Are passwords going the way of the horse and buggy? Security Ledger publisher and Editor in Chief Paul Roberts speaks with Robert Capps, the Vice President of Business Development at NuData Security. Capps’ firm specializes in protecting companies from account takeovers and other online scams. He’s no fan of passwords – but he isn’t convinced that the world will do away with them any time soon. Instead, he said, companies need to get better at spotting the actions of fraudulent actors, including scams like the creation of “synthetic identities” that combine stolen and fictional data as a way to defraud banks and merchants.
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