Are we seeing the death of the password?6
Posted on 5th Sep 2011 by Gemalto in Enterprise
Joey Muniz (The Security Blogger) wrote recently about how it is becoming increasingly straightforward for potential hackers to find out your passwords, due to the predictable nature of way people select a password.
This useful cartoon from xkcd shows how easy it can be to obtain passwords, also suggesting a simple way in which to boost your security.
I absolutely agree with Joey’s statement that you need two-factor authentication in order to safeguard your data in today’s world. Usernames and passwords are free, but you get what you pay for – and effective security is not usually free.
The challenge lies in the fact that most companies are afraid of the cost and difficulty of rolling out a more secure authentication solution. But in reality the real question should be ‘what is the cost of not moving to strong authentication?’
McAfee recently revealed that 72 different organizations around the world have been victims of cyber-spying. With attacks likely to increase, it is important to note that strengthening your access controls ensures that you have a higher level of security for all those who are attempting to access the network.
Microsoft has made some progress in helping support strong authentication by incorporating the support of smart cards into both Windows 7 and Server 2008, and there are easy downloads to upgrade earlier versions. But one of the most important things that companies need to consider is risk-appropriate authentication levels. This simply means making sure you have the right level of security for your organizational level. By implementing risk-appropriate authentication for users who do not need access to sensitive information (remote sales persons, contractors) a company could use OTP authentication that is stronger than username and password, but only provides access.
For users who have greater access privileges and depend on communication or the transfer of confidential information (legal, executives or board members) companies should think about migrating to certificate-based or PKI authentication. With Microsoft’s support, this type of authentication comes with additional benefits like email encryption and digital signature. Once enabled, it is as easy as clicking a button in Outlook to send an encrypted email to another person within the same trust framework. The process is equally as simple for digitally signing a document or Excel spreadsheet.
Companies need to take a hard look at who has access to what and must move the higher level users to a stronger form of authentication. To do anything less would be irresponsible.
Tags#GemaltoNFC 4G Apple BYOD Barcelona Digital Security EMV Facebook Gemalto Isis LTE M2M MasterCard Mobile NFC OTP Payments SIM SMS Twitter USA Visa authentication banking cio cloud contactless convenience digital ebanking fraud identity innovation internet of things machine-to-machine mobile marketing mobile payment mobile wallet mobile world congress mobile payments multi-factor authentication online banking password passwords security smartphone social media strong authentication technology two factor authentication
Around the siteRecent Posts
- What is the power of wireless modules in a connected world? - 24/04/14 @ 07:39
- Facebook offers mobile payments – ‘Like’ - 22/04/14 @ 12:35
- Do you "speak" EMV? Six terms you need to know to get ready for EMV payments - 22/04/14 @ 01:00
- 96 Hours Later, What Does Heartbleed Mean for Your Business? - 14/04/14 @ 07:35
- Making mobile payments the norm - 11/04/14 @ 08:59
- I hope they enable the contactless payment componen... - 19/03/14 @ 03:43
- Mobile payments providers are widespread around UK ... - 15/03/14 @ 08:34
- I have OWA for Exchange 2003 working with smart car... - 06/03/14 @ 05:32
- Biggest issue with mobile beacons seems to be makin... - 04/03/14 @ 11:15
- Google will win, IMO. I just can't wait for this.... - 24/02/14 @ 09:59
- Gemalto (182)
- Marta Bordonada (52)
- Tim Cawsey (51)
- Dominique Brulé (26)
- Jennifer Dean (22)
- John Ahlberg (19)
- Philippe Benitez (19)
- Ken Abbott (17)
- Kristel Teyras (17)
- Manfred Kube (13)
- Neville Pattinson (13)
- Isabelle Lodo (11)
- Jack Jania (11)
- Brittany Jedrzejewski (10)
- Stéphanie Viriot (9)
- Axel Hansmann (9)
- Cecile Eurendjian (8)
- Kim Depussé (8)
- Michelle Leech (7)
- Nicole Smith (7)
- Ernesto Haikewitsch (7)
- Paul Kobos (6)
- Muriel Charriere (5)
- Vincent Truffier-Blanc (5)
- Naomi Lurie (5)
- John Lineberger (4)
- Laurence Cohen (4)
- Agnes Hammond (4)
- Arta Sylejmani (3)
- Paul Beverly (3)