identity verification - Security Ticks

Self-sovereign identity could transform fraud prevention, but…

AuthenticID, cybersecurity, Don't miss, Expert analysis, Expert corner, fraud, Hot stuff, identity, identity verification, opinion, Privacy / SecurityTicks

Self-sovereign identity could transform fraud prevention, but… 2025-02-07 at 10:03 By Help Net Security The way we manage digital identity is fundamentally broken. The root of the problem lies in traditional, centralized identity models, where a single organization holds and controls a user’s credentials, creating an attractive target for attackers. The bigger the database, the […]

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What you can do to prevent workforce fraud

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What you can do to prevent workforce fraud 2025-02-04 at 07:19 By Mirko Zorz In this Help Net Security interview, Benjamin Racenberg, Senior Intelligence Services Manager at Nisos, discusses the threat of workforce fraud, particularly DPRK-affiliated IT workers infiltrating remote roles. With HR teams and recruiters often unprepared to detect these sophisticated schemes, businesses face

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Deepfakes force a new era in fraud detection, identity verification

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Deepfakes force a new era in fraud detection, identity verification 2025-01-24 at 06:32 By Help Net Security The rise in identity fraud over the past two years has significantly impacted all industries, especially finance, banking, fintech, and crypto, according to Regula. With deepfakes threatening every second company around the world, businesses won’t be able to

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Overwhelmed by fraud? Here’s how financial pros fight back

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Overwhelmed by fraud? Here’s how financial pros fight back 2024-12-27 at 07:04 By Mirko Zorz In this Help Net Security interview, Patrick Harding, Chief Architect at Ping Identity, discusses the growing threat of deepfake-related fraud and its impact on financial security. He also discusses overlooked vulnerabilities in digital banking and offers advice for organizations to

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Crypto companies are losing ground to deepfake attacks

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Crypto companies are losing ground to deepfake attacks 2024-11-28 at 06:34 By Help Net Security The crypto sector stands out as the only surveyed industry where deepfake fraud surpasses traditional document fraud in prevalence, according to Regula. Crypto companies suffer significant losses from fraud The study finds that 57% of crypto companies report audio deepfake

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Deepfake attacks occur every five minutes

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Deepfake attacks occur every five minutes 2024-11-22 at 06:35 By Help Net Security As cybercriminals continue to adapt their techniques to find new ways through defenses, AI-assisted fraud is growing increasingly sophisticated and frequent, according to Entrust. The findings reveal a deepfake attack happened every five minutes in 2024, while digital document forgeries increased 244%

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How hybrid workforces are reshaping authentication strategies

authentication, biometrics, cybersecurity, Don't miss, Features, FusionAuth, Hot stuff, identity verification, MFA, News, opinion, SSO / SecurityTicks

How hybrid workforces are reshaping authentication strategies 2024-10-08 at 07:01 By Mirko Zorz In this Help Net Security interview, Brian Pontarelli, CEO at FusionAuth, discusses the evolving authentication challenges posed by the rise of hybrid and remote workforces. He advocates for zero trust strategies, including MFA and behavioral biometrics, to enhance security while maintaining productivity.

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Fighting AI-powered synthetic ID fraud with AI

Artificial Intelligence, authentication, AuthenticID, biometrics, Compliance, cybersecurity, Don't miss, Expert analysis, Expert corner, fraud, Hot stuff, identity, identity verification, News, opinion / SecurityTicks

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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The biggest downsides of digital ID adoption

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The biggest downsides of digital ID adoption 2024-06-14 at 07:01 By Help Net Security As innovative digital verification methods continue to emerge, the debate around their reliability and effectiveness is heating up, according to Regula. Companies employ various methods for identity verification Despite digital advances, many organizations worldwide still depend on physical documents for verification.

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How businesses can integrate token technology into existing payment systems

Artificial Intelligence, Compliance, cybersecurity, Don't miss, Features, Hot stuff, identity verification, mobile payment, News, opinion, regulation, strategy, tokenization, Visa / SecurityTicks

How businesses can integrate token technology into existing payment systems 2024-06-13 at 07:02 By Mirko Zorz In this Help Net Security interview, Mark Nelsen, SVP and Global Head of Consumer Product at Visa, discusses the integration of token technology into existing payment systems. How do businesses integrate tokenization into their existing payment systems, and what

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Consumers continue to overestimate their ability to spot deepfakes

Artificial Intelligence, authentication, cybercrime, cybersecurity, deepfakes, fraud, generative AI, Government, identity, identity verification, Jumio, News, regulation, report / SecurityTicks

Consumers continue to overestimate their ability to spot deepfakes 2024-05-20 at 06:31 By Help Net Security The Jumio 2024 Online Identity Study reveals significant consumer concerns about the risks posed by generative AI and deepfakes, including the potential for increased cybercrime and identity fraud. The study examined the views of more than 8,000 adult consumers,

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Selfie spoofing becomes popular identity document fraud technique

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Selfie spoofing becomes popular identity document fraud technique 2024-05-10 at 06:31 By Help Net Security Document image-of-image was the most prevalent identity (ID) document fraud technique in 2023, occurring in 63% of all IDs that were rejected, according to Socure. Selfie spoofing and impersonations dominate document-related identity fraud Document image-of-image occurs when the user takes

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What the ID of tomorrow may look like

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What the ID of tomorrow may look like 2024-04-02 at 08:01 By Help Net Security Few joys remain untouched by the necessity of identity verification. With its ubiquitous presence, the call for heightened security, improved accessibility, and seamless authentication resonates loudly for businesses and individuals alike. In response, a tool, or perhaps a reinvented vision

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Wire fraud scams escalate in real estate deals

CertifID, communication, cybersecurity, Don't miss, fraud, Hot stuff, identity verification, Insurance, real estate sector, Video / SecurityTicks

Wire fraud scams escalate in real estate deals 2024-02-22 at 07:01 By Help Net Security In this Help Net Security video, Tyler Adams, CEO at CertifID, illustrates how the real estate sector needs to invest significant effort in educating consumers and implementing protective measures to safeguard real estate transactions. Recent CertifID research found that median

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Cybercriminals get productivity boost with AI

cybercrime, cybersecurity, deepfakes, identity, identity verification, iProov, News, report, survey / SecurityTicks

Cybercriminals get productivity boost with AI 2024-02-14 at 06:31 By Help Net Security While AI technology has the potential to streamline and automate processes for beneficial outcomes, it also comes with an equal number of risks to data protection, cybersecurity, and other ethical concerns, according to iProov. Digital ecosystems continue to grow and multiply at

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Digital nomads amplify identity fraud risks

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Digital nomads amplify identity fraud risks 2024-01-19 at 06:31 By Help Net Security The number of foreign document verification cases in all parts of the world has grown by an average of 21% since the summer of 2021, according to Regula. It’s even higher in the US and UAE: these countries are experiencing a 25%

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Verification roadblocks cause frustration for digital nomads

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Verification roadblocks cause frustration for digital nomads 2023-12-26 at 06:36 By Help Net Security Digital nomads are expressing the most frustration when interacting with organizations offering services in the United States, according to Regula. This revelation comes as a surprise, given that the United States was the most frequented destination for the digital nomad community

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Digital ops and ops management security predictions for 2024

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Digital ops and ops management security predictions for 2024 14/12/2023 at 08:32 By Help Net Security CISOs don’t need a crystal ball – they already know that 2024 will be another tough year, especially with AI at everyone’s mind. Instead of playing catch-up regarding the security of emerging tech like generative AI, organizations will prioritize

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AI strengthens banking’s defense against fraud

Artificial Intelligence, biometrics, cybersecurity, Entrust, fraud, identity, identity verification, News, online banking, online payment, report, survey / SecurityTicks

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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Generative AI merges with intelligent malware, threat level rises

AU10TIX, cybercrime, cybersecurity, fraud, generative AI, identity verification, Malware, News, report, survey / SecurityTicks

Generative AI merges with intelligent malware, threat level rises 18/10/2023 at 06:00 By Help Net Security There has been a 44% increase in organized ID fraud in North America compared to preceding quarters, according to AU10TIX. This upsurge is believed to be driven by the ongoing economic recovery and inflationary pressures, particularly in the US

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