Voice biometrics spoof nets fraudster $29M
The U.S. subsidiary of financial media giant Nikkei, has been victimized by a voice biometric spoof attack that netted a…
fraud
PSD2 could drive fraud to non-EU payment markets as biometric authentication increases
Most companies are not prepared for the Europe’s new and revised Payment Services Directive (PSD2), but that will not stop…
BioCatch argues synthetic identity fraud renders static identity elements useless
The success of synthetic identity fraud is making the verification of static identity elements largely useless to prevent fraud, and…
Voice fraud spike driven by breaches and increasing use
Incidents of voice fraud climbed by 350 percent from 2013 to 2017, and increased 47 percent in 2017 to reach…
Trusted identities: Solving fraud in banking
One of the biggest challenges facing banks today is how to provide secure and trusted services while substantially improving customer…
New Gozi Trojan can dupe some behavioral biometrics security measures
A new version of the Gozi banking trojan that is currently active in Japan, Spain, and Poland, has the ability…
Terrorism and fraud risks will drive demand for automatic identification systems: Technavio
Technavio analysts forecast positive growth for many segments of the global automatic identification system market over the next four years…
Protecting against criminal use of stolen biometric data
A database has been breached and biometric data is “in the wild”. Conceivably, this stolen data could be used by…
Biometrics-as-a-service: Making identity fraud prevention truly globally accessible
Some form of identity theft is at the heart of most financially-motivated fraud. Identity fraud and its derivative crimes cost…
ISIS likely producing fake Syrian passports
A recent ABC News report says that U.S. authorities are warning that ISIS is producing authentic-looking passports with machines that…
