enterprise security

ACI Worldwide Embraces BioCatch Security for UP Payments Risk Management Platform

ACI Worldwide Embraces BioCatch Security for UP Payments Risk Management Platform

“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…

Pindrop Makes a Bang in Latest Funding Round

Pindrop Makes a Bang in Latest Funding Round

“The investors are evidently excited about Pindrop’s enterprise security technology, which is designed to use a range of metrics to detect potential fraud in inbound calls, including metadata such as geolocation, background noise, and even voice recognition. “ Pindrop has brought in $90 million in its latest funding round, the company has announced. The round…

A Year In, ForgeRock  Trust Network Emerges as Key Channel to Market

A Year In, ForgeRock Trust Network Emerges as Key Channel to Market

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…

Australian Officials Suggest the Era of the Data Breach Will Continue

Australian Officials Suggest the Era of the Data Breach Will Continue

New statistics on data breaches from Australian officials suggest that “this problem isn’t going away any time soon,” suggests Gemalto. As the company’s latest blog post explains, the Office of the Australian Information Commissioner implemented its Notifiable Data Breaches scheme in late February, introducing new requirements compelling organizations to notify individuals of data breaches that…

New Verizon Authentication System Uses Pindrop Voice Biometrics Tech

New Verizon Authentication System Uses Pindrop Voice Biometrics Tech

“Integrated into the Verizon VoIP Inbound Anti-Fraud and Authentication service, the technology is leveraged together with Verizon’s ‘media forking’ capability, which allows different aspects of audio calls to be branched apart and assessed independently.” Companies operating call centers on Verizon’s network now have access to sophisticated anti-fraud technology thanks to the company’s integration of multi-factor authentication…

Latest BIO-key Orders Come In Over $10M

Latest BIO-key Orders Come In Over $10M

“BIO-key said that the orders are expected to bring in $5 million in revenues in the current quarter, with the remainder to arrive in the next 12 months.” BIO-key has received a couple of big new orders for its biometric authentication solutions, totaling over $10 million, the company has announced. The orders are from two…

UK-based Cloud Solutions Firm Embraces GoVerifyID

UK-based Cloud Solutions Firm Embraces GoVerifyID

“The a24.io partnership marks an important entry into the UK market with a highly regarded organization with a global reach.” – Jim Miller, CEO & Chairman, ImageWare ImageWare has a new distribution partner: a24.io, a UK-based cloud computing solutions provider. The latter is now offering multimodal biometric authentication security from ImageWare to its clients, which…

BehavioSec Upgrades Flagship Platform

BehavioSec Upgrades Flagship Platform

“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…

ImageWare Delays Q3 Update

ImageWare Delays Q3 Update

“In a statement announcing the rescheduling, ImageWare explained that “the delay is a result of ‘a pending third party derivative liability evaluation, the results of which are not expected to materially alter financial results.’” ImageWare has rescheduled its Q3 update, with the report to be issued after market close on Wednesday, November 14th. The company…

BioConnect Announces Latest Authentication Platform Upgrade

BioConnect Announces Latest Authentication Platform Upgrade

“After the wide global success of the BioConnect Physical Security Platform launched in 2011, the latest version of BioConnect ID Digital Security Platform is disrupting the industry again and forever changing the way the enterprise conducts authentication of its employees and customers.” – Rob Douglas, Chairman & CEO, BioConnect BioConnect has launched the latest version…

Applied Recognition Joins VMware Distribution Platform

Applied Recognition Joins VMware Distribution Platform

Applied Recognition‘s facial recognition technology could reach a range of new clients thanks to its newly-announced integration into VMware’s Technology Alliance Partner Program, or TAP. TAP is essentially a distribution platform offered by VMware to help its partners’ solutions reach its network of clients, which extends to over 500,000 worldwide, VMware says. Now, the program…

Risk-based Authentication Market to Reach $5.41B by 2023: Report

Risk-based Authentication Market to Reach $5.41B by 2023: Report

The risk-based authentication market is in for some substantial growth, according to a new market forecast from MarketsandMarkets. The market research firm predicts that this sector will grow from a value of $2.19 billion this year to $5.41 billion by the year 2023, reflecting a CAGR of 19.8 percent. According to the report, the market…

New York Bank Adopts BIO-key Security

New York Bank Adopts BIO-key Security

“…the bank will use BIO-key’s PIV-Pro fingerprint scanner, a FIPS 201-compliant device, for computer access; and that will be facilitated via BIO-key’s ID Director software, which is designed to integrate with Microsoft’s Active Directory platform to enable biometric authentication on Windows.” A New York-based bank has opted for biometric security from BIO-key, the company has…

HYPR, Goode Intelligence Target Vulnerabilities of Passwords in New White Paper

HYPR, Goode Intelligence Target Vulnerabilities of Passwords in New White Paper

“…HYPR emphasized that while a growing number of companies are wisely adopting biometric security, they’re also still relying on centralized password authentication, leaving them ‘vulnerable to credential stuffing and reuse attacks, phishing, social engineering credential theft, account takeover, payment fraud, prepaid product cash-out scams, loyalty fraud, and large-scale data breaches.’” HYPR Corp. has published a…

BIO-key Gets New Chief Revenue Officer

BIO-key Gets New Chief Revenue Officer

BIO-key has a new Chief Revenue Officer, the company has announced. Fred Corsentino comes to the company with notable sales experience, having served as the Chief Revenue Officer of Comodo, a New Jersey-based provider of a digital security platform; and having launched a consulting firm called The Sales Leader Association. Corsentino also worked in a…

Exabeam and SecureAuth + Core Security Collaborate on Behavioral Biometric Security

Exabeam and SecureAuth + Core Security Collaborate on Behavioral Biometric Security

Exabeam and SecureAuth + Core Security have teamed up to offer a new security platform based on behavioral biometrics. The platform revolves around Exabeam’s Smart Timeline system, which scans online activity for abnormal behavior such as unusual login attempts and account switching. It assesses such behaviors into a risk score, which the SecureAuth IdP system…

Businesses Recognize Importance of Protecting Customer Data, But Struggle to Address It, Survey Suggests

Businesses Recognize Importance of Protecting Customer Data, But Struggle to Address It, Survey Suggests

Businesses are really starting to recognize the importance of protecting customer data, but are still struggling to implement effective digital security technologies, suggests new ForgeRock-sponsored research from Forrester Consulting. The firm conducted its research this past April, polling 400 decision makers across the US, the UK, France, Germany, Australia, Japan, and China. It found that…

Proofpoint, Okta Combine Forces to Fight Phishing

Proofpoint, Okta Combine Forces to Fight Phishing

“Credential phishing is an Achilles heel for many organizations because most phishing links are hosted on compromised, legitimate websites with good reputations. Clever attackers even wait until after an email has passed through the gateway and into a user’s inbox before changing the content of the site to a page designed to steal usernames and…

Study Finds Biometric Authentication is Less Popular at Work

Study Finds Biometric Authentication is Less Popular at Work

Another study is pointing to the rise of biometric authentication, and the decline of the password. Commissioned by London-based multimodal authentication specialist Callsign and carried out by YouGov Plc, the study entailed online surveys of a little over 3,000 adults across the UK and the US. The survey found a significant difference in authentication preferences…

Data Theft to Jump 175 Percent by 2023: Juniper Research

Data Theft to Jump 175 Percent by 2023: Juniper Research

Juniper Research is predicting a significant jump in data breaches over the coming years. In a new report entitled “The Future of Cybercrime & Security”, the market research firm predicts that the number of stolen digital records will rise from an anticipated 12 billion records this year to 146 billion records in 2023 – a…

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