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.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
