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SIBS has been investing in ATM and POS networks permanent monitoring and control mechanisms,
which place Portugal below the average European fraud levels.
According to VISA and EAST, Portugal has one of the lowest fraud levels within Europe.
SIBS’ mechanisms allow the detection of situations related to bad functioning of
equipments and cards unusual activities, allowing the immediate identification and intervention in
case of fraudulent use of cards or attacks to equipments. SIBS’ services also include
disaster recovery,
housing and hosting solutions.
In 2009, network prevention and monitoring skills were transferred to a subsidiarie:
PAYWATCH.
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