To counter AI-driven fraud, LexisNexis acquired IDVerse, a London-based startup focused on document authentication and regulatory compliance. This acquisition aims to seamlessly integrate advanced tools into LexisNexis' fraud and identity platforms, enhancing global operations.
Gartner has recognized Entrust, Incode, Jumio, Socure and Sumsub as identity verification leaders amid a rise in regulatory demands and fraud prevention requirements. Identity verification was historically used for regulated onboarding in industries like banking, gambling and cryptocurrency.
AI PCs are expected to make up 43% of all PC shipments by 2025, from 17% in 2024. The demand for AI-powered laptops is forecast to outpace that for desktops, and by 2026, AI laptops will be the "only choice of laptop available to large businesses."
Global CIOs said the fallout from the CrowdStrike outage could have been mitigated by investing in comprehensive data resilience that can help restore corrupted data through orchestrated recovery. It can help recover from disasters such as ransomware, data corruption and catastrophic events.
A recent survey of 100 cybersecurity leaders highlights the industry’s leading cybersecurity challenges and approaches when it comes to gaining visibility and insights into your identity-first security program. It also found that most leaders are still very far from taking advantage of AI in their identity...
Generative AI tools, such as ChatGPT and GitHub Copilot, hold promise for cybersecurity enhancement. Kevin Schmidt, director analyst at Gartner, explores AI's potential for bug detection, threat monitoring and easing SOC burdens, along with organizational challenges.
Entrust, a pioneer payment, identity and data security software and services provider, is in talks to acquire Onfido, a pioneer in cloud-based, AI-powered identity verification technology, for a reported $400 million. The combined solution will help customers fight identity fraud.
The United States has no national ID - but mobile driver's licenses could offer a secure, user-centric and privacy-enhancing alternative for online identity verification and help organizations overcome deficiencies in digital identity infrastructure, said Jeremy Grant, managing director at Venable
Alex Zeltcer, CEO and co-founder at nSure.ai, believes more companies are using AI and gen AI to create synthetic data that will be used to identify fraudulent groups who target online shoppers and gamers. He also observes social engineering at scale, perpetrated by machines, to conduct fraud.
As Congress weighs potential legislative and regulatory guardrails for the use of AI in healthcare, issues such as human oversight, privacy and security risk need close attention, said healthcare industry experts who testified during a House Energy and Commerce subcommittee hearing on Wednesday.
Gartner positioned Dynatrace highest in Ability to Execute and furthest for Completeness of Vision in the 2023 Magic Quadrant for Application Performance Monitoring and Observability.
Observability and security are essential components of successful transformation strategies.
But innovating, operating...
In the latest weekly update, Jeremy Grant of Venable joins three ISMG editors to discuss why the U.S. government is taking a back seat on digital identity issues, the risks of artificial intelligence, and takeaways from the U.S. Cyber Safety Review Board's recent report on cybercrime group Lapsus$.
The crazy fluctuations in the stock market over the past 14 months can drive short-term thinking for publicly traded firms, said CEO Fran Rosch. A proposed $2.3 billion buy by Thoma Bravo would allow ForgeRock to think about the best long-term investments and opportunities in the identity market.
OneSpan plans to purchase an Australian startup founded by a longtime Quest Software executive to securely store and vault documents based on blockchain technology. Melbourne, Victoria-based ProvenDB uses blockchain to deliver security that prevents data tampering and document alteration.
In the latest update, four ISMG editors discuss important issues of 2022, including: CISO Marene Allison's unique career path; Ukrainian government cybersecurity official Victor Zhora on lessons learned from countering cyberattacks; and insights from CEO Nikesh Arora of Palo Alto Networks.
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