18% of employees admitted to sharing their password.
In 2008, the average cost per incident of a data breach was $6.7 million, and lost business averaged $4.6 million.
64% of losses were due to the actions of insiders at the company.
A shocking 11% of employees reported that they or their fellow employees accessed unauthorized information and sold it for profit.
Business travelers lose more than 12,000 laptops per week in US airports.
31% of customers terminate their relationship with organizations following a breach.
Businesses lost over $1 trillion to cybercrime in 2008.
77% of companies think their networks are not secure.
The per capita cost of a data breach already exceeds $1000.
39% most concerned about threat from employees, not hackers.
About
Our Mission
Veritrix creates irrefutable and foolproof identification solutions for the public good, to fight cybercrime, and to protect you.
Cybercrime and identity crime rates are soaring. Companies desperately need trustworthy identification that can’t be tricked or spoofed, and is compatible with common hardware. No technology has existed that can meet these needs, until now!
Sovay identification uses common hardware, is easy to use, and can’t be deceived.
Veritrix’ Sovay identification readily and reliably identifies users, and profoundly improves:
- Security of corporate financial and customer records
- Security of corporate intellectual property
- Security of utility installations, such as water treatment plant control facilities
- Building security
- Security of individual financial and personal records
- Child online safety
- Rates of identity crimes
- and much more.
Sovay identification is the dawn of a new age of identity security.
Our People
Paul Headley - CEO & Chief Architect
When I first conceived of Sovay identification it was clear the unprecedented growth in cybercrime is the direct result of anonymity in logins.
Criminals invent identities to prey on children, to prey on people engaged in regular commerce and to run elaborate scams. Criminals steal identities to gain access to sensitive information and take money. All the while, no one knows who is really behind the login. Take away the anonymity and you take away the criminal’s means of escaping prosecution. In a few seconds Sovay positively identifies the person logging in and knows if that person is is the correct person. Sovay immediately warns you when your account is under attack. Isn’t it time we know who’s logging in?
Finally, an identification method meeting the needs of consumers and industry.
Our Team
Our team is very experienced at creating and bringing new technology solutions to market. The technology core of our team has been working together for five years and have co-founded Veritrix in 2008 to bring this incredible identification solution to market.
Resources
Visit our Resources Center for more information about using Sovay. You can also explore “Ask Sovay“, a column where questions about identification and authentication are answered.
How Sovay Works
Login Demonstration Video
Registration Demonstration Video
Contact Us
Veritrix, Inc.
PO Box 1014
Palo Alto, California 94302
USA
Email: sales@veritrix.com
Tel: +1 408 676 WE ID (9343)
Web Site Feedback
Send us comments or suggestions about our web site. Please report any web site problems. Email: webmaster@veritrix.com
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