Data Security news and trends

Entrust Acquires Onfido Amid Jump in ID Fraud
Acquisitions // April 09, 2024

Data security firm Entrust has finalized its purchase of identity verification company Onfido. “With this completed acquisition, Entrust now provides the industry’s most comprehensive portfolio of AI-powered, identity-centric security solutions,” the company said in a news release Tuesday (April 9). Entrust did not disclose the terms of the deal, which...

Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud
Fraud Prevention // April 09, 2024

When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate and when the topic turns to ID fraud, a team effort among banks just might...

Firms Tap Passkeys to Safeguard Connected Economy Digital Infrastructure
Cybersecurity // April 08, 2024

With cyberthreats evolving in sophistication and frequency, firms are constantly seeking robust solutions to strengthen their digital defenses.  Passkeys have emerged as a player in this space, offering a more secure alternative to traditional authentication methods.  First introduced in 2022, the passwordless technology is based on industry...

Cybersecurity Firm Rubrik Files for IPO
IPO // April 01, 2024

Cybersecurity firm Rubrik has filed for an initial public offering. In a Monday (April 1) filing with the Securities and Exchange Commission (SEC), the company did not disclose the size of the offering but said it plans to list on the New York Stock Exchange under the symbol “RBRK.” The Rubrik...

Interviews & Exclusives
Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud

April 09, 2024
When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate and when the topic turns to ID fraud, a team effort among banks just might be a welcome development. It’s certainly a development that’s top […]

EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App

January 15, 2024
Globally, the increasing reliance on apps and connected devices has led to growing consumer demand for an everyday app that seamlessly integrates banking, shopping and personal activities. This demand is...

Attack Vectors 2024: Identity Theft and Digital Banking 

January 12, 2024
In the payments and financial landscape, staying still often means falling behind.  And falling behind in today’s rapidly digitizing environment can be dangerous.  That’s because traditional security systems are proving...

Safeguarding Personal Information Key to Banking Subprime Consumers

January 12, 2024
As technological advancements continue to revolutionize the financial industry, data privacy and security continues to take center stage, shaping consumer preferences and challenging financial institutions (FIs) to deepen their commitment...

Quick Reads
Entrust Acquires Onfido Amid Jump in ID Fraud

April 09, 2024
Data security firm Entrust has finalized its purchase of identity verification company Onfido. “With this completed acquisition, Entrust now provides the industry’s most comprehensive portfolio of AI-powered, identity-centric security solutions,” the company said in a news release Tuesday (April 9). Entrust did not disclose the terms of the deal, which was first announced in February. The release notes that attacks on […]

Cybersecurity Firm Rubrik Files for IPO

April 01, 2024
Cybersecurity firm Rubrik has filed for an initial public offering. In a Monday (April 1) filing with the Securities and Exchange Commission (SEC), the company did not disclose the size of the offering but said it...

Cohesity and Veritas to Form New Data Security, Management Company

February 08, 2024
Cohesity and Veritas have announced their definitive agreement to combine Cohesity with Veritas’ data protection businesses, forming a new company offering artificial intelligence (AI)-powered data security and management. The remaining assets of Veritas,...

Mine Raises $30 Million to Expand Data Privacy Offering

December 05, 2023
Data privacy firm Mine has raised $30 million with the help of PayPal Ventures. The Series B funding round, co-led by Battery Ventures, will help the Israeli company scale MineOS, its B2B enterprise-grade product,...