Memcyco predicts ATO, phishing and digital impersonation attacks, protecting companies and their customers from digital fraud.
It is the only solution that provides real-time victim identification, preemptive ATO prevention, and credential deception technology, offering unmatched visibility into evolving threats.
Company's Solutions
Memcyco predicts & preempts ATO, phishing and digital impersonation attacks in real time, protecting companies and their customers from digital fraud.
Memcyco stands apart as the only solution that:
- Identifies individual attack victims in real time
- Predicts, preempts & protects from ATO incidents before they cause any harm
- Replaces harvested credentials with decoy data, rendering them useless to attackers
- Disarms SEO poisoning attempts that undermine digital presence
- Confuses threat actors through tailored deception campaigns
Memcyco infiltrates the attack, enabling its customers to gain unmatched real-time visibility into its progress from inception and as it evolves, safeguarding revenue, reputation, and user accounts.
In addition to rapidly reducing costs, Memcyco supports compliance readiness amid fast-changing regulatory standards.
With its agentless deployment, Memcyco’s solution delivers immediate ROI by cutting fraud-related losses and operational burdens, all while strengthening digital trust.
Prominent Case Study
This case study describes how a major global bank (60M+ customers across 50 countries) reduced account takeovers (ATOs) by 55% after deploying Memcyco’s real-time digital risk protection.
The bank was dealing with a major spike in phishing-driven credential harvesting scams, using highly sophisticated brand impersonation and social engineering tactics, possibly scaled with generative AI.
The impact was severe: the bank was facing roughly 18,500 ATO cases per year, with each incident costing about $1,500 in refunds and handling, totaling $27M annually in remediation costs.
A key challenge was that the bank’s visibility into attacks was late and incomplete, they often only found out after customers complained or posted publicly.
Beyond the direct financial damage, the bank faced rising customer churn (even when customers were reimbursed), reputational harm, and ongoing risk even after takedowns, since stolen credentials could be reused or sold to other attackers.
Memcyco’s solution was deployed quickly and without adding friction to the customer experience.
The platform enabled the bank to detect attacks instantly as they started, identify impacted customers in real time, and collect previously unavailable device-level attack data.
It also protected customers directly by showing “Red Alerts” when they entered fake sites, and by swapping stolen credentials for marked decoy data, so even if a victim continued, the attacker couldn’t use the credentials.
At the disruption layer, attackers were blocked from accessing accounts, customers could continue using their accounts safely, and the bank enriched its risk engine via API integration.
The outcomes were strong: ATOs dropped by over 50%, detection time effectively became zero (instant), and the bank saved an estimated $18M per year by preventing around 65% of annual ATO incidents.
The case study also reports reduced SOC workload, improved anti-fraud tool performance, better compliance posture, less negative PR risk, and stronger control of brand equity.