What last year's biggest data breaches have taught us about authentication [Q&A]

According to the Identity Theft Resource Center (ITRC) there were 1.1 billion breaches in the first half of 2024 -- a 490 percent increase over the first half of the year before. In addition, an enormous and unprecedented rate of credential stuffing and bot attacks have been spearheaded by ChatGPT's debut. All of this means having intelligent and accurate fraud prevention techniques have never been so critical. We spoke to Reed McGinley-Stempel, CEO and co-founder of identity management platform Stytch about what's behind this wave of breaches and how organizations can address the threat. BN: What are the underlying tech… [Continue Reading]