Overview
Enabling an additional layer of security over your connection is in high demand. It is a service VPN or Virtual Private Networks offer, and the market is growing at a swift pace. According to a report by Market Research Future, it is predicted to reach $106B by 2022, at a CAGR of 13%.
Buffered is one of these providers, delivering a private, safe and fair use of the Internet for all their users. Combining high speed servers and a unique military-grade encryption protocol, their technology has been praised by CNET, PCMag US, BEST VPN, The Sydney Morning Herald, and Wired, amongst others.
Challenges
Creating a safe environment for Internet users doesn’t protect VPN companies from cybercrime themselves. Chargeback fraud is especially frequent, and in the case of Buffered, a threat to their existence. “We knew our military-grade encryption was one of our USPs,” says Gergely Kalman, CEO at Buffered. “But fighting against fraud was eating into our margins, which was seriously going to damage us in the long term”
After trying several fraud prevention systems, they settled on SEON for their platform. “We knew SEON gave us the flexibility we needed,” Gergely says. “For instance, we could immediately filter out users from high-risk countries, and it was very easy to do it from the admin panel”.