Daon

The negative effects of COVID-19—mass unemployment high among them—have been far-reaching, and negative news coverage abounds. But perhaps that negativity is overdone.

Researchers analyzed the tone of COVID-19 related English-language news articles written since January 1, 2020. The results, issued November 2020, found, “91% of stories by U.S. major media outlets are negative in tone… even in areas with positive scientific developments including school re-openings and vaccine trials.”

In this blog, we’ll aim for an even mix of negative and positive, starting here:

The Bad: Cyberattacks and fraud have increased significantly.

The Good: The tech already exists to effectively solve these challenges, and quickly.

Financial institutions are always prime targets for fraud, theft, and other malicious practices, and the banking industry in particular has been subjected to an increasing number of scams and hoaxes over the past year.

What's changed? When the COVID-19 pandemic forced customers who typically visit a physical bank branch to conduct their sensitive business online, it left those customers newly vulnerable—protected only by traditional (and flawed) online security protocols, namely passwords and PINs. 

VeriFLY was recently featured on the popular French TV program, SMART TECH. Our own Bertrand Saby, VP Western Europe, stopped by to discuss how VeriFLY is now the most widely accepted mobile health passport, providing confidence to travelers worldwide. Watch the segment here.