The iProov Threat Intelligence Report 2024 describes how technologies have accelerated the digital arms race between threat actors and those who stop them.
The importance of liveness detection was one positive development arising from the COVID-19 pandemic. It’s an essential feature of a biometric-based security strategy, iProov chief product and innovation officer Joe Palmer said.
While statistics vary year by year, there was a 79 percent increase in document fraud in 2022. Such a number doesn't come as a surprise to Inscribe fraud analyst Daragh McMeel. A rise in fraud rates often occurs when the economy travels an uncertain and difficult path.
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Organized crime groups are exploiting gaps in detection technology to orchestrate financial fraud on a massive level simultaneously across multiple businesses and geographies. The result? Actual fraud rates are multiple times higher than reported
While many security companies can make a strong lock for your front door, DataVisor co-founder and CEO Yinglian Xie said focusing on every area of the house is a much more effective strategy.