Assisted to Prevent $125 Billion of Attempted Fraud by Helping California’s Employment Development Department Assisted to Prevent _125 Billion of Attempted Fraud by Helping California's Employment Development Department-01, Inc., the secure digital identity network, earned accolades from California Governor Gavin Newsom’s office for successfully supporting the California Employment Development Department (EDD) to deploy its identity verification system and helped prevent $125 billion in attempted fraud.

“ works to support California EDD by saving taxpayer dollars and preventing identity theft while safely and securely providing Californians with access to government,” said Blake Hall, co-founder and CEO. “ prevents fraud through heightened security assurance measures while at the same time expanding access to those who may struggle with older identity verification methods because they lack a credit history, bank account, or home address.”

Also Read: Communication is Key to Addressing Ransomware and Extortion began supporting California EDD in October 2020, helping the agency when it began a two-week reset to combat fraud and automate processing for a higher percentage of claims by successfully implementing an identity verification tool into UI-Online, the system used in California to apply for unemployment benefits, including the enhanced benefits made available during the COVID-19 pandemic. The state said it chose because it “operates in a user-friendly automated process” as part of an effort to reduce claims needing manual processing, which was required for an estimated 40 percent of claims.

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