idr&d biometrics to the rescue - idrnd.ai...biometrics save the day voice biometrics in the...

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80 % of HACKING-RELATED BREACHES are caused by compromised, weak, and reused passwords. 2019 Verizon Data Breach Invesgaons Report (DBIR). of users report NEVER CHANGING THEIR PASSWORD, and only 1 in 5 do so when a hack makes news. Pew Research Center 17 % 1.69 MILLION U.S. Fraud Complaints in 2019 Federal Trade Commission Report 88 % Increase in CREDIT CARD New Account Fraud 78 % Increase in the number of account takeovers in 2018 Javelin Strategy 38 % Increase in BANKING New Account Fraud Social engineering scams abound with fraudsters using stolen credentials and synthetic identities to open new accounts, sign up for services, and take over existing accounts. Security Gaps to Fight Fraud Security Gaps to Fight Fraud Biometrics save the day Biometrics save the day VOICE BIOMETRICS IN THE CONTACT CENTER As much as 61% of account takeovers can be traced back to the call center. Create watchlists of known fraudsters and use voice biometrics to catch repeat offenders. That s a SUPER Customer Experience That s a SUPER Customer Experience BAM! smash! POW! Wonder Twin Powers Authenticate! Wonder Twin Powers Authenticate! of consumers view biometrics as a MORE SECURE FORM of identy verificaon 2020 Experian Global Identy and Fraud Report 81 % IMPROVE SECURITY 88 % of consumers say their percepon of a business is improved when a business invests in the customer experience, namely security. Experian REMOVE FRICTION 96 % Passwords and cumbersome onboarding processes frustrate users and result in lost business. 96% of customers become more disloyal aſter a high-effort service interacon Gartner OFFER CONVENIENCE 38 % Customers want interacons to be fast and easy and security is no excepon. 38% of new banking customers will abandon account creaon if the onboarding process takes too long, or too much informaon is required. Deloie Interested in learning how you can improve security and the user experience? Visit your friendly neighborhood Biometric provider at idrnd.ai TO THE RESCUE TO THE RESCUE BIOMETRICS BIOMETRICS WHAM! The shift to more mainstream biometric adoption is driven by gaps in traditional authentication, increasing fraud, and a desire to strengthen security without sacrificing usability. In a recent study by Biometric Update and ID R&D 42 % of respondents reported that they have deployed biometrics for authencaon in some form, and 1 in 3 are currently weighing their first biometrics implementaon. 32 % Increase in MOBILE New Account Fraud of security quesons had answers rounely listed publicly in online social networking profiles. Secrets, Lies, and Account Recovery, Google Survey 16 % Voice and Face Biometric Authentication Replace vulnerable SMS-based 2FA with friconless biometrics and liveness detecon across mobile, web and phone channels. FACE RECOGNITION WITH PASSIVE LIVENESS DETECTION Strengthen identy proofing during digital onboarding while reducing me and effort. Passive liveness boosts security without adding any extra effort for the user.

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Page 1: IDR&D BIOMETRICS TO THE RESCUE - idrnd.ai...Biometrics save the day VOICE BIOMETRICS IN THE CONTACT CENTER As much as 61% of account takeovers can be traced back to the call center

80%

of HACKING-RELATED BREACHES are caused by compromised, weak, and

reused passwords.

2019 Verizon Data Breach Investigations Report (DBIR).

of users report NEVER CHANGING THEIR

PASSWORD, and only 1 in 5 do so when a hack

makes news.

Pew Research Center

17%

1.69 MILLION

U.S. Fraud Complaints in 2019

Federal Trade Commission Report

88%Increase in CREDIT CARD New Account

Fraud

78%Increase in the number of account takeovers in 2018

Javelin Strategy

38%

Increase in BANKINGNew Account Fraud

Social engineering

scams abound with fraudsters

using stolen credentials and

synthetic identities to

open new accounts, sign up for services, and take over

existing accounts.

Security Gaps to Fight Fraud Security Gaps to Fight Fraud

Biometrics save the dayBiometrics save the day

VOICE BIOMETRICS IN THE CONTACT CENTER

As much as 61% of account takeovers can be traced back to the call center.

Create watchlists of known fraudsters and use voice biometrics to catch

repeat offenders.

That ’s a SUPER Customer ExperienceThat ’s a SUPER Customer Experience

BAM!

smash!

POW!

Wonder Twin Powers Authenticate!Wonder Twin Powers Authenticate!

of consumers view biometrics as a MORE

SECURE FORM of identity verification

2020 Experian Global Identity and Fraud Report

81%

IMPROVE SECURITY

88% of consumers say their

perception of a business is improved when a

business invests in the customer experience,

namely security. Experian

REMOVE FRICTION

96% Passwords and

cumbersome onboarding processes frustrate users

and result in lost business. 96% of customers become

more disloyal after a high-effort service

interactionGartner

OFFER CONVENIENCE

38% Customers want interactions

to be fast and easy and security is no exception.

38% of new banking customers will abandon account creation if the

onboarding process takes too long, or too much

information is required.Deloitte

Interested in learning how you can improve security and the user experience? Visit your friendly neighborhood Biometric provider at

idrnd.ai

TO THE RESCUETO THE RESCUEBIOMETRICS BIOMETRICS

WHAM!

The shift to more mainstream biometric adoption is driven by gaps in traditional authentication, increasing fraud, and a desire to strengthen security without sacrificing usability.

In a recent study by Biometric Update and ID R&D 42% of respondents reported that they have deployed biometrics for authentication in some form,

and 1 in 3 are currently weighing their first biometrics implementation.

32%

Increase in MOBILENew Account Fraud

of security questions had answers routinely listed publicly in online social

networking profiles.

Secrets, Lies, and Account Recovery, Google Survey

16%

Voice and Face Biometric Authentication

Replace vulnerable SMS-based 2FA with frictionless biometrics and

liveness detection across mobile, web and phone channels.

FACE RECOGNITION WITH PASSIVE LIVENESS DETECTION

Strengthen identity proofing during digital onboarding while reducing time and effort. Passive liveness

boosts security without adding any extra effort for the user.