White Papers in Security Operations

The Latest Trends in Advanced Authentication

Cybercrimes, and the reputational and financial damage to businesses that suffer from them, rise every year. It's estimated that the cost of breaches, identity theft, and other cybercrimes will double, from $3 trillion in 2015 to $6 trillion in 2021. Advanced authentication prevents 70% of account fraud, meaning that...

Ask the Biometrics Expert: Q&A on The Current State of Biometrics

Biometric technology has been gathering traction and is becoming almost ubiquitous across a range of industries and applications. But how does it work, what are the benefits, and what do businesses need to look at when implementing the technology? Watch this Q&A with Onfido's biometrics expert, Susana Lopes, to...

Analyzing User Behavior & Behavioral Biometrics to Mitigate Account Take-over

The solution providers in the fraud solution industry offer logic designed to track users and prevent malicious activity by capturing and analyzing behavioral characteristics across the entire session, from login to check out and everything in between. These solutions compare known customer behavior in the case...

How is Your Organization Mitigating Account Takeover?

This white paper looks at how payment innovation is impacting fraud departments and the growing importance of removing friction to improve the customer experience. The mobile and online channels are the future; being able to authenticate returning customers and determine who new applicants really are will be essential...

Ovum On the Radar: Mobile Smart Credentials Bolster Security While Streamlining Ux

Ovum, a market-leading research and consulting business that helps enterprises thrive in the connected digital economy, explains why every enterprise should put stronger authentication service on their radar as a means of better securing their companies data and minimizing their fraud exposure risk all while...

The Vulnerabilities of Traditional Identity Verification

As account opening continues to transition from physical to digital channels, financial institutions and other organizations must optimize the digital experience of applicants in order to compete. At the same time, fraud is on the rise thanks to some of the same digital channel benefits enjoyed by consumers:...

The Sound of Secure Transactions: Voice Biometrics and PSD2 Compliance

The digital shift is increasing the need for more sophisticated privacy and data protection measures. Several major institutions have seen their information security compromised in recent years as cyberattacks and fraudulent activity show no sign of slowing down. With PSD2 regulations now in effect, companies are in...

Establish a Risk-Based Approach to Online Security

Before the Internet, customers who wanted to perform a bank transaction had only one option - a visit to their local branch for a face-to-face transaction. Now, in the "mobile age," customers expect that their bank provide secure and easy access to the full suite of banking services via their mobile device. The...

Is the Promise of Behavioral Biometrics Worth the Investment?

Behavioral biometrics has been getting a lot of attention recently due to its ability to uniquely address the challenges posed by social engineering, account takeovers and malware. It is already considered the third most popular biometric technology (after finger and face) and tied with iris. Nonetheless, as an...

Biometrics in Banking: The Benefits and Challenges

In 2013, Apple introduced Touch ID, a biometric technology that brought convenient fingerprint recognition to a mass consumer audience. Banks have gravitated to Touch ID because it provides them with a device-based technology they may leverage to secure the mobile banking platform, and, in turn reduce their costs...

How to Integrate Touch ID into your Mobile Banking Application the Right Way

Banks can no longer view mobile banking as a "new channel" or optional service. It is now the preferred form of banking for an entire generation of customers and, arguably, the single biggest banking innovation since the advent of the ATM. Banks in particular have gravitated to Touch ID technology because it...

Use Voiceprint Biometrics To Eliminate Fraud Without Diminishing Customer Experience

For contact centers, the effectiveness of security questions is declining. Professional fraudsters can successfully answer questions using stolen customer records from growing cyberbreaches and customer experience is impacted by adding more security questions. Is there a way for more powerful fraud detection...

Omni-Channel Authentication: A Unified Approach to a Multi-Authenticator World

Authentication innovation is still in its infancy, and most companies are still combining more traditional passwords and PINs with cutting edge biometrics or contextual decisioning methods. The combination brings new capabilities to multi-factor authentication, but doesn't necessarily produce the best possible...