Fraudsters answer security questions better than customers

Pindrop released a report uncovering how companies might be accidentally inviting fraud, threat mongers from the dark web and bad actors better prepared to pass authentication. Data dealers are growing more sophisticated, offering more service, more de… Continue reading Fraudsters answer security questions better than customers

Consumers fed up with passwords and KBAs, looking to voice enabled technology as the future

Pindrop released the findings of a survey that explores how 2000+ US-based consumers feel about the future of voice enabled technology and how it will impact their everyday lives. The report uncovered that consumers are so fed up with passwords and KBA… Continue reading Consumers fed up with passwords and KBAs, looking to voice enabled technology as the future

Digital identity revenue to exceed $53B in 2026

A study from Juniper Research has found that revenue for digital identity vendors will exceed $53 billion globally in 2026, doubling from $26 billion in 2021. Digital identity revenue includes third-party and civic identity apps, centralised identity s… Continue reading Digital identity revenue to exceed $53B in 2026

Use of AI to fight insurance fraud hits all-time high

Insurers’ use of predictive analytics to fight fraud has reached an all-time high, according to an insurance fraud technology study by the Coalition Against Insurance Fraud and SAS. The study reveals that 80% of insurers use predictive modeling to dete… Continue reading Use of AI to fight insurance fraud hits all-time high

Could passwordless be the solution to poor shopping sign-up processes?

Retailers could be shutting down huge revenue streams due to poor shopping sign-up processes, a study from Beyond Identity has revealed. A survey of more than 1,000 people in the UK found that 62% of respondents have abandoned a shopping cart if they a… Continue reading Could passwordless be the solution to poor shopping sign-up processes?

Digital IDs don’t have to impinge on civil liberties and privacy

The shift towards an increasingly digital world has become overwhelmingly apparent. The coronavirus era has forced a technological leap on all fronts, and incumbent technologies are struggling to hold back a deluge of fraud and cybercrime. Between the … Continue reading Digital IDs don’t have to impinge on civil liberties and privacy

Major trends in online identity verification for 2022

As more of our lives move online, we expect identity fraud attempts to continue apace. Fortunately, technology is still one step ahead. While some trends may seem bleak, there are straightforward and convenient ways to thwart identity thieves. NFT mark… Continue reading Major trends in online identity verification for 2022

Safeguarding the B2B sharing economy

Most people are familiar with business-to-consumer (B2C) sharing economy companies such as Uber, Airbnb, and DoorDash, but what you may not know is that this fast-growing, widely recognized business model is also being increasingly leveraged by busines… Continue reading Safeguarding the B2B sharing economy

Embracing secure hybrid work with four foundational IT controls

Hybrid work has become the norm for many businesses. In fact, a 2021 survey conducted by HR consulting firm Mercer found that out of a group of 510 employers with flexible work programs in place, 70% plan to adopt a hybrid work model. While the new wor… Continue reading Embracing secure hybrid work with four foundational IT controls

The biggest problem with ransomware is not encryption, but credentials

With each passing day, the threat of ransomware increases in frequency, sophistication, and effectiveness. What started as a simple annoyance scheme to collect a ransom has evolved into a mature ecosystem of Ransomware-as-a-Service (RaaS) providers lev… Continue reading The biggest problem with ransomware is not encryption, but credentials