Majority of Brits are concerned about their digital identity and take steps to protect it
A new study of over 1,200 members of the UK public shows that 72 percent of respondents say they are concerned about the privacy of their digital identity, while 75 percent are concerned that the mobile apps they have are utilizing data to track their online and, sometimes, offline activity.
Perhaps more significant though is that 81 percent of people have bothered to read the small print and then decided to actively deny the permissions that an app is hoping to be given.
Solving the UK's digital identity dilemma
Earlier this year, a report was published in the UK with the aim of tackling the UK’s productivity and innovation crisis. Tony Blair and Lord William Hague are fronting the recommendations made, with a particular view to encourage the widespread adoption of digital ID cards. This has driven a discussion around the general public’s distrust towards government-controlled data schemes.
What’s interesting is that much of the UK population probably don’t realize just how many government IDs they already have; think tax returns, benefits, council payments and, of course, driving licenses. But even so, does this mean the UK is ready for a formal digital identity card? Many are more than happy to keep these various forms of ID in a disjointed manner, despite the inconvenience and inefficiency. Yet, the key issue here is trust, and the public needs to believe there is no overreach when they log in to a service.
Think you can spot a deepfake? Think again
A new study from Jumio reveals that 52 percent of global respondents believe they could successfully detect a deepfake video.
However, the report's authors believe this reflects over-confidence on the part of consumers, given the reality that deepfakes have reached a level of sophistication that prevents detection by the naked eye.
Deepfakes become the leading form of fraud
New research from verification platform Sumsub shows that the proportion of deepfakes in North America more than doubled from 2022 to Q1 2023.
The proportion of deepfakes jumped from 0.2 percent to 2.6 percent in the US and from 0.1 percent to 4.6 percent in Canada, respectively. Simultaneously, printed forgeries, which represented four to five percent of all fraud in 2022, dropped to zero percent in the last quarter.
90 percent of organizations have had identity-related incidents in the past year
In the last 12 months, 90 percent of organizations have suffered an identity-related incident, an increase of six percent over the previous year.
A new report, based on an online survey of over 500 identity and security professionals, from The Identity Defined Security Alliance, shows that only 49 percent of respondents say that their leadership teams understand identity and security risks and proactively invest in protection before suffering an incident, while 29 percent only engage and support after an incident.
How likely are you to be a victim of identity theft?
It's human nature to have an, 'it can't happen to me' approach to life's mishaps, whether it's being involved in a traffic accident or falling victim to cybercrime.
But of course these things do happen to someone. When it comes to identity theft, Home Security Heroes has taken a more scientific approach to determining how likely you really are to become a victim.
Stolen credentials and the rise of the 'traffers'
Even as we move towards passwordless authentication methods, stolen credentials remain a major problem for businesses.
A new report from cyber risk management company Outpost24 highlights the increasing professionalization of the market for stolen credentials thanks to the rise of what are known as 'traffers'.
Okta launches identity verification for Zoom users
Many organizations have come to rely on Zoom as a means of connecting employees and customers in a hybrid environment.
But this comes with challenges when it comes to keeping meetings secure without harming productivity. Identity management platform Okta is launching a new identity verification feature that will authenticate Zoom meeting attendees in End-to-End Encryption (E2EE).
Consumers turn to biometrics as they struggle to remember passwords
People are struggling to recall an ever-growing number of passwords, with 51 percent of respondents to a new study by Entrust saying they reset a password at least once a month because they can't remember it.
Even more alarming, 15 percent of users who responded reset passwords at least once a week. It's no surprise then that given the option between biometrics or a password, 74 percent of respondents will choose biometrics half the time or more and a third will always choose biometrics when available.
New Radiant Logic solution improves identity decision making
Enterprises need real-time access to lots of data, but it's important that access to that data is properly controlled.
Radiant Logic is launching a new data intelligence offering that offers identity observability and visualization capabilities, all built on an extensible API-layer and available as a SaaS offering.
Making zero trust a reality in 2023: why identity-first security will be a 'must have'
In today’s mobile and cloud-first world, zero trust has become a key requirement for organizations looking to secure the digital infrastructures where their applications, data, users and devices reside.
There’s little doubt that COVID-19 changed the rules of the game where enterprise security is concerned. Historically, security models were based on 'castle and moat' style architectures where the enterprise’s network and data center were guarded by firewalls on the perimeter. When users left the 'trusted' enterprise network, VPNs were used to extend the enterprise network to them.
Enterprises plan to spend more on identity verification
A new report shows that 91 percent of organizations in the financial services, technology, telecoms, and aviation sectors worldwide intend to increase their spending on identity verification solutions in the next one to three years.
The report from Regula says 17 percent of businesses intend is to dedicate 11-20 percent of their IT budget annually to IDV solutions, with 15 percent of businesses opting for 21-30 percent.
Enterprises wasting investment on identity management solutions
According to a new study 70 percent of companies report they're paying for identity tools they're not actively using.
The research from OneIdentity, which surveyed over 1,000 IT security professionals, shows 96 percent of companies are using multiple identity management tools, with 41 percent deploying at least 25 different systems to manage access rights.
ID fraud levels still high despite post-pandemic drop
A Freedom of Information request by identity verification company ID-Pal reveals that complaints to the Financial Ombudsman Service in the UK regarding identity fraud soared over the COVID-19 pandemic, finishing 2020 at 44 percent higher than 2019.
Even as the pandemic came to an end numbers in 2021 were still over 18 percent higher than pre-pandemic levels in 2019. Figures so far this year suggest that if identity fraud continues at the same pace, 2022 will see a 10 percent increase in complaints compared to 2021.
How digital IDs are set to shake up the way we access services [Q&A]
Around the world governments are increasingly keen on introducing digital identity systems for their citizens. These are seen as a secure way for people to access government and other services as these move online.
We spoke with Philipp Pointner, chief of digital identity at Jumio, to find out more about digital ID and its implications for security and privacy.
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