FindBiometrics recently dedicated an entire month to behavioral biometrics, the passive modality on the rise promising to change the ways we fight fraud and authenticate users online. As one of the leading vendors in this booming space, NuData Security, a behavioral biometrics company recently acquired by MasterCard, figured prominently into our featured coverage. FindBiometrics had the…
NuData is highlighting some success stories to show how its NuDetect platform is helping to protect its clients from digital fraud. One client, a Fortune 200 company, was using NuDetect on its main eCommerce website, but hadn’t applied the technology to its loyalty program, which was being exploited by a criminal organization using an automated…
NuData Security is a finalist in the European SC Awards, with its NuDetect behavioral biometrics platform nominated in the category of Best Behaviour Analytics/Enterprise Threat Detection. The Excellence Awards are organized by SC Magazine, a resource for IT security professionals, and are determined by a panel of expert judges selected by the SC Media UK editorial…
While numerous vendors at this year’s ISC West security expo continue to demonstrate the utility of traditional biometric modalities like fingerprint scanning and facial recognition, a new kind of biometric technology is poised to take a growing place in the spotlight: behavioral biometrics. Based on the subtle behavioral patterns emerging from how users behave online…
“NuData has proven to be one of the pioneers of the emerging behavioral biometrics approach to security.” Mastercard is going to acquire NuData Security, the companies have announced. In a statement, the companies declined to offer the terms of the agreement, but both committed to the project of integrating NuData and its NuDetect platform into…
Authentication based on behavioral biometrics is easier and safer, argues NuData Security. In a new blog post, the company makes the case that behavioral biometrics is non-intrusive for subjects, and that the behavioral profiles it establishes for users are of no value to hackers. Physical biometrics, while offering useful identity data, could be vulnerable to…
Germany-based financial services provider Arvato has teamed up with NuData Security to deliver to customers an enhanced anti-fraud offering, the companies have announced. While NuData has reported strong client growth with respect to its NuDetect behavioral biometrics platform, this is a different kind of partnership for the company. The companies will work together on a new…
It’s Black Friday, and that means the holiday season kicks off today. Accordingly, NuData security is raising the alarm about digital security threats as more shoppers place orders online. The company says that according to an analysis of its customer base using its NuDetech behavioral analytics platform, fraudsters are working harder than ever. Detected fraud…
NuData Security is calling attention to the digital security threats emerging with the rise of mobile payments in a new blog post. Citing a Cisco forecast, the company asserts that by 2020, 11.6 billion mobile devices will be online, and that growth tracks with mPayment adoption, with Forrester Research predicting that mPayments will total $90…
NuData Security is celebrating some recent attention in industry publications, most notably from a recent Gartner report. The research note, entitled Technology Insight for Biometric Authentication, looks at the advantages of biometric technology for secure authentication. And as NuData points out in a new press release, the company is listed as a provider of multimodal biometric…
“In a statement announcing the new appointments, NuData suggested they would help to maneuver the company through a growth phase…” NuData has announced a couple of major strategic appointments that it says are aimed at adapting to substantial growth. Both are internal promotions. Randy Lukashuk has helped the company in development and programming roles and…
NuData has partnered with the National Anti-Organized Retail Crime Association (NAORCA), a US-based organization with over 3,000 members around the world. The partnership could offer NuData an impactful opportunity to promote its NuDetect platform, which uses behavioral biometrics and analytics—tracking patterns associated with keystrokes, mouse movement, and various other factors—to verify ‘good users’ online while flagging…
Behavioral biometrics specialist NuData Security has appointed a longtime digital security expert as its new Vice President of Business Development. Robert Capps comes to the company with over 20 years of experience in this area. He previously held digital security positions with network security provider RedSeal, and before that with Stubhub. Capps is also a…
NuData has received more high-profile plaudits for its NuDetect behavioral analytics platform. The company has won the 2016 METAward in the ‘established’ category. The METAwards are organized by the Merchant Risk Council, and are given to two companies – one in the ‘startup’ category, and one in the ’emerging’ category for businesses that have been in operation…
NuData is taking the opportunity of this week’s RSA Conference to call for a paradigm shift in how companies think about fraud prevention. It revolves around the kind of data used for authentication. Passwords and PINs, while of decreasing value as security tools, remain of high value to fraudsters given their utility in gaining access…
NuData Security’s NuDetect behavioral biometrics platform has won a Judges’ Choice award in the 2016 Pay Awards. This was the tenth year of the Pay Awards, which are hosted by Paybefore, a news outlet covering the payments industry. The award offers a strong validation of NuData’s platform, which protects clients’ online properties by analyzing online activity connected to…
The Money20/20 conference in Las Vegas is well underway, and NuData Security is there showcasing its NuDetect behavioral biometrics and analytics solution. NuDetect scans online activity related to clients’ websites for signs of potential fraud by analyzing a variety of metrics involving the unique, subconscious patterns associated with repetitive tasks like typing, scrolling, and so…
Last week at FindBiometrics National ID Month continued with a look at how the UNHCR is deploying biometrics around the world to serve and protect millions of forcibly displaced persons in what is commonly being referred to as a global refugee crisis. We also announced the National ID Month Webinar, for which registration is now…
Behavioral biometrics developer NuData is aiming its solutions at the healthcare industry. In a new blog post, the company argues that rising threats to the digital security of healthcare company systems provide a compelling reason to adopt security systems based on behavioral analytics. Citing breaches against health insurers Excellus Blue Cross and Anthem, as well…
NuData Security has announced some new findings on online fraud trends. The findings are particularly relevant in the wake of recent high-profile data breaches. One of the online security solutions company’s main findings is that account takeover is a more pervasive form of online fraud than credit card fraud; and in a sense it could be…
NuData has been recognized as one of Gartner’s Cool Vendors in Cloud Security Services, the company has announced. The Gartner report is pretty much what it sounds like – a compendium of profiles on innovative vendors specializing in key tech sectors. Gartner has found that cloud storage and services are increasingly subject to attacks from…
Behavioral biometrics specialist NuData Security has announced upgrades to its online fraud detection system. The company reports that NuDetect now offers 97 percent accuracy in user identification. The main thrust of the enhancements is that the system has been refocused to look at the overall lifecycle of fraudulent activity, rather than just at incidents of…
Market research firm Research and Markets has released a new report on the growing behavioral biometrics market. Entitled “Keystroke Dynamics – Global Strategic Business Report”, the study analyzes 16 companies in the market, technological developments, industrial activity, and the overall global perspective. The researchers are tight-lipped about their findings in a synopsis, but did indicate that…