Haywood Talcove, CEO of LexisNexis Risk Solutions’ government business, warned that financial cybercrimes exploiting artificial intelligence are not imminent but already taking place, CNBC News reported Wednesday. He noted that a new task force created by the Social Security Administration’s Office of the Inspector General to study AI is lagging behind criminal acts targeting government […] More

Haywood Talcove, CEO of the government group at LexisNexis Risk Solutions, said criminals can take advantage of artificial intelligence algorithms, particularly generative AI, to perform fraud across several sectors and that government agencies should acknowledge the threat posed by AI tools to their organizations and entitlement programs. Talcove wrote in an opinion piece published Monday […] More

Artificial intelligence-driven scams could defraud up to $100 billion from older adults in the next 18 months unless action is taken to educate such victims about the risks of the technology, Haywood Talcove, CEO of the government group at LexisNexis Risk Solutions told MarketWatch. He warned that romance scams, ransomware and fake government agency notifications […] More

Haywood Talcove, CEO of the government group at LexisNexis Risk Solutions, has joined other experts in raising concerns about using artificial intelligence to carry out financial fraud, Yahoo Finance reported. Talcove said the use of AI in financial fraud activities is what finance experts call “crime 3.0,” citing the technology’s ability to evade detection. “The […] More

Carahsoft Technology announced that it partnered with LexisNexis Risk Solutions and Okta to provide government agency customers with a risk-based authentication platform to help them counter cyber fraud. The alliance will combine LexisNexis Risk Solutions’ LexID and other offerings with Okta’s ThreatInsight, Adaptive Multi-Factor Authentication and Identity Cloud platforms to help state and local government […] More

A new report by LexisNexis Risk Solutions and the Identity Theft Resource Center has found that 42 percent of individuals who applied for pandemic-related benefits said they were victims of identity fraud that resulted in them either being denied benefits or being recipients of benefits they had not applied for. ITRC and LexisNexis Risk Solutions […] More

LexisNexis Risk Solutions has launched a platform meant to help government agencies and other public sector organizations improve identity management efforts to facilitate the delivery of benefits and other services to citizens. LexisNexis AmplifyID is a module-based platform that could streamline decision-making processes in the government by combining unique identity information with government program data […] More

Executive Mosaic is pleased to introduce Haywood “Woody” Talcove, CEO of LexisNexis Risk Solutions’ government business and LexisNexis Special Services, as a 2022 recipient of the prestigious Wash100 Award – an annual recognition of the top players within the government contracting community. Talcove is awarded this year for his persistent fraud prevention efforts and transformation of LexisNexis into […] More

TYSONS CORNER, VA, Aug 16, 2021 — Kantara Initiative certified LexisNexis Risk Solutions’ risk-based fraud prevention tool for conformance with government digital identity guidelines set forth by the National Institute of Standards and Technology, GovCon Wire reported Aug. 2. LexisNexis Risk Solutions said the conformity assessment organization granted its Kantara Trust Mark to the Risk […] More

TYSONS CORNER, VA, March 1, 2021 — LexisNexis Risk Solutions merged with Accuity in a move to offer a suite of financial risk management and compliance tools in the public sector market, GovCon Wire reported Feb 17.

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A LexisNexis Risk Solutions analysis of 24.6 billion online transactions during the second half of 2020 found that people younger than 25 and those aged 75 and older were the most vulnerable to digital fraud incidents. Data from the LexisNexis Digital Identity Network also revealed a decrease of 184 million in human-initiated cyberattacks and an increase of 100 million in botnet attacks during 2020.

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LexisNexis' risk solutions business has marked the anniversary of the Automated Delivery of Alerts on Missing Children Program launched in 2000 to support the efforts of the National Center for Missing and Exploited Children. For the last two decades, the ADAM program has assisted NCMEC in its child recovery efforts by sending out posters with photos of and details about missing children in a specific geographic search area within minutes, the company said Friday.

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