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the problem
Major banks believe more than 70% of fraud originates on social media. The FBI estimates Americans lost $10.3B to internet scams in 2022. Fraud has become endemic to social media, eroding platform trust and utility. This will only grow worse as fraud continues to rise, driven by synthetic identities, ML and other emerging technologies.
the solution
Ensure every user is real and legitimate using Cygnt. Build your platform’s reputation, value, and culture all while deterring and blocking bad actors.
key benefits
- Secure: Provide consumers best-in-class data security, while avoiding relationships with known bad actors.
- Consensual: Earn consumer respect by candidly asking for their Cygnt badges.
- Signals only: Receive only the signals you need, and avoid the headache associated with handling personal and private information.
- Real-time: Uncover and respond to bad behaviors as they emerge.
- Strong deterrence: Prevent would-be bad actors with an opt-in that encourages good behavior .
- Spin the flywheel: Higher quality users attract higher quality users.
