Combatting the biometric/digital fraudster using data analytics in banks
- What banks are doing about legacy technology and the implementation of biometrics
- How does the two types of biometrics behavioural biometrics vs. static biometrics assist with combatting of fraud?
- How can we beat the biometric fraudsters ?
- Which countermeasures can system architects deploy to make their systems resilient to attacks?
- How does biometric authentication prevent spoofing and bypassing?
- Are some of the newer biometric modalities immune to spoofing attacks?
- How can we be sure that we can trust that biometric information is valid?
- How do we balance the safety aspect of biometric data and are data leaks a thing of the past?
- How can data sharing across the policy lifecycle improve fraud detection and CX?
- Data now plays an active role fighting fraud and fraud prevention. Which other systems saves time is by automating repetitive processes thus reducing human intervention?
- Meeting obligation to keep beneficial ownership information up to date. How to effectively gather, evaluate, and validate data?
- Virtual currencies such as Bitcoin and e-wallets. How do we as a country conduct their activities as they anonymously use them to evade law enforcement scrutiny?
- Will financial Institutions need to adopt to innovative and state of the art fraud prevention and security solutions to fight the digital fraudster?
- Digital ethics, trust transparency and inclusion: How digital ID works hand in hand with open data?
- Fostering trusted connectivity for mobile and IOT devices: how do they impact cross-border identity schemes?
- What effective approaches are there to breaking down silos between cyber and fraud?
- What makes a good data culture, beyond the basics?
- What other medium to long-term risks do we see emerging from the COVID-19 crisis?
- What should a company do when they’re trying to combat fraud schemes?
Cyber attackers are becoming much more sophisticated, and our reliance on digital services is increasing, especially during the COVID-19 pandemic. Security measures must get smarter to both detect new forms of cybercrime and support the growth of digital channels. Many experts and market leaders agree: behavioural biometric profiling is the only effective way to achieve this level of security.
How did biometrics evolve to where we are today? discuss the evolution of behavioural biometrics technology, how it works today, and what the future will hold.
Panelist
- Moderator: TBI
- Dalene Deale, Executive Head, Secure Citizen (South Africa)
- Simphiwe Phakathi, Executive Head, Lesakatech
- Kevin Mani, Director, Nuance Africa Enterprise (South Africa)
- Masechaba Wessie, Divisional IT Executive, Liberty Group (South Africa)
