RSA SecurID is a two-factor authentication solution that is widely used and regarded as the pioneer product of hardware and software token authentication.
Security vendor RSA is providing remediation steps for customers to strengthen their RSA SecurID implementations in light of an advanced persistent threat attack directed at its two-factor authentication product.
Executive Chairman Art Coviello says an attack categorized as an advanced persistent threat has resulted in data being extracted from RSA's IT systems, potentially reducing the effectiveness of current, two-factor authentication.
It's serious news that RSA's SecurID solution has been the target of an advanced persistent threat. But "It's not a game-changer," says Stephen Northcutt, CEO of SANS Institute. "Anybody who says it is [a game-changer] is an alarmist."
Global banking institutions can learn from Japan's disaster planning and response. And a sophisticated cyberattack is launched against RSA, targeting the security unit of EMC's SecurID two-factor authentication products.
Global banking institutions can learn from Japan's disaster planning and response. And a sophisticated cyberattack is launched against RSA, targeting the security unit of EMC's SecurID two-factor authentication products.
"Persistent" is the operative word about the advanced persistent threat that has struck RSA and its SecurID products. "If the bad guys out there want to get to someone ... they can," says David Navetta of the Information Law Group.
The announcement by RSA that it had been a victim of an advanced persistent threat shook the global information security industry. Stephen Northcutt of SANS Institute and David Navetta of the Information Law Group offer insight on what happened, what it means and how to respond.
Fraud, risk management emerging technologies -- these issues know no boundaries. That's why we're launching a series of new international BankInfoSecurity sites to draw proper attention to local issues that impact the global banking industry.
Current solutions are good at authenticating users, but not the integrity of the transactions, says Rik Ferguson of Trend Micro. "We're not authenticating the right things."
Adequate funding for privacy and security measures is essential to the success of sharing electronic health records to improve the quality of care, says William Braithwaite, M.D., Ph.D.
"Multifactor authentication is perceived by many as being the panacea," says Rik Ferguson of Trend Micro. "[But] the real problem is: We're not authenticating the right things."
The Internet is inherently insecure, and the only way to ensure today's evolving information systems is to build them upon three pillars of trust. This is the premise of Mike Ozburn, Principal at Booz Allen Hamilton, which has just authored a new white paper about these pillars.
Banking/security leaders aren't crazy about banking regulators telling them they could have done a better job detecting ACH fraud, and they're eager for more specific guidance on what to do going forward.
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