1. Company Profile & Business Overview
The company has evolved from a simple exchange into a critical financial infrastructure for the region.
- User Base: ~10 million active clients across Multiple countries (Mexico, Brazil, Argentina, and Colombia) (Q1 2026 Data).
- Transaction Volume: Processed over $70 billion USD in stablecoin payments in 2025 alone.
- Market Dominance: Handles about 9% of all remittances between the US and Mexico.
- Revenue Mix:
- 60% from trading fees (Maker-Taker).
- 25% corporate services and remittances (Customer’s Business).
- 15% secondary products (Customer’s, lending, and yields).
2. Mobile Security Challenges Facing Crypto Exchanges
Given the company’s liquidity and transactional volume, AI-based attacks in 2026 are focusing on three high-impact areas:
- eKYC Evasion via Deepfakes: Using synthetic identities to open “mule” accounts and launder money from ransomware (which grew by 78% in LATAM in 2025).
- Injection Attacks: Utilizing AI for API fuzzing on the high-speed trading platform, seeking to exploit logic vulnerabilities in milliseconds.
- Remittance Fraud via Overlays: Malware that detects remittance transfers and superimposes a fake interface to change the destination wallet address.
3. Threats Targeting Cryptocurrency Apps
For a Financial customer, a mobile security failure is not just technical; it is a threat to its valuation and regulatory licenses.
A. Fraud Avoidance
If only 0.01% of Customer’s stablecoin transactions were intercepted by cloned apps or injection attacks:
- Annual Volume: $82,000M USD.
- Single Loss Expectancy (SLE): $8.2 million USD annually in funds stolen directly from users.
- Metric: A RASP system (like DoveRunner) would reduce this attack success rate by 95%, saving approximately $7.8M USD per year.
B. Regulatory Compliance
Customers operate under the Fintech Law (Mexico) and GFSC licenses (Gibraltar).
- Risk: A massive data breach under LGPD (Brazil) can carry fines of up to 2% of global turnover.
- Impact: For a company with the customer’s volume, fines could exceed $10M–$20M USD, excluding the cost of potential operational license revocation.
C. Churn Reduction through Trust
In the crypto sector, security is the primary driver of retention.
- Customer Acquisition Cost (CAC): Estimated at $25–$40 USD in LATAM.
- Scenario: A security incident causing an additional 5% churn in the user base (500k users) would represent a lost acquisition value of $15 million USD.
4. How DoveRunner Protected the Customer
| DoveRunner Feature | Specific Application for customer | Business Outcome |
| Anti-Debugging & Anti-Decompilation | Prevents attackers from using AI to reverse-engineer how customers sign transactions on the device. | Protects Intellectual Property and proprietary trading algorithms. |
| Binary Integrity | Detects modified versions (clones) of the customer app distributed on unofficial sites. | Reduces identity theft fraud by 90%. |
| Screen Capture/Record Detection | Blocks the capture of seed phrases or 2FA codes by banking Trojans. | Increases user confidence and reduces support costs for account takeovers. |
| Anti-Rooting/Jailbreak | Prevents the app from running on compromised devices where private keys are vulnerable. | Guarantees a Secure Execution Environment (TEE) for digital assets. |
5. Conclusion
For an entity like this, mobile cybersecurity has transitioned from a “cost center” to a “revenue enabler.” By implementing real-time protection (RASP), the company not only protects the $82 billion flowing through its rails but also secures its position as the most trusted financial infrastructure in Latin America against AI-automated crime.
