New Facial Recognition Technology Will Dramatically Cut Insurance Policy & Claims Fraud

Facebanx Laptop Screenshot

Source: #TheFraudTube & Facebanx, 23rd April 2013 A new cloud based facial recognition technology, Facebanx, has been developed that will enable insurance companies to dramatically reduce both policy & claims fraud, and provide a key weapon in their battle to regain market share from insurance aggregators. FaceBanx, a division of OhHi, a successful video chat…

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Today is Data Privacy Day

Data Protection Day

Source: #TheFraudTube, StaySafeOnline, 28th January 2013 A couple of infographics and useful resources to mark Data Privacy Day… Identity fraud contributes more than 50% of 2012 UK fraud: A blog from miiCard, exploring the latest fraud figures from CIFAS along with some advice on how to check your social media footprint. Fraud: I won’t be…

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Data Sharing: Another Weapon in your Fighting Fraud Armoury

LB-June2012

We keep being reminded in the financial and industry press that fraud is a problem and it’s not going away. Being at the sharp end we know that for a fact and there does not seem to be a reverse or even neutral gear where fraud is concerned. Now that the impact is being measured…

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Infoglide and BusinessForensics Partnership

Frank Kurstjens, BusinessForensics

Source: BusinessForensics, 15th May 2012 “BusinessForensics’ solutions have a huge impact in minimizing the cost of fraud across industries,” said Douglas Wood, senior vice president at Infoglide. “After careful research we have selected Infoglide’s IRE to enhance our product suite” says Frank Kurstjens, COO at BusinessForensics. “IRE’s capabilities are the best in the marketplace, and…

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Discarded Digital Devices Can Retain Sensitive Data

#TheFraudTube Preview: Information Security

As well as producing our own reports and content (as shown in earlier previews) we will also re-post a selection of news stories and reports from the internet such as the following from Business Technology.

Greatest asset or biggest liability?

Source: Business Technology, 8th April 2012

What’s the biggest security risk when it comes to information? Probably your employees. But companies need to help staff to take responsibility, not demonise them.

In the recent BBC documentary The Tube about the London Underground, a lost property official revealed that 10,421 mobile phones had ended up in his department in the previous four months. This suggests that in London, travellers lose approximately 2,500 mobiles per month.

Source: biztechreport.co.uk via #TheFraudTube on Pinterest

 

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