Uploading a picture of anything but your actual photo to represent yourself online is a practice nearly as old as the internet itself. Being in the shoes of people who do it, maybe they are insecure about how they look or wish to appear on the internet. It stretches so commonly that the need to upload a profile picture to an account anywhere online is standardly not mandatory.
However, this does lead to troubles and crimes which is why it is becoming increasingly necessary for businesses and websites to verify users of how they look in real life. Hence, the requirement for photo verification is needed for businesses and financial institutions to follow to meet various security regulations and compliances such as Know Your Customer (KYC).What troubles does photo verification eliminate?
Uploading a fake picture leads to many sorts of problems. Here is a list of the potential dangers it would create to not photo verify users:
- Synthetic Identity Theft
If there is no evidential photographic proof of a person’s face then there is little to stop criminals from misusing stolen identities. With fraud occurring up to eight times higher on digital platforms, it is crucial for companies to verify photos of users. Synthetic identity theft alone is responsible for various other crimes such as credit card fraud and tax evasion, etc.
- Chargeback Fraud
Lack of a customer’s photograph makes it difficult to identify and authorise purchases or deposits made in their name. This inevitably results in the possibilities of the actual user demanding a chargeback whether they in fact made the purchase or are a victim of identity theft. Either way, it ends in a loss for businesses which gives them even more reason to take up identity verification.
- Money laundering
Not having photo verification is bliss for criminals who could easily launder their illegally earned money. With money laundering accounting for 2% of the world’s GDP, banks especially find it crucial to carry out identity verification of their customers to prevent and detect any transaction involving unlawfully earned money.
One of the most common parts of scams is when a victim is fooled because of the attractive fake photo used by criminals to represent themselves. Nearly 4000 people were victims of romance fraud in the UK during 2016.
It is, for this reason, why social media and dating platforms request users to verify the picture they use of themselves with selfies. This also tackles identifying and reporting sexual offenders and predators to protect the community.
Gaming and virtual casinos often deal with the presence of bots during games that bring disturbance and unfairness to other players and the experience of the game. While most bots are now smart enough to crack captcha tests, photo verification helps identify these cheaters to establish security and strictness in game moderation.How do online photo verification services help improve security
With thanks to the advancement of technology, it is frantically easier to verify the personal identifications of an individual. Through the use of their camera, a user can take a selfie along with a picture taken of a document containing evidence of their identity such as their personal identification card, passport, or driving license.
AI helps capture the information from the document using OCR and also helps verify the face in the selfie with that of the document by shuftipro. With that, the identity of the person is verified with no chance to fool the system using a fake picture as the use of depth and live facial recognition helps authenticate a face being genuine or not.
All in all, it matters greatly to incorporate online photo verification services for businesses as security is a high priority. These efforts ultimately lead to a safer and improved experience for people online.
Users will appreciate the concern that is put into their safety which provides businesses with increased user retention and growth.
"Researchers designed a countermeasure to secure a neural network against DPA attacks by using novel masked components, such as masked adder trees and masked ReLU" #MachineLearning #NeuralNetworks #CyberSecurity analyticsinsight.net/new-research-c…2020-05-18 16:28:49
CALLING ALL WEBINAR ENTHUSIASTS! Only 2 days left to register for our joint webinar with Renova Cloud: "Secure your Cloud Applications, Websites and other Assets for SMBs" Link for registration: hubs.ly/H0qCkxP0 #cybersecurity #cloudsecurity #webinar pic.twitter.com/zi3QEgCnFt2020-05-18 16:28:47
Why it’s critical to ensure your #Iot doesn’t become a tangled web of vulnerability techchecknews.com/2020/05/why-it… #TCNN #Aws #Cybersecurity #InternetOfThings #MachineLearning pic.twitter.com/wM5Bjf4qNX2020-05-18 16:28:40
Flattening The Curve On Cybersecurity Risk After COVID-19 lnkd.in/gjhJxgh2020-05-18 16:28:36
#SonicWall What threats do you need to be looking out for in 2020? Read SonicWall’s 2020 Cyber Threat Report to learn how you can prepare your organization. Get the report: bddy.me/2WDqH1V #knowthethreats #cybersecurity #cyberthreat #threatd… pic.twitter.com/CTdJgggi4Z2020-05-18 16:28:33
#SonicWall This week, we spotlight #5G conspiracy theorists, government-linked attacks, and two young #hackers–one who “saved the internet,” the other an “evil genius.” bddy.me/2z2cN0s #cybersecurity pic.twitter.com/9Ayuz1ODYw2020-05-18 16:28:28
#SonicWall The shift to remote working may have been sudden, but it is unlikely to be temporary. Is your organization prepared for the new business normal? Learn how Boundless Cybersecurity can protect and mobilize your #remote workforce: … pic.twitter.com/dTYAkjymqY2020-05-18 16:28:27
#SonicWall To help our #MSSP partners meet the unprecedented demand for their knowledge and expertise, SonicWall has leveraged its nearly three decades in the channel industry during a time when you need it most: bddy.me/2AwATkr #cybersecurity pic.twitter.com/1U0cm3GS3y2020-05-18 16:28:23
Is your organization ready to securely support a wide range of remote workers in the wake of a global pandemic? Here are five tips IT and #cybersecurity professionals can implement to maintain a secure, seamless workflow for remote workers: … pic.twitter.com/I2h5iNTmPE2020-05-18 16:28:14
Maintaining a seamless workflow for #remoteworkers will require IT and #cybersecurity teams to implement #ZeroTrust strategies to securely support the collaboration and productivity tools that assure continuity for critical business operations. Learn mor… pic.twitter.com/xQ6JaFIAH62020-05-18 16:28:13
Have you tuned in on this episode of #InSecurityPodcast? Healthcare #cybersecurity expert Dr. Saif_Abed discusses the positive role technology can play during a global healthcare crisis. Check it out! bit.ly/38YnkWi pic.twitter.com/tthxsaMQap2020-05-18 16:28:12
A aula é sobre cybersecurity, lembro quando o tópico de debate em segurança no Brasil era o submarino nuclear. Importante? Sim, ainda mais para a realidade geoestratégica brasileira. Mas nossas discussões estão a anos luz da atualidade em segurança2020-05-18 16:26:39
Reason Labs researchers found a new variant of the #raccoonmalware that steals user data from browsers and credentials from cryptocurrency wallets. Read more blog.reasonsecurity.com/2020/05/12/und… #cryptocurrency #CyberSecurity #malware pic.twitter.com/mJYss2RiFQ2020-05-18 16:26:30