Email phishing is an age-old method of cyber crime that is becoming increasingly more sophisticated with modern technologies. According to Verizon’s 2019 Data Breach Investigations report, 32% of all cyber attacks involved phishing, which poses a huge threat to large organisations and individuals.
Our latest partnership with Galaxkey offers an innovative way of tackling this global problem.
Combining Galaxkey’s high-level encryption and Yoti’s biometric authentication technology, recipients of an email can now verify the identity of the sender and protect their data in transit and at rest.
Our identity verification solutions help businesses carry out their KYC checks and mitigate fraud across a range of industries, from gaming to financial services.
Receiving secure emails with KYC is a significant leap in email security. If implemented across the board, phishing emails could be eliminated.
This is thanks to Galaxkey’s secure data protection platform that enables users to secure their data and emails. The high assurance security platform is underpinned with government and banking-grade encryption processes which ensure private information is securely sent.
Combined with Yoti’s biometric authentication technology, Galaxkey can now offer a way for customers to verify the identity of an email sender,as well as protecting the information.
When someone sends an email, the Yoti transaction is recorded, and the email is encrypted using this transaction as one of the encryption components.
The recipient gets a Yoti stamped email and can easily verify the identity of the sender.
The recipient verification and the email transaction verification make it easy for organisations to ensure that the person sending the email is who they say they are.
We are really excited about this powerful partnership and our potential to heighten cybersecurity across the globe.
To see for yourself how Galaxkey works, you can up for a 14-day free trial on their website.