Payment regulations in Europe have forced retailers to implement strong authentication that's phishing-resistant and facilitates more customer understanding, says FIDO Alliance's Christina Hulka. This has spurred a push for clients to confirm what they're purchasing and how much they wish to spend.
Artificial intelligence-driven technology purporting to recognize human emotional states "may not work yet, or indeed ever," said U.K. Deputy Information Commissioner Stephen Bonner. The office predicts greater commercial use of behavioral analysis in products over the next two to three years.
Organizations can improve security with modern authentication protocols, but the big message to the marketplace is that FIDO Passkeys give customers more convenience and deliver a consistent user experience, according to panelists on the final day of FIDO Alliance's Authenticate 2022 Conference.
Multifactor authentication needs to move away from one-time passwords sent via text message and embrace modern standards that prevent man-in-the-middle attacks. Plus, excessive identity challenges online lead to 20% of e-commerce transactions being abandoned, say experts at Authenticate 2022.
Passwords are supported everywhere. But, says Andrew Shikiar, executive director of the FIDO Alliance, "they have been proven time and time again to simply be unfit for today's networked economy." In this episode of "Cybersecurity Unplugged," Shikiar discusses how to move beyond passwords.
The U.S. Consumer Financial Protection Bureau is warning lenders they can be liable for data breaches for causing consumers "substantial injury." To avoid liability, the bureau recommends that banks implement multifactor authentication and especially Web Authentication.
Token selected former OneSpan CRO John Gunn as CEO to scale the organization and prepare its wearable authentication ring for large-scale production. Gunn is tasked with sourcing the critical components needed to manufacture the ring and building a base of paying clients for the biometric tool.
Security specialists are offering preliminary feedback on Microsoft's sneak peek at the new security measures to be included in the Windows 11 operating system, which is slated for release in December.
Security professionals have been thrust to the forefront of return-to-work planning as the crisis continues to create a complex set of security and safety challenges. Preparing to return to the physical workplace means adapting to new requirements, implementing new procedures and leveraging technology to alleviate...
As we approach 2021, the global pandemic brings a laser-focus to both risk and user experience. Digital transformation and demand for flexible, secure access drives our need for machine-scale, frictionless authentication and continuous authorization to prove digital identities match the humans behind them. Dr. Shook...
We are facing a time full of challenges for the global banking sector. The
financial institutions were already facing a growing problem of
online fraud before the onset of the COVID-19 pandemic. Now their problems have only worsened, since history tells us
that fraud tends to pick up during big recessions.
...
The increasing adoption of digital technologies has significantly transformed the banking industry from a traditional paper-based operating model to a completely online model. However, with the increasing impact of digital technologies, the banking industry is becoming more susceptible to cyber threats; therefore,...
With the rapid shift to mobile, learn how location behavioral biometrics is providing a competitive edge for banks, fintech and mcommerce companies in the fight against fraud. Using each user's unique location behavior pattern, Incognia behavioral biometrics creates a dynamic location fingerprint, unique to each...
With continued data breaches occurring, and heavy fines making headlines, the time is now to think more proactively about applying granular access controls to protect your unstructured data from accidental and malicious data loss.
In this webinar, we will look at typical use cases and demands - in particular data...
As businesses worldwide transition to digital first models, traditional identity verification methods are being targeted by increasingly sophisticated fraud attempts.
Why? Because tricking the system has never been so lucrative.
Biometric verification enables customers to prove ownership of their identity documents,...
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