As more companies move away from passwords toward behavioral biometrics, they face new challenges, says Rajiv Dholakia, vice president, products at Nok Nok Labs. "There are no standards as such in this area on how the information is collected, how it's stored and how it's processed," he says.
The new India Post Payments Bank will take banking to the doorstep by using India's mammoth network of post offices. Postmen will perform digital transactions on their phones. That's raising concern among security leaders, who recommend adopting defense-in-depth security.
The appropriate use of predictive analytics, going beyond a "set it and forget it" approach, could dramatically improve breach detection, says Teresa Grogan, CIO of the consultancy VertitechIT .
UIDAI, which administers the Aadhaar program, has some simple advice: Avoid behaviors such as what R.S. Sharma, chairman of the Telecom Regulatory Authority in India, did on Saturday, when he tweeted his Aadhaar number.
The solution providers in the fraud solution industry offer logic
designed to track users and prevent malicious activity by
capturing and analyzing behavioral characteristics across
the entire session, from login to check out and everything in
between. These solutions compare known customer behavior
in the case...
This white paper looks at how payment innovation is impacting fraud departments and the growing importance of removing friction to improve the customer experience. The mobile and online channels are the future; being able to authenticate returning customers and determine who new applicants really are will be essential...
Silicon Valley employees are increasingly calling on executives to restrict the use of facial recognition technology, mobilized in part by the U.S. government's previous policy of separating children from parents at the border. Experts say facial recognition regulations are needed - and quickly.
Numerous technology firms now offer facial biometrics recognition search tools for big data sets. But information security expert Alan Woodward warns that these big data sets must be "considered and regulated very heavily" or else we'll be "living in 1984 without knowing it."
To help prevent fraud, more organizations are moving toward the use of behavioral biometrics for authentication, says Tamaghna Basu of NeoEYED, who explains how the technology works.
99% of account takeover attacks begin with automation, and they pave the way for future ATO. Today's sophisticated scripts can bypass traditional measures that rely purely on device intelligence or static data. Learn how to block sophisticated attacks with behavioral biometrics before they create fraud losses.
You...
The entire approach toward Aadhaar security needs to change to address problems on the users' end, rather than focus on the UIDAI's core database, contends Na. Vijayashankar, a cyber law expert. He'll be a featured speaker at ISMG's Fraud and Breach Prevention Summit in Bengaluru.
99% of account takeover attacks begin with automation, and they pave the way for future ATO. Today's sophisticated scripts can bypass traditional measures that rely purely on device intelligence or static data. Learn how to block sophisticated attacks with behavioral biometrics before they create fraud losses.
You...
Ovum, a market-leading research and consulting business that helps enterprises thrive in the connected digital economy, explains why every enterprise should put stronger authentication service on their radar as a means of better securing their companies data and minimizing their fraud exposure risk all while...
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.
As fraudsters continually refine their techniques to steal customers' credentials, organizations have found new ways to fight back with new tools that use behavioral biometrics and cognitive fraud detection.
It is critical to know how cognitive abilities would help in managing risks, compliance and governance as...
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