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,…
“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…
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 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…
“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…
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 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…
“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…
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Behavioral biometrics are a powerful identity tool that can be used for frictionless authentication and anti-fraud purposes, and as new advances in AI, mobility and connectivity emerge, the invisible modality is evolving to serve even more applications. To learn more about the latest advances in behavioral biometrics, FindBiometrics Managing Editor Peter Counter spoke with a…
“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,…
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…
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…
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…
“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…
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,…
On Wednesday, November 7, 2018, FindBiometrics and Money20/20, our premier partner in the financial industry space, presented ‘Intelligent Biometrics and the New Face of Finance’ – an hour long expert webinar about the intersection of intelligent identity and money. A brief market overview and a recap of highlights from the recent Money20/20 USA conference in…
“As online and mobile banking proliferates, fraudsters are consistently finding new ways to infiltrate banks’ systems, creating havoc for consumers and businesses alike. By using behavioral data to distinguish between a genuine customer and a fraudster – whether human or non-human – we are able to detect fraudulent activity in real-time and protect consumers.” – Avi…
BioCatch is making the case for behavioral biometrics security in the insurance industry. In a new blog post, the company asserts that the biggest fraud threat that insurance companies face online is new account fraud, with criminals either appropriating real accounts or creating fraudulent ones from stolen data. From there, they can get away with…
On the occasion of the Gartner Identity and Access Management Summit this week in Las Vegas, ForgeRock is celebrating a successful year: The company has announced that in a single year, it has seen 54 technology partners join its Trust Network platform. ForgeRock Trust Network is the company’s curated security solutions platform. It’s the central…