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.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
