To boost security and eliminate the need for passwords, MasterCard plans to later this year roll out a facial biometrics app for authentication of online purchases. But some experts warn that biometrics technology is not fool-proof and should only be deployed as part of a layered authentication approach.
In 2013, Apple introduced Touch ID, a biometric technology that brought convenient fingerprint recognition to a mass consumer
audience. Banks have gravitated to Touch ID
because it provides them with a device-based technology
they may leverage to secure the mobile banking platform, and,
in turn reduce their costs...
Banks can no longer view mobile banking as a "new channel" or optional service. It is now the preferred form of banking for an entire generation of customers and, arguably, the single biggest banking innovation since the advent of the ATM.
Banks in particular have gravitated to Touch ID technology because it...
Despite the frequency of healthcare data breaches, only half of U.S. hospitals have the infrastructure to support two-factor authentication, according to a new report. Plus, some information security leaders say implementation of the technology at many of those facilities is likely relatively narrow.
Defeating biometrics-based security with far-fetched schemes, such as stealing or replacing eyeballs and fingertips, is a recurring theme in the movies. But real-world advances in authentication will help make it difficult to circumvent real-world security.
The severity of the U.S. Office of Personnel Management breach continues to grow, with investigators now reporting that hackers stolen 5.6 million people's fingerprint data. The theft may have security implications well into the future.
For contact centers, the effectiveness of security questions is declining. Professional fraudsters can successfully answer questions using stolen customer records from growing cyberbreaches and customer experience is impacted by adding more security questions.
Is there a way for more powerful fraud detection...
With so much stolen PII available to fraudsters, it's time for banks and others to move to more sophisticated forms of authentication of customers' identities. Knowledge-based authentication is no longer reliable.
Today's constantly evolving advanced malware and APTs can evade point-intime defenses to penetrate networks. Security professionals must evolve their strategy in lock-step to confront these advanced threats before, during and after attacks. NSS Labs recently cut through the noise surrounding advanced threats and the...
More and more companies today are finding themselves under a multitude of common and advanced malware attacks. As a security professional or IT manager, you are likely struggling to effectively identify attacks, let alone prioritize the most dangerous ones that should be addressed first.
With the Cisco® Advanced...
It is not too far when most enterprises will experience doomsday scenarios, as cyber threats are only increasing faster than the ability to implement security improvements. One cannot deny the fact that even those organizations employing good cyber practices are being penetrated, as hackers are getting more...
Despite advances by the security industry, criminals continue to break through security defenses. And attackers now realize that bigger and bolder attacks are not always better. New threat intelligence and trend analyses reveal how attackers take advantage of the gaps between the defenders' intent and action.
The...
Cisco AMP Threat Grid combines static and dynamic malware analysis with threat intelligence into a single, unified solution. It integrates real-time behavioral analysis and up-to-the-minute threat intelligence feeds with existing security technologies, protecting you from both known and unknown attacks.
Download...
Organizations constantly faces security issues as the workforce, technologies, and regulations change. And, as network perimeters dissolve, security considerations and concerns change. With more devices accessing your network, is your corporate mobile device security policy adequate and effective?
The Cisco®...
MasterCard's Oliver Manahan says merchants and issuers must embrace stronger cardholder authentication and security methods, such as biometrics and tokenization, to ensure payment card data is secure.
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