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The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Image: Hold Security.

Banking 279
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Banks, Arbitrary Password Restrictions and Why They Don't Matter

Troy Hunt

Allow me to be controversial for a moment: arbitrary password restrictions on banks such as short max lengths and disallowed characters don't matter. Also, allow me to argue with myself for a moment: banks shouldn't have these restrictions in place anyway. for my *online banking*. 6 characters.

Banking 273
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As Seen on Channel 5’s Vanessa (Feltz) Show: What to Do if You’re Targeted by a Scam

Jane Frankland

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.

Scams 130
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Top Unexpected Ways to Utilise a Password Manager for Enhanced Security and Organisation

IT Security Guru

Password managers have become integral tools for individuals and businesses alike. They are primarily known for securely saving and managing login credentials so users don’t have to remember them all or write them down, where they could be compromised.

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The Stealthy Success of Passkeys

IT Security Guru

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. So, it’s undoubtedly already out there.

Passwords 101
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Truist bank confirms data breach

Malwarebytes

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. Change your password.

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MY TAKE: Businesses gravitate to ‘passwordless’ authentication — widespread consumer use up next

The Last Watchdog

Passwordless technology is certainly ready for prime time; innovative solutions from suppliers like Cisco’s Duo, Hypr, OneLogin and Veridium have been steadily gaining traction in corporate settings for the past few years. Fortifications, such as multi-factor authentication (MFA) and password managers, proved to be mere speed bumps.