One key factor in efforts to reduce reliance on passwords for authentication will be international acceptance of the FIDO Alliance's soon-to-be released protocol for advanced authentication, says Michael Barrett, the alliance's president.
Two critical steps that banking institutions need to take in 2014 to help prevent fraud are implementing big data analytics and adopting far more sophisticated customer and employee authentication, says Gartner analyst Avivah Litan.
Whether reports that the National Security Agency entered into a secret contract with security provider RSA are true or not - and RSA says they're not - the reputations of all American security vendors have been tarnished.
Call center fraud is one of the leading threats that financial institutions will battle next year because fraudsters consider the centers to be an easy target. But what can be done to mitigate this threat?
Knowledge-based authentication is no longer reliable, says fraud expert Avivah Litan, an analyst at Gartner. She explains why so-called behavioral authentication is the only reliable way to verify users.
NIST awards a total of $7 million in grants to five organizations to develop and pilot reliable and easy-to-use identity credentials that could help build trust in online commerce and boost the economy.
Account takeover techniques are getting more sophisticated; new "account checkers" are helping hackers automate their processes. The trend is just one more reason why we need advanced forms of authentication.
White House Cybersecurity Coordinator Michael Daniel sees significant savings in continuous diagnostics because the automated approach to identifying systems vulnerabilities could replace costly checklist compliance reporting.