Trust Stamp Secures Patent for Enhanced Biometric Interoperability Framework

Trust Stamp has secured a patent for its “Interoperable Biometric Representation” framework, designed to improve privacy and security while addressing interoperability issues in biometric data. The framework converts biometric data into a universal format, enabling seamless integration across different vendor systems without compromising user privacy. This advancement aims to eliminate problems associated with vendor lock-in,…

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2024 Identity Fraud Report: The Rise of Fraud-as-a-Service and AI-Driven Tactics

The 2024 Identity Fraud Report by Au10tix reveals that fraud-as-a-service (FaaS) has allowed novice fraudsters to launch major cyber-attacks using accessible tools. Key findings include a significant rise in social media-targeted fraud and the need for advanced fraud prevention strategies. The report emphasizes the evolving landscape of identity fraud driven by AI technologies and suggests…

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