Security News
Windows Hello is a feature in Windows 10 that allows users to authenticate themselves without a password, using a PIN code or biometric identity-either a fingerprint or facial recognition-to access a device or machine. The Windows Hello bypass vulnerability, tracked as CVE-2021-34466, requires an attacker to have physical access to a device to exploit it, according to researchers at CyberArk Labs who discovered the flaw in March.
Thales announces a new voice biometric solution which is part of Thales Trusted Digital Identity Service Platform for onboarding and authentication. It meets the growing demand from mobile operator call centres to fight identity fraud whilst providing a seamless customer experience.
Auth0 announced the launch of Auth0 WebAuthn Passwordless, an authentication feature that enables end-users to seamlessly log in with a biometric identifier - such as facial recognition or a fingerprint - as a convenient and secure alternative to a traditional password. Removing the need for long, complex passwords, Auth0 WebAuthn Passwordless provides a frictionless experience for end-users, while reducing the significant password management burden for companies.
Kensington introduced two new cross-platform solutions that feature the latest in biometric authentication, enabling secure biometric authentication in the office, at home, or abroad, on services that include Google, Facebook, Microsoft, and more, on any operating system. VeriMark Guard USB-C Fingerprint Key and VeriMark Guard USB-A Fingerprint Key offer an easy-to-use, highly-reliable authentication solution that greatly enhances security, convenience, and privacy for consumers and business users.
This includes things like "Faceprints and voiceprints," the policy explained. Reached for comment, TikTok could not confirm what product developments necessitated the addition of biometric data to its list of disclosures about the information it automatically collects from users, but said it would ask for consent in the case such data collection practices began.
Amid the COVID-19 crisis, the global market for biometrics for banking and financial services estimated at $4.4 billion in the year 2020, is projected to reach a revised size of $8.9 billion by 2026, growing at a CAGR of 12.8% over the analysis period, according to Global Industry Analysts. This segment currently accounts for a 22.8% share of the global biometrics for banking and financial services market.
The policy change, first spotted by TechCrunch, went into effect on June 2. TikTok users who reside in the European Economic Area, the U.K., Switzerland, and other geographies where the service operates are exempted from the changes.
LoginID announced additional investment from Visa on the heels of its $6M seed round from veteran payment and fintech entrepreneurs. Visa recognizes that strong authentication solutions from companies like LoginID help promote its vision to improve integrity around payments - both reducing fraud and helping merchants meet global regulatory and compliance demands.
The investment aligns with HID Global's strategic direction to embed facial recognition into solutions for a seamless and highly secure user experience in a variety of identity verification and authentication applications, including access control. "In partnership, HID and Paravision have already cooperated on projects and we look forward to further advancing our collaboration across a number of different markets and use cases," said Björn Lidefelt, EVP and Head of HID Global.
Let's explore a few scenarios and how AI and biometrics can help uncover and fight fraud. Without an AI-powered fraud prevention platform and biometric authentication, this type of fraud could easily go unnoticed.