biometrics - Security Ticks

Organizations turn to biometrics to counter deepfakes

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Organizations turn to biometrics to counter deepfakes 2024-08-20 at 06:31 By Help Net Security The risk of deepfakes is rising with 47% of organizations having encountered a deepfake and 70% of them believing deepfake attacks which are created using generative AI tools, will have a high impact on their organizations, according to iProov. Perceptions of […]

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Fighting AI-powered synthetic ID fraud with AI

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Fighting AI-powered synthetic ID fraud with AI 2024-07-18 at 07:31 By Help Net Security Aided by the emergence of generative artificial intelligence models, synthetic identity fraud has skyrocketed, and now accounts for a staggering 85% of all identity fraud cases. For security professionals, the challenge lies in staying one step ahead of these evolving threats.

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Triangulation fraud: The costly scam hitting online retailers

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Triangulation fraud: The costly scam hitting online retailers 2024-04-30 at 08:01 By Mirko Zorz In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among merchants. He also highlights the

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Great security or great UX? Both, please

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Great security or great UX? Both, please 2024-01-30 at 08:02 By Help Net Security A new user is signing up for a SaaS application. On the one hand, UX teams want that user to get into the app as quickly as possible. On the other hand, security teams want the user to strongly validate their

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Keyless Goes Independent, Raises $6M for Biometric Authentication

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Keyless Goes Independent, Raises $6M for Biometric Authentication 29/11/2023 at 19:01 By Ryan Naraine British startup building biometric authentication technology has snagged $6 million in a new round of funding led by Rialto Ventures. The post Keyless Goes Independent, Raises $6M for Biometric Authentication appeared first on SecurityWeek. This article is an excerpt from SecurityWeek

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A closer look at healthcare’s battle with AI-driven attacks

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A closer look at healthcare’s battle with AI-driven attacks 31/10/2023 at 08:02 By Mirko Zorz With its wealth of sensitive patient data, the healthcare industry has become a prime target for cybercriminals leveraging AI tools. As these threats continue to evolve, it’s important to understand how AI is shaping the cybercrime landscape in healthcare and

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AI strengthens banking’s defense against fraud

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AI strengthens banking’s defense against fraud 27/10/2023 at 06:32 By Help Net Security Consumers are ready for the next wave of payment technology, including deployment of AI-driven biometrics to verify identity in digital-first account opening processes, according to Entrust. The key to future payment solutions 63% of respondents indicated that they are comfortable with AI

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Legacy authentication leads to growing consumer frustration

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Legacy authentication leads to growing consumer frustration 20/10/2023 at 07:31 By Help Net Security Despite widespread usage of passwords lingering on, consumers want to use stronger, more user-friendly alternatives, according to FIDO Alliance. Entering a password manually without any form of additional authentication was the most commonly used authentication method across the use cases tracked

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Modernizing fraud prevention with machine learning

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Modernizing fraud prevention with machine learning 15/09/2023 at 08:33 By Help Net Security The number of digital transactions has skyrocketed. As consumers continue to spend and interact online, they have growing expectations for security and identity verification. As fraudsters become savvier and more opportunistic, there’s an increased need for businesses to protect customers from fraud

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Adapting authentication to a cloud-centric landscape

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Adapting authentication to a cloud-centric landscape 28/08/2023 at 07:33 By Mirko Zorz In this Help Net Security interview, Florian Forster, CEO at Zitadel, discusses the challenges CISOs face in managing authentication across increasingly distributed and remote workforces, the negative consequences of ineffective authorization, and how the shift toward cloud transformation affects authentication strategies. What are

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