Identity theft is the theft of the credentials that consumers use to conduct online commerce. When controls and systems are inadequate, the credentials that people use to authenticate to their credit card companies, banks or shopping sites may be disclosed to the wrong people. Thieves have developed many ways to masquerade as seemingly legitmate entities to collect this information.

Once perpetrators have the information they can use it as if they were the victim, running up credit card debt, or taking money out of bank accounts or investment savings.

StrongData™ offers the only two factor authentication for e-commerce transactions that does not require change to merchant or consumer behavior. To find out more contact us.