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Person using a phone for multi factor authentication
Stolen credentials remain the leading way attackers gain access to systems, according to the Verizon 2024 Data Breach Investigations Report, and they are the top initial action during breaches. This highlights the vulnerability of relying solely on passwords for security, especially within law enforcement agencies that handle Criminal Justice Information (CJI).
Person using a phone for digital payment
At last year’s Money20/20 USA, we had the opportunity to discuss cardholder expectations in the digital-first world with Juan Carlos Correa, Solutions Engineer at Backbase. An Entrust partner, Backbase is reshaping the banking landscape by prioritizing the cardholder experience, showcasing to banks and credit unions how they can delight their cardholders by offering digital-first payment experiences.
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Synthetic identity fraud is the combination of real identity credentials (e.g. a person’s Social Security number) with false identity information (e.g. a fake name and address) to create a new, fabricated identity. Fraudsters can then use this synthetic identity to apply for credit, make purchases, ...