It’s astonishing that consumers are now putting their own data at risk, by failing to use these measures, despite growing concerns around their security. It’s resulting in an alarming amount of breaches – 80% – being caused by weak or previously stolen credentials. Something has to change soon on both the business and consumer sides or this is only going to get worse.
- Jason Hart, CTO, Identity and Data Protection at Gemalto.
Passwords are the weakest link in cyber security
-said Michael Chertoff, former Secretary of the U.S. Department of Homeland Security.
You can change a password but you can’t change your fingerprint or iris.
In a study of 905 phishing attacks, 91% were after user credentials. 63% of data breaches result from weak or stolen passwords.
As the next-generation cybersecurity platform Cyberus Key eliminates completely user IDs/passwords and use of ANY type of user credentials that can be stolen.
Cyberus Key is the first system for the “post-credential era”- a one click, password-less login system using smartphone. No passwords to remember or type anymore, no user credentials – nothing for hackers to steal, no phishing attacks.
“Cybersecurity Ventures predicts cybercrime damages will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015.”*
Cyberus Key is a user login system that is both simple to use and ultra-secure for companies and their clients preventing such heavy financial and reputation losses
“A majority (70%) of consumers would stop doing business with a company if it experienced a data breach, according to a survey of more than 10,000 consumers worldwide conducted on behalf of Gemalto. In addition, seven in ten consumers (69%) feel businesses don’t take the security of customer data very seriously”. *
CYBERUS KEY is a perfect login solution for internal company employee use and for external clients across many sectors: fintech, banking, eCommerce, healthcare, on-line media.