In Australia, it can take as few as 15 minutes to steal someone's phone number, a type of attack known as SIM hijacking. Such attacks are rising, but mobile operators have no plans to change the authentication required around number porting, which can be set in motion online with minimal personal information.
Password management is a critical component of a security strategy that some organizations still find challenging, says Gerald Beuchelt of LogMeIn Inc.
Traditional Authentication is not a standalone fraud killer. One Time Passwords, Biometrics, Mobile Authentication via PUSH or SMS, these technologies by themselves are being subverted by new attacks. 15 years ago, with FFIEC guidance, One Time Passwords reduced fraud by themselves by over half. Today, new forms of...
Security technology innovations entering the market are getting attached as features to an infrastructure that is fundamentally broken and an enforcement model that cannot operate in real time, says Matthew Moynahan, CEO at Forcepoint.
Intelligence adaptive authentication represents the latest advance in authentication and risk analysis - with a dose of machine learning - to help organizations authenticate users and battle fraud in real time, says OneSpan's Will LaSala.
In the wake of digital transformation and several large, high-profile data breaches - and at a time where all the personal information is shared in the social network - traditional forms of digital identity verification are no longer valid.
Customers have zero patience for extra steps, and yet they expect their...
The FIN7 cybercrime gang regularly phoned victims, posing as buyers, to trick victims into opening phishing emails and attachments with malware, federal prosecutors allege. The group's success - 15 million stolen payment cards and counting - is one measure of how difficult these types of attacks are to block.
The chief security officer for the U.S. Democratic Party is recommending that all party officials avoid using mobile devices made by Chinese manufacturers ZTE and Huawei. Bob Lord says that even if devices from those manufacturers are free or low cost, no one wants to be the next "patient zero."
Reddit suffered a data breach in June after attackers managed to bypass its SMS-based two-factor authentication system. User data from 2007 and before was compromised. Security experts say the breach should serve as a reminder that using any two-factor authentication is better than none.
Data science is playing a fundamental role in a more dynamic approach to cybersecurity, says Jim Routh, CISO of Aetna, who stresses the importance of applying machine learning to front-line data security controls. Routh will be a featured speaker at the ISMG Security Summit in New York Aug. 14-15.
Banks need to improve customer identity verification by bolting on new tools, such as device reputation assessment and behavioral analytics, says Al Pascual of Javelin Strategy & Research.
Alberto Yepez of ForgePoint Capital says cryptocurrency poses new challenges for accommodating the "know your customer" process of confirming that you're "doing business with the people that you want to be doing business with."
Spear phishing attacks are in the news again following the Justice Department's indictment of Russian military intelligence officers for alleged attacks against U.S. politicians and county and state election boards. Here's how to play better phishing defense.
Blockchain, the digital ledger used for cryptocurrency, can serve as an effective identity management platform, asserts Chris Boscolo, CEO of ZNO Labs, who describes an approach he calls "self-sovereign identity."
Timehop, the social media app that resurfaces older social media posts for entertainment, says its ongoing investigation has revealed that an attacker may have compromised more personal information than it previously suspected over the course of a breach that lasted at least seven months.
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