Erick Hunt

As more people move to the virtual world to conduct their daily activities, businesses are taking this opportunity to move their operations online. By doing so, they can attract more leads, which will enable them to generate sales and revenues.  However, with the increase in use of digital platforms for online shopping or financial transaction processing, fraud matches the pace. Fraudulent individuals are taking advantage of enterprises with weak defenses. Cybersecurity threats can cause a business entity to incur financial losses, reputation damage, and customer distrust.  Therefore, to reduce fraud risks, enterprises operating digitally must leverage digital identity verification solutions.…