Frauds in PIX may soar by 2028: strategies to protect your business

A recent study by ACI Worldwide revealed that Brazil is at the top of the global ranking for digital financial scams, with projections that crimes involving PIX could exceed R$ 11 billion in the next three years. This scenario reinforces the need for businesses and consumers to double their attention when using this payment method, which has already become the most popular in Brazil.

Brazil and its vulnerability to PIX

The study shows that, among the six countries researched, Brazil accounts for the highest volume of financial fraud, representing a quarter of the identified scams. In 2023 alone, losses from online frauds involving PIX reached R$ 2.2 billion.

The ease of use and instant nature of PIX, while making the system extremely efficient, also make it an attractive target for criminals. Common scams include:

• Counterfeiting invoices and fraudulent links;

• Cloning accounts and digital profiles;

• Social engineering, where victims are manipulated into sharing confidential data.

How can businesses protect themselves against scams in PIX?

In light of the increase in fraud, protecting digital transactions should be a priority for any company. Here are some practical measures that can be adopted:

1. Implementation of anti-fraud systems

Companies should invest in technological tools that detect suspicious behaviors and prevent fraudulent transactions in real time.

2. Staff training

Training employees to identify potential threats, such as fake links and suspicious requests, is essential to avoid internal incidents.

3. Two-factor authentication in transactions

Adopting additional layers of security, such as two-factor authentication (2FA), reduces the risk of unauthorized access to company accounts.

4. Robust security policies

Establish clear processes for making payments and receiving via PIX, limiting access to financial systems and monitoring all transactions.

The role of Beorange in protecting businesses

Beorange offers administrative solutions that help businesses keep their financial operations secure and compliant with the best market practices. With integrated tools and technologies based on artificial intelligence, it is possible to:

• Provide personalized attention to each client, ensuring that all transactions are carried out safely and reliably;

• Automate financial processes, reducing human errors and vulnerabilities;

• Ensure tax compliance, protecting your company from irregularities.

With financial scams growing alarmingly, relying on trustworthy technology partners is the best way to protect your business and avoid losses.

Conclusion

PIX is undoubtedly one of the greatest advancements in the Brazilian financial system, but its use requires attention and caution. The significant increase in scams related to this tool reinforces the importance of adopting safe practices and staying informed about the best ways to protect digital transactions.

Businesses and consumers must invest in knowledge, technology, and processes that ensure security, minimizing risks while responsibly enjoying the benefits of PIX.