AUSTIN, Texas and SINGAPORE, Sept. 14, 2026 (GLOBE NEWSWIRE) — SEON, the AI Command Center for Fraud Prevention and AML Compliance, has been named the winner of Best in Identity & Fraud Management at the 2026 CybersecAsia Readers’ Choice Awards.
Now in its seventh year, the CybersecAsia Readers’ Choice Awards recognize cybersecurity solution providers that have made the most impact on organizations across Asia-Pacific.
The award comes as SEON continues to grow its presence in Asia-Pacific, with strong momentum in markets including Indonesia, Thailand and the Philippines. The company’s platform combines fraud detection, identity verification, AML compliance and AI-driven investigation tools on a single data layer, giving risk teams a complete view without stitching together separate vendors.
“This award is voted on by the people who actually use…
This category refers to crimes committed by employees or insiders against their own organizations. It is often the most damaging because the perpetrator has authorized access to systems.
- Asset Misappropriation: The most common form, involving the theft of company resources. This ranges from simple “skimming” (taking cash before it’s recorded) to complex schemes involving the theft of inventory or intellectual property.
- Payroll Fraud: Employees may create “ghost employees” on the system, falsify their own timesheets to claim unworked overtime, or divert salary payments to their own accounts.
- Financial Statement Fraud: Management deliberately misrepresents the company’s financial health by inflating revenue or hiding liabilities to attract investors or meet performance bonuses.