BOS Center Pvt.Ltd.’s Post

Can you verify your identity just by looking at your phone? Yes, if you’re using OneID®, now certified as a reusable identity provider! Returning users of OneID® can now verify their identity as quickly and securely as they unlock their phone using their face or fingerprint. As a reusable identity provider, OneID®, the fastest identity verification service, is even faster. Learn more about OneID®'s new credentials here: https://hubs.la/Q02D947R0 #ReusableIdentity #IdentityVerification #DigitalIdentity #Innovation

Discover the unique benefits of biometric authentication for the BFSI sector. Learn how Accops is empowering financial institutions to strengthen their security posture, enhancing customer trust. Read more: https://lnkd.in/g5t9FDE6   #SecurityInBFSI #BiometricTechnology #CustomerTrust #SecurewithAccops

#identityandaccessmanagement is no longer just about #productivity ....that was sooooooo 20 year ago ;) Totally agree with you Henrique Bernardes B Teixeira 100% - #accountresets #identityverification & attacks on the full #identitylifecycle will require an orchestrated, consolidated response. All of this will be coupled with further convergence and fusion with --- #IAM + #cybersecurity + #frauddetection (and #fraudprevention ). The #identitysecurity market continues to heat up!

🌐 Trust and security are crucial in financial services, but email poses risks. In this blog, we explore its inadequacies in handling sensitive identification documents. 🔍 Email's Weakness in Identity Verification: Lacks robust encryption, exposing documents to tampering and unauthorised access, risking financial transactions and client trust. 🚀 Nivo Verified Identity Messaging – A Trusted Solution: Nivo’s Verified Identity Messaging (VIM) offers biometric verification and advanced security, ensuring reliable identity authentication. 🔗 Conclusion: Email's limitations jeopardise security in financial services. Discover secure communication alternatives in our blog: https://hubs.ly/Q02Ds32b0 #FinancialServices #CustomerExperience #Communication #Innovation #Fintech #Efficiency #DigitalTransformation #Banks #Banking #CustomerStrategy #DigitalID #BiometricID

In today's digital age, biometric solutions for identity verification offer enhanced security and efficiency, addressing the weaknesses of traditional methods like passwords. Industries such as banking and healthcare are leveraging these technologies to protect sensitive data while ensuring a seamless user experience. #Biometrics #IdentityVerification

In financial services, securing digital identity is more critical than ever. The Secure Technology Alliance’s Identity & Access Forum highlights how digital IDs are emerging as a key solution for mitigating these fraud risks, and can transform the industry. With features like cryptographic security, these tools help improve customer experience and streamline compliance. It’s an exciting step toward a more secure digital landscape for banks and their customers. https://lnkd.in/e8__fPrB

Moneygram discovered the attack on Sept. 27, after which it shut down its IT systems. The attack was officially confirmed on Oct. 7, when the company admitted that the attackers had access to its network even earlier, between Sept. 20 and 22, 2024 in which the threat actors stole a variety of sensitive customer data, including: Names Phone Numbers Email Addresses Postal Addresses Utility Bills State ID Cards Social Security Numbers Transaction Data According to the report, the attackers gained access through a social engineering attack on the MoneyGram IT help desk in which the attackers posed as employees. Once they gained access to the network, the threat actors' first target was Microsoft Windows Active Directory services to steal employee information. #socialengineering #initialaccess #enumeration #privilegeescalation #pii #mssp #vciso #coe https://lnkd.in/eKUdwk2F

Adopting an identity verification method can cut 60% of call centre operation costs. This is according to a recent Liminal paper on Customer Authentication made public by Curity. MNOs and MVNOs can use ID document chips to make number porting self-service. The benefits go beyond cutting on call centre payroll. It's also a matter of preserving brands and customers from the damage cause by #simswap. #Deepfakes don't have chips.

The financial impact of fraudulent activities in the telecommunications sector is substantial, with the average cost per incident around $260,000. Alarmingly, 26% of businesses report losses exceeding $500,000. The Minister of Justice has even mandated that network operators enhance their fraud prevention measures by securing the data of FICA and RICA subscribers of SIM cards in South Africa. iiDENTIFii’s face biometrics solution provides a safe, accurate, and effective approach that enhances security, reduces costs, and aligns with government mandates. Some of the benefits of Implementing iiDENTIFii face authentication for telcos are: - Secure SIM swaps: Adds an extra layer of security to SIM swap processes. - Comprehensive data management: Builds a detailed database of subscribers across all segments. - Enhanced authentication: Decreases the risk of fraud and unauthorised access to sensitive account information. - Cost efficiency: Reduces costs by decreasing the volume of unproductive calls to customer service centres. - Integrated solutions: Offers further integration through an API with banking systems, reducing criminal activity. For personalised advice tailored to your business, click the link below: https://hubs.li/Q02vQwdd0 #iiDENTIFii #biometricauthentication #telcosecurity #4Dliveness #IDV