- B-FY’s technology provides a foolproof method to identify real operators behind online transactions, ensuring 100% secure interactions.
- A solution designed for easy integration with existing cybersecurity and 2FA systems, offering a potential revenue of $145 billion annually by addressing cybercrime losses.
WASHINGTON, Sept. 9, 2024 /PRNewswire/ — B-FY, a pioneering human authentication company, has unveiled a groundbreaking technology that eradicates online identity fraud and cybercrime. In an era where cybercriminals continue to exploit vulnerabilities in online transactions, B-FY’s innovation promises to end this threat by ensuring that only the real operator is identified and authenticated during transactions.
In today’s digital landscape, cybercriminals have unchecked control over online transactions, leading to a staggering $14.58 trillionin cybercrime losses this year alone. Traditional methods, such as IDs, passwords, online biometrics, and even two-factor authentication (2FA), fail to truly identify the person behind the transaction, leaving the door wide open for impersonation and …