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Combat Student Loan Fraud with Okta and LexisNexis Risk Solutions
Hosted By: Okta, LexisNexis, & 探花视频
Moving away from inefficient legacy cybersecurity solutions and practices is critical to helping colleges and universities stop student financial aid and identity fraud.
Applicant's identities are rarely verified, which can result in colleges and universities issuing funds to bad actors instead of students. What ends up happening is institutions have to repay the lost funds. This can cost millions of dollars.
Luckily, Okta and LexisNexis Risk Solutions realize the need to streamline student identity and access management by providing risk-based identity authentication for finance departments and learning management systems.
Attendees joined us for a live webinar where they learned how Okta Identity Authentication and LexisNexis Risk Solutions combined effort provides:
- Automated bot detection and identity proofing that allows students to apply for aid securely while fraudsters are denied
- Easy integration capabilities with no coding required, allowing the existing IT infrastructure to process legitimate student aid loans as intended
- Fraud mitigation, stopping the misappropriation of funds meant for students and the stealing of identities for fraudulent purposes
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Resources
Technology Brief- RiskSense Risk-Based Vulnerability Management
Threat and vulnerability management is the toughest job in cybersecurity. Security analysts must wade through piles of vulnerabilities to determine which ones matter today knowing that they鈥檒l have to repeat the same process tomorrow with the same incomplete data. The result is 鈥渃yber risk mayhem鈥�, in which it is impossible to know at the end of the day if the enterprise is more secure or less so. While many active threats continue to use older well-known vulnerabilities, the ransomware epidemic has only increased the urgency for security teams to identify, prioritize, and act to counter the most dangerous and active exploits. Download the resource to learn more!
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