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Entrust Fights Deepfakes, Phishing, and Account Takeover Attacks with AI-Powered Identity-Centric Security SolutionEntrust, a global leader in trusted payments, identities, and data security, today announced a single-vendor enhanced authentication solution that integrates identity verification (IDV) and identity and access management (IAM) to fight deepfakes, phishing, account takeover (ATO) attacks and other threats. By enhancing Entrust Identity as a Service (IDaaS) platform with Onfido's AI-powered document and biometric verification, customers will be able to deploy next-level identity authentication before allowing a privileged action or making a high-value transaction. This equips the IDaaS platform with a new layer of hardened security that resists identity fraud and phishing, secures digital interactions, and safeguards sensitive information. Entrust was recognized in the 2023 Gartner Magic Quadrant for Access Management. In that report, Gartner predicted "By 2027, integration with identity verification for onboarding, credentialing & recovery will be a standard feature of access management tools, potentially reducing account takeover attacks against these processes by 75%." "As physical and digital credentials merge, identity has become central to security. AI-driven threats, deepfakes, synthetic identities and ransomware gangs are driving a rising need for confidence in the identities of the people seeking to connect, access, and transact," said Bhagwat Swaroop, President of Digital Security at Entrust. "That's why identity-centric security is essential to making Zero Trust work. Entrust is the only provider that can integrate world-class IDV and IAM to enhance fraud prevention, reduce manual intervention, and improve the user experience." With the combined power of these solutions, organizations can:
As well as demoing the newly integrated IDaaS platform at its booth (#5361N), Entrust will also run a series of demos and presentations including:
This news comes as updated data from Onfido's 2024 Identity Fraud Report reveals that in the last six months digital forgeries accounted for 34.8% of document fraud the company caught - nearly double the 16.7% seen in 2023 (and roughly 12 times the amount of digital forgeries seen in 2021). This data and more will be released in a new special edition of the Fraud Report for RSAC. To see these demos, get a copy of the new Identity Fraud Report, book a meeting with Entrust or learn more about Entrust's new capabilities with Onfido, visit us at RSAC at booth #5361N in Moscone North Expo. About Entrust Entrust keeps the world moving safely by enabling strong identities, secure payments, and protected data. We offer an unmatched breadth of solutions that are critical to the future of secure enterprises, governments, the people they serve, and the data and transactions associated with them. With our experts serving customers in more than 150 countries and a network of global partners, it's no wonder the world's most trusted organizations trust us. Learn more at www.entrust.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240423136874/en/ |