What's needed to make a shift from traditional IAM to CIAM? To start, an organization needs to look at fraud detection solutions and risk-based authentication technologies such as device intelligence and behavioral biometrics, says David Britton of Experian.
Identity management will be at the forefront of securing remote work in the coming year. Jason Bohrer, new leader of the Secure Technology Alliance and the U.S. Payments Forum, describes key initiatives as he steps into this role.
Federal investigators have seized two domains impersonating the pharmaceutical firms Moderna, which has begun shipping a COVID-19 vaccine, and Regeneron, which developed a treatment for COVID-19, according to the U.S. Justice Department. Fraudsters were using the websites for identity theft.
Fraud explodes in tough times, and do times come any tougher than they have with COVID-19? In this latest Cybersecurity Leadership panel, CEOs and CISOs describe their efforts to spot and stop emerging fraud schemes involving synthetic IDs, social engineering and greater insider risks.
An ongoing spear-phishing campaign is spoofing the official Microsoft.com domain name and targeting users of the company's Office 365 suite, according to security firm Ironscales. Fraudsters are likely using these attacks to harvest credentials.
Knowing your customer has become of more a challenge in a world where in-person interaction has become scarce. Andrew Bud of iProov discusses how identity proofing is evolving to meet the challenge.
Mitigation of identity fraud requires a combination of technologies that complement one another and are easy to manage. Adding a new solution requires looking beyond fraud management to the customer experience, including all stages of the customer lifecycle. It is critical to have safe and secure customer onboarding,...
Asian organizations are beginning to look at extending digital identity beyond the traditional internal enterprise IAM stack, to CIAM or customer identity and access management, shares Alex Laurie, SVP at ForgeRock.
As synthetic ID fraud in the financial services sector continues to rise next year, organizations must use new technologies to mitigate the risks, says Saif Nawaz of Meridian Credit Union in Canada.
In a bid to reduce rising impersonation and identity theft cases, the Monetary Authority of Singapore is proposing to require the use of enhanced identify verification during mobile and online banking transactions.
Twenty financial institutions are collaborating to identify how machine learning can be used to detect synthetic ID fraud, says Greg Woolf, CEO at the security firm FiVerity.
Payments companies must secure their APIs and enhance their authentication standards in line with The Reserve Bank of India's guidelines to make QR codes interoperable and boost the electronic payments ecosystem.
Validating identity across every digital channel is essential to track money movement information and help control P2P payment fraud, two fraud-fighting experts say.
Researchers have uncovered a fresh phishing campaign that mimics the automated messages of the popular business communication platform Microsoft Teams in an attempt to harvest users' Office 365 login credentials.
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