Milan, Italy, 13th May 2025 – Cybercriminals are relentless. Every day, new tactics emerge, targeting banks and their customers with increasingly sophisticated scams. Stopping them requires constant vigilance, intelligence, and collaboration.
CERTFin, Italy’s financial sector CERT, acts as a central hub for threat intelligence, incident response, and cybersecurity collaboration. It monitors emerging threats like phishing campaigns, banking malware, and fraud schemes, sharing real-time intelligence with financial institutions to enable proactive defence. In the event of an attack, CERTFin coordinates response efforts with banks, law enforcement, and regulators to contain threats quickly. It also provides cybersecurity training, red teaming, and penetration testing to strengthen the financial sector’s resilience.
Since 2020, through its collaboration with CERTFin (Italy's Financial Cybersecurity CERT), Cleafy has gained public recognition as an active contributor to combating fraud in the European banking sector, providing vital intelligence and technical expertise, sharing insights on the latest fraud tactics, and analysing attack patterns to help banks strengthen their defenses and contain the impact of fraud.
A key element of this collaboration is intelligence sharing. Cleafy LABS, Cleafy’s research and threat-hunting division, continuously monitors emerging fraud campaigns, tracking malware families and attack techniques that target financial institutions. Alongside its customers, Cleafy shares key intelligence with CERTFin, strengthening the industry’s understanding of emerging threats.
But intelligence alone isn’t enough. Cleafy LABS works closely with financial institutions and cybersecurity teams to investigate fraud incidents, identify attack patterns, and refine response strategies. This hands-on collaboration helps banks take proactive measures, shutting down fraud attempts before they escalate.
Knowledge sharing is another cornerstone of this relationship. Cleafy contributes to briefings and workshops organised by CERTFin, where security teams from financial institutions gain direct access to Cleafy’s threat analysts. These sessions provide practical guidance on identifying, investigating, and mitigating fraud - insights that can mean the difference between stopping an attack and suffering financial loss.
Cleafy’s impact extends beyond individual banks. As a contributor to CERTFin’s semi-annual cyber threat report (TLP-AMBER), Cleafy provides strategic intelligence that informs the broader European banking sector. CERTFin is part of the European Financial Information Sharing and Analysis Center (FinISAC) and collaborates with organisations such as the Dutch Payments Association, The Nordic Financial CERT, and the Polish Bank Association. This interconnected approach strengthens fraud prevention at a systemic level.
"Our collaboration with CERTFin exemplifies the power of collective expertise in combating cyber threats. By sharing insights and resources, we are proactively identifying and mitigating emerging fraud schemes, making the digital world safer for everyone," said Federico Valentini, Head of Threat Intelligence and Incident Response at Cleafy.
Further validating its leadership, Cleafy’s work is referenced by organisations such as Europol and Google, and has been featured in global media outlets, including Fox News TechCrunch and Forbes.
Through its work with CERTFin, Cleafy helps banks in Italy - and beyond - move from reacting to fraud to accurately anticipating and preventing it. This ongoing collaboration reinforces the industry’s collective ability to protect customers, secure transactions, and keep financial crime at bay.
About CERTFin
CERTFin, Italy's Computer Emergency Response Team for the financial sector, is a public-private initiative led by the Bank of Italy and the Italian Banking Association (ABI). Established to enhance the cyber risk management and resilience of Italy's financial system, CERTFin serves as a central hub for the exchange of operational and strategic information about cyber threats among financial institutions. Its activities include monitoring emerging threats, coordinating response efforts, providing cybersecurity training, and facilitating collaboration between the financial sector and law enforcement agencies.
About Cleafy
Cleafy is a fraud prevention and management solution for digital banking and payment service providers. Its AI-powered platform brings together fraud management and cybersecurity, using multidimensional detection to track and neutralise threats before they result in fraud – in real time, and with minimal impact on the user experience. Founded in 2014 by tech alumni of the Polytechnic University of Milan, Cleafy sets the standard in proactive fraud prevention for leading banks and financial institutions, securing billions of transactions across over 120 million accounts globally.
For more information visit www.cleafy.com
