pressure to strengthen fraud prevention and compliance capabilities without adding friction to the customer experience. Traditional security measures are no longer sufficient on their own, as cybercriminals leverage more sophisticated tactics across banking, fintech, gaming, healthcare, and e-commerce environments. Organizations are increasingly turning to advanced analytics, behavioral monitoring, and real-time intelligence to identify threats before they result in financial losses.
The partnership between Cybertonica and Acuris Risk Intelligence reflects the growing importance of behavioral biometrics in modern fraud prevention strategies. By combining Cybertonica’s real-time behavioral analytics with Cybercheck’s cyber risk and dark web intelligence capabilities, the two companies aim to deliver a more comprehensive approach to detecting fraud, monitoring compliance risks, and authenticating users. The collaboration highlights how organizations are moving toward continuous, data-driven security models that can identify suspicious activity without disrupting legitimate customer interactions.
London, UK. 14 April 2021:The innovative risk management and fraud prevention company Cybertonica today announced its strategic partnership with Acuris Risk Intelligence (ARI), the independent data intelligence provider. The partnership will integrate Cybertonica’s cutting edge real-time behavioural biometrics platform with the Risk Intelligence flagship fraud product Cybercheck.
The combined solution offers a robust platform that brings together millions of data points and models for Cyber Risk and Compliance. Cybercheck will be joined by Cybertonica’s intelligent platform which has a proven track record in managing transactions and behaviour events for world-leading organisations. This move enables the two companies to open new markets to their combined product catalogue. Improving features and increasing usability for fintech, gaming, banking, ecommerce and payments businesses globally.
Acuris Risk Intelligence’s Cybercheck platform allows businesses and individuals to identify whether their company information, staff credentials, vendor or client details have been compromised by criminals or sold on dark web forums. The integration of Cybercheck with Cybertonica’s platform creates a powerful offering that cuts fraud and risk through real-time continuous behavioural data analysis and immediate alerts and analysis.
The joint solution is uniquely positioned to support various sectors from financial services to gaming and healthcare providers, offering them access to the latest data, analytics, actionable insights and automated alerts. Faster reaction times via Cybertonica’s intuitive interface enable clients to detect fraud and compliance risk and provide passive authentication for devices and users in real-time without intrusive methods or tools.
ARI’s customers will not be alone in benefiting from the deal. Cybertonica’s clients now will be able to utilise the new data models available through this partnership to make their businesses, systems and domains more reputable and secure. On the single interface users will be leveraging the established expertise in KYC, sanctions and other compliance areas along with in-depth dark web monitoring where ARI thrives.
Joshua Bower-Saul, CEO and Co-Founder of Cybertonica, commented: “Cybertonica’s innovative technology and frictionless approach to fraud detection and authentication made our partnership with Acuris Risk Intelligence a natural fit. Enabling instant cyber checks, seamless transaction monitoring, and threat intelligence in real-time is key to lowering overall fraud rates for businesses at a time when rates are expected to soar by 25% in the next few years alone. Cybertonica’s solution enables the ARI’s Cybercheck platform to do exactly that – bringing all the risk operations and events analysis to a single hub. ”
Joel Lange, Managing Director, Acuris Risk Intelligence, said: ‘’With our experience with millions of queries in KYC and compliance, and Cybertonica’s expertise of managing billions of transactions and cyberthreats, the partnership brings together the ideal customer experience in continuous authentication and real-time alerts. Cybertonica protects real-world identities by using its behavioural biometrics to passively match a user to specific behavioural models in less than a second using advanced data science and risk based authentication technology.’’
As fraud threats become more complex and cyber risks continue to evolve, businesses need security solutions that can provide both visibility and speed. Combining behavioral analytics with threat intelligence and compliance monitoring creates a stronger defense against account compromise, identity fraud, and emerging cyber threats.
The Cybertonica and Acuris Risk Intelligence partnership demonstrates how behavioral biometrics can enhance fraud prevention while maintaining a seamless user experience. By bringing together real-time authentication, dark web monitoring, and compliance intelligence, the joint solution positions organizations to respond more effectively to today’s rapidly changing risk landscape.
For more information about Cybertonica, visit: https://cybertonica.com/