Alberto Yepez of ForgePoint Capital says cryptocurrency poses new challenges for accommodating the "know your customer" process of confirming that you're "doing business with the people that you want to be doing business with."
Spear phishing attacks are in the news again following the Justice Department's indictment of Russian military intelligence officers for alleged attacks against U.S. politicians and county and state election boards. Here's how to play better phishing defense.
Blockchain, the digital ledger used for cryptocurrency, can serve as an effective identity management platform, asserts Chris Boscolo, CEO of ZNO Labs, who describes an approach he calls "self-sovereign identity."
Timehop, the social media app that resurfaces older social media posts for entertainment, says its ongoing investigation has revealed that an attacker may have compromised more personal information than it previously suspected over the course of a breach that lasted at least seven months.
An Australian company that issues identity cards for access to airports has been notifying applicants and cardholders that their personal information may have been compromised, according to a news report. Australian federal police are investigating.
Timehop, an application that revives older social media posts, says the lack of multifactor authentication on a cloud services account led to a data breach affecting 21 million users. The breach exposed names, email addresses, phone numbers and access tokens Timehop used to read information from accounts.
Adaptive authentication is a new approach to combatting fraud that achieves the twin goals of reducing fraud risk and preserving the customer experience.
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The characteristics and advantages of adaptive authentication;
How behavioral biometrics and mobile apps both play...
In June, Maryland authorities used facial recognition capabilities to comb through 10 million images and identify Jarrod Ramos, the suspect in the Capital Gazette shooting, which left five people dead. One public safety official described the technology as "a valuable tool for fighting crime."
But what are the...
Humana is notifying individuals in multiple states that the company was a recent target of an "identity spoofing attack" that potentially compromised personal information of its members, including those participating in the health insurer's Go365 wellness programs.
What are hot cybersecurity topics in Scotland? The "International Conference on Big Data in Cyber Security" in Edinburgh focused on everything from securing the internet of things the rise of CEO fraud to the origins of "cyber" and how to conduct digital forensic investigations on cloud servers.
Consumers are more concerned than ever about their identities being compromised, yet they're failing to connect the dots between fear and preventive measures, according to recent research conducted by IDology. John Dancu, the company's CEO, explains the implications for businesses.
To help prevent fraud, more organizations are moving toward the use of behavioral biometrics for authentication, says Tamaghna Basu of NeoEYED, who explains how the technology works.
For attackers, "credential stuffing" - using stolen usernames and passwords to log into any site for which a user reused their credentials - is the gift that keeps on giving, says security researcher Troy Hunt. Here's how organizations can mitigate the threat.
Business cases for fraud prevention technologies have typically been based on savings related to fraud management and compliance costs. While these factors may remain of interest, the impact on the customer experience and related operational costs must take precedence.
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Leading the latest edition of the ISMG Security Report: An analysis of how distraction tactics were used during a $10 million SWIFT-related hack at Banco de Chile. Also, a wrapup of Infosecurity Europe.
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