Online scamming is an ever real and present danger and scammers are getting wilier and smarter.
But one thing that it’s hard to scam is a person’s unique biometric behavioural patterns as evidenced when using a mouse or keyboard. It was developed by witnessing the discrepancies and differences between regular client interactions with banks, and abnormal client interactions with scammers.
BioCatch, an Israeli software company, is harnessing hundreds of subtle and unique biometric markers belonging to individuals to help stop a victim from falling into an online fraud trap.
Essentially, behavioural biometrics is a cybersecurity technology that identifies people by how they do what they do, rather than by identifying who they are, as is usually done through facial recognition or fingerprints or by secret questions or passwords.
Every person has a particular way of moving their mouse or typing on their keyboard or phone, and behavioural biometrics can identify and analyse these patterns. Behaviours that deviate from this usual pattern can be flagged as unusual and generate an alert, making it much harder for the hacker to find their way through such cyber defences.
According to the Find Biometrics Global Idenitity Management website, BioCatch has developed software that checks 500 bio-behavioural, cognitive and physiological parameters to create unique user profiles and a personalised web presence for each user of banking and eCommerce sites, and can now be used to alert banks to scams, as is indeed happening currently in the UK with several banks utilising this advanced biometric cybersecurity technology to help thwart online fraudsters.