In 2017, reported data breaches hit an all-time high. According to the Identity Theft Resource Center, around 1580 data breaches occurred last year. That is why Token is helping to protect consumers when they make purchases and share information online.
Zohar Steinberg is the founder and CEO of Token. He says, "If you don't want your data to be stolen, don't put it out there." Token encrypts users' data and therefore makes it nearly impossible for hackers to steal.
Token is happy to be helping consumers take matters into their own hands.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
