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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. A lack of multifactor authentication (MFA) to protect privileged accounts was another culprit, at 10%, also 7 percentage points lower than average.

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

The Last Watchdog

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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SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today

The Last Watchdog

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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Authentication in the Finance Industry: Now and Next

Security Boulevard

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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News Alert: W3C advances technology to streamline payment authentication

The Last Watchdog

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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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. OTP Agency took itself offline within hours of that story. . The 2fa SMS Buster bot on Telegram. Image: Intel 471.

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

Cisco Security

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.