ARTIFICIAL INTELLIGENCE

Exploring the Evolving Landscape of Fraud: Synthetic Identities and Security Risks

Ethan Nash2 days ago2 days ago05 mins

The iProov Identity Verification Threat Report reveals a dramatic shift in fraud methodologies, highlighted by the rise of synthetic identities and injection attacks. Traditional security is becoming obsolete as fraudsters leverage advanced tools for nefarious activities. The report also discusses alarming trends in biometric security vulnerabilities and coordinated fraud efforts targeting specific demographics. The annual…

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Socure Advocates Advanced Biometric ID Verification to Combat Fraud

Raj Desai2 days ago2 days ago05 mins

Socure advocates for advanced biometric identity verification to combat rising ID fraud, especially in state pension programs. Its SocureGov platform secured FedRAMP”Moderate” authorization, allowing enhanced security for federal agencies. The firm suggests reforms in identity verification methods within government operations, including adopting performance metrics and innovative technologies. Socure’s efforts focus on improving security for retirees…

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Privacy Concerns Emerge as NYC Startup Uses AI for Protestor Identification

Ethan Nash2 days ago2 days ago03 mins

Stellar Technologies’ NesherAI software is scraping social media images to identify protestors with possible visa violations. This practice draws parallels to Clearview AI’s previous controversies. Legal and ethical concerns arise as the software is marketed for use by various organizations, including extremist groups, raising issues of privacy and potential doxing. A New York City startup,…

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BIO-key Achieves Fast Biometric IAM Deployment for Defense Agency Client

Raj Desai4 days ago4 days ago03 mins

BIO-key International, Inc. completed a rapid biometric IAM solution deployment for an International Defense Agency client in four days. The deployment included several advanced security solutions, illustrating BIO-key’s technological efficiency and capability. Leaders from BIO-key praised the project as a successful example of innovative partnerships for enhanced security. BIO-key International, Inc. has successfully completed a…

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Jamf Acquires Identity Automation for $215 Million to Enhance IAM Solutions

Maya Rodriguez4 days ago4 days ago02 mins

Jamf is acquiring IAM company Identity Automation for $215 million, aiming to integrate identity and device management. Identity Automation specializes in dynamic IAM tailored for sectors experiencing role changes. The acquisition aims to enhance security solutions across multiple industries and streamline user management processes. Jamf, a platform enhancing management and security for Apple devices, is…

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Navigating the Biometric Revolution in Finance

Maya Rodriguez6 days ago6 days ago07 mins

The financial sector is increasingly adopting biometric authentication, moving away from traditional passwords to enhance security and user experience. Methods like fingerprint scanning, facial and voice recognition, and behavioral biometrics provide more secure alternatives. While challenges such as privacy concerns and data management persist, innovations in AI, machine learning, and blockchain are promising for future…

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UK’s Digital Inclusion Action Plan Focuses on Identity Proofing and Accessibility

Sofia Mendez6 days ago6 days ago04 mins

The UK has launched a Digital Inclusion Action Plan to improve digital service access, addressing the needs of 25% of the population with low digital skills. Key initiatives include partnerships for identity proofing, a Digital Inclusion Innovation Fund, and compliance standards for accessibility. The plan also acknowledges user preferences for government or private digital IDs…

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The Evolution of Digital Identity in Financial Services

Maya Rodriguez1 week ago1 week ago06 mins

The article discusses the evolution of digital identity in financial services, noting the importance of continuous innovation to enhance security amid rising fraud and regulatory complexities. It highlights the establishment of digital identity frameworks across jurisdictions, compliance with data privacy regulations, and the role of open banking in transforming financial interactions. The ongoing development of…

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Iris ID to Showcase Next-Gen Biometric Solutions at ISC West 2025

Sofia Mendez1 week ago1 week ago03 mins

Iris ID will demonstrate their innovative biometric identity solutions, including the IrisAccess iA1000 and IrisTime iT100, at ISC West 2025. These products feature advanced iris and facial recognition technologies and are designed for seamless integration into security and time management systems. Iris ID will be showcasing its cutting-edge contactless biometric identity authentication solutions at ISC…

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X-Ray & Biometric Screening Systems: Enhancing Airport Security

Maya Rodriguez1 week ago1 week ago05 mins

This article discusses the benefits and challenges of X-ray and Biometric Screening Systems in enhancing airport security. It outlines market growth predictions and opportunities for improved detection and efficiency. Challenges such as privacy concerns and implementation costs are addressed along with proposed solutions. The airport security screening market is anticipated to grow significantly in response…

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