Linz-based know-how resolution supplier X-Internet and its companions AIT and ÖIAT are being honored for his or her groundbreaking work within the struggle in opposition to on-line fraud
Vienna (OTS) – The groundbreaking work of the Faux Store Detector, an AI-based know-how within the struggle in opposition to fraudulent on-line outlets and cybercrime, was awarded the famend State Prize for Digitalization within the class “Way of life, Youth and e-Commerce” the night earlier than final as a part of the 4Gamechangers Competition 2024 in Vienna. Sports activities” award. The Linz know-how resolution suppliers X-Internet, along with their challenge companions AIT and ÖIAT, had been named State Secretary for Digitalization for his or her excellent efficiency and dedication to the safety and safety of younger shoppers in on-line retail Claudia Plakolm honored.
The injury attributable to faux outlets in Austria runs into the thousands and thousands; tens of 1000’s of studies are obtained on the Web Watchlist yearly. As soon as paid, the cash is usually misplaced. The second the fraud is seen, the outlets have often disappeared once more. Prevention is all of the extra necessary: The Faux Store Detector is a novel and free AI software for shoppers that mechanically protects in opposition to fraud in on-line buying. With over 21,000 traits, the system checks suspicious outlets, identifies them with nearly one hundred pc accuracy and warns customers in actual time utilizing a visitors mild system. Fraud safety obtainable freed from cost in your individual web browser whereas respecting your privateness – that’s what the Faux Store Detector guarantees and retains.
“With the ability to use synthetic intelligence in prevention is immensely necessary for us at Watchlist Web. We mix our years of expertise on this space with the most recent know-how. The core of that is the continuing guide high quality assurance by our consultants,” says Louise BeltzungHead of Analysis at ÖIAT.
The Faux Store Detector is the results of shut collaboration between the AIT Austrian Institute of Expertise, the Austrian Institute for Utilized Telecommunications (ÖIAT) and X-Internet. The challenge was financed by funds from the Austrian Federal Ministry of Finance and the Federal Ministry of Agriculture, Areas and Tourism within the KIRAS safety analysis program. X-Internet is an IT service supplier for corporations of varied industries and sizes and helps digitalization initiatives, develops unbiased software program and {hardware} options and helps a whole lot of firm networks. The ÖIAT is an unbiased analysis establishment with the goal of selling the competent, protected and accountable use of digital media. AIT, Austria’s largest non-university analysis establishment, works on state-of-the-art info and communication applied sciences within the Heart for Digital Security & Safety.
Helmut LeopoldHead of Heart for Digital Security & Safety at AIT, emphasised the significance of joint efforts within the struggle in opposition to cybercrime: “The rising threats from disinformation, hate speech and fraudulent assaults on the Web require joint efforts to offer digital customers with instruments and aids for the to take care of their sovereignty.”
The Faux Store Detector is a extremely efficient AI-based software for shoppers and on-line retailers to make sure a protected digital buying expertise. The award of the State Digitalization Prize helps to lift public consciousness of the threats in e-commerce and to exhibit the flexibility of reliable high-tech AI developments “made in Austria”. A particular function of this AI resolution is the guide high quality assurance, which is constantly carried out by consultants from the Watchlist Web. This allows the usage of clear and reliable AI, which generates vital added worth for the Faux Store Detector as a security-relevant service and is aimed toward shoppers who’re actively protected on this approach whereas buying on-line.
Brigitte Bach, Managing Director and Spokesperson of the Administration, AIT: “With the event of the Faux Store Detector, AIT has additional consolidated its position as a number one analysis establishment within the discipline of digital safety applied sciences. This challenge embodies our dedication to modern options which are each technologically superior and socially related. We’re proud to be making an necessary contribution to combating cybercrime.”
The State Prize for Digitalization
The goal of the State Prize for Digitalization is to honor excellent and future-oriented achievements from the broad discipline of Austrian digital merchandise, options and processes. For the fifth time, the State Prize was awarded primarily based on the choice of an unbiased jury. 71 initiatives had been submitted – one of the best challenge in every of 6 classes was awarded a prize. The Faux Store Detector is one among 6 award-winning initiatives.
“We’re extraordinarily happy about this particular recognition, which inspires us to additional advance the profitable merger of analysis and growth in Austria. The award of the State Prize for Digitalization confirms our ongoing dedication to offering shoppers with a protected expertise nationally and past the Austrian borders and supply a reliable on-line expertise.” so Nicholas DürkManaging Director of X-Internet.
The explanations for the award from the professional jury
On-line buying performs a central position in younger individuals’s lives. Faux outlets trigger thousands and thousands of {dollars} in damages. Nonetheless, these affected solely discover this when the cash has already been misplaced. The Faux Store Detector gives a brand new strategy to stop fraud upfront primarily based on AI and professional data. It additionally raises consciousness of digital fraud. With every further validated store, the system’s decision-making turns into extra steady and the digital life-style turns into safer.
About X Internet
As an IT firm oriented in direction of the frequent good, X-Internet has been creating particular person particular options within the {hardware} and software program sector since 1999 and putting in and supporting IT networks for corporations and establishments of all industries and sizes. X-Internet strives to anchor sustainability and ecological consciousness in all areas of the corporate and to lift sustainability consciousness by the skilled use of open supply. “Sharing” – i.e. making data usable collectively – and “regionalism” are the important cornerstones of enterprise. When creating future-oriented and safe IT/OT options, X-Internet is in lively contact with analysis establishments and builds on long-lasting partnerships. Additional info: https://www.x-net.at
Austrian Institute for Utilized Telecommunications (ÖIAT)
The ÖIAT is an unbiased analysis establishment with the goal of selling the competent, protected and accountable use of digital media. Providers embrace consciousness elevating initiatives, content material growth, workshops and lectures, utilized analysis, consulting and arbitration, and certification. The ÖIAT is a member of the ACR (Austrian Cooperative Analysis), the Austrian community of personal analysis institutes that conduct analysis and growth for corporations. https://oiat.at/
AIT Austrian Institute of Expertise
The AIT Austrian Institute of Expertise is Austria’s largest non-university analysis establishment and a extremely specialised analysis and growth companion for trade. Within the Heart for Digital Security & Safety, over 200 consultants work on probably the most fashionable info and communication applied sciences so as to have the ability to construct and use our programs in a extremely safe and dependable method within the context of complete digitalization and world networking. With this technological experience, totally different markets are addressed, such because the semiconductor trade, the automotive sector, vital infrastructures akin to vitality community and energy plant operators, monetary markets, in addition to the safety sector within the context of the safety of vital infrastructures, and far more. The middle has a acknowledged place in nationwide and worldwide innovation packages and is an lively a part of many European trade and analysis initiatives. Additional info
Additional details about the Faux Store Detector
Questions & Contact:
Magazine. (FH) Michael W. Mürling
Advertising and marketing and Communications
AIT Austrian Institute of Expertise
Heart for Digital Security & Safety
T +43 (0)50550-4126
michael.muerling@ait.ac.at I www.ait.ac.at
Magazine. Michael H. Head
Head of Company and Advertising and marketing Communications
AIT Austrian Institute of Expertise
T +43 (0)50550-4014
michael. head@ait.ac.at I www.ait.ac.at
Magazine. Karin Mülleder
gross sales and advertising and marketing
X-Internet Providers GmbH
T +43 (0)732-773142 – 47
you@x-net.at I www.x-net.at
Magazine. Louise Beltzung
Analysis
ÖIAT
+43-1-595 2112
beltzung@oiat.at
www.fakeshop.at
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