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The Rise of One-Time Password Interception Bots

Krebs on Security

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. An ad for the OTP interception service/bot “SMSRanger.”

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Still Using Passwords? Get Started with Phishing-Resistant, Passwordless Authentication Now!

Cisco Security

. “Over the last few years, we have increased our password complexities and required 2FA wherever possible. With this approach, employees had more password lock outs, password fatigue, and forgetting their longer passwords due to password rotations. Phishing resistant passwordless authentication with FIDO2.

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GUEST ESSAY: ‘Continuous authentication’ is driving passwordless sessions into the mainstream

The Last Watchdog

Consider that some 80 percent of hacking-related breaches occur because of weak or reused passwords, and that over 90 percent of consumers continue to re-use their intrinsically weak passwords. It’s no surprise that passwordless authentication is at the core of Gartner’s report on emerging technologies and trends for 2022.

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Tackling DORA Compliance With a Focus on PAM

IT Security Guru

The Digital Operational Resilience Act (Regulation (EU) 2022/2554) was born from a realisation that businesses, particularly those in financial services, rely increasingly on Information and Communications Technology (ICT) and digital means to operate. DORA takes effect in January 2025.

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SHARED INTEL: Akamai reports web attack traffic spiked 62 percent in 2020 — all sectors hit hard

The Last Watchdog

Some instructive fresh intelligence about how cyber attacks continue to saturate the Internet comes to us from Akamai Technologies. billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. Financial services is, and always will be, a top target for criminals.

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GUEST ESSAY: 7 tips for protecting investor data when it comes to alternative asset trading

The Last Watchdog

Enforce a culture of strong passwords, two-factor authentication and responsible data access practices to foster a security-conscious culture. About the essayist: Brian Nadzan, is CTO/CISO of Templum , a provider of technology and infrastructure solutions for the private markets.

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Digital Onboarding: Convenience Meets Security in Banking

Thales Cloud Protection & Licensing

The balancing act: Key technologies to achieve secure and user-centric onboarding While a clear convenience factor has driven banking customers online, digital transactions and the exchange of sensitive information in the cloud necessitate robust security measures. Passkeys, replacing passwords, emerge as the superior authentication choice.

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