Editorial

iProov: Consumers are looking for better Identity Verification as Pandemic hacking increases

Firm’s CEO: the crisis is going to accelerate a lot of trends in areas like Identity, health data, financial data, authentication, security, video conferencing. “We will see many many years of progress in a short time”

Posted 28 May 2020 by

72% of consumers (72% in the US/71% in the UK) say Authenticating their Identity online is more important than ever before, while 82% feel hackers are taking advantage of the Coronavirus crisis – and government and businesses alike need to step up.

That’s the Pandemic warning from Authentication firm iProov whose CEO, Andrew Bud, says the crisis “is going to accelerate a lot of trends in areas like Identity, health data, financial data, authentication, security, video conferencing – we will see many many years of progress in a short time”. 

Bud shares his concerns on a new company blog, which details a survey of 1000 consumers in the UK and 1000 in the US about their use of technology during coronavirus.

69% overall (69% in the US and 70% in the UK) told his research team they expected to use more online banking/health/shopping services as the pandemic continued.

But 63% of consumers overall expected to receive scam offers, followed by fake news and health misinformation. The US and UK were generally aligned in which attacks they expected to see, although US consumers expected to see more of each of them, the firm adds.