Hot cybersecurity trends under discussion at this year's RSA Conference include artificial intelligence, facial recognition, protecting not just data but also knowledge, as well as rapid data breach response, says Chris Pierson, CEO of Binary Sun Cyber Risk Advisors.
According to a recent report, The Identity Fraud Study, released by Javelin Strategy & Research, it showed in 2015, there were more than 1.5 million new account fraud victims that accounted for losses of $2.8 billion. This number increased by 40% in 2016, and there is no reason to believe that this trend is stopping...
Authentication innovation is still in its infancy, and most companies are still combining more traditional passwords and PINs with cutting edge
biometrics or contextual decisioning methods. The combination brings new capabilities to multi-factor authentication, but doesn't necessarily produce the best possible...
The digital shift is increasing the need for more sophisticated privacy and data protection measures. Several major institutions have seen their information security compromised in recent years as cyberattacks and fraudulent activity show no sign of slowing down. With PSD2 regulations now in effect, companies are in...
When rolling out multifactor authentication across all channels, unique challenges are faced such as staying in compliance with regulatory
requirements, without adding friction and complexity to the member experience
Download this whitepaper to learn how to overcome challenges and deploy multifactor authentication.
Credit unions offer unique services to a unique member base - and they face unique challenges when rolling out multifactor authentication across all of their banking channels.
Download this eBook that will discuss:
How new biometric solutions can meet CU needs
What's unique about the credit union employee and...
Credit unions offer unique services to a unique member base - and they face unique challenges when rolling out multifactor authentication across all of their banking channels. Michel Nerrant of Crossmatch discusses how new biometric solutions can meet CU needs.
Before the Internet, customers who wanted to perform a bank transaction had only one option - a visit to their local branch for a face-to-face transaction. Now, in the "mobile age," customers expect that their bank provide secure and easy access to the full suite of banking services via their mobile device. The...
According to Javelin, in 2015 there were more than 1.5 million new account fraud victims who accounted for losses of $2.8 billion. This number increased by 40 percent in 2016. And with all the continued data breaches, there are no indications that this trend has slowed in 2017. The Equifax breach, which affected more...
There are many faces of fraud in the insurance market - using stolen identities to obtain a new policy - or just as troubling, an account takeover to make a false claim or change payee information to receive claim funds. And when fraud hits, it hurts everyone in the pool.
At the same time, the insurance industry...
Voice biometrics: Is it good enough to protect people's bank accounts? Also, the ISMG Security Report goes to Belfast, Northern Ireland, for this year's OWASP AppSec Europe conference, including a visit to the Titanic museum - hopefully not a metaphor for the discipline.
RBI has mandated that all banks migrate to Aadhaar-based biometric authentication for electronic payment transactions by June 30. But some information security experts question whether the the technology can handle the potential volume of transactions.
While security teams continue to add to their threat protection arsenal, they are struggling to keep up with the threats. Security information and event management (SIEM) products, threat analytics platforms, advanced endpoint protection (AEP) products, user entity behavior analytics (UEBA) tools, and incident...
A federal judge in Illinois has rejected part of a search warrant application that would allow police to force anyone present at the time of a raid to use their fingerprints to unlock digital devices. But the decision far from resolves the issue of law enforcement's efforts to overcome encryption.
VASCO Data Security's Scott Clements on Aligning Security with User Experience
With great efficiencies and cost savings also come great threats and fraud risks. This is today's digital reality, and it is why cybersecurity and the user experience need to be aligned to create digital trust, says Scott Clements of VASCO...
