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