Passwords are so “last century”. They have to go… so deal with it!

This is a guest post by Steve Cook, Director of Sales EMEA for Daon Many of you feel very strongly about passwords, but the fact is … they have to go because of the large volume of hacks or frauds taking place putting you and also your money at risk! It is true, strong passwords cannot be defeated but the facts are that very rarely do we use them. Companies or your employer insist on them, but in most cases

Guess Who? The game of authentication

This is a guest post by Amit Desai, Senior Director of Solutions Marketing at Verint-Systems. While we have all become used to facing a barrage of security questions whenever we wish to access our telephone banking or similar services, the frustration of forgetting the fifty-fourth letter of your secret password never lessens. Thankfully, the rise of voice biometrics promises to end the long game of Guess Who during those telephone based customer interactions. The threat of getting it wrong With

Biometrics and law enforcement report released

Biometrics Research Group, Inc. has released its Biometrics and Law Enforcement report that provides a brief, updated overview of the market size and biometric technology available for the law enforcement market in the United States. The firm’s ‘Special Reports’ are sponsored by leading firms within the biometrics sector and offer comprehensive industry analysis along with forward-looking, systematic data about the global biometrics market. This report was sponsored by Cognitec, IDGA and MorphoTrak. Biometrics Research Group, Inc. is headquartered in Toronto

4F allows the use of smartphone finger photos as a contactless fingerprint identification system to match with legacy databases

This is a guest post by Francis Mather, Director of Computer Vision at Hoyos Labs. Security is now one of the most preeminent global issues. As concerns about international and domestic threats grow, one of the most oft-mentioned techniques to ensure safety is the use of background checks. The process wherein an individual’s fingerprints are taken and cross-checked against a database of fingerprints is a key component of background checks. Background checks are a common step in the screening process

Overcoming false positives with behavioral biometrics

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. I believe that 2016 will be the year that passive behavioral biometrics really takes off. There are two reasons why I believe this. First, the market is demonstrating a continued weak spot in terms of PII-based risk prevention techniques – stolen personal data has never been more plentiful on the dark Web. Second, more and more people are adopting a mobile-first lifestyle. This has

Biometrics-as-a-Service is making robust identity fraud prevention truly globally accessible

This is a guest post by David Benini, Vice President of Marketing at Aware, Inc. Some form of identity theft is at the heart of most financially-motivated fraud. Synthetic identity fraud, based on skillful creation of fictional identities, is a significant and fast-growing source of losses to fraud. Identity fraud and its derivative crimes cost banks, retailers, healthcare providers, governments, and ultimately consumers and taxpayers around the globe hundreds of billions of dollars every year, and this figure continues to

Voice biometrics offer benefits beyond security

This is a guest post by Michael Boukadakis, the founder and CEO of Enacomm. How many times do potential customers pick up or request forms and applications that end up in the recycling bin? It’s an unproductive scenario that plays out again and again with consumers across the board, adding up to huge costs and lost opportunities for businesses. When it comes to customer enrollments, redefining the “path of least resistance” is key to delivering the convenience that consumers want

The risk of centralized storage for biometric data

This is a guest post by Don Waugh, Co-CEO of Applied Recognition. In June 2015, the United States Office of Personnel Management (OPM) suffered a data breach stealing the records of 21.5 million people. The stolen data included detailed background security-clearance-related information. More alarmingly, it also included 1.1 million fingerprints resulting in the compromise of secret agents, as they could be identified by their fingerprints even if their names had been changed. Astoundingly, the OPM was using simple passwords to

Behavioral biometrics helps spot the bad apples before they spoil the game

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. The online gaming industry is heating up. According to Statista.com, it brought in more than $41 billion worldwide this year. Technology, both on the desktop and on mobile devices, has been the driving force behind the phenomenal growth. Unfortunately, while it’s easier to play than ever before, the new technology also lets more organized cyber criminals defraud poker sites and their good players. Fraudsters

Bank crossroads ahead: build or buy mobile payment applications

This is a guest post by Rajesh Sharma, VP Mobile Banking & Payment Apps at INSIDE Secure. Commerce has evolved over the 10,000 plus year history of society. The Internet age introduced online banking 20 years ago and now 80 percent of bank consumers in the developed world are using it. In addition, in the span of just the past four years or so, mobile banking has grown to 52 percent of smartphone owners. And now, mobile payment applications (apps)