Simple credentials, such as passwords, are a hacker's best friend, says Phillip Dunkelberger of Nok Nok Labs, a founding member of the FIDO Alliance. That's why the alliance is working to reduce reliance on passwords by enabling advanced authentication.
Two critical steps that banking institutions need to take in 2014 to help prevent fraud are implementing big data analytics and adopting far more sophisticated customer and employee authentication, says Gartner analyst Avivah Litan.
Leading this week's industry news roundup, FireEye Inc. announced the rollout of FireEye OS 7.1., an update to the FireEye OS. See additional news from Arbor Networks, HID Global and more.
As patient portals become more common in 2014, healthcare providers will struggle to find a balance between implementing strong authentication practices and providing individuals with easy access to records, says privacy attorney Adam Greene.
To help reduce reliance on passwords, the FIDO Alliance is developing standard technical specifications for advanced authentication. Michael Barrett and Daniel Almenara of FIDO describe the impact the effort could have in 2014.
Buried deep within a 308-page report from a presidential panel on ways to tighten federal surveillance and IT security programs are important recommendations on how to mitigate the insider threat at federal agencies.
Whether reports that the National Security Agency entered into a secret contract with security provider RSA are true or not - and RSA says they're not - the reputations of all American security vendors have been tarnished.
The financial services industry is not collaborating effectively to address online payment risks, says Scott Dueweke of Booz Allen Hamilton, who offers insights on effective fraud-fighting steps.
Receiving a notification letter about a data breach brings home the reality of just how common these incidents are - and how much prevention work, including encryption, still needs to be done.
Hackers have pilfered some 2 million user passwords and credentials for Facebook and other social media and Internet sites, according to IT security provider Trustwave. The hackers attacked computers in about 100 nations.
Ensuring strong authentication of users while maintaining ease of use is a difficult challenge for health information exchanges nationwide, says David Whitlinger of New York's statewide HIE.
Financial institutions and businesses in other sectors must continually collect information about their online customers to ensure stronger authentication, says Avivah Litan, a fraud expert and analyst for the consultancy Gartner.
Inadequate authentication is among the greatest security challenges for online payments, says Scott Dueweke of Booz Allen Hamilton, who suggests biometrics needs to play a bigger role.
Reliable statistics to track trends in cybersecurity employment are scarce. But the available numbers offer some insights, including the relative strength of the IT security workforce.
Knowledge-based authentication is no longer reliable, says fraud expert Avivah Litan, an analyst at Gartner. She explains why so-called behavioral authentication is the only reliable way to verify users.
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