The new India Post Payments Bank will take banking to the doorstep by using India's mammoth network of post offices. Postmen will perform digital transactions on their phones. That's raising concern among security leaders, who recommend adopting defense-in-depth security.
UIDAI, which administers the Aadhaar program, has some simple advice: Avoid behaviors such as what R.S. Sharma, chairman of the Telecom Regulatory Authority in India, did on Saturday, when he tweeted his Aadhaar number.
This white paper looks at how payment innovation is impacting fraud departments and the growing importance of removing friction to improve the customer experience. The mobile and online channels are the future; being able to authenticate returning customers and determine who new applicants really are will be essential...
Silicon Valley employees are increasingly calling on executives to restrict the use of facial recognition technology, mobilized in part by the U.S. government's previous policy of separating children from parents at the border. Experts say facial recognition regulations are needed - and quickly.
Numerous technology firms now offer facial biometrics recognition search tools for big data sets. But information security expert Alan Woodward warns that these big data sets must be "considered and regulated very heavily" or else we'll be "living in 1984 without knowing it."
In June, Maryland authorities used facial recognition capabilities to comb through 10 million images and identify Jarrod Ramos, the suspect in the Capital Gazette shooting, which left five people dead. One public safety official described the technology as "a valuable tool for fighting crime."
But what are the...
To help prevent fraud, more organizations are moving toward the use of behavioral biometrics for authentication, says Tamaghna Basu of NeoEYED, who explains how the technology works.
99% of account takeover attacks begin with automation, and they pave the way for future ATO. Today's sophisticated scripts can bypass traditional measures that rely purely on device intelligence or static data. Learn how to block sophisticated attacks with behavioral biometrics before they create fraud losses.
You...
The entire approach toward Aadhaar security needs to change to address problems on the users' end, rather than focus on the UIDAI's core database, contends Na. Vijayashankar, a cyber law expert. He'll be a featured speaker at ISMG's Fraud and Breach Prevention Summit in Bengaluru.
99% of account takeover attacks begin with automation, and they pave the way for future ATO. Today's sophisticated scripts can bypass traditional measures that rely purely on device intelligence or static data. Learn how to block sophisticated attacks with behavioral biometrics before they create fraud losses.
You...
Ovum, a market-leading research and consulting business that helps enterprises thrive in the connected digital economy, explains why every enterprise should put stronger authentication service on their radar as a means of better securing their companies data and minimizing their fraud exposure risk all while...
Hot cybersecurity trends under discussion at this year's RSA Conference include artificial intelligence, facial recognition, protecting not just data but also knowledge, as well as rapid data breach response, says Chris Pierson, CEO of Binary Sun Cyber Risk Advisors.
The Unique Identification Authority of India has taken the next step toward adding an extra layer of security to protect Aadhaar data, a move that some security leaders are welcoming in light of recent Aadhaar-related data leaks.
Those concerned about the security of India's Aadhaar biometric ID are pleased that the Supreme Court has ruled that linking Aadhaar numbers to bank accounts, payment cards and mobile phones cannot be mandatory until security issues are adequately addressed.
The Equifax breach, which affected more than 143 million individuals, proves breaches are not trending downward.
A lot has been said about the ways that criminals use stolen data. In this session, BioCatch discusses the current state of account openings online and what fraudsters are doing to circumvent security...
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