Jeremy Grant, coordinator of the Better Identity Coalition, joins three ISMG editors to discuss important cybersecurity issues, including how the Biden administration’s executive order will advance the identity cause, and whether we are any closer to finally abandoning the password.
The U.S. Federal Trade Commission reports that impostor scams were the #1 type of fraud reported by consumers last year, with losses to American consumers nearly $30B. UK Finance reported an increase in authorized push payment fraud last year with loss of more than £479M, and top UK bank Barclays reported a 20%...
The conversation around biometrics can be a complex one, taking in face verification, fingerprint and iris scans, voice recognition, and various other alternatives. For people new to the space, it’s been a tricky field to navigate - until now.
Drawing on years of industry experience and expertise, Biometric...
As the last U.S. military flight lifted off Tuesday evening from the airport in Kabul, Afghanistan, what's been left behind reportedly includes a vast trove of biometric data that could be used to identify - including for interrogation or execution - individuals who assisted the occupying NATO forces.
How can insurers take advantage of face authentication to verify customer identity online and prevent fraud?
We've all heard gruesome stories of people hiding a corpse so they can continue to claim a friend or relative's pension. Unfortunately, deepfakes and other technology make it much easier for fraudsters to...
Security specialists are offering preliminary feedback on Microsoft's sneak peek at the new security measures to be included in the Windows 11 operating system, which is slated for release in December.
Jim Bray of Identité, an authentication solutions firm, and Steve Ledford of The Clearing House, a payments platform that all federally insured U.S. depository institutions are eligible to use for payments, discuss the role that biometrics can play in preventing P2P payment fraud while maintaining consumer...
With consumers relying more heavily on e-commerce during the pandemic and beyond, leveraging behavioral biometrics for authentication is an effective strategy, says Coby Montoya, a fraud-fighting and authentication strategist at a financial company.
The European Union has officially proposed a strict new regulation on artificial intelligence that would ban the use of biometrics for surveillance, citing privacy concerns. The regulation would prohibit the use of facial recognition and other biometrics in public places.
No script, no filter: Just Microsoft’s Edna Conway and Cisco’s Wendy Nather gathering with privacy leader Michelle Dennedy to discuss the impact of the SolarWinds supply chain attack and to play Buzzword Mystery Date with SASE, CIAM and "passwordless" authentication - are these trends dreamboats or duds?
As Europe continues to debate the extent to which artificial intelligence should be allowed in public and other spaces, a draft EU regulation - leaked to a news site - shows some European lawmakers moving to restrict the use of facial recognition technology for surveillance.
For a long time now, financial industries have been known for embracing innovation to meet the ever changing consumer needs. As we move through accelerating digitization, data remains at the crux for personalized content, offers, and product recommendations. On top of this, a good digital experience which is...
Organizations should go beyond one-time passwords to include other layers of authentication as they strive to mitigate the risk of synthetic ID fraud, says Amy Walraven, president of Turnkey Risk Solutions, a Newark, Delaware-based risk management company.
Speech recognition has become a powerful tool for authenticating customers in a seamless manner, says Sekar Jaganathan, director of digital strategy at Malaysia’s Kenanga Investment Bank.
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.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.co.uk, you agree to our use of cookies.
