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Entrust unveils AI-powered facial biometric authentication capability

Summary by IT Security News - Cybersecurity, Infosecurity News
Entrust introduced AI-powered identity verification as a new capability for its Identity-as-a-Service (IDaaS) platform. As cyber threats evolve and grow more sophisticated, businesses are facing escalating risks and financial losses. In 2024, US businesses lost an estimated $112 billion to… Read more → The post Entrust unveils AI-powered facial biometric authentication capability appeared first on IT Security News.
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SecurityBrief AustraliaSecurityBrief Australia

Entrust launches AI identity tool to tackle USD $112bn fraud

Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.

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Fintech FinanceFintech Finance

Entrust Helps Businesses Fight Fraud with New AI-Powered Facial Biometric Authentication Capability

Entrust, a global leader in trusted payments, identities, and data security, today introduced AI-powered identity authentication as a new capability for its Identity-as-a-Service (IDaaS) platform. As cyber threats evolve and grow more sophisticated, businesses are facing escalating risks and financial losses. In 2024, 58% of large UK businesses revealed fraud and financial crime poses a serious threat to their organisations, up from 49% the year…

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IT Security News - cybersecurity, infosecurity newsIT Security News - cybersecurity, infosecurity news

Entrust unveils AI-powered facial biometric authentication capability

Entrust introduced AI-powered identity verification as a new capability for its Identity-as-a-Service (IDaaS) platform. As cyber threats evolve and grow more sophisticated, businesses are facing escalating risks and financial losses. In 2024, US businesses lost an estimated $112 billion to… Read more → The post Entrust unveils AI-powered facial biometric authentication capability appeared first on IT Security News.

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Help Net SecurityHelp Net Security

Entrust unveils AI-powered facial biometric authentication capability - Help Net Security

Entrust introduced AI-powered identity verification as a new capability for its Identity-as-a-Service (IDaaS) platform. As cyber threats evolve and grow more sophisticated, businesses are facing escalating risks and financial losses. In 2024, US businesses lost an estimated $112 billion to fraud, the equivalent of nearly 7% of their revenue. Modern attacks, such as deepfakes, synthetic identities, and advanced phishing campaigns leveraging AI re…

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GlobalFinTechSeriesGlobalFinTechSeries

Entrust Helps Businesses Fight Fraud with New AI-powered Facial Biometric Authentication Capability

Entrust Identity as a Service (IDaaS) now enables facial biometric authentication by verifying users against their encrypted biometric identifier stored on-device, enabling compliance and new fraud protection options Entrust, a global leader in trusted payments, identities, and data security, introduced AI-powered identity verification as a new capability for its Identity-as-a-Service (IDaaS) platform. “With fraud becoming more sophisticated, i…

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GlobalFinTechSeries broke the news in on Tuesday, January 21, 2025.
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