We’re stuck with a system that forces customers to duplicate key processes.
That means multiple copies of sensitive personal documents are stored with multiple services.
That’s not just frustrating for customers. It also greatly increases the risk of data breaches. In recent years we’ve seen just how severe those risks are – breaches get bigger and more frequent all the time.
Thanks to Nuggets, businesses no longer have to hold onto sensitive customer information, hugely reducing the risk of data breaches.
Nuggets is a comprehensive solution to identity fraud and data breaches. Because it makes sure customers keep control of their own personal data and documents.
Every day brings news of highly damaging and costly data breaches
Recent years have thrown up a host of alarming statistics:
- Data breaches exposed 4.1 billion records in the first six months of 2019 alone
- 89% of healthcare organisations had patient data lost or stolen in the past two years
- The number of people affected by health data breaches leapt by 80% between 2017 and 2019
- Healthcare is the most expensive industry for a data breach, with an average cost of $6.45 million
- In 2019 Financial services had 352,771 exposed sensitive files on average. The average for Healthcare, Pharma and Biotech is 113,491 — the highest when comparing industries.
- Almost two-thirds of people use the same password across multiple accounts
- 80% of hacking-related breaches are linked to passwords
- 33% of those whose accounts were compromised have stopped doing business with companies and websites that leaked their credentials
- In one incident alone, a large US real estate and title insurance company exposed 885 million sensitive financial records, including Social Security numbers and tax documents.
Nuggets allows your customers to own and control their own documentation, in their own secure digital vault.
They can continue to share documents (like photo IDs, utility bills and bank statements) on a read-only, time-restricted basis between the specified parties, for regulatory or auditing purposes. But your business doesn’t have to hold that data – saving your business the responsibility, and the cost.
Fully customisable. Easy to integrate. Cross-platform.
Nuggets is a white-label identity solution. Deploy it the way that makes sense for you and your customers. It integrates with compliance processes, payments and your customer experience.
Consumer-grade and enterprise-ready.
Nuggets is available on Android and iOS, desktop and multiplatform.
GET IN TOUCH
