OneVault News

Biometrics Could Make Passwords a Thing of the Past

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May 26th, 2017

Headlines about mass data breaches have become ominously routine, and yet password convenience still trumps security for most people. That’s why, year after year, the world’s most popular log-on remains “123456,” a password so obvious it accounted for 17 percent of the 10 million compromised passwords analyzed by Keeper Security, which sells a log-in management service. Read more>

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Experian Partners with Daon to Bring Multimodal Biometric Authentication to CrossCore

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May 25th, 2017

Experian is going to be the next major organization to take advantage of Daon’s IdentityX biometric authentication platform, with plans to integrate it into its CrossCore identity security system.

Experian to Integrate IdentityX Biometrics Into Anti-Fraud PlatformAs with other integrations of Daon’s pioneering mobile platform, Experian’s will enable fingerprint, voice, and facial recognition for partners using the CrossCore platform. Explaining the move in a statement, Experian VP Kathleen Peters said that “Daon’s biometric authentication will help clients reduce fraud, while reducing customer friction.”

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Compal and Microsoft ‘working’ on smart voice recognition

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May 24th, 2017

Taiwanese electronics firm Compal could be planning to work with Microsoft on an AI-based voice recognition solution, according to speculation in local media.

Compal Electronics president Ray Chen is quoted as saying in DigiTimes that the company has recently landed orders for a smart voice recognition device from a US-based client and he believes that voice recognition technology is an extension of artificial intelligence (AI) technologies. Read more>

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Webinar: Analysing voice to fight contact centre fraud

By  
May 23rd, 2017
Topic:
Rerecording Webinar-20170120 0812-1
Recording date: Friday, January 20, 2017 3:12 am
Eastern Standard Time (New York, GMT-05:00)
Panelist Information:
Duration: 33 minutes
Description:
Contact centers are an attractive target for fraudsters who can leverage the abundant information available on social networks. Fraud attacks, including account takeovers, Automated Clearinghouse (ACH) electronic payments fraud, and identity theft are a large and growing issue for businesses and consumers.Do you want to know how do you stop increasingly sophisticated fraudsters from attacking your contact center? Then join our webinar and learn more about the Nuance fraud prevention and detection solutions for contact centers that are using advanced voice biometrics technology to detect known criminals, uncover new fraud patterns, and prevent account takeovers.

Watch here

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US consumers warming up to biometric security

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May 19th, 2017

It’s long-accepted wisdom that the American masses will resist biometric identification as an intrusion into their privacy. However, the uptake of AppleID and subsequent biometric technologies for unlocking mobile devices seems to have effectively won over those masses for the most part.

A new study, The Retail Banking Biometrics Confidence Report, by EyeVerify finds that consumers not only believe that biometric technologies are more secure authenticators than passwords, but also would like to have more biometrics options for mobile banking. Read more>

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How the New Samsung Galaxy S8 Could Represent a Revolution in Data Protection Methods [Infographic]

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May 18th, 2017
  • AVATIER-Infographic
    How the New Samsung Galaxy S8 Could Represent a Revolution in Data Protection Methods [Infographic] How the New Samsung Galaxy S8 Could Represent a Revolution in Data Protection Methods [Infographic]

    How the New Samsung Galaxy S8 Could Represent a Revolution in Data Protection Methods [Infographic]

View complete infographic here

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Kensington’s USB fingerprint reader now available

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May 17th, 2017

Kensington, the technology division of ACCO Brands, announced the general availability of its VeriMark USB fingerprint reader.

According to a company statement, the Kensington VeriMark Fingerprint Key, which supports both Windows Hello and FIDO universal second factor authentication, integrates the smallest size touch sensor available in a compact design and combines 360-degree readability with anti-spoofing technology and fingerprint activated collaboration capabilities. Read more>

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Voice Biometrics Gets an Added Layer

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May 16th, 2017

A team of computer scientists at Hong Kong Baptist University have put a new spin on common speech-based biometric authentication methods by developing technologies that can identify individuals through their lip movements.

The effort, led by Prof. Cheun Yiu-ming, involves matching the lip movements associated with saying specific passwords to other visual lip characteristics, including shape and texture. It is, appropriately, called the lip motion password.

The researchers claim that lip movements are unique to each individual and cannot be duplicated. The system they are developing can pick up those subtle differences and deny or grant access to systems or information based on them. “The same password spoken by two persons is different, and a learning system can distinguish them,” Cheung said in a statement. Read more>

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Call Center Fraud Increased 113% Last Year: Pindrop

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May 13th, 2017

Call center fraud increased by 113 percent last year, says voice authentication solutions provider Pindrop. The number comes from the latest edition of Pindrop Labs’ annual Call Center Fraud Report, an analysis of data collected through the company’s Phoneprinting platform, which the company says processed half a billion calls last year.

According to Pindrop, the fraud rate in 2015 was one in 2,000 calls, while last year it reached one in 937 calls. Breaking down the data, Pindrop says that banks saw a relatively low rate of increase in fraud, with 2016 having seen a 61 percent increase over 2015; meanwhile, life insurance companies saw a substantial leap of 151 percent. Read more>

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Financial Firms Begin Replacing Password Sign-On

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May 12th, 2017
Financial services firms may one day stop using passwords—and companies like Transamerica and Edward Jones are leading the way.

On Monday, insurer Transamerica announced that its call center will start using voice biometrics authentication technology, reports InvestmentNews. The “Voice Pass” tool will identify clients by the sound of their voice, even if they’re under the weather.

Transamerica says the move will speed up authentication and reduce fraud for the 10 million individuals who use its call center annually. Read more>

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