{"id":4676,"date":"2012-10-03T19:04:00","date_gmt":"2012-10-03T19:04:00","guid":{"rendered":"https:\/\/evssolutions.com\/why-identity-verification-should-be-in-your-2013-budget\/"},"modified":"2012-10-03T19:04:00","modified_gmt":"2012-10-03T19:04:00","slug":"why-identity-verification-should-be-in-your-2013-budget","status":"publish","type":"post","link":"https:\/\/evssolutions.com\/insights\/why-identity-verification-should-be-in-your-2013-budget\/","title":{"rendered":"Why Identity Verification Should be in Your 2013 Budget"},"content":{"rendered":"

The holidays are on everyones minds with all the major ones
\nquickly approaching. As consumers begin their frantic scramble to be prepared,
\ncompanies are doing the same. It seems that regardless of the industry, Q4 is
\nalways the busiest time of the year. With the digital revolution nearly in full
\nswing, activity online during Q4 is going to increase rapidly. From online
\nbanking to shopping online, many consumers will be turning to their computers
\nand mobile devices to take care of holiday errands. This is prime time for
\nonline hackers and identity thieves to make their move as consumers share out
\ntheir personal information online more than ever. Most will get their errands
\ncompleted with no issues; while some will be hit with identify
\ntheft<\/a> like one of our team members did last week.<\/p>\n

<\/p>\n

While shopping and To-Do Lists are on the mind of consumers,
\nbusinesses should have their 2013 planning and budgeting in the works. Those
\nwho have strong fraud prevention
\nsolutions<\/a> already in place should continue investing their time and
\nresources into keeping their consumers and business safe. Companies who do not
\nhave any fraud prevention measures currently integrated need to understand the
\nimportance of online
\nsecurity<\/a> in planning for 2013. In efforts to understand why identity
\nverification and authentication should be in any companys 2013 budget, we
\ninterviewed Jeff Davis, President and CEO.<\/p>\n

What has been the biggest threat to
\ncompanies this past year that has led them to EVS?<\/span><\/span><\/em><\/p>\n

Merchant
\ncharge backs online from stolen credit cards. Thieves are getting very
\ntricky and able to work around multi-factor authentication and other basic
\naccount info.<\/span>KBA out of wallet authentication<\/span><\/a> is showing to be the best
\nmethod to stop online fraud.<\/span><\/p>\n

Why is fraud prevention so important going
\ninto 2013?<\/span><\/span><\/em><\/p>\n

Economic
\nconditions are leading to an increase in fraudulent activity. With
\nbusinesses dealing with low volume\/margins and unemployment over 8%, fraud is
\nincreasing while businesses are less able to absorb the losses.<\/span><\/span><\/p>\n

How much is enough? If companies are
\nlooking into implementing identity verification and authentication next year,
\nwhere should they start?<\/span><\/span><\/em><\/p>\n

Start
\nwith building a solid, upfront enrollment process to weed out false
\nidentities. Verify people when they walk in the door, then you can
\ntrust them down the line. After that, look at trends and identify fraud
\nthrough variances. <\/span><\/p>\n

<\/span>What about the small guys? With start-ups
\nbeing more popular than ever, how can they protect themselves online in 2013?<\/span><\/span><\/em><\/p>\n

Same as above. Ensure only the right
\npeople are allowed in.<\/span><\/p>\n

<\/span>Why is 2013 the year for better online
\nsecurity?<\/span><\/span><\/em><\/p>\n

Now more than ever, fraud is becoming more prevalent and it’s most commonly simple ID theft.<\/font><\/p>\n

<\/span><\/p>\n

[Contributed by
\nEVS Marketing]<\/p>\n<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The holidays are on everyones minds with all the major ones quickly approaching. As consumers begin their frantic scramble to be prepared, companies are doing the same. It seems that regardless of the industry, Q4 is always the busiest time<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34,35],"tags":[],"class_list":["post-4676","post","type-post","status-publish","format-standard","hentry","category-fraud-prevention","category-identity-verification"],"acf":[],"_links":{"self":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/comments?post=4676"}],"version-history":[{"count":0,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4676\/revisions"}],"wp:attachment":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media?parent=4676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/categories?post=4676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/tags?post=4676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}