Yoti is trying to help guard against phishing emails during the COVID-19 pandemic. In that regard, the company has emphasized its partnership with Galaxkey, an email security provider that utilizes three layers of encryption to protect the contents of each message.
With Yoti, Galaxkey is able to supplement that encryption with biometric authentication to build trust between the recipient and the sender. To take advantage of the new feature, a user must first scan a QR code and verify their identity through the Yoti app. Once that process is complete, the email will get a Yoti stamp that lets the recipient know that the person sending the email is indeed the person they claim to be.
Yoti and Galaxkey first joined forces in October of 2019. The joint solution is intended to help businesses that need to comply with strict Know Your Customer regulations, and to help users distinguish spam from legitimate messages. The goal is to eliminate the threat of phishing fraud and to prevent people from clicking on links that could compromise their security.
Multiple organizations have noted that phishing attacks have increased since the onset of COVID-19. Yoti, meanwhile, called attention to a recent study that showed that 32 percent of all cyberattacks involve phishing in some capacity.