Evaldas Stonkus, the business leader of the company in Lithuania, introduced the 'Smart-ID+' as a solution to combat increasing threats in the digital space and comply with ever-changing regulatory requirements. This solution aims to provide enhanced security against fraud for individuals and a reliable system that meets top security standards for organizations, thereby reducing the risk of cyberattacks and helping maintain competitive advantage.

In today's digital environment, reports of fraud cases are not decreasing, and the methods used by criminals, particularly social engineering techniques, are becoming more varied and sophisticated. The Smart-ID+ employs modern cryptographic solutions to bolster the safety of both citizens and service providers. A crucial feature of this solution is that actions such as logging in or transferring money can only be initiated through the Smart-ID application, ensuring that individuals must initiate and confirm each transaction on their mobile device. This significantly complicates the possibility for fraudsters to deceive users into approving actions that they did not initiate.

The introduction of Smart-ID+ marks a significant step in improving both individual and organizational security in Lithuania's digital ecosystem. As the frequency of cyberattacks continues to grow, adopting such advanced protective measures is vital for instilling public confidence in digital transactions and ensuring compliance with regulatory frameworks, ultimately contributing to a safer digital environment.