A new survey of 500 financial executives in the US shows a 17 percent increase in 'synthetic' identity fraud cases over the past two years, with more than a third of professionals reporting a significant surge of 20 to 50 percent.

The study by Wakefield Research for Deduce finds that despite the industry investing in fraud prevention, 52 percent of experts believe that fraudsters are adapting faster than defenses can keep up.

Continue reading →

A new study of IT and security leaders at 567 US-based enterprises finds over over 95 percent of respondents say they are gravely concerned about identity-related threats.

The report from Omada shows 72 percent say their organization's users have unnecessary access and overly permissive accounts.

Continue reading →

It’s no secret that Americans are becoming increasingly concerned about their digital identities.

Take the recent case in Louisiana, where a whopping 6 million public records were exposed as part of a global attack on third-party file transfer app MOVEit. The attack made users more wary of trusting their data to often-obscure third parties. A recent survey, conducted across 1,000 U.S. consumers by Thales found that 44 percent are afraid their identity will be stolen in a cyberattack, and a quarter have no confidence in the protection of their personal data.

Continue reading →

Back in May, when World Password Day was once again in the news, we asked whether the days of the password were numbered.

Rishi Bhargava, co-founder of Descope, agrees that passwords belong to the past. We spoke to him to discover more and find out how new technologies like passkeys are driving the change.

Continue reading →

An organization's identity data today is its linchpin. This invaluable asset binds an enterprise together, orchestrating access rights, establishing a unified and accurate view of users across various channels, and empowering informed security decisions.

However, the identity infrastructure is continuously becoming more complex as businesses expand their digital landscape, bringing more users, devices, and applications within their IT environment. With this increasing complexity, poor data management can engender substantial financial losses and jeopardize sensitive user and customer data.

Continue reading →

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.

Continue reading →

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.

Continue reading →

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.

Continue reading →

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.

Continue reading →

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.

Continue reading →

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.

Continue reading →

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'.

Continue reading →

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).

Continue reading →

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.

Continue reading →

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.

Continue reading →