The conventional cyber security landscape is really falling short of the demand of modern digital age. From the first big Yahoo data breach in 2013 to 2019, the violation of digital security at Quest Diagnostics, Capital One and Lenovo exposed its limitations.
While organizations incur monetary and credibility depreciation, billions of users suffer loss of private information known as Personal Identifiable Information (PII) because of inadequate data and identity management practices.
Knowledge-based authentication (KBA) like passwords, PINs, and security questions, traditionally forms the foundation of digital security. In some cases, this is further strengthened by multi-factor authentication like SMS-based one-time passwords (OTP), authenticator apps based on smart phone push notifications and other device-based security. But clearly, the prevailing digital security protocols are not serving the purpose.
People are spending more time online using web and mobile phone and to interact and transact using mobile devices. However current technology is vulnerable to phishing and information leak from hackers. Therefore, we need a solution which provides a privacy shield for all our transactions in this whole new digital world.
The PII includes names, emails, phone numbers, Social Security numbers, addresses, passwords, transaction histories and credit information. This crucial information is sold in large batches on the dark web which is further used to execute bank frauds, identity thefts and social scams.
And so, each breach makes the next more feasible. Thus, substantially eroding the trust in the brands responsible for protecting user data. BECAUSE, in the conventional system, enterprises and individuals cannot positively validate that the persons creating online accounts or logging into one are who they claim to be.
So, to authenticate every transaction solely with an irrefutable human element, we need 100% Unique Digital Identity and Liveness detection that distinguishes between your real face vis-a-vis a recorded video, high-definition pictures or digital deep-fake.
Picloq is set to change all that.
Picloq One-to-One encryption can stonewall imposters even when they steal the key! In real terms, our patented i2i technology allows data protection by visually signing the document, messages or a transaction combined with ultra-sensitive Liveness detection. This prevents unauthorized access even without a password because here the password is you- the intended receiver and your liveness.
So, now, have no worries when you are chatting, or are part of a group, making digital transaction or sharing a sensitive document over the net – Picloq Privacy ecosystem combined with robust liveness detection technology will keep today’s sophisticated fraud at bay because here you and only you are the key!