Financial Crimes Expert Jacob (Jake) Kakareka Joins Vialok

 
 
Jake Kakareka
Jake Kakareka
 
Spread the Word
Listed Under

Tags:
* Vialok
* Real Estate
* Real Estate Technology

Industry:
* Technology

Location:
* Orlando - Florida - US

Subject:
* Executives

ORLANDO, Fla. - June 29, 2018 - PRLog -- Vialok, a real estate transaction security firm, is pleased to announce that security fraud expert Jacob (Jake) Kakareka has joined the company's Board of Advisors as the firm's Financial Crimes Expert.

"Jake is an expert in fighting financial crime," said Stewart Holley, co-founder of Vialok. "Jake's extensive experience working in cybersecurity and intelligence operations has been extremely helpful with our product development."

Kakareka is a decorated military veteran and has been instrumental in developing security protocols, both physical and cyber, for the military. In his current capacity with the Florida Counter Drug Program, he is involved in research, analysis, and distribution of complex information on large-scale domestic and international narco-terror related crimes.

In his primary role with Vialok, Jake advises Vialok on how to use financial metadata to identify and disrupt financial crimes.

"Vialok's groundbreaking anti-fraud software is the most elegant solution for combating wire fraud that I have seen in years," he said.

His training includes compliance and fraud, imposing sanctions, anti-money laundering (AML), and fraud controls and programs at financial institutions. Jake has a master's degree in Criminology and Criminal Justice from University of North Florida.

Earlier this year, Vialok announced its new security solution, developed specifically to secure transactions between title agents, lenders, buyers, sellers and their agents. According to data provided by the FBI, in fiscal year 2017, nearly $1 billion ($969 million) was "diverted or attempted to be diverted" from home buyers via escrow scams — something cybercrime professionals say will continue to grow in popularity.

With Vialok's technology, title agents, real estate agents, and underwriters have a secure solution for making requests for, and approving changes to settlement instructions with end users—preventing hackers and scammers from accessing banking and personal data. The Vialok solution requires end users to securely approve or deny changes to disbursement or payment instructions, and has multiple layers of user authentication without slowing the process down or making it difficult for someone to use.

Powered by Keypasco®, Vialok provides protection against real estate and fraud scams such as email spoofing, device tampering (including cloning, debugging, and more), user credential interception, and gaps in security. This technology fully integrates with any platform, requires both device and person authentication, and it's less intrusive - the software authenticates in the background, and title agents have the capability of administering their own accounts. It is also accessible from any mobile device.

Vialok's mobile app is intuitive and the administrative desktop interface for their customers, the title companies and real-estate agents, makes initiating the request for authentication easy.  The app allows home buyers and real-estate/title agents to securely transfer wire payment information on home purchase/sales transactions in an effort to prevent fraud in real-time. The app is revolutionary being that it is one of just two technologies available in the industry.

Vialok was formed in 2015 by Stewart Holley and David Harrington. The pair saw a need for a secure method of wire transactions. The company's mission is to provide fraud mitigation solutions that are secure, affordable, effective and easy to implement. The company is located at 933 Lee Rd., Suite 100, Orlando, Florida. They can be reached at https://www.vialok.com/, or 407-574-3471.

Contact
Jamie Holley, Advertising/Marketing Administrator
***@vialok.com
End
Source:Vialok
Email:***@vialok.com
Tags:Vialok, Real Estate, Real Estate Technology
Industry:Technology
Location:Orlando - Florida - United States
Subject:Executives
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Page Updated Last on: Jun 29, 2018
Marketing 2 Go News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share