F8th Inc. is tomorrow’s solution

F8th Inc. is tomorrow’s solution

F8th Inc. is tomorrow’s solution

F8th is the cutting edge technology in terms of cybersecurity. F8th provides a unique system that gives an extra level of protection against the two of the most prominent fraud risks online: "malware and phishing" and "account takeover".

The Effect of Fraud on Businesses

According to the ACFE (Association of Certified Fraud Examiners), the level of fraudulent activity has increased significantly in 2018 than it did in the preceding two years. Nearly 50% of small businesses experience fraud during their business’s lifecycle. This costs $114,000 on average for each fraudulent occurrence. In 2017, the Global Fraud Survey carried out by the Merchant Risk Council demonstrated that typical online sales decline 2.6% of incoming orders because of the fear of fraudulent activity. This is particularly prominent in orders that are worth more than $100 because 3.1% of these are declined due to suspected fraudulent activity. For example, over $600,000 worth of orders are rejected each year for business worth $25 million.

Security Systems

The older cyberdefenses can’t provide protection against newer fraudulent techniques such as "malware and phishing" and "stolen credentials" (account takeover), as mentioned above.

F8th Inc. Security System

F8th Inc.’s security system provides unrivaled protection against the latest techniques in fraud. Fraud is a two-way street and we protect not only the customer’s interest but the client’s too. F8th is the solution to the new and innovative way to tackle fraudulent activity, cyberattacks, and scams.

Published: April 1st, 2019