Trua

The 2024 occupational fraud report has lots to say about the types of fraud that can occur within an organization. Some of the key takeaways include: - The longer a fraudster has worked for an organization the more costly the damage. - More than half of internal fraud occurs due to lack of internal controls and monitoring systems. - 43% of insider fraud was detected by a tip. These trends show one thing. The best way to fight insider threats is to implement continuous evaluation. By using CE organizations can catch threats as they emerge and deal with them before they can cause major damage. If you’d like to read the full 2024 occupational fraud report you can find it here: https://lnkd.in/g8CpkrNZ if you’d like to learn more about how you can implement continuous evaluation as a solution click here: https://lnkd.in/e7wAizjE #fraudweek #fraudawareness #trua #genuineprescence #authenticity #safety #insiderthreats #fraud #onlinesafety #BiometricID #verifiedID #usersafety #reusableID #ContinuousEvaluation #CE #Endera

Trua would like to dedicate this week to recognizing international fraud awareness week. According to the Association of Certified Fraud Examiners (ACFE), a typical organization loses around 5% of its annual revenue to fraud each year, with the average loss per fraud case being approximately $1.7 million. Individuals are also affected by fraud, with over 15 million Americans claiming to be victims of some form of identity theft or fraudulent online activity using their data. These numbers may seem disparaging, but there are organizations such as Trua who are dedicated to fighting back against fraud, and protecting your data. For those of us in the tech space, it is important for us to recognize the role we play in not only raising awareness of these events, but taking the necessary steps to protect users who engage with our products and services. Trua invites you to join us in shining a light on these issues, as well as the call for safer solutions to protect user data. Want to show your support for fraud awareness? Become a supporter at: https://www.fraudweek.com/ #fraudweek #fraudawareness #trua #genuineprescence #authenticity #safety #insiderthreats #fraud #onlinesafety #BiometricID #verifiedID #usersafety #reusableID

Don't miss Trua's Kiosk at the SYNERGY 2024 conference sponsored by Thomson Reuters. And be sure not to miss Raj Ananthanpillai on the panel "The invisible Enemy" where we'll discuss the hidden dangers of insider threats and the impacts on your organization. Be sure to find us after the presentation to learn more and connect with us. You can also hear more by checking out Raj's campfire session "Bridging the Trust Gap" to learn more about continuous evaluation and it's ability to mitigate workforce risk and combat insider threats. #Synergy2024 #ThomsonReuters #Confrence #MarketplaceRisk #Finance #Trust #Safety #Trua #Speaker #WorkforceRisk #WorkforceManagement #CE #BackgroundScreeing #BackgroundChecks #VerifiedCredentials

Don’t miss the Synergy 2024 conference, presented by Thomson Reuters! Trua’s very own Jeff Highman, and Stuart Vaeth will be attending. Be sure to look out for the Trua Kiosk (Kiosk #223) to learn more about Continuous Evaluation and how you can catch insider threats that may affect your organization. In addition Trua founder and CEO Raj Ananthanpillai will be participating as a speaker in the panel "The Invisible Enemy - Addressing insider Risk in the Finance Industry". You won't want to miss this discussion. We look forward to the opportunity to connect with all those attending, hope to see you there. For more on SYNERGY 2024 be sure to head over to https://lnkd.in/gXvu_NFk for event info and registration. #Synergy2024 #ThomsonReuters #Confrence #MarketplaceRisk #Finance #Trust #Safety #Trua #Speaker #WorkforceRisk #WorkforceManagement #CE #BackgroundScreeing #BackgroundChecks #VerifiedCredentials

Trua is excited to announce that we’ve been granted a new patent for our innovative method of creating dynamic trust profiles with a first-party, consumer-centric workflow, where an individual directly verifies and manages their own personal data during identity verification and screening. This 6th patent for Trua represents a revolutionary shift in screening—moving away from cumbersome, one-time, third-party screening to an intelligent, privacy preserving dynamic trust verification system that adapts in real-time to evolving risk factors. Check out the full announcement here: https://lnkd.in/eMpW6_xT #Trua #InTheNews #ReuseableID #MarketplaceRisk #patents #technology #IDcredentials #IDVerification #decentralizedID #personhoodcredentials #TrustCredentials ?#backgrundscreening #employmentscreening

In the age of AI, maintaining trust becomes more difficult for businesses, creating a clear need for a solution. Researchers from OpenAI and MIT recently published the following white paper: https://lnkd.in/gm7T5muF where they call for the adoption of “personhood credentials”. Trua has been at the forefront of these discussions since our creation, see CEO Raj Ananthanpillai’s thoughts on the matter, as he shares his professional opinion on the future or reusable verified credentials: https://lnkd.in/edw6E_XX #Trua #AI #Trust #Safety #digitalcredentials #reuseableID #reusablecredential #IDverification #LivenessDetection #deepfakes #genuineprescence #authenticity #personhood #MarketplaceRisk

Trua is pleased to announce the launch of the next-generation of Continuous Evaluation from Endera. Endera’s new CE platform represents a significant advancement in workforce risk management. By leveraging innovative technologies and aligning with modern security practices, it equips organizations to better manage and mitigate risks, ensuring ongoing compliance and security. With Innovative Features such as: - Enhanced Identity Proofing with Blockchain Technology: The platform utilizes advanced identity proofing techniques and blockchain technology to ensure individuals’ authenticity, enhancing trust and security in workforce monitoring. - Streamlined Compliance with Audit-Ready Reporting: Endera’s platform includes compliance snapshots and reporting tools that simplify the creation of comprehensive, audit-ready reports, helping organizations meet regulatory requirements efficiently. - Zero Trust Architecture Alignment: Designed to align with Zero Trust principles, the platform continuously verifies trust, ensuring robust security in dynamic environments, including distributed workforces and frequent third-party interactions. Official press announcement: https://lnkd.in/efBji9nQ Visit truame.com/trua-ce/ or Endera.com to learn more. #Endera #CE #ContinuousEvaluation #workforcerisk #marketplacerisk #employeescreening #backgroundchecks #safety #fraudprevention #efficiency

The rise of job scams has reached unprecedented levels, with a staggering 118% increase reported over the past year, according to the Identity Theft Resource Center - Nonprofit's 2023 Trends in Identity Report. This alarming trend serves as a critical wake-up call for HR professionals, underscoring the urgent need for more secure and reliable identity verification processes. The future of trust in the job market hinges on adopting innovative solutions in identity verification and trust establishment. As HR practitioners look to the future, they must understand the importance of their role in combating job scams. Trua spoke to these trends back in July, now our article is being featured on HR.com. Check it out here: https://lnkd.in/eK7Ad9rU #JobScams #ITRC #HR #InTheNews #Fraud #Trust #Safety #ContinousEvaluation

The NYC Marketplace Risk conference concluded earlier this week, and there was much discussion to be had about growing concerns of safety when it comes to digital marketplaces, and how consumers no longer trust companies to detect fraud and protect their data. Many have tried to solve this issue by implementing new types of identity verification into their processes, utilizing AI and machine learning technology to allow users to verify their identity easier than before. However most of these systems sacrifice accuracy for speed, often missing the critical components of trust. Whether for hiring, onboarding, or marketplace member verifications, companies need to focus on having precise tools for verifying identities and criminal background records, in order to ensure genuine trust: https://lnkd.in/da-MSiWW #MarketplaceRisk #Trust #Trua #Trust&Safety #Safety #Fraud #verification #IDverification #DigitalID #usertrust #DigitalMarketplace #ConsumerTrust #MarketplaceRisk2024

Trua is excited to announce that our partners at Thomson Reuters will be hosting a webinar via Microsoft Teams on "Managing Workforce Risk: Insights from an Insider Risk Expert" next Tuesday, September 17th at 1:00PM EST. This webinar will be hosted by Trisha DeLucia and Mark Sullivan and is specifically geared towards all C-Level Executives, General Counsel, Compliance, Risk, Corporate Security, Fraud, Investigators, Insider Risk, and Threat Intelligence Teams. Be sure to tune in to learn how Continuous Evaluation(Endera) can benefit your organization to protect people, customers, and sensitive data for your brand. Use the following link for more information on the event: https://lnkd.in/evJnsyph ?? Register now: https://lnkd.in/enm3Y4tz #ThomsonReuters #WorkforceRisk #InsiderRisk #ContinuousEvaluation #SecurityStrategies #CE #Endera #Trua #Partnership #PersonalData #Dataprotection