FBI shares tips on how to tackle AI-powered fraud schemes

December 4, 2024 at 03:39PM The FBI warns that scammers are increasingly using AI to enhance online fraud schemes, including romance, investment, and job scams. They advise the public to be vigilant and provide tips for identifying scams, such as checking for imperfections in media and verifying identities through secret phrases. **Meeting Takeaways:** 1. **FBI … Read more

How AI Is Enhancing Security in Ridesharing

November 29, 2024 at 12:03PM Ridesharing apps, while convenient, face security concerns, prompting the use of AI for enhanced safety. AI aids in identity verification, fraud detection, and real-time threat monitoring, ensuring the protection of riders and drivers. Its evolving role strengthens security frameworks and addresses increasingly sophisticated cyber challenges in the ridesharing landscape. **Meeting … Read more

Leveraging Wazuh for Zero Trust security

November 5, 2024 at 06:07AM Zero Trust security enhances organizational security by eliminating implicit trust and continuously validating user access. It addresses limitations of traditional models by mitigating insider threats and improving compliance. Wazuh aids this approach through real-time monitoring, incident response, and visibility, thereby protecting against evolving cyber threats and data breaches. ### Meeting … Read more

AU10TIX Q3 2024 Global Identity Fraud Report Detects Skyrocketing Social Media Attacks

November 1, 2024 at 05:45PM AU10TIX released its Q3 2024 Global Identity Fraud Report at Money 20/20, highlighting a surge in automated bot attacks targeting social media, particularly before the US presidential election. The report notes advancements in AI-driven fraud techniques, including synthetic selfies, emphasizing the need for behavior-based detection and enhanced verification systems. **Meeting … Read more

4 Ways to Fight AI-Based Fraud

October 2, 2024 at 07:02PM The rise of AI-driven cyberattacks, including deepfakes and biometric fraud, poses a significant security challenge for individuals and businesses. As cybercriminals exploit AI, security professionals are using AI analytics and data quality measures to detect and counter these threats. Implementing a zero-trust model and predictive analytics can help organizations proactively … Read more

Remote ID verification tech is often biased, bungling, and no good on its own

September 30, 2024 at 08:52AM A recent study by the US General Services Administration found that remote identity verification (RiDV) technologies from five vendors, including TransUnion, Socure, Jumio, LexisNexis, Incode, and Red Violet, display significant unreliability, inconsistency, and bias across demographic groups. The study highlighted the disparate performance of these technologies, emphasizing the need for … Read more

Fake password manager coding test used to hack Python developers

September 11, 2024 at 05:12PM North Korean hacker group Lazarus is using a phishing campaign to target Python developers, posing as recruiters and luring them with coding test projects for password management products containing malware. The VMConnect campaign was detected in 2023, and ReversingLabs reports that the malicious projects are hosted on GitHub. Job candidates … Read more

The Role of Trust Anchors in Modern IT Security

September 5, 2024 at 10:34AM Identity verification is crucial for IT security, with stolen credentials being a common attack vector. Trust anchors, such as government-issued documents, institutional databases, biometric data, and third-party verification services, play a vital role in confirming individuals’ identities. Their use reduces fraud risk but also presents challenges, such as data security … Read more

AuthenticID Unveils Enhanced Smart ReAuth™ for Instant Biometric Reauthentication

August 29, 2024 at 05:04PM AuthenticID, a leader in identity verification, introduces the enhanced Smart ReAuth™, a reauthentication solution using selfie verification for fast, secure customer authentication in high-risk transactions. The platform’s biometric-based approach offers flexibility, security, and privacy, with liveness detection and anti-fraud checks. Smart ReAuth™ aims to combat identity fraud while improving the … Read more

Japan mandates app to ensure national ID cards aren’t forged

August 2, 2024 at 02:04AM The Japanese government plans to address issues with the My Number Card by introducing a mandatory app to verify its legitimacy. This comes after reports of data breaches and counterfeiting. The app will use a smartphone’s camera to compare information on the card with its resident chip and is set … Read more