This presentation intends to underline and correlate how Speech Recognition and Voice Biometrics can unearth and prevent online fraud while ensuring regulatory compliance during customer interactions.
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These infographics are based on independent survey of 5,000 people in 10 countries carried out for FICO in February 2020. This is for Malaysia.
The statistics include:
1.Why Passwords don't work
2.Biometric acceptance
Internet threats and its effect on E-commerceVipin Subhash
This is a highlight how internet threats are impacting the digital economy and how a new industry came to light and provided jobs to millions of people.
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2.Biometric acceptance
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This is a highlight how internet threats are impacting the digital economy and how a new industry came to light and provided jobs to millions of people.
IJRET : International Journal of Research in Engineering and Technology is an international peer reviewed, online journal published by eSAT Publishing House for the enhancement of research in various disciplines of Engineering and Technology. The aim and scope of the journal is to provide an academic medium and an important reference for the advancement and dissemination of research results that support high-level learning, teaching and research in the fields of Engineering and Technology. We bring together Scientists, Academician, Field Engineers, Scholars and Students of related fields of Engineering and Technology.
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The financial services industry, like most businesses and consumers, has become dependent on mobile communications as a way to conduct business, manage customer information, exchange data, and work with customers. Due to its convenience, speed and ease, the electronic form of money has gained tremendous popularity among ordinary people and businesses
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The Cybercriminal Approach to Mobile Fraud: Now They’re Getting SeriousIBM Security
Mobile devices have been targeted by cybercriminals for over seven years now. However, in 2014 things got serious. Cybercriminals realized that a major portion of eCommerce and online banking is moving to the mobile space, and with that companies are giving clients more options for larger transactions, and actions that were previously only performed on PCs. New PC grade malware appeared on mobile devices, some old PC tricks were transformed for mobile, and new mobile specific threats emerged. In this session we will analyze these threats using multiple customer case studies and Trusteer’s security team research data. We also take a look at the latest mobile threats, threats in development and mitigation tactics.
The importance of being human-centric instead of techno-centric is now fundamentally assessed in the context of secure digital identity for the financial services landscape.
Forward-looking banks and financial institutions are increasingly responding with resources and investments that deliver NEC’s state-of-the-art authentication methods
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Presentation given at the lunch-time workshop for IT experts and developers as part of the dissemination activities of the project PIDaaS (Private Identity as a Service)
The legal sector has been identified as a top target for cyber criminals and cyber attacks. Discover what the key threats and the type of attacks are of threat to law firms in our quick slide share.
Since the advent of the Internet, cybersecurity has been handed new challenges due to the massively expanded accessibility and interconnectedness of the web. Where once security was considered to be dealt with in a multi-layered manner, now those layers are so fuzzy and expanded as to no longer exist.
By United Security Providers
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https://www.tycoonstory.com/resource/5-best-identity-verification-software-to-look-into-in-2022/
The dire need of competent cybersecurity solution providers has made us look for, “The 10 Most Trusted Cyber Security Solution Providers, 2018.” On our cover page we have DERMALOG Identification Systems GmbH, which is an expanding company based in Hamburg with additional offices in Malaysia and Singapore, as a result of strong growth in the region.
Top 10 leading fraud detection and prevention solution providersMerry D'souza
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Cyber security leaders focused on fraud prevention are concerned with fraud losses within organizational risk tolerances and thus want to detect fraud as it happens
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IJRET : International Journal of Research in Engineering and Technology is an international peer reviewed, online journal published by eSAT Publishing House for the enhancement of research in various disciplines of Engineering and Technology. The aim and scope of the journal is to provide an academic medium and an important reference for the advancement and dissemination of research results that support high-level learning, teaching and research in the fields of Engineering and Technology. We bring together Scientists, Academician, Field Engineers, Scholars and Students of related fields of Engineering and Technology.
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Mobile devices have been targeted by cybercriminals for over seven years now. However, in 2014 things got serious. Cybercriminals realized that a major portion of eCommerce and online banking is moving to the mobile space, and with that companies are giving clients more options for larger transactions, and actions that were previously only performed on PCs. New PC grade malware appeared on mobile devices, some old PC tricks were transformed for mobile, and new mobile specific threats emerged. In this session we will analyze these threats using multiple customer case studies and Trusteer’s security team research data. We also take a look at the latest mobile threats, threats in development and mitigation tactics.
The importance of being human-centric instead of techno-centric is now fundamentally assessed in the context of secure digital identity for the financial services landscape.
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Presentation given at the lunch-time workshop for IT experts and developers as part of the dissemination activities of the project PIDaaS (Private Identity as a Service)
The legal sector has been identified as a top target for cyber criminals and cyber attacks. Discover what the key threats and the type of attacks are of threat to law firms in our quick slide share.
Since the advent of the Internet, cybersecurity has been handed new challenges due to the massively expanded accessibility and interconnectedness of the web. Where once security was considered to be dealt with in a multi-layered manner, now those layers are so fuzzy and expanded as to no longer exist.
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5 Best Identity Verification Software to Look Into in 2022.docxSameerShaik43
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https://www.tycoonstory.com/resource/5-best-identity-verification-software-to-look-into-in-2022/
The dire need of competent cybersecurity solution providers has made us look for, “The 10 Most Trusted Cyber Security Solution Providers, 2018.” On our cover page we have DERMALOG Identification Systems GmbH, which is an expanding company based in Hamburg with additional offices in Malaysia and Singapore, as a result of strong growth in the region.
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What All You Need To Know About Multi-Factor Authentication & IVR in Banking!Caroline Johnson
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What are top 7 cyber security trends for 2020TestingXperts
Top 7 Cybersecurity Trends to Look Out For in 2020. Data Breaches as the Top Cyberthreat. The Cybersecurity Skills Gap. Cloud Security Issues. Automation and Integration in Cybersecurity. A Growing Awareness of the Importance of Cybersecurity. Mobile Devices as a Major Cybersecurity Risk.
The Essence of Online ID Verification for Enhanced User Authentication.pdfIDMERIT IDMERIT
The significance of a robust identity verification process cannot be overstated while businesses are struggling to deal with online frauds & thefts. The online transactions are growing continuously, ensuring safe and trusted user authentication becomes a mandatory concern for businesses and service providers. One key solution that takes center stage in this endeavor is online ID verification.
https://www.idmerit.com/blog/the-essence-of-online-id-verification-for-enhanced-user-authentication/
Why is cyber security a disruption in the digital economyMark Albala
As we enter the digital economy, companies will quickly realize that the differentiator in the digital economy is information and information being a valuable resource is subject to theft, hacking, phishing and a host of other issues which compromise a company’s ability to participate in the digital economy. Cybersecurity misfires compromise the trust of buyers and partners necessary to participate in the digital economy. It is up to every company to ensure that the information shared with them is protected to the best of their ability and proactively notify persons and organizations who entrust their information necessary to transact business (any personal identity information including but not limited to addresses, credit card information, social security numbers, account information, credit information, medical records, etc.) with any potential compromises which can yield harm to them by that information either being used maliciously or shared with others.
The digital economy is different than other versions of commerce because in the digital economy, information is the lifeblood of digital commerce that passes through the hands of many platforms involved in a digital event. Each of these platforms are an opportunity to wreak havoc on your well-intended but incomplete intents to protect the information contained within the network you control. In the digital economy, it is not only the network you control, but the platforms that touch the personal data entrusted to you as a means of enabling digital commerce, and several techniques have begun to emerge to protect personal information contained within your information domain and the domain of platforms participating in digital commerce.
Because the life blood of the digital economy is information, information hacked in the digital economy is akin to shrinkage in the legacy economy. Both are means to directly attack your bottom line, whether it is redirecting customers elsewhere because they don’t trust your privacy program, ransomware which makes your site or one of your partner platform sites dangerous to use or some other reason which challenges your ability to participate in the digital economy. Shrinking the potential market share because of information safety and security challenges is a disruption, making cyber-security a disruptive activity, particularly if it is not dealt with swiftly.
If your cyber-security program is focused entirely on protecting the information housed in your four walls, you have exposed yourself to problems you will have difficulty in identifying both the source and the entry point of these issues.
How AI is impacting digital identity security.pdfVLink Inc
AI is revolutionizing digital identity security by enhancing authentication methods, detecting anomalies, and preventing fraud with its ability to analyze vast data sets and recognize patterns accurately.
Website : https://vlinkinc-my.sharepoint.com/:w:/g/personal/vipul_bhardwaj_vlinkinfo_com/EaQPA2UFPuxKomhOXisVC40Bmj4Jvbu6Zx5XRvmCfNJMSQ?e=cjJXCt
With this presentation by CXO 2.0 Conference, explore the cutting-edge strategies for enterprise fraud prevention and scam detection. Learn about the latest techniques, technologies, and best practices to safeguard your business against evolving fraudulent activities. Gain valuable insights into staying ahead of scammers and protecting your organization's assets.
8Cyber security courses in Bangladesh.docxArindamGhosal6
Mitisol is the perfect solution for Cyber security and risk management, Cyber security and risk management, Cyber Security Company in Dhaka, Bangladesh.
We are the best instutute for Cyber security courses, Cyber Security Course Training, Advanced Cyber security courses in Dhaka, Bangladesh. So keep visiting our websites to get update on regular basis.
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Mitisol is the perfect solution for Cyber security and risk management, Cyber security and risk management, Cyber Security Company in Dhaka, Bangladesh.
We are the best instutute for Cyber security courses, Cyber Security Course Training, Advanced Cyber security courses in Dhaka, Bangladesh. So keep visiting our websites to get update on regular basis.
Intelligence-Driven Fraud Prevention
This RSA white paper discusses the need for new, intelligence-based approaches to manage fraud across digital channels.
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Ready to ditch passwords? Passwordless authentication is gaining popularity and can reduce risk and increase efficiency.
Choose a system based on your security needs and consider integration with existing systems.
This white paper examines the need for strong authentication and explores the return on investment that can be realized in order to help organizations move toward more effective security.
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Cybersecurity has been the major area of concern throughout 2022 and now 2023 is all set to witness a new version of cyber-attacks with advanced technologies.
10 Most Trusted Authentication Solution Providers of 2023.pdfCIO Look Magazine
This edition features The Most Trusted Authentication Solution Providers that are at the forefront of leading us into a digital future
Read More: https://ciolook.com/10-most-trusted-authentication-solution-providers-of-2023-may2023/
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2. Global cybersecurity market
to post searing growth, says
Cybersecurity Ventures
India to outpace global market
on CAGR basis, says Data
Security Council of India
$3.5B
$120B
$209B
2017 2021
Global
cybersecurity
market
$4B
India
cybersecurity
market
2004 2017
$35B
2025
3. Hackers today not only attempt to breach enterprise
data but also target individual users
Speech Recognition and Voice Biometrics, if deployed
by enterprises, can add a second layer of
security against fraud and data theft
5. Frauds committed using technological tools over the
internet come under the ambit of Online Fraud.
Online Fraud
6. Online frauds refer to any fraudulent plan
or scheme that uses…
Websites, Social media, chat rooms, email,
or any other internet-based means
… to defraud an individual or organization via fraudulent
solicitations or fraudulent transactions.
9. TYPES OF
ONLINE
FRAUDS
Spam: Emails from unidentified sources that offer fake
offerings and install a virus or bug in the system when
opened
Identity theft: Situations where scammers or fraudsters
try to steal your digital information and impersonate you
Phishing: Attacks where emails seek sensitive personal
information like credit card details or banking passwords
posing as a genuine communique from your bank
Vishing: Attacks that involve a phone call from crooks
seeking financial details by tricking unsuspecting users
Online frauds: Attacks via web links, URL redirects, pop-
ups, email links, IP spoofing, etc. which are usually
lottery frauds or “friend in distress” frauds
12. Technology is as much a foe as it’s a friend
Scammers and
fraudsters
Cyber attacks and
illegal activities
Loopholes in
the system
TO
MISUSE
TO CARRY
OUT
Potent
tools
USE
13. Pagejacking to
develop illegal
clones
Tricking internet
engines to list
fake websites
Malware to overrule
security layers and
perform fraudulent
transactionsTracking online trail of
individuals to detect
physical location
Social media security
breaches to conduct
data / identity theft
How fraudsters are misusing technology
In the digital world
16. 1
TRUST
EROSION
Insecure online
transactions
Inability to build
Consumer trust
Loss of
credibility
Adopt new
technology
Add new
Security layers
Build long term
consumer trust
Barclays one of the first multinational
banks to launch a TV ad campaign on fraud
awareness to boost trust in its brand.
IMPACT
17. Unauthorised
access to
consumer data
Legal
complications
Brand
devaluation
Post unearthing of a financial fraud where
2 million false accounts were opened in
real customers’ names over 5 years, Wells
Fargo not only had to pay a $185 million
fine for its inaction but also saw its brand
value hit an all-time low.
2
BRAND
DEVALUATION
IMPACT
19. Statutory and in-house
compliance process can
safeguard enterprises from
legal complications.
For example, a bank
spreading consumer
awareness about its legal
obligations can help
avoid legal hassles.
20. Compliance essential for any major
call center operation
For example, if a contact center of a financial
organization is seeking financial details like credit
or debit card payments over the phone, it needs
to be compliant with Payment Card Industry
Data Security Standards (PCI-DSS).
22. With contact center fraud on the rise, enterprises are using
smarter preventive solutions like Speech Recognition and Voice
Biometrics technology to bolster their security layers.
Public
information
Unauthorised
access to
customers’
accounts
Agents
TO GAIN
Stolen
information
MANI-
PULATE
Contact
centers Scammers
LEVE-
RAGE
FOCUSED
TARGET FOR
23. Speech Recognition and Voice Biometrics use a consumer's
voice pattern to uniquely identify each consumer.
Basic Voice
Biometrics
Secure and
compliant
agent-
customer
communication
Early
Warning
Signals
USE
USE
DETECTS
Advanced
Voice Analytics
Consumer’s
voice prints
Individual
characteristics
TO CARRY
OUT
TO ASCER-
TAIN
Speaker
identification
True identity
of individual
ENSURES
25. auMina:
A NEXT
GENERATION
SPEECH
ANALYTICS
SOLUTION
Solution to multiple business problems by
harnessing insights from customer interactions
100% coverage of both inbound and outbound
calls in 80 global languages with multiple
dialects
customer sentiment analysis using keyword
spotting and speech analysis
check for adherence to script for regulatory
compliance with its advanced keyword
recognition technology
26. amVoice:
A PREMIUM
VOICE
BIOMETRICS
SOLUTION
Reduction of costs and risks associated with
authentication
Remote authentication by consumers using their
unique voice print in less than 15 seconds
compared to 60+ seconds done manually
Inbuilt fraudster detection capabilities,
eliminating all unauthorized access
High accuracy levels and language
independence, easy integration using an
enterprise or cloud-based Web API
27. To know more about how your organization can ensure
compliance & prevent fraud by implementing Speech
Analytics & Voice Biometrics using auMina or amVoice,
please write in at: susheel_ext@uniphore.com
To download your copy
of the whitepaper on this subject,
please click here.
28. Uniphore Software Systems is a frontrunner in the
Speech Recognition Technology and Virtual Assistant
domains. It partners with over 70 enterprise clients and
has over 4 million end users.
Uniphore Software Systems is headquartered in IIT
Madras Research Park, Chennai. Uniphore was incubated
in IIT Chennai, India in 2008 and currently has offices in
India, Singapore, and U.A.E with about 100 employees
spread across all locations. Uniphore’s investors include
Kris Gopalakrishnan, IDG Ventures India, India Angel
Network, YourNest Angel Fund, and Ray Stata.
Uniphore was recognized by Deloitte as a “Technology
Fast 500 company” in Asia Pacific in 2014 and was also
ranked as the 10th fastest growing technology company
in India by “Deloitte Fast 50” in 2015. Uniphore’s Co-
Founder & CEO, Umesh Sachdev was recognized by the
TIME Magazine list of 2016 amongst “10 Millennials
Changing The World”, and with India’s edition of MIT
Technology Review’s ‘Innovators Under 35′ for the year
2016. www.uniphore.com.