Web3 money platform Wirex has announced a major improvement in its measures to combat Dark Web activities and money threats.
The company has seamlessly integrated ZeroFox’s Dark Web Monitoring tool into its system, creating a unified solution. In this way, a combination of human and artificial intelligence actively scans the Dark Web for potential risks such as leaked data, compromised credentials, and other sensitive information in real time.
ZeroFox is a leading US-based cybersecurity company that provides organizations with end-to-end visibility and protection across the surface, deep and dark web.
This proactive approach allows for early detection and early intervention. Wirex benefits from ZeroFox’s advanced monitoring capabilities, using a sophisticated system that issues detailed alerts about potential threats, including their severity and escalation status, ensuring fast and effective incident response.
An important aspect of this initiative is to effectively combat mule accounts, a critical concern in the financial industry. The integrated system is capable of detecting and responding to suspicious account activities, thereby significantly reducing the risk of financial fraud and enhancing the security of user transactions.
Pavel Matveev, CEO and co-founder of Wirex, commented:
“It is an important step forward in our ongoing commitment to improving online security. The state-of-the-art technology offered by ZeroFox has been instrumental in strengthening our defenses, especially in combating the growth of money mule accounts. This has strengthened our position as a trusted financial platform.”