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Passwordless Authentication without Secrets!

Thales Cloud Protection & Licensing

Passwordless Authentication without Secrets! This highlights an increasing demand for advanced authentication methods like passkeys and multi-factor authentication (MFA), which provide robust security for most use cases. Similarly, in retail and manufacturing, delays caused by authentication procedures reduce overall efficiency.

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Crooks bank on Microsoft’s search engine to phish customers

Malwarebytes

We identified a new wave of phishing for banking credentials that targets consumers via Microsoft’s search engine. In this blog post, we take a look at how criminals are abusing Bing and stay under the radar at the same time while also bypassing advanced security features such as two-factor authentication.

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Fooling a Voice Authentication System with an AI-Generated Voice

Schneier on Security

A reporter used an AI synthesis of his own voice to fool the voice authentication system for Lloyd’s Bank.

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ToxicPanda Android banking trojan targets Europe and LATAM, with a focus on Italy

Security Affairs

The ToxicPanda Android malware has infected over 1,500 devices, enabling attackers to perform fraudulent banking transactions. Cleafy researchers spotted a new Android banking malware, dubbed ToxicPanda, which already infected over 1,500 Android devices. ” reads the report published by Cleafy.

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

The Last Watchdog

Perhaps not coincidently, it comes at a time when enterprises have begun adopting passwordless authentication systems in mission-critical parts of their internal operations. Fortifications, such as multi-factor authentication (MFA) and password managers, proved to be mere speed bumps. “Our One bank in the U.S. Coming advances.

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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.

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DOGE as a National Cyberattack

Schneier on Security

This approach, known as “separation of duties,” isn’t just bureaucratic red tape; it’s a fundamental security principle as old as banking itself. When your local bank processes a large transfer, it requires two different employees to verify the transaction.