Tag: One-time-password

Banks Are Up to the Challenge of Combating Fraud

When it comes to online banking fraud, the numbers tell the story: $21 billion: The amount stolen due to identify fraud. $3 billion: The amount stolen by cybercriminals from US banks, businesses and municipalities using financial malware. 39 percent: The amount of all computers infected with financial malware. 150 percent: The rate at which online […]

Yet another hack – passwords (and storing them) fail again

After the LinkedIn debacle, it’s depressing but not entirely surprising to see yet further reports of large-scale hacks, this time of Yahoo! losing 400,000 usernames and passwords to anonymous hackers. It seems amazing to us, working as we do in the security industry, that the passwords were stored in plaintext with absolutely no form of […]

Secure eBanking with Ezio Optical Reader – it’s easy

We recently experienced one of the biggest tech events of the year – CES 2012. A hub of technology launches, consumer experiences and computing giants jostling for attention, one of the key trends at the show was motion-enabled TV and motion-controlled devices (think Tom Cruise using a Minority Report-style control of content on screens and […]

Should we trust an internet browser?

Where does trust come from? In Ericka Chickowski’s article on the future of the internet’s authentication mechanisms, she raises the debate about trust being driven by our browsers instead of through our passwords. As I wrote recently on the death of the password, I thought it important to touch upon the user’s ability to make […]