Synthetic identity fraud accounts for 80 percent of all credit card fraud losses (Source: FTC). In 2019, there were 7,098 reported breaches that exposed 15.1 billion records, which represented a 28...
A second wave of COVID-19 has started to wash across Europe and the United States. So, who knows when there is going to be a return to normality? For the past several months, many organizations hav...
VPN and Virtual Desktop Security Debunked
Some say that in the real (physical) world, to prove one’s identity is an unambiguous process. For example, when you show up at an airport’s TSA security check, you’re required to show a government...
The Stakes Behind Using Digital Identities
Banking is a highly regulated industry and for good reason: it involves money and lots of it. Regulations in the banking industry are necessary to protect the government, financial institutions (fr...
The One Solution that Reconciles GDPR and PSD2
In 2004, hackers compromised the credentials of Nortel’s CEO Frank Dunn to steal about 800 ultra-sensitive documents and send them to an IP address registered to Shanghai Faxian Corp, a front compa...
The Dramatic Consequences of Identity Compromises
Here’s a bombshell: The Financial Crimes Enforcement Network reports that identity-related theft and crimes total $1 billion per month on average! And twenty-five percent ($250,000,000) of this exo...
Fake Identities Are Not Fake News
Have you ever responded to an unsolicited email from a barrister located in Nigeria who, out of the blue, contacted you? For some inexplicable reason, he saw you as a kind and generous person who u...
Vaccine Released Against Identity Compromises
Employees face a challenge daily, actually multiple times per day, having to access multiple systems and applications throughout the day to do their job. They have to unlock their Windows desktop, ...
Workforce Authentication Challenges and Best Practices
Employees face a challenge on a daily basis, and this challenge consists of having to access multiple systems and applications throughout the day, like unlocking a Windows desktop, logging into int...
Audio Blog: Challenges of Password Management and Best Practices
Today most organizations rely on very old and tired forms of authentication for system access. The combination of username, password, and sometimes a second factor do not prove to you who is at the...
Importance of ID-Proofing and Authentication in This “New Normal” Era.
For 1Kosmos, what does Identity proofing, or ID proofing in the workforce mean?
Well, for us, ID proofing is an irrefutable approach that is used to verify and authenticate the identity of an em...
Audio Blog: Workforce ID Proofing
The 7 Foundational Principles of Privacy by Design:
1. Proactive not Reactive; Preventative not Remedial
The Privacy by Design approach is characterized by proactive rather than reactive meas...
Privacy by Design
“Arguments over the correct interpretation of an oracle were common, but the oracle was always happy to give another prophecy if more gold was provided.” Wow! Already in 1400 BC! So many civilizati...
The Blockchain Oracle Never Won the America’s Cup
By definition, Blockchain is about eliminating intermediaries by powering a peer-to-peer ecosystem, where data is validated by participants to the network, whoever and wherever they are. Blockchain...
Top 3 Advantages of Private Blockchain
Blockchain technology requires a significant volume of equipment to run adequately. It is indeed not farfetched to hear that hundreds if not thousands of computers are required to form a single Blo...
The Carbon Footprint of Blockchain
If your organization is using one of those “passwordless” solutions out there, it’s very likely your employees and/or customers data is stored inside a centralized cloud system, where it is not enc...
Biometrics and Blockchain: A Powerful Match
Let’s start with the truth: Blockchain is not for everybody. After all, “truth is like the sun. You can shut it out for a time, but it ain’t goin’ away.” So why not speak about it from the very get...
Does Your Organization Need Blockchain?
How do you feel when a website requires you to surrender your birthdate as a requirement to complete a transaction?
If you are like me, you feel equal parts irritated and concerned. Irritated be...
CTO Insights: What is Self-Sovereign Identity?
The skeptics are taking over! Well, it certainly sounds like it when reading what the mainstream media have to say about Blockchain technology. Some do not hesitate to see it as the biggest hoax ev...
Where Lies the Future of Blockchain?
... Why we need to focus on identity, and why now.
We’re living through unprecedented times. Companies, communities, and individuals are scrambling to make sense of a crisis of historic magnitud...
Digital Identity in a COVID World…
The Anatomy of The Chain (Pt. 4 of 4)
Congratulations on making it to the fourth and final leg of the journey we started in September. Given the magnitude of effect blockchain is having and will h...
CTO Insights (IDentifier February 2020)
Blockchain, as we all know, a decentralized, peer-to-peer system with no central authority managing data flow, and immutable database that not only records the financial transaction but also stores...
EU’s GDRP and its Effect on the Blockchain
Democratization and freedom-enhancing characteristics of the blockchain seen in many projects also apply in the case of consumer genomics , which is the concept of uplifting organizations to the bl...
Blockchain Genomics
Hello and thank you for joining me in this third part of a series where we are exploring the anatomy and features of the blockchain. In the September 2019 IDentifier,
I introduced the blockchain...