Prove CEO Rodger Desai on Cheddar News: “To prevent cyberattacks, it's vital that we work together across industries”
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
Read the article: Prove Launches Unified Authentication Solution with Passive, Persistent Customer RecognitionNew solution delivers measurable ROI by replacing SMS OTPs and mitigating SIM swap fraud – cutting costs, reducing abandonment, and enabling seamless customer experiences across channels.
Read the article: A Watershed Moment for Digital Banking: FDIC's New Stance on Pre-Filled Data Paves the Way for a Safer, Faster FutureIn this blog, we detail how the FDIC's new guidance, influenced by Prove's advocacy, allows banks to use pre-filled customer data for CIP. This change, empowering solutions like Prove Pre-fill®, significantly reduces friction, enhances security, and improves financial inclusion in digital banking by streamlining account opening and combating fraud.
Read the article: The Anatomy of a Systemic Failure: The U.S. Banking System as a Conduit for Transnational CrimeThe U.S. banking system is a conduit for transnational crime, with systemic failures in identity verification and a lack of oversight, enabling fraud and money laundering. Read Prove’s call to action for the financial industry.
