This week Akamai Technologies released its Q4 2014 State of the Internet Report . Section 1 of the report focuses on security and details escalating, advanced attacks. Phishing, for instance, is a form of fraud that involves defrauding an online account holder of financial information by posing as a legitimate company.
To help prevent fraudsters from compromising online banking accounts and, for example, wiring a victim’s funds to a third-party account, the report emphasizes user awareness. An excerpt:
Because end users are the target of these attacks, training and education are needed to help them identify suspected phishing attacks…Users should not respond to e-mail requests with sensitive information and should contact their financial institutions with questions about suspicious banking emails. It’s a good idea to browse directly to a financial institution instead of clicking a link.
Banks, credit unions and prepaid companies can help thwart online account break-ins and wrongful transactions, too. Enacomm Voice Authentication (EVA) utilizes voice biometrics technology to protect financial institutions, customers and members, fulfilling Federal Financial Institutions Examination Council (FFIEC) guidance. Click here to learn more. Enacomm’s team is available to help with questions about EVA – call 1-877-860-0025 or email email@example.com.
Opus Research this month released the second part of its Enterprise Series, “Best Practices for Voice Biometrics in the Enterprise”. The new report examines best practices for using voice biometrics for simple secure authentication in the enterprise across mobile, IVR, and contact centers. For more information, visit the Opus Research blog.
Last week, Cisco released its “Visual Networking Index: Global Mobile Data Traffic Forecast Update, 2014–2019”. According to the study, in 2014, smart devices and connections – those having advanced computing and multimedia capabilities with a minimum of 3G connectivity – made up 72% of wireless devices in North America that are accessing mobile networks. By 2019, that number is projected to reach 89%.
Recently, in an interview with Arlene Hauben of The Prepaid Press, Enacomm CEO Mike Boukadakis explained that, with the advent of smartphones, we should expect to see more biometrics technology being employed. “Now we have a vehicle to implement dual mode authentication,” he said. To read the full article, go here.
What does it all mean? Smart devices are making biometric authentication a reality.