Summary of Achievements

BioCatch is a cybersecurity company that delivers behavioral biometrics, analyzing human-device interactions to protect users and data. BioCatch brings a new dimension to cybersecurity, by focusing on WHO is behind a session, not just WHAT device or password was used to access it. BioCatch works with the retail, corporate and wealth management departments of major banks around the world, primarily out of Europe and Latin America, providing continuous authentication for more than 2 billion transactions per month. Each week, customers save millions of dollars in fraud-related losses by:

– Stopping fraudulent attempts to transfer funds
– Identifying remote access Trojans during an online session
– Recognizing fraud attempts occurring across multiple channels (i.e online and mobile)

As Simon McNamara, Chief Administrative Officer of NatWest stated in a recent press release, “The technology that we’ve been able to deploy with the help of BioCatch has played a crucial role in strengthening our security systems. The breadth of behavioural biometrics that BioCatch technology can monitor is really impressive and we’ve already seen many examples of it alerting us to suspicious activity and protecting our customers from fraud.”