

Fintech and Fraud in Uzbekistan
In our first episode, we discuss the explosive growth of fintech in Uzbekistan and the 'price' being paid for digital progress. Together with Group-IB experts, we analyze why the number of cybercrimes in the country has increased 68-fold over the last five years. In this episode: The evolution of threats: How fraudsters evolved from amateur solo acts into organized groups with management and marketing departments. Credit fraud: Why the main trend of the last two years has shifted from simple theft to taking out loans in the names of unsuspecting victims. Technical vulnerabilities: How Android malware intercepts SMS codes and why the architecture of local payment systems like Uzcard and Humo has become a target for attacks. Market reaction: How the Central Bank of Uzbekistan seeks a balance between transaction speed and real user security. Survival guide: Why simple blocking doesn't always save you and how switching to biometrics and push notifications can protect your finances.
- Transcript