Cyberattacks have become a significant concern for businesses and individuals alike, and the threat continues to grow. With the growing prevalence of cyber threats, the number of claims filed with cyber insurance companies covering these claims is also increasing. In 2022, the US data breach’s average cost reached $9.44 million. Globally, businesses will lose approximately $10.5 trillion in total in 2025 due to cybercrime.
Author: Pierre Remy
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Biometric MFA: The Next Factor in Today’s Cybersecurity Landscape
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Balancing Privacy, Security & UX for Government Agencies
As the world continues its relentless march toward digital transformation, government services are increasingly delivered through digital means. This improves efficiency in the delivery of essential government services.
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3 Reasons to Use Face Biometrics For Multi-Factor Authentication (MFA)
Malicious actors are circumventing today’s multi-factor authentication (MFA) methods. While helpful, two-factor authentication (2FA) using one time codes, security questions, and authenticator apps have limitations and are subject to compromise.
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Protecting Biometric Identity Against Data Breaches
Biometric technology has become ubiquitous as both an identity management and verification tool as well as providing enhanced access control. Biometrics provide opportunities to create and manage identities in places where identification standards were previously scant or non-existent. They also substitute as an identification standard in places with traditional, well-established systems for identification. Biometrics are replacing passwords and keycards in many use cases where databases, facilities or applications require controlled access.
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Streamlined Compliance for the Cryptocurrency Space
Demand for cryptocurrencies has grown exponentially recently. With the explosive growth in cryptocurrency valuation over the past year, crypto platforms have seen a massive surge in customer onboarding in just the first two quarters of 2021. Our Executive VP and Blockchain Expert, John Bridge, shares insights on the rapidly changing regulatory landscape in the cryptocurrency space and how Trust Stamp is helping companies stay ahead.