Financial Aid Fraud – How to keep your job and avoid having your name in the press

Financial Aid Fraud. We’re at a tipping point and things are about to explode. The reality is, FSA fraud is a $6B problem annually and it’s happening in your institution. Consider this: The Department of Education shows that 3.99% and 8.15% of Direct loans and Pell grants respectively are part of “improper payments” paid out annually. Several reasons exist for this but the one that hurts you most is “straw student” fraud.  The Dept [...]

Student ID Authentication Strategy Now Impacted By Negotiated Rulemaking

It’s official! By now you’ve heard that big things are happening in higher-ed. Earlier this year, the Department of Education (ED) met with the establishment of the Accreditation and Innovation Committee to begin the negotiated rulemaking process (Neg Reg). As of the beginning of April, the U.S. Department of Education's negotiated rulemaking committee came to an agreement on all 50+ issues up for consideration. Included in the new set of rules and regulations was a section [...]

Biometrics and ID Authentication Now Combines with Document Verification

In a world where anonymity is often used as a means to move and infiltrate organizations undetected, or assume someone else’s identity authentication and access management are becoming increasingly important tools in the virtual fight against data breaches and fraud across all industries. And while the concept of ID verification may seem fairly straight forward, nothing could be further from the truth. Ask a room full of IT guys what the best authentication platform [...]

Machine Learning Combines With Gesture Biometrics to Catch Fraud

Online Fraud Protection - What is it? Fraud using the “virtual highway” is big business with data breaches costing $6.2B in 2016 and financial student aid fraud (FSAF) costing upwards of $6.0B annually. Online fraud protection is not optional. But how do you go about it? There are at least two types of common internet or device-based fraud: Data theft for financial gain typically gleaned from your user's records, that leaves organizations with the [...]

Proctoring Auto-Authentication Is Not Authentication

WHY INSTITUTIONS SHOULD BE LEERY OF THIS AUTHENTICATION CLAIM The latest twist on virtual proctoring – a service to help online school programs protect against cheating – is “auto-authentication,” a way to take the human observation element out and leave it to computers to ensure identity. The process is designed to be cheaper than human-aided proctoring which is typically expensive – averaging more than $20 a student per test. The problem is, it isn't [...]

Hackers Just Broke into Admissions Databases at 3 Colleges. Are You Next?

News outlets across the country are reporting that last week, at least 3 colleges and potentially one vendor with more than 800 higher-ed clients were potential victims of a cyber-attack that gave unauthorized access to highly sensitive data. The takeaway? Hackers made off with personal admissions data and offered potential students a chance to see his/her admissions file, including comments by admissions officers, assigned ratings, interview notes, teacher recommendations, and a tentative decision. How did [...]

Think You’re Not Target Of Academic Dishonesty? Think Again!

Academic dishonesty (aka cheating) ... Even with newly passed rules and regulations in place, cheating is ever-increasing. We all know it's a growing problem in higher education, but why? One answer, online courses. Thanks to online and distance edu. courses, students have a way to earn degrees without ever cracking open a textbook. A quick 15-minute Google search and you'll find yourself with a plethora of options ranging from test banks to essay mills and [...]

Commercial Contract Cheating… 31M Students Say It’s So Easy, It Can’t Be Wrong

“Contract Cheating”, it’s the latest buzzword in higher education, yet it’s been around a long time. Since the beginning of online academia, we've seen this issue rise to epic proportions and it's only getting worse. This growing epidemic where students recruit third parties to complete their assignments is increasing rapidly and presenting a HUGE threat to academic standards and quality worldwide. In his book the "Shadow Scholar", Dave Tomar talks about how he worked as [...]

Identity in the Crypto Space

The Rise of Identity Management in the Cryptocurrency and Blockchain Space By: Guest Author - Legal Counsel for Unspecified Bitcoin Organization Published: September 20, 2018 Identity verification and access management are increasingly important as numerous companies begin to explore the possible uses of cryptocurrency and blockchain technology in their industries. Although anonymity is often boasted as an advantage to using these technologies, allowing users of cryptocurrency and blockchain to remain anonymous could result in the [...]

PCI DSS 2FA Blues

Despite many of our best efforts, data breaches are still a very real, very BIG problem. Hackers continue to compromise valid credentials to access company networks in order to steal data and show no signs of stopping anytime soon. Two-factor authentication (2FA) simply isn't a viable solution because there's no way to guarantee possession of the cell phone by the legitimate person. There are 5 other reasons why SMS related security using cellphones makes this [...]

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