FCC wants major telecoms to step up rules around AI-generated robocalls

A letter sent to major carriers highlights gaps in a recently implemented set of protocols meant to verify legitimate callers and cut down on spoofing.

The post FCC wants major telecoms to step up rules around AI-generated robocalls appeared first on CyberScoop.

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Solving the Puzzle of Global Identity Verification

With customer bases that span the globe and the growing prevalence of online fraud, financial service providers know that effective identity verification (IDV) is imperative. But meeting anti-money laundering (AML) and know your customer (KYC) complia… Continue reading Solving the Puzzle of Global Identity Verification

Russians Shut Down Huge Card Fraud Ring

Federal investigators in Russia have charged at least 25 people accused of operating a sprawling international credit card theft ring. Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the past decade.

In a statement released this week, the Russian Federal Security Service (FSB) said 25 individuals were charged with circulating illegal means of payment in connection with some 90 websites that sold stolen credit card data. Continue reading Russians Shut Down Huge Card Fraud Ring

RIP, Passwords: Hello, Biometrics

A few years back, authentication used to be very simple, i.e. users needed two strings (username and password). If someone knows both, then they can access the account—easy as that. This was the case when the ecosystem was simple as well. At that time… Continue reading RIP, Passwords: Hello, Biometrics

Dodd-Frank Repeal Facilitates Remote Digital Onboarding with a Scanned Driver’s License

The Economic Growth, Regulatory Relief, and Consumer Protection Act was just signed into law by President Trump.  Also known as the Dodd-Frank Repeal, the new law removes many of the regulations imposed on banks after the financial crisis and the… Continue reading Dodd-Frank Repeal Facilitates Remote Digital Onboarding with a Scanned Driver’s License