In this episode of MEDICI Studio's new video interview series "Weekend Wisdom: VC Debunked & Demystified," SC Moatti, Managing Partner at Mighty Capital, discusses the myth of Product-Market fit. |
Your personal data is never safe—cybercriminals look for every possible opportunity to acquire it. Never-ending data breaches continue to expose usernames, passwords, payment information, health records, and other personal information on the dark web, enabling fraudsters to log into user accounts and commit account takeover (ATO) fraud. Banks have been facing a concerning rise in ATO attacks against customers, with losses due to such schemes rising 72% from 2018 to 2019.
The COVID-19 pandemic has amplified the need for digital transformation, as more and more interactions with customers now occur on a screen rather than in person. Increasingly, enterprises across all industries are moving toward biometric authentication to ensure a user’s digital identity matches their real-world identity—keeping data secure and out of the hands of fraudsters. |
