I am extremely proud of the work we do at @sardine. You can’t imagine how grateful people are when we call them and prevent them from being scammed.
Stats from the UK show the epidemic of scams we see globally:
👉 Scams are up 24% in a quarter
👉 4 out of 5 originate on Tech platforms
👉 Goods not delivered 66% of all scams
👉 Highest losses to fake investment advisor scams
We can fix this together if we focus on the issue.
🐟🐟🐟
For example, fake investment advisor scams.
Bots, emulators, remote screen sharing via tools like TeamViewer or AnyDesk, and active calls in session are high-risk signals that a scam may be about to happen.
We can stop many of these scams before they happen with device intelligence and behavior biometrics.
🐟🐟🐟
How it works, and we detect:
👀 Often the victim was being socially engineered over a Remote Access Tool (RAT) like TeamViewer or AnyDesk
👀 We add friction to a transaction if we spot any signs (signals) of a scam (like remote access tools being used on the device).
👀 We then queue up suspicious withdrawals in our case management system.
👀 Our customer's ops teams then call up the users whose transaction was slowed down.
We've found we can capture 96% of those scam attempts with 9% false positives.
We can stop scams together 🤝
#fraud #scams
Aug 11, 2023 · 3:55 PM UTC
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