With October as National Cybersecurity Awareness Month, the Company Stresses the Importance of Taking Proactive Steps to Enhance Cybersecurity
ATLANTA – (Oct. 16, 2019) – Digital Resolve, a proven online fraud protection and identity intelligence solution provider, today announced the latest addition to its technology platform with the introduction of a new Single Sign-On (SSO) offering that allows enterprises to more easily and securely manage access to sensitive data while giving users a simplified way to manage logins with one click and only one set of credentials.
Offered through the company’s Digital Resolve Platform, SSO is a cloud-based security solution that eliminates time-intensive integrations by providing easy configurations so it can quickly be deployed across the entire Digital Resolve, a proven online fraud protection and identity intelligence solution provider, today released a new infographic outlining the eminent threats companies face from cyber criminals and illustrating the need for proactive protection from cyberattacks.
The company is dedicating the month of October to bring attention to the problem as part of National Cybersecurity Awareness Month (NCSAM), a collaborative effort between government and industry to ensure every American has the resources they need to stay safe and secure online.
The infographic, titled “Stop the Reach of Cyber Criminals,” contains harrowing statistics, including the fact that cybercrime will cost the world $6 trillion annually by 2021―representing the greatest transfer of economic wealth in history and more profitable than the global trade of all major illegal drugs combined. According to a Gallup study, Americans are more worried about being a victim of cybercrime than being a victim of a violent crime.
“Cybercrime is one of the greatest threats to any company today, regardless of size,” said Bill Calpin, CEO for Digital Envoy, parent company of Digital Resolve. “Criminals are moving down to smaller business levels. If you house information, then you are a legitimate target. Employees need to be trained to be smarter about suspicious emails, and companies need to have a layered security strategy to secure their networks and data.”
The infographic includes numerous statistics from well-recognized organizations and research firms to help demonstrate the impact of this growing threat. Cyber criminals are hard at work trying to gain access to online accounts, information, and transactions for personal and monetary gains, yet only 2 percent of IT budgets are being used for security. In particular, 92 percent of cyberattacks begin with an email, and 43 percent of cyber-attacks are targeted at small businesses. And, the business impacts can be catastrophic, with the average cost to recover from a successful phishing attack coming in at $1.6 million.
The visual shows the need to escalate efforts to stop these types of attacks. Only 30 percent of companies, on average, enforce mandatory authentication requirements for internal corporate applications. Not enough companies are taking the right measures to proactively address these issues.
For companies that need proven security to prevent unauthorized access to accounts and sensitive information, verify legitimate users and to protect online transactions and interactions, the Digital Resolve Platform is a cost-effective and easy-to-deploy solution that effectively mitigates risk on day one of deployment. The platform was designed by a team of seasoned experts to provide a comprehensive view of all transactions and interactions, unlike other solutions that merely detect events in isolation. Furthermore, real-time intervention options and a frictionless user experience mean that you can maintain confidence and trust among your user base- all while providing real-time protection against potential risks.
To view the complete infographic, click here
About Digital Resolve
Since 2004, Digital Resolve has delivered solutions that help companies maintain trust and confidence among their audiences through proven and cost-effective fraud-protection and identity intelligence technology. The Digital Resolve platform provides the industry’s only solution that couples its proprietary and substantiated multifactor authentication (MFA) and behavioral monitoring technology with its own single sign-on (SSO) capabilities to deliver proactive protection that secures online accounts, information and transactions―from login to logout. For nearly 15 years, enterprises across a number of industries, from financial services to fast-growth technology to small- and medium-sized businesses to healthcare, have benefitted from having a single, easy-to-deploy solution that provides comprehensive security for online users.