TeleSign, a provider of phone-based authentication and verification services, has announced the release of a white paper, “The Fraud Epidemic: Fighting fraud with phone-based authentication and verification,” authored by TeleSign CTO Charles McColgan. The white paper reveals the depth of threats to online security and further illustrates how Telephone Verification and PhoneID technology can prevent many types of online fraud, greatly reducing spam and scams.

“There are a variety of advanced security measures available that provide protection against many threats, but the simple truth remains; proactively verifying users provides the greatest return on your security investment and phone-based authentication and verification is one of the most effective solutions delivering unmatched ROI,” said Steve Jillings, TeleSign CEO, in a release.

TeleSign’s white paper:

• Describes trends in cybercrime and “state of the art” solutions to current threats
• Reviews a range of threats and critiques authentication and verification practices like CAPTCHA and biometrics, and evaluates their commercial and technical viability
• Advises leveraging the 5 billion mobile handsets and 1.2 billion landlines worldwide for customer-friendly “frictionless” authentication and verification

TeleSign is a global leader in phone-based authentication and verification services with coverage in more than 200 countries and 50 languages.

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