22 January 2018

Mixed Martial Arts in the ring and online: Group-IB partners up with Fight Nights Global

Group-IB, one of the global leaders in preventing high-tech crimes and providing high-grade Threat Intelligence and best in class anti-fraud solutions, will now afford protection to the Fight Nights Global brand, one of the largest European promoters in the industry of mixed martial arts. An agreement to this effect was recently signed by the parties.

Fight Nights Global regularly organizes major tournaments, where the strongest Russian fighters contend with top-notch opponents from the USA, Brazil, Europe, Asia and the CIS.  However, there is a flipside to the popularity of mixed martial arts: a higher risk of fake ticket sales, phishing websites and various fraudulent schemes targeting the famous brand. Such threats are fraught not only with reputational risks, but also with direct financial losses due to lost profits.

As a partner of Fight Nights Global, Group-IB will promptly respond to online threats directed against the promoter’s brand. The GIB Brand Protection service detects and blocks fake websites, phishing pages, false promotions and other fraud schemes. By combining search, big data and machine learning technologies, the service automatically tracks online use of the brand. This way its owner can quickly learn about websites, social media groups, ads, mobile apps, contextual advertising breaching the company’s rights and eliminate the majority of violations on a pre-trial basis.

Fraudsters keep a close eye on trends and growing markets: the more money the industry has, the more attractive it appears to criminals. They can at any point: copy a website and sell non-existent tickets, gather sensitive information using your name, redirect traffic to external resources, etc. The losses incurred by fake ticket sales for only one event may amount to dozens of millions of rubles – not to mention the enormous reputational losses. That is why it is very important to keep your eyes open and know how to strike back. We are happy that Fight Nights Global have chosen us as their partners.

Andrey Busargin

Andrey Busargin

Brand Protection Director at Group-IB

Many people associate mixed martial arts with strong, fearless and courageous guys. And rightly so. But oftentimes even the best fighters with a great track record of fair combat in the ring can lose to fraudsters, especially if confronted remotely, in cyberspace. That is why, to protect our business online, we have chosen Group-IB, the real experts in cybercrime prevention. Our cooperation gives us confidence that anyone who wishes to attend our tournaments will do so without the risk of proceeds falling into the hands of fraudsters. They will be used to support our fighters, organize new fights and develop MMA in general.

Kamil Gadzhiev

Kamil Gadzhiev

President of Fight Nights Global

Group-IB is one of the leading providers of solutions dedicated to detecting and preventing cyberattacks, identifying online fraud, investigation of high-tech crimes and intellectual property protection, headquartered in Singapore. The company’s threat intelligence and research centers are located in the Middle East (Dubai), the Asia-Pacific (Singapore), Europe (Amsterdam), and Russia (Moscow).

Group-IB’s Threat Intelligence & Attribution system has been named one of the best in class by Gartner, Forrester, and IDC. Group-IB’s Threat Hunting Framework (earlier known as TDS) intended for the proactive search and the protection against complex and previously unknown cyberthreats has been recognized as one of the leaders in Network Detection and Response by the leading European analyst agency KuppingerCole Analysts AG, while Group-IB itself has been recognized as a Product Leader and Innovation Leader. Gartner identified Group-IB as a Representative Vendor in Online Fraud Detection for its Fraud Hunting Platform. In addition, Group-IB was granted Frost & Sullivan’s Innovation Excellence award for its Digital Risk Protection (DRP), an Al-driven platform for identifying and mitigating digital risks and counteracting brand impersonation attacks with the company’s patented technologies at its core.

Group-IB’s technological leadership and R&D capabilities are built on the company’s 18 years of hands-on experience in cybercrime investigations worldwide and 70,000 hours of cybersecurity incident response accumulated in our leading forensic laboratory, high-tech crime investigations department, and round-the-clock CERT-GIB. Group-IB is a partner of Europol.

Group-IB’s experience in threat hunting and cyber intelligence has been fused into an ecosystem of highly sophisticated software and hardware solutions designed to monitor, identify, and prevent cyberattacks. Group-IB’s mission is to fight high-tech crime while protecting our clients in cyberspace and helping them achieve their goals. To do so, we analyze cyber threats, develop our infrastructure to monitor them, respond to incidents, investigate complex high-tech crimes, and design unique technologies, solutions, and services to counteract adversaries.

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