London -based CyberSSCURITY startup Iner Works increases € 3.7 million to stop AI fraud in the tracks of Iner Works

Internal workLondon-based CyberSSCURITY startup pioneer synthetic threat detectives have announced € 3.7 million ($ 4 million) seed fund round to expand the AI-powered fraud detection platform. Leadership of AlbionVC, Round Digital Currency Group, Founder Capital

Established by Oliver Qui (CEO), Oscar Hayek (CTO), and Tom Ryan (Chief Product Officer), Iner Works AI-exposed synthetic interactions have created a protective platform capable of detecting 97% accuracy. The startup has already proved its technology in a higher position situation, including investigations with national infrastructure defense, partnership with top digital resource platforms, and investigations in the largest cryptocurrency hacks in history.

“We are facing AI-driven fraud which can duplicate legitimate users with horrible accuracy. The existing security agencies have been obsolete because they have assumed that the threat would treat different than valid users. Our platform solves this problem against synthetic threat and decentralized training even to the most sophisticated AI-based attacks.” D Oliver Qui, CEO of Inner WorksThe

In the only 2024, about 184 billion dollars were lost in a bot-related attack. Most Internet traffic is now driven by automation equipment than human users, using dipfakes from 2022 to more than 2,5%.

Internal Works offer is central RedtimeA crypto-bounty program that enlisted the system to stress-tie and vulnerability by enrolling moral hackers and AI agents around the world. This method provides dynamic, real-world data to strengthen the defense of the platform.

The technology integrates seamlessly to client applications with the minimum code running in the background. Already adopted by main digital resources and payment companies, the Inner Works System has been deployed to detect orchestrated € 1.38 billion* hacks by North Korean staff.

“Now after the global brands have proved our views as well, we think that internal work becomes the main protection infrastructure of the larger Internet, helping to protect the user ecosystem online.” Associated Oliver QuiThe

Seed funds will support the expansion of the platform capacity of internal works, especially adverse AI training and accelerate its reaching its global. The organization’s goal is to establish new partnerships with top -level financial institutions working to fight against the growing synthetic threat of the company.

“We have invested in internal work because they are not improving growing fraud detection, they are basically re -imagining it. Their skills to identify what other systems miss are presenting a new security level for the financial sector reaction for this new threat.” D Cat McDonald, partner of AlbionvisiThe