Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Newly patented transaction firewall sets a new standard in payment protection, leveraging self-learning technology that instantly blocks emerging threats, payment fraud and cyber-attacks with greater precision.

In a world of constant threats, real-time detection and prevention make all the difference. Imagine starting your day with the news that millions of your bank’s customers have fallen victim to a cyberattack. This became a reality last year when cybercriminals claimed to have gained access to Santander Bank’s data, demanding millions of dollars in ransom. While the bank did not confirm the exact details, it admitted to a data breach.

2º Congresso de Prevenção e Repressão a Fraudes, Segurança Cibernética e Bancária, SÃO PAULO, BRAZIL, March 11, 2025 – Agility, one of Brazil’s leading IT and Cybersecurity service providers, and INETCO, a global leader in payments monitoring and fraud prevention, are proud to announce a new partnership with Brazilian payment processing trailblazer Elo.

The past year has been a journey of incredible growth and transformation at INETCO. From launching innovative product updates to expanding partnerships and earning recognition across the industry, we’ve taken huge strides toward transforming payments protection across the globe. 2024 was a year where milestones turned into momentum, preparing us to reach even greater heights in 2025.

MobiFin, a leading provider of unified digital banking and payment solutions, has entered into strategic partnership with INETCO, an innovative real-time transaction monitoring and fraud prevention company. INETCO has established a significant global footprint by implementing its innovative solutions across more than 27 nations, serving some of the most prominent financial powerhouses worldwide.

On October 15, 2024, a new Linux variant of the notorious FASTCash malware was uncovered, once again highlighting the vulnerabilities in global banking systems. This malware, attributed to North Korean threat actors, has been responsible for siphoning millions of dollars from ATMs worldwide by compromising interbank payment switches. The latest version targets Linux systems, allowing attackers to manipulate transaction messages and approve fraudulent cash withdrawals.

In a world where digital transformation is accelerating, the stakes for safeguarding critical infrastructure, government systems, and financial services have never been higher. These sectors are increasingly targeted by sophisticated payment fraud schemes and AI-powered cyberattacks, leaving them under immense pressure to shield their customers from threats.

With Latin America facing an unprecedented increase in claims for unrecognized credit and debit card transactions, banks and card issuers are directly feeling the impact of fraud and cyber-attacks that are growing more sophisticated by the day. Recent regulations have been implemented across Latin America to address a variety of payment fraud, including an unprecedented surge in claims of unrecognized transactions involving debit, credit and financing products.