In the press: John Gavigan's latest startup challenge takes on finance fraud

The entrepreneurial fire has burned strong within WireVault CEO John Gavigan since he was a teenager. After time spent guiding startups at 43North and Endeavor Western New York, it’s why Gavigan dove back into the inner workings of a startup venture with CrediVault — a company that develops financial applications that leverage blockchains in order to prevent financial fraud.

After more than a year building the company’s presence around the U.S., he feels closer than ever to lifting the Buffalo startup to new heights thanks to WireVault — one of CrediVault’s products.

“Of all the things I’ve done in my professional life, this is without a doubt the hardest,” Gavigan told The Buffalo News, “but it’s also the most rewarding.”

The Buffalo News talked with Gavigan, former New York State Attorney General and current partner at Lippes Mathias Dennis Vacco , and COO/CFO at Rupp Pfalzgraf Dominick Muto about the company’s origins, how it protects businesses from the significant problem of wire fraud, and the importance of a collaborative and supportive startup community.

“It makes sense that law firms would be the first market segment for WireVault,” Vacco said, “but I think it has applicability to any business or individual engaged in many and substantial wire transfers.”

Read the full story at BuffaloNews.com

Easily share your wire information securely with WireVault. Create a free account to get started.

Enhancing Wire Security With Robust Identity Verification: WireVault’s Partnership with TrustStamp

WireVault’s new Identity Verification Feature, developed in partnership with TrustStamp, answers this call by adding a crucial layer of defense for sensitive wire transfers.

How email security vulnerabilities help criminals commit wire fraud

If a criminal’s goal is to intercept wiring instructions, they could do so with a very simple phishing email. Once they gain access, they observe that email box for months and collect intel such as who communicates with whom – and how.

Why blockchain is the best defense against payment fraud

Cyber criminals operate on the cutting edge of technology. So should businesses. When it comes to storing sensitive client data, that means utilizing blockchain technology.

Commonly asked questions: What is WireVault and how we’re different

WireVault leverages best-in-class security measures, including two-factor authentication and blockchain technology, to protect your or your organization’s most sensitive information.

Wire fraud quietly happens all around us. Here are a few costly examples

About 80% of U.S. companies say they have been hacked by opportunistic cybercriminals who don’t need to change their playbook because vulnerable processes remain the norm.

How WireVault works: A step-by-step guide

WireVault replaces vulnerable and error-prone common practices for sharing wire transfer details with a web platform that's as user-friendly as it is secure.

‘Night and day’: How WireVault is alleviating wire-transfer worries about one law firm

Rupp Pfalzgraf Controller Terry Kosmowski used to leave the office a bit anxious after a day’s work — particularly when that day involved any transferring of funds via wire.

How WireVault makes wire transfers easier — and more secure

Emailing and texting are so ingrained in our everyday life that we don’t think twice before sharing banking instructions like account and routing numbers.

From inspiration to solution: A simple safeguard against payment fraud

Dennis Vacco didn`t need any more food for thought. As he sat down for dinner with CrediVault CEO John Gavigan to discuss ways to use the blockchain technology ...