Trust in the new world: The evolving role of the Chief Risk Officer

PayPal CEO: Fraud cost U.S. retailers approximately $32 billion in 2014, up from $23 billion just one year earlier. 500 million and 1 billion identities were stolen globally last year due to data breaches. PayPal was a founding member of DMARC and of the FIDO Alliance and recently participated in the White Houses Cybersecurity Summit. PayPal believes there needs to be a future where a password is no longer needed but it will take industry collaboration and a focus on building trust to get there.”]

Source: https://www.csoonline.com/article/2955922/trust-in-the-new-world-the-evolving-role-of-the-chief-risk-officer.html