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.
Even a few weeks after the RBI announced its plan to consider removal of the two-factor authentication requirement for small-value transactions, security critics continue to react strongly against the notion.
In the wake of an "inebriated" government employee crashing a drone on the White House lawn, federal officials sound warnings over the potential weaponization of consumer drones. But is it anything more than a Hollywood-style movie plot?
The increase in sophisticated hacking attacks will lead other sectors to follow the lead of the financial services industry in implementing multifactor authentication, says Ken Hunt, CEO of VASCO Data Security International.
Is Amazon India on the verge of extending its online payments gateway to offline sellers and kiranas? And if so, what are the potential business implications and security risks for Indian organizations?
The Reserve Bank of India is considering removal of its two-factor authentication requirement for small-value transactions. The goal: to facilitate easier transactions. But security experts fear the move may actually increase fraud.
A new report now claims the breach at JPMorgan Chase is linked to a server the bank's security team overlooked when upgrading to two-factor authentication controls. Why that oversight and a well-planned spear-phishing attack were all hackers needed.
Security experts see the FIDO Alliance's release of two universal authentication specifications as a positive move in the effort to eliminate passwords. But the standards' impact will be minimal unless they're widely adopted.
A recent blog post by Managing Editor Mathew J. Schwartz, "Why Are We So Stupid About Passwords?" raised a number of issues about the ongoing risks involved in using passwords for authentication. Read the strong reaction to the commentary and join the conversation.
The latest entrant into the password "hall of shame" is Sony Pictures Entertainment. As the ongoing dumps of Sony data by Guardians of Peace highlight, Sony apparently stored unencrypted passwords with inadequate access controls.