In May 2019, the Government Accountability Office (GAO), released the report “Federal Agencies Need to Strengthen Online Identity Verification Processes.” The report has far reaching implications for digital identity standards for both the public and private sectors. In this blog we analyze the report, how it influences the private sector and how to apply a risk-based approach to meet the overhauled digital identity guidelines.
In 2017, BioCatch was recognized by Frost & Sullivan for New Product Innovation in Biometric Authentication, highlighting the company’s position in the emerging behavioral biometrics landscape and its patented Invisible Challenges™ solution, which helps identify fraudsters without jeopardizing the user experience.
I don't know anyone who hasn’t received at least one scam call already this year — I received two yesterday alone. In the past two weeks, I've had scam phone calls from Belgium, Uganda, Senegal, Cuba, and Estonia and multiple from Australia. It’s not surprising, then, that phone scams are receiving increased mainstream media coverage, and increased focus from regulatory bodies.
Earlier this year, BioCatch announced that our digital identity solution is now available on the ForgeRock Marketplace. Combining BioCatch’s industry-leading solution with ForgeRock’s intelligent authentication technology makes it easy for ForgeRock clients to implement passive authentication, prevent account takeover attacks, and provide a better customer identity and access management experience. Other benefits include greater consistency and visibility across multiple digital channels, as the solution supports both web and mobile applications.
Despite their known vulnerabilities, one-time passwords remain one of the most widely used forms of two-factor authentication. From SIM swaps to phishing, malware, and a whole host of man-in-the-middle attacks, weaknesses in OTP security are putting customers, and businesses, at great risk.
On May 1, 1999, I began my career in the biometrics and identity industry at an unknown, fledgling company called Visionics that was promoting facial recognition in a shrink-wrapped box to allow people to log onto their PCs safely.