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%...
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.
At least 10 U.S. government agencies are planning to increase the use of facial recognition technologies by 2023, according to a GAO report. The growing utilization comes as facial recognition technology raises privacy concerns.
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.
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?
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.
The federal government and states should add more layers of authentication, including biometrics, to thwart fraudsters' efforts to obtain unemployment benefits, says Eva Velasquez, president and CEO at the Identity Theft Resource Center.
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.
The U.S. government should take a number of steps to help minimize the risk that benefits provided by the next rounds of economic stimulus programs designed to provide relief from the impact of the COVID-19 pandemic are not fraudulently obtained, security experts say.
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.
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