TransUnion’s survey revealed ~46% of consumers worry about being victimized by fraud. Vikas Dua, COO of portfolio company Ocrolus, discusses ways consumers can better protect themselves.
"Dual-factor authentication and similar security measures are useful and necessary to protect access to all content, structured and unstructured," says Vikas Dua, COO of Ocrolus, a fintech infrastructure company that transforms documents into actionable data. "Authentication requires confirmation from a second device, like a cellphone, before logging in, and works well when protecting customer data."