Security News
Spending on digital identity verification by businesses will reach $16.7 billion in 2026, from $9.4 billion in 2021, Juniper Research finds. Digital identity verification is where identity is checked using digitally verifiable elements, such as selfie scans, address checks and knowledge-based authentication.
Western Digital announced its second-generation UFS 3.1 storage solution for 5G smartphones. The new Western Digital iNAND MC EU551 delivers the high-performance storage consumers need to be able to use their phones for emerging applications like ultra-high-resolution cameras, AR/VR, gaming and 8K video.
Of note, participants in this Series B investment round-as well as previous and existing Securitize investors-will receive their shares in the form of digital asset securities issued by Securitize's platform. "Securitize developed incredible partners during our Series A round last year, both in venture capital and at major European and Japanese financial institutions. That they have been joined in our Series B by a major U.S. investment bank and the largest trust bank in Japan, as well as additional top VCs, demonstrates that confidence in the adoption of digital asset securities is increasingly mainstream," said Securitize CEO and co-founder Carlos Domingo.
LexisNexis Financial Crime Digital Intelligence is a new solution that leverages digital identity data to transform financial crime compliance workflows. LexisNexis Financial Crime Digital Intelligence provides a dedicated and customized workspace including purpose-built financial crime compliance capabilities such as access to additional sanctions risk features, storage capacity and user role configuration.
Auth0 launched a report which highlights key areas of concern for security professionals responsible for managing digital identities, including the exponential rise of credential stuffing attacks, fraudulent registrations, and the widespread use of breached credentials. The primary goal of cybercriminal activity is to access critical resources, systems, and personal data, yet systems that can be put into place to minimize the risk of attack - like identity management - often get deprioritized.
International non-governmental organisation Human Rights Watch released a report Wednesday describing digital sex crime in South Korea as rampant and pervasive, with the nation leading the world in use of spycams to capture women in vulnerable moments. The 105-page report, [PDF] authored by Heather Barr, is based on interviews with 38 women and an online survey.
Based on a survey of more than 20,000 people around the world, the study on the security "Side effects" of the pandemic also found that growing preferences for digital convenience are leading to lax security habits among users. Convenience outweighs security and privacy: More than half of millennials said they would rather place an order digitally vs. call or go to a physical location in person-even if there were concerns about the app/website security or privacy.
Cyber criminals looking for a quick payout and valuables are targeting digital artists using NFTs, warns security researcher Bart Blaze. The various tricks criminals use for targeting digital artists.
TeamViewer announced a new partnership with SAP. The companies are joining forces to drive the digital transformation of workplaces and processes in industrial environments. It includes a technical integration of TeamViewer Frontline, an Augmented Reality based workflow and remote support suite for deskless workers, into SAP´s solutions for asset and service management as well as a joint go-to-market strategy with TeamViewer joining SAP's partner program.
Cybercriminals continue to capitalize on the hysteria and worry caused by COVID-19, both in the physical sphere and digital ecosystem, exploiting the significant global unmet demand for vaccines. Over the past year, my firm has continuously monitored the surface, deep, and dark web for malicious activity related to COVID-19, witnessing a trend in the manipulation of the digital ecosystem for commercial gain or other malicious ends related to the topic of vaccines.