Fraud is on the rise in small credit unions, yet many believe they aren’t targets—until it’s too late. Over the past decade, fraud cases have surged, with social engineering, account takeovers, and synthetic identity fraud becoming major threats. Call centers, in particular, have become a weak link, as fraudsters exploit stolen data and human trust to gain account access. Smaller institutions often underestimate their exposure, thinking their size offers protection. In reality, fraud rings cast wide nets, targeting any institution with weak defenses. Learn how modern solutions like voice biometrics can close security gaps and prevent costly fraud before it happens.
Defend Against Deepfake Fraud: Confirm’s Advanced Voice Authentication Solutions
In the rapidly evolving landscape of cybersecurity, financial institutions are facing an unprecedented challenge: deepfakes. These AI-generated audio files are growing in sophistication, enabling malicious actors to convincingly mimic customer voices and penetrate even the most secure systems. Confirm, however, is staying ahead of the curve through a comprehensive, layered approach that integrates advanced technology, […]
Pindrop Announces Deepfake technology, Pindrop Pulse
Pindrop announced their new audio deepfake detection technology, Pindrop Pulse. This innovative solution, built on nearly a decade of research, offers real-time identification and monitoring of audio deepfakes using advanced deep learning models. It aims to address current and future security threats, emphasizing the importance of technological advancements in the face of growing cyberattack sophistication. […]
Navigating the New Wave of Fraud: Protecting Your Financial Institution in 2024
In an era where financial transactions are increasingly digital, the security of financial institutions, including banks and credit unions, has never been more paramount. However, as cyber defenses strengthen, fraudsters pivot to more vulnerable targets—call centers. A recent series of attacks on these critical customer service touchpoints has shed light on the sophisticated strategies employed […]
Why Confirm Selected Pindrop For Voice Authentication
Confirm’s decision to use Pindrop for handling voice authentication of members and customers is a significant step forward in leveraging the latest technology to ensure security and enhance customer experience. Pindrop’s passive authentication services optimize voice security through advanced neural network-based biometric recognition engines. This technology enables seamless passive authentication and efficient fraud detection, ensuring a secure […]