Payment regulations in Europe have forced retailers to implement strong authentication that's phishing-resistant and facilitates more customer understanding, says FIDO Alliance's Christina Hulka. This has spurred a push for clients to confirm what they're purchasing and how much they wish to spend.
Artificial intelligence-driven technology purporting to recognize human emotional states "may not work yet, or indeed ever," said U.K. Deputy Information Commissioner Stephen Bonner. The office predicts greater commercial use of behavioral analysis in products over the next two to three years.
Organizations can improve security with modern authentication protocols, but the big message to the marketplace is that FIDO Passkeys give customers more convenience and deliver a consistent user experience, according to panelists on the final day of FIDO Alliance's Authenticate 2022 Conference.
Multifactor authentication needs to move away from one-time passwords sent via text message and embrace modern standards that prevent man-in-the-middle attacks. Plus, excessive identity challenges online lead to 20% of e-commerce transactions being abandoned, say experts at Authenticate 2022.
Passwords are supported everywhere. But, says Andrew Shikiar, executive director of the FIDO Alliance, "they have been proven time and time again to simply be unfit for today's networked economy." In this episode of "Cybersecurity Unplugged," Shikiar discusses how to move beyond passwords.
The U.S. Consumer Financial Protection Bureau is warning lenders they can be liable for data breaches for causing consumers "substantial injury." To avoid liability, the bureau recommends that banks implement multifactor authentication and especially Web Authentication.
Token selected former OneSpan CRO John Gunn as CEO to scale the organization and prepare its wearable authentication ring for large-scale production. Gunn is tasked with sourcing the critical components needed to manufacture the ring and building a base of paying clients for the biometric tool.
User authentication is a key step to blocking the pathway to fraud losses and reputational damage - but many existing solutions are failing.
Download the latest whitepaper on why CAT could be the future:
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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.
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.
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