Anonybit



The Anonybit creates a secure framework that enhances compliance, safeguards identity, and safeguards individual assets. It offers cloud-based biometrics, biometric MFA, zero-trust security, cryptography, private key sto

The Anonybit creates a secure framework that enhances compliance, safeguards identity, and safeguards individual assets. It offers cloud-based biometrics, biometric MFA, zero-trust security, cryptography, private key storage, etc.

In the Wake of SVB: 7 Identity Management Dangers

The business world is rocking right now. The impact of the Silicon Valley Bank collapse is just beginning to be felt. Some people are saying there is nothing to really do except let it play out and try for find alternatives for short term cash and other safe havens in the meantime. But this is only one side of the coin. As we all know, the money that flows through the banking system is what powers our economy, our businesses, and what puts bread on our tables. 

When I first heard the SVB news, my initial reaction was that the fraudsters are going to have a field day.  Already we are seeing the potential impact with call centers being completely inundated with concerned customers, businesses sending emails with new bank accounts and newly released phishing campaigns and social engineering scams being promoted on the dark web. My spidey senses are up and everyone else's should be as well. In terms of what could go wrong, read my blog on potential fraud vectors that people should watch out for.

 


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