Biometrics, device-based risk scoring solutions and geo location can be helpful tools for tackling ID fraud, says Trace Fooshee, senior analyst at Aite Group, who calls for a layered approach.
Investigators probing the violent storming of the U.S. Capitol by a mob on Wednesday have been seeking images and help in identifying suspects. The FBI, which is leading the investigation, has a range of investigative tools and technologies to help, including facial recognition software.
What's needed to make a shift from traditional IAM to CIAM? To start, an organization needs to look at fraud detection solutions and risk-based authentication technologies such as device intelligence and behavioral biometrics, says David Britton of Experian.
Fraud explodes in tough times, and do times come any tougher than they have with COVID-19? In this latest Cybersecurity Leadership panel, CEOs and CISOs describe their efforts to spot and stop emerging fraud schemes involving synthetic IDs, social engineering and greater insider risks.
As we approach 2021, the global pandemic brings a laser-focus to both risk and user experience. Digital transformation and demand for flexible, secure access drives our need for machine-scale, frictionless authentication and continuous authorization to prove digital identities match the humans behind them. Dr. Shook...
Validating identity across every digital channel is essential to track money movement information and help control P2P payment fraud, two fraud-fighting experts say.
Today's banking market is facing an unprecedented level of disruption from open banking and new players, both of which are working to redefine the role of the bank itself. When you combine this era of disruption with the challenges of addressing rising levels of fraud, maintaining competitiveness within your financial...
The rise of digitalization and increasing amounts of data creates both opportunity and risk for banks.
View this infographic to learn about:
The dark side of digitalization including the uptick in fraud attempts;
Providing a superior and seamless user experience with high-level security and streamlined enablement...
Digital identity will be a dominant technology trend over the next decade, within the financial services industry, and more broadly in our digital economies. But banks can't take their prime position in digital identity for granted. Even in countries where banks have already driven the digital identity agenda,...
Too many companies that are implementing behavioral biometrics to combat fraud lack a complete understanding of how to make the most of the technology, says David Lacey, managing director at IDCARE, Australia and New Zealand's not-for-profit national identity and cyber support service.
Continuous authentication can play a key role in combating fraud, says John Buzzard, lead fraud and security analyst at Javelin Strategy & Research, who discusses the role of behavioral biometrics.
Cloud computing offers organisations the ability to develop new technologies in less time, with a lower barrier to entry. As security leaders in government and regulated non-government enterprises migrate to public, private or hybrid cloud, they require strong security to prevent data breaches, protect sensitive...
Cybercrimes, and the reputational and financial damage to businesses that suffer from them, rise every year. It's estimated that the cost of breaches, identity theft, and other cybercrimes will double, from $3 trillion in 2015 to $6 trillion in 2021. Advanced authentication prevents 70% of account fraud, meaning that...
Behavioral biometrics is seeing wide adoption and is helping organizations proactively fight fraud, says Alasdair Rambaud, CEO at SecuredTouch. who describes the latest innovations.
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