As fraudsters continually refine their techniques to steal banking customers' credentials, IBM fights back with new tools that use behavioral biometrics and cognitive fraud detection. IBM's Brooke Satti Charles offers a preview.
Federal regulators are urging healthcare sector organizations to reassess whether their authentication methods need strengthening to help prevent breaches. But does their advice go far enough in advocating multifactor authentication?
Virtually every industry is prone to cyberattacks, online fraud and identity theft. For years' banks have secured online transactions for commercial accounts and private banking customers via multifactor authentication. Now through organizations like the NCSA and HIMSS, multifactor authentication may finally become...
For years now, security experts have been predicting 'the year mobile threats come of age.' Is it finally here? BioCatch's Uri Rivner discusses the recent surge in mobile threats - and what to do about them.
How do companies in the healthcare industry better manage risk and keep their most valuable data safe when stolen healthcare information commands such a high price on the dark web? Download the case study, "Proactively Challenge Cyber Threats in the Healthcare Industry," to learn how this healthcare organization...
Biometric authentication has emerged as one of the more convenient methods of authentication, particularly with the increasing ubiquity of mobile devices with a variety of high quality sensors. Financial institutions can realize cost savings and improved customer experience by deploying biometric authentication. This...
Implementing a successful cybersecurity strategy in light of advanced threats calls for operationalizing three key principles: visibility, identity and risk, says Zulfikar Ramzan, chief technology officer at RSA.
Warning to parents and guardians: Beware of collecting, storing or sharing your child's biometric information - including fingerprints and DNA - even if you're creating a so-called "Child ID Kit," because the data is a natural target for identity thieves.
Despite the frequency of healthcare data breaches, only half of U.S. hospitals have the infrastructure to support two-factor authentication, according to a new report. Plus, some information security leaders say implementation of the technology at many of those facilities is likely relatively narrow.
Defeating biometrics-based security with far-fetched schemes, such as stealing or replacing eyeballs and fingertips, is a recurring theme in the movies. But real-world advances in authentication will help make it difficult to circumvent real-world security.
The severity of the U.S. Office of Personnel Management breach continues to grow, with investigators now reporting that hackers stolen 5.6 million people's fingerprint data. The theft may have security implications well into the future.
For contact centers, the effectiveness of security questions is declining. Professional fraudsters can successfully answer questions using stolen customer records from growing cyberbreaches and customer experience is impacted by adding more security questions.
Is there a way for more powerful fraud detection...
With so much stolen PII available to fraudsters, it's time for banks and others to move to more sophisticated forms of authentication of customers' identities. Knowledge-based authentication is no longer reliable.
The White House Summit on Cybersecurity and Consumer Protection late last week served as the stage for more than a dozen companies and trade groups to announce new initiatives aimed at securing Internet transactions and payments and reducing fraud.