Tech

The Importance of Veeam Immutable Backup

Published

5 years ago

July 6, 2021

Given our reliance on digital technology these days, any tech issues can cause us a huge amount of inconvenience, stress, and even financial losses in some cases. If you store valuable data and files on your system, any loss of data stemming from accidental deletion, system and drive problems, or even malicious attacks, can cause no end of problems.

This is why many people ensure they have a reliable backup solution in place such as using cloud backup options. This is a great way to ensure your vital data and files are also stored offsite where they will not be affected directly by issues with your drive and system and the various other issues that can occur. However, you also have to think about what happens if there is an issue with the backed-up data and files. While solutions such as cloud backup offer a high level of security and protection, this does not mean that deletion of files cannot occur as the result of accidents or attacks. This is where Veeam immutable backup solutions can help.

Reduce the Risk of Issues with Your Data and Files

This is a solution that is very simple to implement and provides an extra layer of protection for your backup files and data. For both individuals and businesses, this means far greater peace of mind and protection. It works by making the data that is backed up temporarily immutable, and this means that you do not have to worry about the issues outlined above. Some of the benefits of doing this include:

Cutting the Risk of Accidental Deletion

One of the reasons why this type of measure is important, particularly for businesses, is that it cuts the risk of accidental deletion from your backup. As a business, you may have a number of people with access to backup data, and if one of them accidentally deletes or changes files, it could cause huge problems if and when you need your backed-up data. This is a measure that can help to protect you against this.

Reducing the Risk of Ransomware Attacks

Another of the benefits of having this solution in place is that it further reduces the risk of falling victim to ransomware attacks. Having an offsite backup solution can reduce the risks initially if your onsite systems are attacked. However, if your backed-up data is also affected, it means that you are left with no other option but to give in or lose your data – or both! With this solution, your backup data is also protected.

Increased Protection and Peace of Mind

When you have this solution in place, you can benefit from far greater peace of mind when it comes to your important files and data. You will have an extra layer of valuable protection that will help to ensure that your backed-up data is also protected.

These are some of the reasons why it is important to consider getting immutable backup measures in place.

Tech

CypherFace Targets Payment Fraud with Pre-Transaction Biometric Verification

Published

4 hours ago

February 4, 2026

Jonathan Grilli

Photo courtesy of CypherFace

A U.S.-based fintech company has deployed a facial biometric system that verifies user identity before digital payments are processed. CypherFace, which began commercial operations in 2024, is positioning its technology as a proactive defense against payment fraud that now costs billions annually.

Founder Syed Samir Hassan said the company developed the platform in response to the limitations of fraud detection systems that identify problems after transactions have already occurred. “Traditional fraud tools are reactive by design. They analyze patterns and flag suspicious activity, but the money has often already moved. We’re stopping it before the transaction completes,” Hassan said.

The Fraud Problem

Digital payment fraud has grown substantially despite existing security measures. Payment fraud in the European Economic Area increased to €4.2 billion in 2024, up 17% from 2023, according to data from the European Central Bank and European Banking Authority. Credit transfer fraud alone saw a 24% increase.

Synthetic identity fraud, which involves creating fictitious identities using combinations of real and fabricated personal information, has become particularly problematic. False identity cases increased 60% in 2024 compared to the previous year. These synthetic identities often pass initial verification checks because they use legitimate data elements.

Hassan said CypherFace was designed specifically to address this threat vector. “Synthetic identities work because they look clean on paper. They pass KYC checks. They build credit histories. But they can’t pass a live biometric verification tied to a real person. That’s the fundamental flaw we exploit.“

The company reports that fraudsters increasingly use AI-generated documents and deepfake technology to bypass security systems. CypherFace’s liveness detection technology is designed to identify these sophisticated spoofing attempts during the authentication process.

How the Technology Works

CypherFace provides businesses with an API that integrates into payment infrastructure. When a user initiates a transaction, the system prompts for facial verification. The technology captures and encrypts a facial scan, then applies AI-driven liveness detection to confirm a physically present individual is authorizing the payment.

The system processes the verification in real time without storing raw biometric data. Facial scans are converted into encrypted, non-reversible hashes. The platform returns only a verification result to the merchant, indicating whether the transaction should proceed.

“We designed this to be invisible to legitimate users and impossible for fraudsters,” Hassan said. “A real customer takes two seconds to verify. A criminal using a stolen card or synthetic identity can’t get past the liveness check. The math is simple.“

Deployment and Results

An e-commerce payment processor deployed CypherFace across its checkout infrastructure in late 2024. The processor was experiencing elevated chargeback rates driven by card-not-present fraud. Within 45 days of implementation, CypherFace flagged more than 1,200 fraudulent transactions that had previously bypassed existing security layers.

The integration reduced chargebacks by 62% in the monitored segment. The processor reported improved merchant satisfaction as legitimate transactions experienced minimal additional friction. The company has since expanded CypherFace to additional merchant accounts.

Hassan noted that the technology addresses a specific gap in payment security. “Most fraud prevention happens at the network level or through transaction monitoring. We’re adding a layer that asks a simple question: is the person trying to make this payment actually who they claim to be? If they’re not, the payment doesn’t happen.“

Market Expansion

CypherFace currently operates in the United States and is preparing to expand into Canada and Mexico in 2026. The company is targeting payment processors, merchant acquirers, and platforms with high transaction volumes and elevated fraud exposure.

Hassan said the company sees demand from businesses struggling with the cost of chargebacks and fraud losses. “Every fraudulent transaction costs more than the transaction value when you factor in chargeback fees, lost merchandise, and reputational damage. Businesses are looking for solutions that actually prevent fraud rather than just detect it after the fact.“

The fintech sector has broadly adopted biometric authentication, with major banks and digital financial platforms using facial recognition and fingerprint scanning for account access and transaction authorization. CypherFace is focusing specifically on payment verification rather than account login.

“We’re not trying to replace existing security. We’re adding a verification layer at the most critical point in the transaction flow,” Hassan said. “When money is about to move, we make sure the right person is authorizing it. Everything else is secondary to that.“