Mastercard to acquire NuData Security to boost IoT payment security

Mastercard said it will acquire NuData Security, which provides online and mobile fraud detection solutions using behavioral biometrics, according to a report by ZDNet. The acquisition, whose terms were not disclosed, will see Mastercard integrate NuData’s behavioral biometrics technology into its fraud management and security products. The understanding here is that secure payments will play an integral role in the Internet of things ecosystem and smart devices. NuData’s flagship product line, NuDetect identifies authentic users over fraudulent ones based on

Mobile app uses hand movement to authenticate smartphone owner

Scientists in Russia are developing a biometric app which allows a smartphone to recognize its owner by the characteristic movement of the hand when answering a call. Developed by the Institute of Cyber Intelligence Systems at the National Research Nuclear University MEPhI in Russia, InCallAuth will use data from the smartphone’s accelerator, gyroscope, and light sensor. The application takes into account three key parameters including the initial device position, the speed of the movement of the hand holding the smartphone,

Sentegrity risk-based authentication app integrated in BlackBerry Dynamics

Behavioral biometrics authentication firm Sentegrity has partnered with BlackBerry to provide trusted authentication for applications on the BlackBerry Dynamics platform. Any BlackBerry application can initiate Sentegrity on launch to set the authentication requirements based on trusted baselines of user behavior and device integrity. “The success of modern enterprise mobility is largely dependent on organizations’ ability to secure these high risk mobile endpoints without completely destroying the ease-of-use that makes them such an important asset,” said Sentegrity CEO Troy Frost. “Sentegrity

Behavioral biometrics enable financial institutions to comply with cybersecurity regulations

The New York State Department of Financial Services’ (NYDFS) new cybersecurity regulations for the financial services industry went into effect last week, which makes authentication solutions like behavioral biometrics easier for financial institutions to comply and protect themselves against cybercriminals, according to a recent blog post by Biocatch. In late February, NYDFS issued a set of cybersecurity regulations that require New York banks, insurance companies and other financial institutions to create and maintain a cybersecurity program designed to protect consumers

Centrify service assesses user behavior to prevent breaches

Centrify launched its new Analytics Service, which uses machine learning to assess and respond to risk based on user behaviour. The Centrify Analytics Service constantly analyzes the user’s continually evolving behavior patterns and assigns a risk score. The service then enforces an appropriate decision on whether the user is granted access, requires step-up authentication, or is blocked entirely. Now available in Australia and New Zealand, the Analytics Service can be added on to Centrify Identity Service and Centrify Privilege Service.

Biometric technology leveraged to improve safety in Kazakhstan

A partnership has been established to share information on how NEC’s public safety products and solutions, including facial recognition and behavioral analysis, can contribute to improving the safety and security of Kazakhstan. NEC Corporation and Toyota Tsusho Corporation, the trading company for the Toyota Group, have entered into a Memorandum of Understanding (MOU) with the Kazakhstan Ministry for Investments and Development (KAZNEX INVEST) to form a partnership that will explore the provision of security solutions that will help promote favorable

Nuance adds behavioral biometrics for enhanced fraud detection

Nuance has partnered with behavioral biometrics firm BioCatch to offer continuous authentication and more accurately detect fraud across multiple channels as part of its expanded Nuance Security Suite solution. The partnership will see Nuance incorporate BioCatch’s behavioral biometrics data within its voice biometrics and facial biometrics platform, adding a new layer of protection that allows organizations to flag potentially fraudulent activity based on inconsistencies in the way a person interacts with a device or an application. By learning how a

Entrust Datacard building out continuous authentication capabilities

The ability to continuously authenticate a user during a session is a major opportunity for financial and banking companies with mobile customers, says Entrust Datacard global vice-president of authentication Ryan Zlockie. Entrust Datacard will make announcements related to continuous authentication at RSA 2017 and in March, the later related to biometrics, Zlockie told Biometric Update in an exclusive interview. “A lot of things are changing with the banks, that are really putting authentication even more front and center,” Zlockie says.

Software uses smartwatch motion data for signature verification

Researchers have developed software that leverages a smartwatch’s motion detection capabilities to verify a handwritten signature, according to a report by New Atlas. In a new paper, researchers from Tel Aviv University (TAU) and Ben-Gurion University of the Negev detail how the software uses motion data collected by a smartwatch as the wearer jots down their autograph to confirm its authenticity. The motion data captured by the smartwatch’s accelerometer or gyroscope serves as a unique identifier that determines whether the

Mercator evaluates issues that will most impact consumer adoption of biometrics

Mercator Advisory Group released a research report titled “Biometrics: A Market Forecast for Consumer Adoption”, which predicts the course of adoption of biometric authentication via mobile device in the United States up until 2025. The 16-page report makes predictions through 2025 for biometric mobile device penetration of the U.S. market, the market availability of persistent biometrics and the percentage of the U.S. population that will use biometrics authentication technology. The report is based on data from Mercator Advisory Group’s Customer