Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- CYBERA provides a solution to disrupt financially motivated cybercrime. The FBI reports 1 in 600 Americans are victims of financial scams. Yet, lack of a comprehensive solution that coordinates a rapid response between victims, local law enforcement agencies and global banking – including fintech and DLT-based – institutions leaves both victims and banks losing billions annually in lost funds and reimbursement costs. CYBERA is the first solution to address this issue. It automatically files criminal complaints to recover funds and alerts banks instantly to prevent money laundering and fraudulent transactions before victim losses occur.
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