2018-11-12#
Thinking About Today#
Passwords Are BrokenThe Problem#
Organizational Entity of all sizes are struggling with Data Privacy regulations.The increasingly sophisticated fraud where 40% involved passwords and eCommerce merchants currently lose between 1-5% of revenue to fraud.
and the risk of losing customers through a frustrating on-boarding experience. They need a new identity solution that is secure, efficient and convenient for customers to use.
Of the 126,305 fraud and deception offences recorded by Australian police agencies in 2013/14, 40 per cent (almost 50,000 cases) involved identity crime.
1 And as online and other forms of card-not-present commerce grow, so does the opportunity for fraud.2 eCommerce merchants currently lose between 1 and 5 per cent of revenue to fraud.3 Across all sectors, compromised security contributes to $2.4billion in fraud every year.4