Krebs on Security

NOVEMBER 9, 2024

based technology companies. Donahue said 60 technology companies are now routing all law enforcement data requests through Kodex, including an increasing number of financial institutions and cryptocurrency platforms. “That can include control over data, like an account freeze or preservation request.”

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The Last Watchdog

DECEMBER 6, 2022

Much more effective authentication is needed to help protect our digital environment – and make user sessions smoother and much more secure. Underscoring this trend, Uber was recently hacked — through its authentication system. The best possible answer is coming from biometrics-based passwordless, continuous authentication.

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The Last Watchdog

JUNE 18, 2018

Bank patrons in their 20s and 30s, who grew up blanketed with digital screens, have little interest in visiting a brick-and-mortar branch, nor interacting with a flesh-and-blood teller. This truism is pushing banks into unchartered territory. So banks are all in. LaSalla: Back in the day it was hardware tokens for banks.

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Krebs on Security

SEPTEMBER 29, 2021

In February, KrebsOnSecurity wrote about a novel cybercrime service that helped attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. OTP Agency took itself offline within hours of that story. .

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The Last Watchdog

APRIL 24, 2025

Related: PKI and the IoT cloud One quiet but consequential development now taking root in the financial sector could prove pivotal: the emergence of a dedicated Public Key Infrastructure (PKI) framework, tailored to banks and payment networks, guided by the Accredited Standards Committee X9 (ASC X9), and being rolled out by DigiCert.

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Security Boulevard

SEPTEMBER 3, 2022

The financial services industry – from retail banking to insurance – is facing challenges from multiple different channels: from competitive pressure and regulation to the evolving security landscape. The post Authentication in the Finance Industry: Now and Next appeared first on Security Boulevard.

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The Last Watchdog

JUNE 15, 2023

The World Wide Web Consortium today announced a standardization milestone for a new browser capability that helps to streamline user authentication and enhance payment security during Web checkout. Customer authentication For the past 15 years, e-commerce has increased as a percentage of all retail sales.

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Jane Frankland

MAY 16, 2025

Here’s a breakdown of the most widespread and damaging scams today: Impersonation Scams (51% of fraud cases) where fraudsters pose as: Banks, HMRC, DVLA, or government agencies. Guilt or Authority Pressure: Messages from “your boss,” “the bank,” or “your child” asking for urgent help or discretion.

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Schneier on Security

APRIL 3, 2025

As Web technologies matured, the focus shifted to protecting the vast amounts of data flowing through online systems. The second is authentication—much more nuanced than the simple “Who are you?” The emphasis on making information available overshadowed other concerns. This is Web 2.0: the Internet of today.

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CyberSecurity Insiders

JUNE 28, 2021

If you have seen the latest banking news, you may have seen that the Competition and Markets Authority in the UK recently launched a consultation on the future of open banking to set out the principal features for open banking in its next phase of implementation. The role of Open Banking. billion people across the world.

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Security Affairs

DECEMBER 30, 2024

Cisco confirmed the authenticity of the 4GB of leaked data, the data was compromised in a recent security breach, marking the second leak in the incident. Cisco confirmed the authenticity of the 4GB of leaked data, which was compromised in a recent security breach, marking it as the second leak in the incident.

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Krebs on Security

NOVEMBER 26, 2021

Lumen Technologies Inc. Korab filed a vulnerability report with Lumen demonstrating how a simple spoofed email could be used to disrupt Internet service for banks, telecommunications firms and even government entities. Based in Monroe, La., But over the years the various IRRs made it easier to automate this process via email.

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Security Affairs

JUNE 4, 2024

Resecurity uncovered a cybercriminal group that is providing a sophisticated phishing kit, named V3B, to target banking customers in the EU. “Currently, it is estimated that hundreds of cybercriminals are using this kit to commit fraud, leaving victims with empty bank accounts. . ” reads the report published Resecurity.

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Tech Republic Security

SEPTEMBER 2, 2024

Australian banks and government are not rushing to adopt passkey authentication methods, despite the added security benefits. Learn why they lag in embracing this crucial technology.

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Banking Authentication Government Technology 169

The Last Watchdog

OCTOBER 15, 2019

Related: The Internet of Things is just getting started The technology to get rid of passwords is readily available; advances in hardware token and biometric authenticators continue apace. Push’ authentication So how do companies even begin to think about getting rid of passwords?

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Security Affairs

JULY 29, 2022

Therefore, strong authentication methods are needed. Therefore, strong authentication methods are needed to improve security without hindering user convenience. What is Strong Authentication? The IAM Security Boundary Strong authentication is a critical component of modern-day identity and access management.

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Malwarebytes

JUNE 14, 2024

On Wednesday June 12, 2024, a well-known dark web data broker and cybercriminal acting under the name “Sp1d3r” offered a significant amount of data allegedly stolen from Truist Bank for sale. Truist is a US bank holding company and operates 2,781 branches in 15 states and Washington DC.

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SecureList

FEBRUARY 8, 2024

The developers of banking Trojan malware are constantly looking for inventive ways to distribute theirs implants and infect victims. In a recent investigation, we encountered a new malware that specifically targets users of more than 60 banking institutions, mainly from Brazil.

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Banking Encryption Malware Technology 144

IT Security Guru

NOVEMBER 18, 2024

It’s interesting to note that many people will happily unlock their phone by just looking at it and have no problem tapping their bank card against a store’s point of sale terminal, but if the term password security is presented to them, they have a blank expression, or worse, shrink away. It doesn’t have to sell itself.

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Passwords Password Management Technology Authentication 101

Krebs on Security

MAY 3, 2019

A Pennsylvania credit union is suing financial industry technology giant Fiserv , alleging that “baffling” security vulnerabilities in the company’s software are “wreaking havoc” on its customers. Brookfield, Wisc.-based based Fiserv [ NASDAQ:FISV ] is a Fortune 500 company with 24,000 employees and $5.8

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CyberSecurity Insiders

AUGUST 1, 2022

While verification and authentication are terms that are often used interchangeably, they are in fact two separate operations. Digital verification and authentication play a critical role in preventing fraud and cyberattacks. For this reason, businesses employ secure data extraction tools and advanced machine learning technologies.

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The Last Watchdog

MARCH 24, 2025

There are two sides to this: 1) assessing a technology vendors cryptoagility efforts in your RFPs as a part of determining third-party tech supplier risk, 2) assessing a technology vendors capability to help you in your PQC migration as technology functionality you can use.

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Krebs on Security

AUGUST 28, 2020

Sendgrid’s parent company Twilio says it is working on a plan to require multi-factor authentication for all of its customers, but that solution may not come fast enough for organizations having trouble dealing with the fallout in the meantime. Image: Wikipedia. ” . ”

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SecureList

MAY 17, 2021

Bizarro is yet another banking Trojan family originating from Brazil that is now found in other regions of the world. Attempts have now been made to steal credentials from customers of 70 banks from different European and South American countries. The codenames are bank names written in leetspeak. ” ).

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IT Security Guru

FEBRUARY 25, 2025

A prime example is multi-factor authentication (MFA), a security process that requires users to verify their identity in two or more ways, such as a password, a code sent to their phone, or a fingerprint. MFA fatigue is simply a natural evolution in their tacticstargeting the human element instead of trying to bypass the technology itself.

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Cisco Security

NOVEMBER 2, 2022

Going beyond the hype, passwordless authentication is now a reality. Cisco Duo’s passwordless authentication is now generally available across all Duo Editions. “ Cisco Duo simplifies the passwordless journey for organizations that want to implement phishing-resistant authentication and adopt a zero trust security strategy.

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Authentication Passwords Phishing Mobile 139

eSecurity Planet

SEPTEMBER 13, 2024

Cyber security in banking has become the frontline defense against an ever-growing wave of digital threats. With billions of dollars and sensitive data at risk, banks are under constant pressure to stay one step ahead of cybercriminals. Table of Contents Toggle What is Cyber Security in Banking?

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The Last Watchdog

MAY 24, 2023

Related: The CMMC sea change NIST SP 800-207A (SP 207A), the next installment of Zero Trust guidance from the National Institute of Standards and Technology (NIST), has been released for public review. Encryption in transit provides eavesdropping protection and payload authenticity.

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Schneier on Security

MAY 6, 2019

Enable two-factor authentication for all important accounts whenever possible. Do your best to disable the "secret questions" and other backup authentication mechanisms companies use when you forget your password­ -- those are invariably insecure. Watch your credit reports and your bank accounts for suspicious activity.

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Malwarebytes

MAY 8, 2025

The campaign we are exposing today is a reminder that even the most advanced security technologies do not dissuade threat actors. Beside stealing usernames, passwords and circumventing two factor authentication, we identified malicious code capable of performing additional nefarious actions unbeknownst to the victim. The pusher.min.js

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Security Boulevard

JUNE 16, 2021

The Biggest Blocker to Open Banking Success? New Pulse Q&A research shows less than 5% of European banks are fully prepared for open banking. Consumers have come to expect fast, accessible, convenient payments using online and mobile platforms, and traditional banking is falling to the wayside in favor of open banking.

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The Last Watchdog

JUNE 3, 2022

At RSA Conference 2022 , which takes place next week in San Francisco, advanced technologies to help companies implement zero trust principals will be in the spotlight. Lots of innovation has come down the pike with respect to imbuing zero trust into two pillars of security operations: connectivity and authentication.

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Security Boulevard

FEBRUARY 16, 2021

From internal requirements that demanded secure yet efficient access for remote workforces, to external pressures such as the rise of cashless payments and other forms of frictionless financial processes, the pandemic required banks to examine and overhaul many of their processes. Addressing financial services’ key pain points.

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Krebs on Security

DECEMBER 4, 2018

I asked if this notice had been sent to everyone, and inquired whether ShareFile offers any form(s) of multi-factor authentication options that customers could use to supplement the security of passwords. We did not enforce a password reset on accounts that are using more stringent authentication controls [emphasis added].

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Krebs on Security

MAY 19, 2020

The SBU said they found on Sanix’s computer records showing he sold databases with “logins and passwords to e-mail boxes, PIN codes for bank cards, e-wallets of cryptocurrencies, PayPal accounts, and information about computers hacked for further use in botnets and for organizing distributed denial-of-service (DDoS) attacks.”

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Thales Cloud Protection & Licensing

MAY 21, 2025

Thales Sessions at Identiverse As we move the needle towards identity-centric security, five of our leading Thales experts will expound on what that looks like in terms of todays technologies. Everything Runs on Identity At Thales, we believe that everything runs on identity.

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Krebs on Security

NOVEMBER 21, 2018

The problem stemmed from an authentication weakness in a USPS Web component known as an “application program interface,” or API — basically, a set of tools defining how various parts of an online application such as databases and Web pages should interact with one another.

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