Have you ever received a puzzle as a gift from a well-intentioned friend? They likely thought something along the lines of, “Hey, this person’s into solving problems — I bet they’d love putting together this bad boy on a rainy day.” The sentiment was spot-on. Puzzles are your thing.
Everyone knows what phishing is. It has been around for more than two decades. Now it seems that phishing is more accessible than before. This blog covers how malicious actors can benefit from the rise of subscription models of phishing, or “Phishing as a Service.”
It is common in India to ask for a driving licence for proof of identification be it for renting a house or giving away a bride, it is the longest-standing ID for Indians after Voter’s ID. By using a digital driving license verification solution, checking driving licence numbers can be done remotely, and only verified customers or users can be allowed access to digital platforms, online services, and secure shared economy services like renting a car or booking a hotel online.
Since the earliest digital days, cyberattackers have targeted identities in their quests for riches, chaos and even revenge. So, what if we could hop into a flux capacitor-equipped DeLorean, hammer-down to 88 mph, and go back in time to better understand how yesterday’s threats influence today’s landscape – and what history can teach us about outpacing adversaries? Today, we do that – and a whole lot more – with a fantastic guest: Theresa Payton.
About ten years ago, a new generation of banks entirely transitioned to digital operations. Neobanks, which are banks that only do business online and have no physical locations, cater to specific consumers’ demands by providing more convenience and reduced transaction costs. However, for these newer, online-first institutions, digital banking fraud can be particularly difficult.
Most companies now recognize the serious and insidious nature of cybersecurity threats. But many fail to grasp that the digital transformation, remote work, automation and cloud migration activities of the last few years have turbocharged the number of identities seeking access to data and critical business systems. This surge in identities has exponentially increased the likelihood of cyberattacks, undercutting the effectiveness of traditional identity and access management (IAM) paradigms.
The efficacy of customer identity verification has increased thanks to digital technology. Validating a bank account is an essential stage in the identity verification process since it verifies the client who is tied to that account. The traditional procedures for validating a bank account involved a lot of paperwork and several bank visits, and they were time-consuming. Financial institutions may now enrol consumers in only a few minutes thanks to the introduction of penny drop verification.
Today, CyberArk announced that our founder and CEO Udi Mokady will step into the role of Executive Chairman and our Chief Operating Officer, Matt Cohen, will become CyberArk’s CEO, effective April 3, 2023. Together, Udi and Matt make a great team and we’re excited for this next chapter in CyberArk’s journey.
EDD is a vital component of the KYC compliance procedure in banking. It comprises gathering information to verify clients’ identities and assess the degree of money laundering risk that each customer poses. As a result, the client requested substantially more details during the EDD process than during the CDD process, because this information might be used to reduce the related risks.
The masked Aadhaar is a variant form of Aadhaar that the Unique Identification Authority of India (UIDAI) developed after taking into account the issue of data privacy for individuals. Read through to know more about what it is.
