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Second Factor Authentication With Security Keys

CTOvision

With the movement of our personal and business critical data to the ‘cloud’, and directed attacks on that data, many of us make use of stronger security through use two-factor authentication. According to Google, security keys provide better protection against phishing and you don’t need connections or batteries.

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PSD2 Security Requirements Are Restricting Fintech Innovation

Forrester IT

I have recently released a new report looking at the second phase of the Payment Services Directive (PSD2) and its security requirements along with my colleagues Jacob Morgan and Andras Cser. Banks and financial institutions are currently hard at work building APIs and testing their Strong Customer Authentication (SCA) solutions.

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Trending Sources

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Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication

SecureWorld News

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. Experts warn that biometric authentication alone is not foolproof.

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Cisco Duo MFA Third-Party Service Provider Breached, SMS Logs Stolen

IT Toolbox

A third-party telephony provider of Cisco suffered a breach wherein they hacked into and downloaded message logs for authentication SMS messages sent for Duo Security. The stolen data puts customers at risk of social engineering attacks to trick them into revealing credentials, carrying out financial fraud, etc.

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Optimizing PCI compliance in financial institutions

CIO Business Intelligence

In the fast-evolving world of finance, data security is of paramount importance. Financial institutions must ensure the protection of sensitive personal information, most commonly payment card data, to maintain, trust and meet various regulatory requirements. This is where a Common Controls Assessment (CCA) can play a pivotal role.

Financial 101
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New York Enhances Cybersecurity Regulations of Financial Services

SecureWorld News

On November 1, 2023, the New York Department of Financial Services (NYDFS) took a significant step toward strengthening cybersecurity defenses across the financial sector by finalizing amendments to Part 500 of its cybersecurity regulations. 15, at the Marriott Marquis Times Square. 15, at the Marriott Marquis Times Square.

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10 essential tips for bolstering cloud security in your business

CIO Business Intelligence

This makes it more critical than ever to adopt strong security measures to protect sensitive information and infrastructure. However, while cloud computing offers benefits like improved efficiency, scalability, and accessibility, it poses new security challenges.

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