News

Fire News: Face, Iris and Pulse Sensors on the Fast Track For The Next Steps Biometrics Security

June 1, 2018 -- A new report has been released detailing the next steps of online authenticationRyan Wilk, VP at NuData, comments on an article issued yesterday by Fire News disclosing that a new report, released earlier this week by ABI Research says that face and iris scanners will outpace fingerprint readers as a security measure.[quote]The authentication market is in an innovation race to develop convenient, easy ways to verify people online, as cybercriminals have subverted all the static identifiers

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Infosecurity Magazine: Face, Iris and Pulse Biometrics Close in on Fingerprint Tech

June 1, 2018 -- These varied biometric authentication systems will increasingly eat away at the market share of fingerprint technologies, according to a new reportRyan Wilk, VP at NuData, comments on an article issued yesterday by Infosecurity Magazine disclosing that ABI Research claimed in its Biometric Technologies and Applications report that the falling cost of iris recognition will spur uptake, while facial recognition continues to improve in accuracy thanks to advanced machine learning algorithms.[quote]One thing that does not change is

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isBuzz News: Synthetic Identity Fraud

May 29, 2018 -- In 2017 there were 800-million dollars in losses from Synthetic identity fraud in credit cards aloneRobert Capps, VP at NuData, comments on a report issued yesterday by Information Security Buzz News featuring synthetic identity fraud estimates by Julie Conroy, an analyst with the Aite Group. She believes this form of fraud will skyrocket to 1.2 Billion by 2020.[quote]The nine billion personal records stolen over the last few years have fueled the synthetic identity fraud market with

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The Green Sheet: Congress strengthens fraud protections, rolls back Dodd-Frank regs

May 25, 2018 -- A broad set of anti-fraud measures with bipartisan support from the U.S. Senate and House of Representatives was signed into law on May 24, 2018.Robert Capps, VP at NuData, comments on a report issued yesterday by The Green Sheet disclosing that The Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2115) seeks to mitigate synthetic identity fraud, which involves criminal use of stolen Social Security numbers (SSNs) to secure loans and lines of credit. It

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isBuzz News: Measures To Help Thwart Synthetic ID Fraud Passed By Congress (Banking Bill)

May 25, 2018 -- Congress last night passed anti-fraud measures in the Economic Growth, Regulatory Relief and Consumer Protection Act to help prevent synthetic identity fraud.Robert Capps, VP at NuData, comments on a report issued yesterday by Information Security Buzz News disclosing that Section 215 of the act calls on the Social Security Administration to provide banks with an electronic system to check the name and date of birth linked to a given Social Security number, with results typically available

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