Ready to Drive Fraud Prevention Innovation in EU—Inspired by JPMorgan’s Approach

This is a global challenge I’d passionate about contributing to and helping solve.

Unfortunately this call is only available for U.S.-based orgs.

If you are a company or investor based in the E.U. eager to address this challenge, I'd be delighted to connect with you.

Who I am — in brief.

I’m Emilio Casbas, the founder of Desenmascara.me, a tool developed to unmask and analyze fraudulent websites. The platform has been successfully used by companies like Nike Inc. to detect and dismantle counterfeit networks, it has served investigative teams in both public and private sectors while empower users to protect themselves from online fraud.

Over the past few years, I’ve had the privilege of collaborating with Europol. Authoring a paper for SANS on online scam tracking (read here), and presenting the online tool at BlackHat USA arsenal space (session link). I was also featured in El Confidencial, one of Spain’s leading newspapers, where I discussed the work behind Desenmascara.me ( Original version in Spanish / Translated to English version). 

In addition, the tool is also a partner of CyberAlliance, reinforcing my commitment to combating online threats and enhancing cybersecurity. The tool has been also integrated into VirusTotal, further extending its reach and effectiveness in the fight against fraud.

I currently work at one of the world’s leading wealth management firms, where I lead a small team focused on strengthening the company’s cybersecurity through threat detection. The work is both fascinating and impactful. However, my true passion lies in tackling online fraud and protecting the most vulnerable in our digital society. 

Therefore, if the right opportunity arises, I would be open to dedicating my energy and experience to building solutions that truly make a difference - helping make the Internet a safer place for everyone.

Coinbase's Response to Data Breach Sets Industry Standard

In the wake of a recent data breach, Coinbase has demonstrated exemplary leadership in crisis management. Hackers, having bribed overseas customer support agents, accessed sensitive information of less than 1% of Coinbase's users.

Rather than succumbing to the attackers' $20 million ransom demand, Coinbase CEO Brian Armstrong took a firm stand by refusing to pay and instead offering a $20 million reward for information leading to the perpetrators' arrest.

(4) Brian Armstrong en X: "https://t.co/f6UPdkL5R0" / X

The company's proactive measures include:WSJ

• Immediate termination of involved insiders and collaboration with law enforcement agencies.

• Implementation of enhanced security protocols and opening a new support hub in the U.S.

• Commitment to reimburse affected customers who were deceived into transferring funds.

The cost of a data breach with less than 1% of Coinbase's users?

the Company has preliminarily estimated expenses to be within the range of approximately $180 million to $400 million relating to remediation costs and voluntary customer reimbursements relating to this Incident, prior to further review of potential losses, indemnification claims, and potential recoveries, which could meaningfully increase or decrease this estimate.

Source: 0001679788-25-000094

Coinbase - Financials - SEC Filings

Coinbase's transparent and decisive actions not only protect its users but also set a benchmark for the industry in handling such incidents.

The cost of this "small and controlled" data breach underscore just how high the stakes are. It's a powerful reminder that cybersecurity is not optional — it’s a core investment for any digital business. Coinbase’s swift and transparent response shows exactly how such challenges should be handled.