Verification is Important for Data Security, Here's the Proof!

Verification is Important for Data Security, Here's the Proof!

One of the concerns in utilizing modern financial technology is data security. When there's no guarantee of data security for each user, there's something wrong with the system. Ideally, data security systems should be able to safeguard and manage the data of each user. One of the processes for safeguarding is through verification. Verification is the examination of truthfulness.

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Have you ever encountered information about verification when accessing a website? If so, don't worry. Verification is crucial, and you need to fill it out as a requirement for data matching. If verification fails, you are not allowed to proceed to log in to your account or to the website page.

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To delve deeper into verification, the article below will help you understand the definition of verification and how Brick works to secure data.

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Definition of Verification

Referring to the KBBI (Indonesian Dictionary), verification is the examination of the truthfulness of reports, statements, money calculations, and so forth. In another sense, verification is confirmation that provides evidence so that all requirements can be met. Verification can also be interpreted as a comparison of two things that function to ensure the accuracy of information. In terms of data security, verification is crucial because without data matching, users cannot access the website or application they desire.

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Some websites or applications sometimes ask users to enter passwords more than once. This is to ensure confirmation to avoid initial mistakes. Thus, the website or application truly ensures data security.

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The Importance of Verification for Data Security

There are five things you need to know about the importance of verification for data security:

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Preventing Others from Knowing Personal Data

‍The opportunity for cybercrime in the online world can happen anytime and anywhere. One such criminal behavior is data theft, whether it's financial data or personal data of individuals. To anticipate this, you need to limit giving out data such as identification numbers, bank account numbers, usernames, and passwords. Do not let this data fall into the hands of irresponsible individuals to prevent data misuse.

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Protecting Financial Data

With the rapid development of financial technology, you can store financial or banking data in various financial applications. However, remember that you need to find applications or financial services that prioritize data security. One of the ways is through verification. If the financial service has a verification system, it will reduce the risk of data theft using your personal account.

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Protecting Yourself from Future Threats

Every individual or user needs to protect their digital privacy well. This is not for the short term but for the long term. Perhaps you never thought that the data you have is truly valuable. However, that data could be valuable to someone else. Therefore, it's better to hide even the smallest information.

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Avoiding Data Theft and Robbery

By safeguarding personal data, you can actually avoid data theft and robbery. One way is to not provide personal information to others, such as your national identification number, bank account number, health insurance number, username, or even your password. This is related to actions that can be carried out by irresponsible individuals. Eventually, your account could be misused for transactions, leading to bankruptcy.

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Maintaining User's Career

As a user who utilizes various financial applications, personal data is your asset when making transactions. If transaction records go smoothly, you will receive rewards from the application. Conversely, if you have a bad transaction record, you could end up on a blacklist. Bad transaction records can occur because you are often considered to be in debt when you are actually not. Why can this happen? Because your data is stolen and misused by irresponsible parties. If this happens, your reputation will be tarnished. Furthermore, it will threaten your future career.

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To overcome data theft and maintain the confidentiality of customer's personal data, Brick provides convenience in data security through the Verification API. There are three things available in the Verification API: address verification, account verification, and identity verification. With the Verification API, your business processes will run smoothly, data security will be maintained, and business relations between entrepreneurs can operate optimally.

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