Singapore’s Group-IB has been listed as a Representative Vendor in Gartner’s 2019 Market Guide for Online Fraud Detection. The cybersecurity specialist was specifically recognized for its Secure Bank/Secure Portal platform, which has been deployed by a number of different banks and online retailers who collectively serve more than 70 million customers. Secure Bank/Secure Portal is…
The demand for biometric technology will continue to grow, according to a new report from Grand View Research. The company’s latest analysis predicts that the biometric technology market will hit $59.31 billion by 2025, with a CAGR of 19.5 percent during the 2018-2025 forecast period. The overall pattern is in keeping with similar reports from…
Kaspersky Lab has shared the results of an investigation that has troubling implications for digital security providers, exposing a massive darknet e-shop that sells stolen digital identities. The storefront is called Genesis, and its vendors are able to copy and even create unique ‘digital masks’ – profiles associated with behavioral and device data that some…
MasterCard has published a new paper in an effort to build a more consumer-friendly understanding of digital identity. Restoring Trust in a Digital World argues that digital autonomy is a fundamental human right, and seeks to give people more control over their identities based on a set of principles that prioritizes transparency, security, privacy, inclusion,…
SITA has released the results of its 2019 Passenger IT Insights report, finding that air travelers are happier when they are able to use biometric technology to make their journey more convenient. That was particularly true for automated passport control. The usage rate for self-scanning passport stations more than doubled between 2017 and 2018, jumping…
“The increase in strong authentication adoption makes sense given that while data breaches, phishing threats and regulatory pressures have risen, the financial and user experience costs associated with implementing strong authentication have decreased.” – Al Pascual, SVP and Research Director, Javelin Strategy & Research Finally, some good news about the current state of digital security:…
Those in the biometrics industry know intuitively that facial recognition has advanced by leaps and bounds in recent years, but a new report from the National Institute of Standards and Technology (NIST) puts numbers to just how far the state of the art has come. NIST, which is the world’s premier agency in the evaluation…
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…
A&S magazine has once again named Suprema one of the world’s top solutions providers in the A&S 2018 Security 50 rankings. This is the eighth consecutive year that Suprema has made it into the rankings, which are based on financial data pertaining to product shipments and marketshare. And Suprema says it’s the only dedicated biometrics…
“Shanghai’s Hongqiao airport, London’s Heathrow, and Atlanta’s Hartsfield Jackson have all announced deployments or enhancements of existing passenger processing systems based on facial recognition technology.” Acuity Market Intelligence is pointing to deployments of biometric passenger processing technology announced this week at three major airports as validation of the market research firm’s predictions about the rise…