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.
The Consumer Financial Protection Bureau says that buy now, pay later lenders are basically credit card providers and must provide the same protections.
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