One key factor in efforts to reduce reliance on passwords for authentication will be international acceptance of the FIDO Alliance's soon-to-be released protocol for advanced authentication, says Michael Barrett, the alliance's president.
Healthcare organizations can now take advantage of a growing number of resources offering guidance on improving medical device security. Learn about the latest security assessment framework that's now being tested.
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.
In a groundbreaking effort to boost security, HSBC Bank USA is now requiring its retail banking customers to use dual-factor authentication for certain sensitive online banking transactions, says LuAnne Kingston, senior vice president.
Call center fraud is one of the leading threats that financial institutions will battle next year because fraudsters consider the centers to be an easy target. But what can be done to mitigate this threat?