To address increasing cyberattacks and ransomware attacks, the US government recently announced that it plans to work with BigTech on new cybersecurity guidelines. Prove CEO Rodger Desai joined Cheddar News to talk about the need for cross-industry cooperation to shore up cyber defenses.
"Data that’s being taken from companies is being weaponized against common consumers to siphon out bank accounts and take people’s crypto in an effort to bring our economy to a halt. It's vital that we work together across industries, specifically the banks, phone companies, insurance providers, and healthcare providers, to solve these problems," said Desai.
Watch the full video here.
To learn about Prove’s identity solutions and how to accelerate revenue while mitigating fraud, schedule a demo today.
Keep reading
Learn how Prove Identity and authID are uniting to combat AI-generated fraud and deepfakes, delivering secure, privacy-preserving identity verification that halts attackers before they create fake digital identities.
Discover how injection attacks allow fraudsters to bypass identity verification by injecting malicious data, highlighting the critical threat of these sophisticated attacks on digital security flows. Learn to identify and defend against these evolving methods that hijack trust and compromise user accounts.
Learn how to design a seamless user onboarding experience with best practices and real-world examples.
