Credit unions offer unique services to a unique member base - and they face unique challenges when rolling out multifactor authentication across all of their banking channels. Michel Nerrant of Crossmatch discusses how new biometric solutions can meet CU needs.
Apple's latest desktop operating system, High Sierra, has a massive vulnerability that allows anyone to create, without a password, a "root" account that has access to all files on the computer. It's the third authentication-related fumble found in High Sierra since its general release in September.
As third-party companies are introduced into the banking ecosystem, they add a new layer of complexity and potential opportunity for fraud, because they detach the bank from direct interaction with the end user. The new applications and services that are developed expand the fraud potential exponentially, and can...
Financial organizations need to more accurately assess risk in the open banking environment. It's not enough to just get any generic analytics engine that can incorporate data from different interaction channels. A bank's fraud team must be able to identify cybercrime risk, payment risk and customer behavior, in...
Identity and Access Management (IAM) programs are becoming increasingly essential to securing critical systems and data; last year, companies spent $7 billion on IAM, most on protecting user credentials, but almost nothing protecting keys and certificates, the credentials that identify and authorize machine-to-machine...
Is your organization exposed to an attack that misuses SSH keys?
You know that your organization is using SSH to safeguard privileged access. But you may not realize that your SSH keys could be vulnerable to insider and cyber threats.
The majority of those we surveyed didn't. Results from a 2017 study show that...
A report on new White House rules on when to disclose cybersecurity vulnerabilities to software vendors leads the latest edition of the ISMG Security Report. Also, storing passcodes in clothing.
With the aim of protecting data privacy, the government of Singapore is considering taking steps to greatly reduce the use of the National Registration Identity Card numbers for verifying consumers' identities.
The face-off between security researchers and biometric authentication continues, with a group from Vietnam claiming to have fooled the facial-recognition system, called Face ID, that's built into Apple's latest iPhone by using a handmade mask that includes 3D printouts and a silicone nose.
In a world of constant data breaches, where all consumer PII data is exposed, financial institutions are seeking innovative ways to authenticate customers, verify identity and prevent account takeover. This is leading to investment in a world of innovative authentication methods but that also means FIs find themselves...
During the past year alone, we've witnessed a number of devastating cyber attacks, from the massive Equifax breach to the seemingly never-ending Yahoo! breach.
The 2nd annual Inside the Mind of a Hacker report was created to shed light on the makeup of the bug hunting community and gain insight and understanding into...
Nearly 50,000 personal records relating to Australian government employees as well as the employees of two banks and a utility were exposed to the internet due to a misconfigured Amazon storage server. The episode is the latest in a string of large breaches to hit Australia.
What happens when you need to verify a new customer? Without prior information or customer records, and when the information you rely on is publicly available, it can be challenging to determine whether an account was created by a new customer or by a cybercriminal. Download this whitepaper and learn how IBM Trusteer...
Social Security numbers, birthdates and other personal information are leaked daily in breaches around the world. That's why Frances Zelazny of BioCatch suggests a new means of digital identification.
As your bank or financial institution works to deliver digital services, you need to know that the "customer" logging into your online or mobile banking app is who they say they are. However, cyber criminals are continually introducing new and increasingly sophisticated financial malware along with convincing social...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing careersinfosecurity.com, you agree to our use of cookies.