LOS ANGELES--(BUSINESS WIRE)--Sep 30, 2025--
Resecurity (USA), a global leader in threat intelligence and digital risk management, proudly showcased its AI-powered Fraud Prevention platform at Money20/20 Middle East 2025, held September 15–17 in Riyadh, Saudi Arabia. The event is the region’s premier fintech gathering, bringing together financial institutions, regulators, technology innovators, and investors to shape the future of financial services.
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Resecurity introduced its intelligence-driven fraud prevention technology, built to help banks, payment providers, and digital platforms protect their customers and infrastructure from evolving financial crime. The platform leverages artificial intelligence, behavioral analytics, and dark web intelligence to identify suspicious activity in real time, enabling proactive defense against account takeovers, identity fraud, phishing, and payment fraud.
Core capabilities presented at Money20/20 include:
“Fraud prevention is now at the core of digital trust. At Money20/20 Middle East, we demonstrated how Resecurity is redefining fraud defense through AI and intelligence-led innovation,” said Gene Yoo, CEO of Resecurity. “Our mission is to help financial institutions and regulators reduce fraud losses, protect their customers, and build resilience into their ecosystems.”
The company’s showcase generated strong engagement from regional financial institutions and regulators, underscoring the strategic importance of adopting modern fraud prevention strategies in the Middle East’s fast-growing digital markets.
About Resecurity
Resecurity® is a cybersecurity company that delivers a unified endpoint protection, fraud prevention, risk management, and cyber threat intelligence platform. Known for providing best-of-breed data-driven intelligence solutions, Resecurity's services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world's most innovative cybersecurity companies with the sole mission of enabling organizations to combat cyber threats regardless of how sophisticated they are. Most recently, by Inc. Magazine, Resecurity was named one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California. To learn more about Resecurity, visit https://resecurity.com.
About Money20/20 Middle East
Money20/20 Middle East, held in Riyadh from September 15–17, 2025, is the leading fintech and financial innovation event in the region. The summit unites banking leaders, payment providers, regulators, technology innovators, and investors to showcase solutions that drive the future of financial services. Key themes include fraud prevention, AI governance, open finance, and digital transformation, making it the premier venue for unveiling the next generation of financial security technologies.
Website: https://money2020middleeast.com
Resecurity Showcases AI-Powered Fraud Prevention at Money20/20 Middle East 2025
WASHINGTON (AP) — The man who authorities say tried to storm the White House Correspondents’ Association dinner with guns and knives and tried to kill President Donald Trump will appear Thursday in court as a judge decides whether Cole Tomas Allen will remain behind bars while awaiting trial.
In pressing for Allen's continued detention, prosecutors have alleged that he planned his attack for weeks and tracked Trump's movements online before he ran through a magnetometer at the Washington Hilton while holding a long gun and disrupted one of the highest-profile annual events in the nation's capital.
Allen was injured during the attack but was not shot. A Secret Service officer was shot but was wearing a bullet-resistant vest and survived, officials say. Prosecutors have said they believe Allen fired his shotgun at least once and that a Secret Service agent fired five shots. They have not publicly confirmed that it was Allen's bullet that struck the agent's vest.
In a letter to prosecutors on Wednesday, Allen's lawyers alleged that some of acting Attorney General Todd Blanche's statements “indicate that the recovered ballistics evidence is inconsistent with aspects of the government’s theory, evidence collected by the government and/or statements made by witnesses.”
The Justice Department, in response, said the evidence shows Allen fired his shotgun at least once in the Secret Service agent's direction. Investigators recovered at least one fragment at the crime scene that is consistent with a buckshot pellet, prosecutors wrote.
"The government is aware of no physical evidence, digital video evidence, or witness statements that are inconsistent with the theory that your client fired his shotgun in the direction" of the officer or that the officer "was indeed shot once in the chest while wearing a ballistic vest," prosecutors wrote.
Prosecutors said in court papers that Allen took a picture of himself in his hotel room just minutes before the incident, and that he was outfitted with an ammunition bag, a shoulder gun holster and a sheathed knife. In a message that authorities say sheds light on his motive, Allen referred to himself as a “Friendly Federal Assassin” and alluded obliquely to grievances over a range of Trump administration actions, according to writings sent to family members shortly before shots were fired Saturday night. The Associated Press reviewed the writings.
Allen's lawyers are pressing for his release, arguing in court papers that the government's case is “based upon inferences drawn about Mr. Allen’s intent that raise more questions than answers.” They defense noted that Allen's writings never mentioned Trump by name.
"The government’s evidence of the charged offense –- the attempted assassination of the president –- is thus built entirely upon speculation, even under the most generous reading of its theory," defense lawyers wrote.
Allen was charged on Monday with that crime, as well as two additional firearms counts, including discharging a weapon during a crime of violence. He faces up to life in prison if convicted of the assassination count alone.
Allen, 31, is from Torrance, California. He is a highly educated tutor and amateur video game developer.
President Donald Trump speaks in the James Brady Press Briefing Room at the White House after an unspecified threat at the annual White House Correspondents' Association Dinner in Washington, Saturday, April 25, 2026. (AP Photo/Jose Luis Magana)
This image contained in a court filing by the Department of Justice, April 29, 2026, shows some of the weapons and shotgun ammunition that Cole Tomas Allen possessed, Saturday, April 25, 2026 in Washington. (Department of Justice via AP)
U.S. Secret Service agents surround President Donald Trump before he was taken from the stage after a shooting incident outside the ballroom during the White House Correspondents Dinner, Saturday, April 25, 2026, in Washington. (AP Photo/Alex Brandon)
This image contained in a court filing by the Department of Justice, April 29, 2026, shows Cole Tomas Allen, left, inside his hotel room, on Saturday, April 25, 2026 in Washington, using his cellphone to take a photograph of himself in the mirror. An enhanced version of the image is right. (Department of Justice via AP)
U.S. Secret Service agents respond on stage during the White House Correspondents Dinner, Saturday, April 25, 2026, in Washington. (AP Photo/Alex Brandon)
