CONSUMER CYBER PROTECTION
How does Guard Point work?
There are many cybercrime activities and techniques; we are going to focus on these two techniques, Social Engineering and Phishing and describe how Guard Point helps protect you. These two techniques attempt to steal your personal information by masquerading as someone you know or as a business you may recognise. The attacks are usually quite successful given that you, as a consumer, often do not have the tools or processes to verify a person or business.
If you had the ability to verify the people/businesses you interact with, the chances of you being impacted by these cybercrime activities reduce significantly.
This is where Guard Point positions itself as a business-identity-authority acting as a gateway for communications from a business to consumers. This allows Guard Point to verify a business before providing you with their verified information and security-codes to verify the business when they contact you. This verified information and security-codes are all available in the Guard Point mobile app.
A single mobile app where you can verify the legitimacy of a business before interacting with them; we call this the Universal Business Authenticator.
Itâs important to note, if a business chooses not to use Guard Point to register an interaction with you, we are unable to provide any verification. We urge you not to answer or interact.
With a business using Guard Point, you will receive a notification on the Guard Point mobile app, detailed verified information about the business as well as a one-time security-code that you can use to verify them.
Both you and the business receive the one-time security-code; You should ask the person interacting with you to advise of the Guard Point Security Code. If they are able to provide the security code, you can then be reasonably sure that the person you are interacting with is with the business in the verified business details. Having said that, you should always be careful of sharing personal information. As a consumer, you should never share your security-codes.