Identity verification

Companies should adopt a privacy-first approach to biometric authentication.

Both have a mutual goal of keeping systems secure and their customers' information private.

A crucial point that many businesses engaged in the B2B sharing economy are increasingly aware of is that engagement often carries considerable liability risk, which is why it is of utmost importance for businesses to insure against this risk with robust verification services.

Insurance blockchain working group The Institutes RiskStream Collaborative has partnered with Trustlayer to build out an insurance verification proof of concept.

Many insurers are focused on ransomware risk protection even though other new vulnerabilities are emerging from remote work. Recent statistics point to a troubling increase in ransomware and phishing, web application attacks and other emerging cybercrime tactics.

Britain’s Information Commissioner’s Office said it was opening an investigation into the use of facial-recognition camera technology.

A research group run by employees from technology companies including Google and Microsoft Corp. called for more regulation of facial recognition and other artificial intelligence tools.

Fingerprint and face scanners are the most common types of biometric implementations used on corporate devices and services.

Biometric and mobile technology offer carriers opportunities to engage customers more often and with more value.

The auto insurer will be the first to integrate with a platform that will simplify real-time verification of coverage.