To ensure privacy is protected, governments need to make sure standards and regulations keep pace with the latest technology developments, including facial recognition and other forms of artificial intelligence, says Steven Feldstein, an associate professor at Boise State University.
The FBI is warning banks, businesses and other organizations that cybercriminals are using social engineering and other technical techniques to circumvent multifactor authentication security protections.
Because banks, fintech firms, merchants and payments processors in the EU have struggled to meet the Sept. 14 deadline for compliance with the new PSD2 "strong customer authentication" requirements for electronic payments, it may take a while for European consumers to notice authentication changes.
A developer's use of facial recognition technology to scan the faces of pedestrians in London has sparked concerns from residents, the mayor and Britain's privacy watchdog. Meanwhile, the use of the technology is raising privacy concerns worldwide and is even becoming an issue in the U.S. presidential race.
A South Korean company that makes a biometric access control platform exposed fingerprint, facial recognition data and personal information after leaving an Elasticsearch database open, security researchers say. They found 23GB of data belonging to organizations that use Suprema's BioStar 2 system.
Biometrics may be in fashion, but it's in part because users are ready, willing and able to use it to prove their identity, thanks to Apple, Samsung, Google and other players providing trustable hardware for verifying people's fingerprints and faces, says IBM Security's Neil Warburton.
License plate and traveler photos collected at the U.S. border have been compromised after a federal government subcontractor was hacked. While Customs and Border Protection officials claim the image data hasn't been seen online, security experts say it's already available for download via a darknet site.
Online invitation site Evite has been hacked and information on an unspecified number of users stolen. In a data minimization fail, the breach apparently dates from earlier this year, but it's been tied to "an inactive data storage file associated with Evite user accounts" from before 2014.
Every day needs to be password security day - attackers certainly aren't dormant the other 364 days of the year. But as World Password Day rolls around again, there's cause for celebration as Microsoft finally stops recommending periodic password changes.
The quality of authentication provided by behavioral biometrics is improving, says James Stickland, CEO of Veridium. Nevertheless, he says, "we haven't reached a maturity level where it is used as an explicit form of authentication, but it's certainly now deemed as an implicit form of authentication."
Driven by Marriott's Starwood mega-breach, California lawmakers are pushing legislation that would expand the state's pioneering data breach notification requirements to include breaches of biometric data and all types of government identification numbers, including passports.
Fraud incidents and losses have remained steady or increased in the past year, according to ISMG's latest Faces of Fraud Survey. And the biggest fault of banking institutions' current anti-fraud controls: They rely too much on manual processes. Mike Lopez of survey sponsor Cyxtera Technologies analyzes the results and...