Digital Identity Blog

Thought leadership for cybersecurity, fraud and digital channel professionals

Featured Blogs and Insights from Cybersecurity Experts

Accelerating Policy Processing While Bolstering Insurance Fraud Prevention

Established insurers and insuretech startups have adopted technologies to offer instant policy quotes and rapid claims processing in an effort to attract and retain today’s digital consumer. However, the same technologies that make it faster and easier to sign up for insurance or submit a claim make it shockingly easy for fraudsters and organized fraud…

read more
Frank Teruel
By Frank Teruel Posted

Charitable Organizations Emerge as a Target for Cybercriminals

Even experienced cybercriminals need a little practice every now and then to keep their skills sharp or to master a new scheme. Lately, it seems as if charitable organizations have become their practice field. So, why are cybercriminals focusing on charitable organizations? While money is always a factor, it could be the very nature of…

read more
Vanita Pandey
By Vanita Pandey Posted

Move Fraud Detection to the Point of Sale

According to the FBI, the total cost of insurance fraud (not including health insurance) is estimated to be more than $40 billion per year. That means insurance fraud costs the average U.S. family between $400 and $700 per year in the form of increased premiums. Insurance companies are well aware of this. They have been…

read more
Andreas Baumhof
By Andreas Baumhof Posted

Fraud, Friction and Digital Transformation

The banking industry’s digital revolution is already well underway. For established institutions, it is no longer a matter of “if” they’ll have to undertake a digital transformation. It is a matter of “when” … and the “when” is now! For those just starting their digital transformation, and even those who have already started, recent research…

read more
Armen Najarian
By Armen Najarian Posted

Identity Spoofing is No Joke in the Insurance Industry

When it comes to identity fraud, the term “spoofing” doesn’t quite capture the menace, now does it? More akin to a prank or a hoax, the dictionary definition of “spoof” is “a trick played on someone as a joke.” But, for insurers, contending with the damage done by identity fraud is anything but a joke….

read more
Vanita Pandey
By Vanita Pandey Posted

Digital Identity and the Currency of Trust

Today marks the opening day of the Digital Identity Summit APAC 2017 in Hong Kong. It is a showcase of the best regional talent and thought leaders in fraud and security. We have gathered to discuss the digital economy as a key driving force in business as well as what industry leaders are doing and…

read more
Armen Najarian
By Armen Najarian Posted

Busting Ghost Brokers to Prevent Underwriting Fraud

An endless stream of TV commercials for companies, such as Geico, State Farm, Allstate and others, will tell you how easy it is to save money on insurance when purchasing a policy online. However, the digital channels that make it so easy for consumers to save money are also making it easier for a different type…

read more
Armen Najarian
By Armen Najarian Posted

Cybercrime Report Spotlights Fraudsters’ New Paradise

Ski buffs and sun worshipers aren’t the only ones looking for online steals from popular travel brands these days. According to the ThreatMetrix Q4 2016 Cybercrime Report: Travel and Entertainment Industry Deep Drive, a growing number of fraudsters are also looking for their own kind of “steals.” Everything from payment fraud, loyalty scams, bot attacks,…

read more
Armen Najarian
By Armen Najarian Posted

Five Insurance Fraud Prevention Trends for 2017

In the insurance industry, increased competition, an uncertain regulatory environment, pricing pressures and disruptive new technologies will accelerate the race for new efficiencies and innovations. But, those same innovations open up new avenues for cybercriminals to commit the kind of fraud that can seriously damage brand reputation and have a lasting impact on revenue and…

read more
Armen Najarian
By Armen Najarian Posted

Increased Mobile Device Security Doesn’t Mean
Increased Friction

Who says that reducing fraud means increasing friction during mobile transactions? Unfortunately, this is a common perception among companies and consumers. Financial services companies and other similar organizations want to increase the security of their mobile apps and offerings to meet the demands of today’s digital consumer. While 61 percent of Millennials say mobile is…

read more
Andreas Baumhof
By Andreas Baumhof Posted
1 2 3 76
Schedule A Demo Today
Schedule A Demo