Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, announced the launch of the <a href="https://www.group-ib.com/products/cyber-fraud-intelligence-platform/”>Cyber Fraud Intelligence Platform (CFIP), a groundbreaking technology designed to protect financial institutions, e-commerce entities, and digital platforms in the UAE from emerging cyber threats.
As the UAE advances its digital transformation efforts, addressing the rising threat of cyber fraud has become a priority for both businesses and consumers. Building on Group-IB’s global leadership in anti-fraud technologies, CFIP is a first-of-its-kind, privacy-focused, real-time fraud prevention platform that enables organizations in the UAE across banking, telecommunications, payments, online retail, and gaming to collectively collaborate in detecting and blocking fraudulent activities without exposing sensitive customer information. CFIP is also a core element of Group-IB’s Cyber & Fraud Fusion approach, which unifies cyber threat intelligence and fraud prevention.
Powered by Group-IB’s patented Distributed Tokenization technology, CFIP securely shares anonymized “risk signals” between organizations to identify and stop fraud in real time. For UAE businesses, this means proactively combating issues like coordinated mule-account networks, phishing scams, and synthetic identities, which have been rising as payment fraud techniques in the region.
“Financial crime is one of the most complex and costly challenges of our time, and no single organization can solve it alone. CFIP reflects our commitment to tackling digital crime through collaboration – proving that when privacy, compliance, and shared intelligence come together, the entire financial ecosystem becomes stronger and more resilient,” said Dmitry Volkov, CEO of Group-IB.
Fraudsters can often move funds across multiple banks and jurisdictions within minutes, making recovery nearly impossible. Unlike traditional fraud detection systems that act only after fraud happens, CFIP enables organizations in the country to act in real time by securely exchanging anonymized data on suspicious activity in milliseconds. This proactive approach helps detect and prevent fraudulent transfers before funds are lost.
All customer data remains fully anonymized and protected during this process, adhering to strict compliance standards. CFIP’s privacy architecture has been independently verified by Bureau Veritas, confirming that its design and processing methods are fully GDPR-compliant. The certificate makes CFIP the first global, real-time fraud intelligence platform to achieve this level of validation.
In a Central Asian national deployment, CFIP already identifies 300–400 mule accounts daily and processes 180,000 checks, projecting $100–300 million in annual savings at full adoption. With similar levels of collaboration in the UAE, CFIP could significantly reduce digital financial crime in the nation’s growing digital economy.
“Group-IB is proud to unveil the Cyber Fraud Intelligence Platform in the UAE, a nation at the forefront of digital innovation and cybersecurity excellence,” said Ashraf Koheil, VP of Sales, META & AUZ at Group-IB. “As cyber threats and security concerns like fraud continue to escalate, cutting-edge technologies like CFIP will be of paramount importance. By enabling secure, real-time intelligence sharing, CFIP empowers organizations to enhance both their cybersecurity defences and fraud prevention capabilities.”