Cambridge Savings Bank in Massachusetts is incorporating biometrics into its online and mobile banking platform as a way to limit, and in some cases remove, the need for username and password authentication. In this case study interview, two bank executives discuss what others can learn from the project.
To boost security and eliminate the need for passwords, MasterCard plans to later this year roll out a facial biometrics app for authentication of online purchases. But some experts warn that biometrics technology is not fool-proof and should only be deployed as part of a layered authentication approach.
Defeating biometrics-based security with far-fetched schemes, such as stealing or replacing eyeballs and fingertips, is a recurring theme in the movies. But real-world advances in authentication will help make it difficult to circumvent real-world security.
The severity of the U.S. Office of Personnel Management breach continues to grow, with investigators now reporting that hackers stolen 5.6 million people's fingerprint data. The theft may have security implications well into the future.
The Gartner Security and Risk Management Summit tackles digital business, a concept that blurs the physical and digital worlds, and requires organizations to reconsider how they approach IT security and risk management.
This year's Infosecurity Europe conference in London - celebrating its 20th anniversary - decamped from Earl's Court to the glass-topped, 19th-century Olympia Conference Center, and featured more than 300 exhibitors and 200 speakers.
The White House Summit on Cybersecurity and Consumer Protection late last week served as the stage for more than a dozen companies and trade groups to announce new initiatives aimed at securing Internet transactions and payments and reducing fraud.
MasterCard is testing a biometric wristband that authenticates a user's identity for payment card transactions by monitoring their heartbeat. Payment experts weigh in on whether the technology has the potential for widespread use in preventing card fraud.
A researcher says he tricked the Touch ID biometric fingerprint scanner built into the new iPhone 6, using a fake fingerprint created with glue. But it remains to be seen how well would-be fraudsters could employ this technique.
Initial reports suggested that Russian hackers could behind an attack against JPMorgan Chase, and perhaps other U.S. banks. While it's still far from clear who the culprits are, experts discuss the potential hacking motivations of a nation-state.
A new study shows the accuracy of facial recognition algorithms has markedly improved over the past three years, though one of the report's authors suggests they're not at the level to be a highly reliable form of authentication.