Black Friday – originally a one day in-store event with its online counterpart on Cyber Monday – has experienced a colossal shift to online in order to meet changing consumer habits and appetite for convenience. Since its inception ten years ago, Black Friday has almost tripled November online sales to nearly £2 billion, with digital promotions […]

We never leave home without our phones. They accompany us to the office, the gym, the movies and pretty much everywhere. The ubiquity of smartphones is why Veridium made it a key component of how our passwordless authentication platform works.  But there are times when a smartphone can’t be used for authentication. Maybe its battery […]

Not only do people not like using passwords, but there’s consensus in the identity and access management space that they are not the most secure way to protect data. Look at this year’s Verizon Data Investigations Breach Report, which found that 32 percent of the nearly 42,000 security incidents covered in the report involved phishing […]

Customers of bunq, an innovative European challenger bank, can use biometrics instead of passwords to access their accounts. In this blog, bunq discusses some common problems with passwords and why the bank partnered with Veridium to favor biometrics for customer authentication and onboarding. Passwords aren’t known for providing positive user experiences. With requirements around character […]

As more organizations look into passwordless authentication with biometrics, users are asking what happens if their biometric data is stolen. After all, you can create a new password, but you can’t create a new fingerprints. They’re wondering if stolen biometrics can be used to access the applications and devices that they’ve locked down with them. […]

Regulators put little trust in the strength of the current payment authentication system and rightly so, as fraud levels have hit an all-time high. In the last year, over 2.6 million UK accounts have been defrauded and of those fraud cases 76 per cent were remote purchases. It is estimated that overall, Europe suffers from a […]

The Align interviews offer the perspectives of CIOs and CISOs on technology, leadership, security and digital transformation.  For any digital transformation project to succeed CIOs need to keep in mind the people who will be impacted. That’s the advice from Richard Thwaite, who’s served as CIO of the Metropolitan Police Service, UBS Global Asset Management […]

Protecting data will eventually not involve using passwords, judging by a BBC article on why passwords don’t work and what will take their place. Lately, passwords “have been in the news lately for all the wrong reasons,” said the article, citing the Quora website hack that exposed the passwords of 100 million users and the […]

Everyone seems to want to stop using passwords. Security and IT professionals loathe them because they’re frequently used by attackers to infiltrate organizations. Anyone who handles user experience dislikes passwords because they’re not very user friendly. Despite this grumbling, passwords have been the main way we authenticate since the 1960s, chiefly because no one has […]