Identity verification stories - Page 14

A new Transmit Security report reveals generative AI is fuelling a surge in dark web fraud, with accessible tools like FraudGPT boosting online scam capabilities.

New research by Docusign and Deloitte exposes the Agreement Trap, causing a global loss of SGD$2.4 trillion annually due to outdated agreement management systems.

ConnectID integrates Refundid, enhancing security and efficiency of refund processes by reducing sensitive data storage, and boosting consumer trust.

Encompass appoints Andrew Dunn as VP of Engineering, tasked with leading the strategic delivery of its CDI platform to enhance global banking solutions.

ANZ Plus partners with ConnectID to launch a Digital Identity service, simplifying and securing identity verification for customers, enhancing data privacy and reducing fraud.

iProov becomes the world’s first company to earn FIDO certification for face biometric verification, marking a key milestone in the push to reduce password reliance.

Entrust introduces its Citizen Identity Orchestration solution, enabling secure digital IDs for seamless government services amidst rising AI-driven fraud.

HID integrates its U.ARE.U Camera Identification System with Amazon Rekognition, enhancing facial analysis and verification for self-service and POS environments.

Appdome launches SDKProtect to bolster mobile SDK security, aiming to curb fraud and enhance compliance in the mobile app sector through threat-aware SDK versions.

Forrester's 2024 IAM report highlights AI's growing role in security, the rise of passwordless authentication, and the emergence of B2B IAM solutions.

Surge in global deepfake incidents sees UK among the most-targeted nations as Sumsub reports a 245% annual rise, with elections exacerbating the issue.

Entrust, serving 10,000 customers globally, fortifies digital identities and combats fraud through AI innovations, robust data privacy and bespoke hybrid work solutions.

Westcon-Comstor has teamed up with Zscaler to become the first distributor authorised to deliver Zscaler's cloud security services across Southeast Asia, enhancing regional security standards.

Report reveals increase in fraud cases amongst banks, with money laundering, account takeovers, and AI-generated threats posing significant risks.

VerifyMy, a leader in online protection solutions has appointed Emma Robert-Tissot, ex-YouGov, to head their marketing, fuelling expansion while promoting child cyber-safety.

Urgency grows for advanced fraud-detecting tech amid rising AI-backed scams, with a McDonald's scam highlighting the potential for proactive AI defence mechanisms.

ServiceSeeking teams with ConnectID to boost online protection for SMEs via reliable identity verification, curbing fraud risks and fostering a trusted ecosystem.

The global powered smart card market is forecast to surge to $24.2bn by 2034, driven by enhanced functionality and advanced security features.

Australian businesses tighten cyber defences amid a 354% surge in account takeover fraud, resulting in a record $3.1B loss, calling for strategies that balance fraud prevention with user experience.

Cybercriminals are increasingly targeting online accounts in identity theft surge, with ATO fraud attacks increasing by over 350% in 2023, finds digital fraud management firm, Sift.