ID Dataweb Wins Best Fraud Prevention Solution at the 2024 Benzinga Fintech Awards!
We’re thrilled to announce that ID Dataweb has been awarded the Best Fraud Prevention Solution at the 2024 Benzinga Fintech Awards! This prestigious award celebrates companies that make strides in securing digital identities and protecting users from evolving online threats, and we’re honored to be recognized. Why This Matters As cyber threats become increasingly complex, […]
What is reverification and why is it important for fraud prevention?
Imagine logging into your online banking app only to find a long trail of unauthorized transactions that have drained your checking account. Or consider a healthcare provider inadvertently releasing sensitive medical records to the wrong person. With how much information is digitized today, these scenarios are increasingly likely, underscoring the importance of verifying identities online. […]
ID Dataweb Wins “Security Orchestration Solution of the Year” in 2024 CyberSecurity Breakthrough Awards Program
Prestigious Annual Awards Program Recognizes Outstanding Information Security Products and Companies Around the World LAS VEGAS, Oct. 10, 2024 – ID Dataweb, today announced that it has been named the recipient of the “Security Orchestration Solution of the Year” award in the 8th annual CyberSecurity Breakthrough Awards program. Conducted by CyberSecurity Breakthrough, a leading independent market […]
Lumin Digital Introduces Enhanced Identity Security Protection Solution from ID Dataweb
San Ramon, Calif. — October 15, 2024 — Leading cloud-native digital banking provider Lumin Digital (Lumin) today announced its partnership with ID Dataweb, a leader in cross-channel identity verification. The partnership will enable Lumin’s customers to integrate ID Dataweb’s enhanced identity security and protection solutions into their digital banking platforms provided by Lumin. An identity security platform […]
What is Adaptive Authentication and How Does It Work?
For many organizations today, the vast majority of customer interactions take place online. As services have shifted online, the need to protect sensitive information has grown exponentially. The digital realm is increasingly fraught with dangers. Cyberthreats are evolving at an unprecedented pace, with malicious actors employing ever more sophisticated tactics. Data breaches have become alarmingly […]
Identity Verification: Building Zero-Trust Solutions to Defend Critical Systems
July 15th, 2024 By Mouhamad Mbacke There once was a time when a username and password were the gold standard for online identity security. But as identity-related threats have become more sophisticated, so have identity verification methods. Be it knowledge-based authentication, multi-factor authentication, or biometric authentication, many new identification standards have been adopted to stay […]
How to Detect and Prevent Account Takeover (ATO)
July 10th, 2024 By Matt Cochran and Dave Cox In an Account Takeover (ATO), Cybercriminals exploit stolen login credentials to take over online accounts. Account takeovers can either target people within an organization, allowing hackers to steal sensitive information, or they can target customer accounts, enabling fraudulent transactions. Given that ATO attacks have increased by […]
How to Ensure Identity Verification Uptime
Verifying identities and reducing fraud requires data from a multitude of sources. You need to orchestrate risk and identity signals from telcos, credit bureaus, risk consortiums, and government databases. If the source or connection to any single one of these goes down, the whole house of cards can tumble down. It gets worse if you […]
Fraud’s Achilles Heel: The Contact Center
Gartner has labeled the contact center as Fraud’s Achilles Heel. Fraudsters look to exploit the weakest link in an organization’s security policy. And, according to our partner, Pindrop, almost 2% of all calls into a contact center are spoofed! That sounds like the sort of weak link that fraudsters attack. From our own customers, we […]
