BioCatch is warning about the dangers of corporate fraud in the wake of the FBI’s 2018 Internet Crime Report. The company specifically highlighted the threat of Business Email Compromise (BEC) attacks and Remote Access Trojan (RAT) attacks in a new blog post, both of which can be mitigated with the help of behavioral biometrics. Of…
The AI software firm Cyleron has launched a new behavioral biometrics security solution designed for corporate customers. Dubbed CyleronCentry, the new platform uses keyboard biometrics and machine learning to build a user profile based on the typing habits of an employee. That profile can then be used as a template to provide ongoing passive authentication.…
“In his new position with TypingDNA, Freeman will be based in the company’s US office, and will focus on building its presence in the American market.” As it seeks to expand, Romania-based behavioral biometrics startup TypingDNA has announced the appointment of a new Vice President of Sales. The new VP, Terry Freeman, comes to the…
Jorge Aguilar Perez shared some insights on the cybersecurity market in Latin America with a quick Q&A on BioCatch’s blog. Perez is the BioCatch Sales Director for Mexico, Central America, and the Caribbean, and explained that the region’s high rates of mobile penetration and mobile payments coupled with weak digital infrastructure make many Latin American…
Veridium has become the latest biometrics specialist to join Mastercard Start Path, the financial services giant’s startup accelerator program. It’s an impressive feat. Only about 40 startups are admitted to the program each year, and Veridium says it was part of an applicant pool of almost 2,000. Criteria for selection include demonstrated commercial traction, seed…
Precise Biometrics will focus on biometric payment cards, smartphone fingerprint scanning, and multi-modal digital identity for the foreseeable future, with its new YOUNiQ solution being key to the latter over 2019, suggests its newly-published Annual Report. A glossier, more in-depth publication than Precise Biometrics’ year-end results, which were published in February, the Annual Report offers…
Last week, our sibling site FindBiometrics published part one of an extensive interview with Frances Zelazny, Chief Strategy & Marketing Officer, BioCatch. That first half of her conversation with Peter Counter, Managing Editor of FindBiometrics and Mobile ID World, dealt with how behavioral biometrics can thwart sophisticated vishing fraud attacks, the behavioral insights market, and…
A lot of biometric security specialists say they can help businesses to reduce fraud and save money, but Nuance Communications is backing up its own particular value proposition with some numbers: The company says that its Nuance Security Suite saved organizations over $1 billion collectively over the course of 2018. The solution combines voice recognition,…
In its latest blog post, BioCatch has some words of advice for Payments Canada and other financial institutions that are upgrading their systems to support faster payments. The behavioral biometrics company argues that financial institutions need to be prepared with real-time fraud prevention strategies in order to head off an impending wave of financial crime.…
BlackBerry Cylance is using behavioral biometrics to enhance its Cylance AI security platform. The new features are being introduced under the CylancePERSONA heading, and will deliver continuous authentication to its enterprise-level clients to detect and prevent fraudulent activity. “Every day, rogue insiders and external threat actors exploit valid user credentials to launch cyber attacks, so…
“BioCatch’s approach here is notable for not needing to rely on specialized hardware, making it another one of the many behavioral metrics – the company says it uses 2,000 of them – that can be analyzed by BioCatch’s technology via a software-based approach.” BioCatch has further solidified its IP holdings with a newly granted patent,…
OneSpan has launched a new Risk Analytics solution aimed at the financial services sector. It’s a cloud-based, open API platform that leverages AI to spot potential fraud attempts. Backed by machine learning, its AI system is designed to assess a range of metrics including device information, transaction data, and user behavior in order to deliver…
A Brooklyn-based behavioral biometrics specialist has revealed that it was recruited to aid in the Department of Defense’s development of a ‘proof of life’ authentication system. Called Twosense.ai, the company says it won a contract through Army Contracting Command’s Rapid Innovation Fund. The deal is valued at $2.42 million, and was actually awarded in late…
Some clicks are worth more than others, especially in the world of online advertizing. Many ad views are created by bots rather than people, which is why the World Federation of Advertisers estimates that ad fraud will cost advertisers roughly $50 billion by the year 2025. With that in mind, the fraud prevention company Adjust…
The behavioral biometrics market is really going to come into its own over the next several years, suggests a new report from Allied Market Research. The firm estimates that the global behavioral biometrics market was valued at about $720.5 million in 2017, and that it will reach a whopping $3.922 billion by the year 2025.…
“Metadata pertaining to things like device identifiers and online identity will be leveraged together with analysis of behavioral patterns and other AI systems to verify that users are who they say they are without any friction.” BioCatch has issued its top ten predictions of cybercrime trends anticipated for 2019, and there’s actually a bit of good news…
“Now, thanks to the partnership with ID R&D, the system can identify customers using voice recognition or selfie-based facial recognition, with behavioral biometrics adding an extra layer of anti-fraud security.” Biometric technology from ID R&D has been integrated into a unique communications platform from Ten Digit Communications. Called “TDC Bridge”, the platform is designed to…
“The Cognitive Authentication platform powers a specific Single Sign-On solution called “It’sMe”, which is designed to operate across mobile devices, web browsers, and enterprise applications.” Portland-based authentication startup Acceptto has officially launched, announcing its new Cognitive Authentication platform. The company says that its platform is based on machine learning, and that it’s designed to replace…
“The system’s operation has also been streamlined, with new threat detection algorithms having reduced the number of end user interactions needed to recognize individuals and potential threats.” BehavioSec has upgraded its behavioral biometrics platform. Version 5.0 of the BehavioSec Behavioral Biometrics Platform is now able to detect the use of Virtual Private Networks and TOR-routed…
