BioCatch

Government Biometrics Dominates This Week’s Top Stories Roundup

Government Biometrics Dominates This Week’s Top Stories Roundup

Government biometrics appears to be the theme of the week in FindBiometrics’ latest roundup of top stories. More specifically, three of this week’s top five concern government agencies’ use of biometric technology to identify individuals in their charge. Perhaps the biggest story of these concerned a new draft Request for Quote from the US Customs…

BioCatch: Behavioral Biometrics Stops More Complex Forms of Fraud

BioCatch: Behavioral Biometrics Stops More Complex Forms of Fraud

BioCatch is once again highlighting the advantages of behavioral biometrics in a new blog post that details two case studies in which the BioCatch platform was used to stop more complex forms of fraud. In the post, the company notes that many anti-fraud solutions protect a single access point, either with a password or a…

BioCatch Warns Against Duplicate Email Fraud

BioCatch Warns Against Duplicate Email Fraud

BioCatch’s Frances Zelazny is calling attention to a particularly pernicious form of fraud, in which fraudsters clone invoices and send duplicate emails in which all of the information is exactly the same, except for the desired payment destination. The victim thinks they’re paying a legitimate invoice, but is instead sending a large payment to an…

Federal Reserve Sounds Alarm About Synthetic Identity Fraud

Federal Reserve Sounds Alarm About Synthetic Identity Fraud

The US Federal Reserve System has released a new White Paper that calls attention to the growing threat of synthetic identity fraud. The paper defines a synthetic identity as one that combines false information – such as a fake name or date of birth – with legitimate information like a social security number that has…

BioCatch: 3 Use Cases Demonstrate the Utility of Behavioral Biometrics

BioCatch: 3 Use Cases Demonstrate the Utility of Behavioral Biometrics

Earlier this month, Frost & Sullivan released a new report that emphasized the growing importance of behavioral biometrics, arguing that it “will become the main identity verification element in two factor or multifactor authentication.” Now BioCatch is following up with a blog post that highlights the more tangible benefits of the technology. In the post,…

ForgeRock Exec Discusses ‘Voodoo’ of Behavioral Biometrics with BioCatch

ForgeRock Exec Discusses ‘Voodoo’ of Behavioral Biometrics with BioCatch

“Behavioral biometrics provides us with one of the strongest tool sets for continuous transparent user evaluation.” – Ben Goodman, SVP Global Business and Corporate Development, ForgeRock Six weeks after BioCatch‘s behavioral biometrics system went live on the ForgeRock Marketplace, the company has published a new interview with an executive from the latter to delve into…

BioCatch Details Major Identity and Privacy Trends in the Biometrics Industry

BioCatch Details Major Identity and Privacy Trends in the Biometrics Industry

The BioCatch Chief Strategy and Marketing Officer traces the evolution of identity, privacy, and design BioCatch’s Frances Zelazny has shared some insights in a new blog post that looks back at twenty years in the biometrics industry. The company’s Chief Strategy and Marketing Officer specifically focused on identity, privacy, and design, noting how the prevailing…

BioCatch Highlights the Fraud Risks of Trojans and Compromised Emails

BioCatch Highlights the Fraud Risks of Trojans and Compromised Emails

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…

BioCatch Goes Live On ForgeRock Marketplace

BioCatch Goes Live On ForgeRock Marketplace

“Our partnership with BioCatch eliminates the complexity involved when implementing behavioral biometrics.” – Ben Goodman, Senior Vice President of Global Strategy and Innovation, ForgeRock BioCatch‘s behavioral biometrics platform is now officially available through the ForgeRock Marketplace, the company has announced. It’s a development that has been in the works for several months. During the Gartner…

BioCatch Sales Director Discusses Cybersecurity Challenges in Latin America

BioCatch Sales Director Discusses Cybersecurity Challenges in Latin America

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…

BioCatch Shares More Details About Partnership with Entersekt

BioCatch Shares More Details About Partnership with Entersekt

BioCatch has elaborated on the nature of its new partnership with Entersekt, taking to its blog to explain how the two companies are working together to improve the mobile banking experience. The company noted that while digital banking apps need to be just as engaging as consumer apps, they also face higher scrutiny and need…

BioCatch Tech Comes to Entersekt Secure Platform

BioCatch Tech Comes to Entersekt Secure Platform

“Adding BioCatch’s technology to the mix will enhance [Entersekt Secure Platform’s] value, with up to 2,000 parameters coming into play to verify end users based on their behavioral patterns.” BioCatch has teamed up with South Africa-based FinTech specialist Entersekt, with the latter integrating its behavioral biometrics technology into its Entersekt Secure Platform. The platform already…

BioCatch Gets 39th US Patent

BioCatch Gets 39th US Patent

“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,…

BioCatch Explains How Behavioral Biometrics Reduces Friction in Digital Transactions

BioCatch Explains How Behavioral Biometrics Reduces Friction in Digital Transactions

Financial security is important. It can also be frustrating when a transaction gets declined while you’re using your own credit card. According to BioCatch, false declines – that is, legitimate transactions that are flagged as potentially fraudulent – have a footprint 13 times bigger than the cost of fraud itself, a number that reflects the…

AMR Forecasts a Booming Keystroke Dynamics Market

AMR Forecasts a Booming Keystroke Dynamics Market

A new report from Allied Market Research suggests that the keystrokes dynamic market is set to explode in the next few years. According to AMR, 2017’s $129.8 million keystroke market figure will climb to $754.9 million by 2025 as more companies look for behavioral biometric solutions to increase security and combat the rising number of…

BioCatch Explains How Behavioral Biometrics Can Stop Vishing Fraud

BioCatch Explains How Behavioral Biometrics Can Stop Vishing Fraud

These days, voice phishing – or vishing – is an increasingly lucrative scam. It’s also becoming more difficult to identify. Successful scammers are able to pose as a legitimate representative of an organization like a government or a bank, right down to the phone number and company logo in the call log. Thankfully, behavioral biometrics…

BioCatch Targets Vishers in Latest Platform Enhancement

BioCatch Targets Vishers in Latest Platform Enhancement

“Vishing, a type of APP fraud, is one of the hardest social engineering scams to detect because it’s essentially a person defrauding him or herself while under the influence of a con artist.” – Avi Turgeman, Founder, CTO, Vice President of Business Development, BioCatch BioCatch has further enhanced the AI capabilities of its behavioral biometrics…

Corporate Treasury Represents a Highly Attractive Target to Fraudsters: BioCatch

Corporate Treasury Represents a Highly Attractive Target to Fraudsters: BioCatch

It’s a new year, but the digital threats of 2018 remain at large. Accordingly, BioCatch is once again honing in on a specific vulnerability to showcase how sophisticated security technology – namely behavioral biometrics – can be used to guard against such threats. In its latest blog post, BioCatch puts the spotlight on corporate treasury,…

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