Company Stats

• Founded: 2020
• Employees: 25

Episode Highlights

• ✅ AI deep fake attacks highlight the need for stronger online identity verification.
• ✅ Multi-factor authentication (MFA) is essential for securing online accounts.
• ✅ Cybersecurity is crucial for all businesses, regardless of size or industry.

Episode Summary

In this episode, we sit down with Aaron Painter, CEO of Nametag, a company specializing in ID verification to protect online accounts. Founded in 2020, Nametag has grown to employ 25 people. Aaron discusses the increasing threat of AI deep fake attacks and how these incidents underscore the need for robust identity verification solutions. He shares a recent case where a deep fake video call was used to fraudulently authorize a $25 million transfer, highlighting the vulnerabilities in current security systems.

Aaron also talks about his background at Microsoft and his transition to entrepreneurship. He emphasizes the importance of multi-factor authentication (MFA) for securing online accounts and warns against relying solely on SMS-based MFA due to its vulnerabilities. For smaller businesses, Aaron advises implementing strong cybersecurity measures, including MFA, and considering external help to secure their systems. He underscores that cybersecurity should be a fundamental concern for all businesses.

Chapters

00:00 Intro

00:06 Company Stats

00:19 The Deep Fake Wake-Up Call

01:44 Inspiration Behind Nametag

02:52 Aaron's Journey at Microsoft

03:35 Transition to Entrepreneurship

05:03 Cybersecurity Advice for Small Businesses

09:02 Connect with Nametag