Tag: Authentication

Fax for the memories

Last week, I was perplexed to have someone ask me: ‘What’s your fax number?’. The relative novelty of receiving a fax led us to wonder why, in this digital age, they are not now totally obsolete? The answer: signatures.

5 reasons to up eBanking security – N°4 it’s not…

Adding an additional security device into online banking at the client’s own PC, commonly referred to as multi-factor authentication, significantly changes the game for cyber criminals. This might take the form of a bank-issued smart card and individual reader or a USB token that the bank customer uses when online.

Save a Whale… Save your Job!

When I refer to a whale, I am referring to your boss or, in some cases, you! A whale in information security lingo is a person with significant assets or access and whaling (as outlined by Bob Violino on CIO) is but one of many types of cyber attacks that are evolving. From phishing and pharming to spear phishing, the list goes on.

The state of online banking in the Americas

The Americas are no different from other parts of the world – online banking is becoming second nature. The latest instalment of our world tour of ebanking security features cases from across North & South America including Mexico and the USA.

Why should a small town be worried about its banking…

Did you hear about the unfortunate heist in Eliot, ME in the US, earlier this month? As reported by blogger-turned-detective @briankrebs, computer crooks in Eastern Europe stole $28,000 from the New England town of Eliot in Maine. Brian Krebs alerted the town controller to the possibility that its accounts were being emptied as money was […]

Pros and cons of mobile tokens in authentication

I recently discussed the future of the online banking industry and how the FFEIC should shape its next set of guidelines to ensure the safety of both banks and their customers in the years ahead. However, one area which I didn’t explore in that post is the mobile platform, and the role it has to play […]