With the Cosmos bank attack still fresh in memory, some security experts are urging the Reserve Bank of India to take immediate steps to upgrade the security capabilities of banks. For example, they want banks to do away with user-based one-time passwords delivered via text messages.
The latest version of the NIST Cybersecurity Framework - Version 1.1 - includes more information on supply chain risk management, authentication, authorization, identity proofing and self-assessing cybersecurity risk management, says Matthew Barrett of the National Institute of Standards and Technology.
In an interview, Rohas Nagpal, a chief architect at Primechain Technologies, describes how blockchain can be used for authentication and pinpoints areas where blockchain is not the ideal technology. He'll be a featured speaker at ISMG's Security Summit in Mumbai Thursday.
ISMG's Security Summit in Mumbai on Nov. 29 will offer insights from CISOs and other experts on hot topics, including setting the boardroom security agenda, using cyber threat intelligence, preventing fraud through the use of blockchain, securing digital payments and preparing for a breach notification law.
A database security blunder revealed on Friday serves as a reminder that the days of SMS-based authentication should be over. The exposed database, which wasn't protected by a password, contained 26 million text messages, many of which were two-step verification codes and account-reset links.
French film production and distribution company Pathe fired the two senior managers overseeing its Dutch operations after they fell victim to a business email compromise scam and approved $21 million in transfers to fraudsters. Many organizations remain at high risk from such scams.
As we approach 2019, is it realistic to think the end of our dependency on traditional user names and passwords is in sight? Shane Weeden, and authentication expert with IBM Security, discusses the future of authentication and why he's encouraged by the FIDO2 initiative.
Identity and access management is not about compliance anymore - It's really about security, says Gartner's Felix Gaehtgens. With cloud, virtualization, DevOps and other IT trends, IAM has evolved from being a one-off project to an ongoing initiative.
Australian police have charged a woman in the theft of AU$450,000 (US$318,000) worth of the virtual currency XRP, also known as Ripple, in one of the largest cryptocurrency thefts from a single victim. The case highlights how basic security messaging on protecting cryptocurrency isn't getting through.
Attention admins: If you use libSSH - one of the open-source flavors of Secure Shell, or SSH - patch now. The advice follows the disclosure of a vulnerability that one expert, Paul Ducklin of Sophos, terms "comically bad."
What can organizations do to thwart business email compromise attacks? In an interview, David Stubley, CEO of the consultancy 7 Elements, outlines several key steps. He'll be a featured speaker at Information Security Media Group's Security Summit: London, to be held Sept. 23.
As more companies move away from passwords toward behavioral biometrics, they face new challenges, says Rajiv Dholakia, vice president, products at Nok Nok Labs. "There are no standards as such in this area on how the information is collected, how it's stored and how it's processed," he says.
Warning: Attackers behind the recently revealed Facebook mega-breach may still be able to access victims' accounts at some third-party web services and mobile apps, and Facebook has offered no timeline for when a full lockdown might occur - although there are no signs of third-party account takeovers.
Step away from the social media single sign-on services, cybersecurity experts say, citing numerous privacy and security risks. Instead, they recommend that everyone use password managers to create unique and complex passwords for every site, service or app they use.