NuData Security’s Senior Vice President and Chief Technology Officer is taking over as the company’s new CEO. Christopher Bailey will be replacing company co-founder Michel Giasson, who is retiring after 12 years of service as the former CEO. Though the assignment is technically a promotion, Bailey co-founded NuData alongside Giasson in 2007 and is extremely…
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…
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…
BioCatch is raising the alarm over cross-channel fraud. As the company explains in a new blog post, “cross-channel fraud” simply refers to fraud conducted between two multiple different channels – for example, using a phishing attack via social media to get a user’s credentials for their bank’s web app. It’s a way of exploiting businesses’…
“Essentially, it’s designed to use facial and fingerprint recognition to enable continuous, passive biometric authentication of a smartphone user.” BIO-key has been granted a patent that it believes could be highly valuable to the company given current trends in mobile biometrics market. Entitled, “Utilization of Biometric Data”, the patent was first filed in 2015, and…
