Polyguard provides a secure communication platform for wealth managers, utilizing a proprietary identity verification process that combines one-time document proofing, periodic facial recognition, and advanced encryption. This technology protects critical phone conversations from AI-powered fraud and social engineering attacks, which are increasing at over 3,000% annually, safeguarding both clients and financial institutions from significant financial losses.
Funding
Funding not disclosed
Founders
Product
Problem
Wealth managers and their clients are increasingly vulnerable to AI-powered fraud and social engineering attacks that target phone communications, leading to significant financial losses and reputational damage. Traditional security measures are insufficient to guarantee the identity of counterparties during phone conversations.
Solution
Polyguard provides a secure communication platform for wealth managers that ensures the identity of both parties on a phone call. The platform employs a proprietary, privacy-first identity verification process that combines one-time document proofing, periodic facial recognition, and advanced encryption methods. By guaranteeing the identity of counterparties, Polyguard protects critical phone conversations from AI-powered fraud, voice cloning, and social engineering attacks. The system is designed to be easy to use, with enrollment taking less than 30 seconds and secure calls made with a simple click on the contact list.
Target Audience
Polyguard's primary customers are wealth managers and financial advisors seeking to protect their clients and firms from phone-based fraud and social engineering attacks.
Features
- One-time document proofing using driver's license or other identification.
- Periodic facial recognition to continuously verify identity.
- Cutting-edge encryption methods to protect call content.
- Fusion of 2D and 3D biometric processing for enhanced security.
- Automatic secure calls with a simple click on the contact list.
- No client-side fees; the system is sold exclusively to financial advisors.