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UNFRAUD is a software solution that uses deep learning algorithms to detect and prevent online fraud. By analyzing patterns in fraudulent activities, it aims to reduce costs for businesses and enhance their security against cyber threats.
The impact of cybercrime is a growing concern in a society that increasingly interacts online.
In the EU the cost ofcybercrime has reached €871 billion a year and fraudulent card transactions amounted to €1.27 billion.
The high number ofonline frauds coupled with the low level of cybersecurity deters businesses, and in particular SMEs who may not be able toafford comprehensive anti-fraud services, from fully exploiting the potential of e-commerce. UNFRAUD is a software productthat prevents poten…
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