Businesses and individuals have a vested interest in protecting their online information. But data breaches have become common, and the majority of them can be traced to a problem with a password.
According to the 2019 Verizon Data Breach Investigations Report, 80% of hacking-related breaches are caused by compromised or weak passwords.
LockDown, a central Ohio-based company, aims to eradicate the need for passwords with its patented encryption technology. CEO AJ Auld said the LockDown messaging platform anchors a user’s digital identity to his or her smartphone.
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Story excerpt provided by The Columbus Dispatch.
Written by Erin Laviola.
Originally published May 17, 2020.