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FBI: Credential Stuffing Leads to Millions in Fraudulent Transfers

SecureWorld News

A mid-sized financial institution reported its online banking platform received a "constant barrage" of login attempts using a variety of credential pairs, indicating that the attack was using bots. Some of the credentials belonged to company leadership, system administrators, and other employees with privileged access.".

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Fed Tech News Roundup 8 July 2015

CTOvision

push IT mandates as part of cybersecurity 'sprint' FierceGovernmentIT (Today) - The Marine Corps is directing its information technology system administrators to immediately implement public key infrastructure, or PKI, encryption as part of a review of cybersecurity at the service. Privileged user authentication and PKI are.

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Averting turbulence in the air

CIO Business Intelligence

First, in-flight real-time payments are not 3DS secure—meaning, the card brands (Visa, MasterCard, America Express, Discover Financial Services, China UnionPay, and JCB International) or banks cannot verify the identity of the payer.

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Life-Like Identity: Why the Internet Needs an Identity Metasystem

Phil Windley

Because DIDs are cryptographic artifacts tied to public-private key pairs, this exchange provides the agents with the means to perform mutual authentication and create an encrypted channel. To see how credential exchange works, suppose Alice (the identity owner) is applying for a loan at her local bank (the credential verifier).

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