Alternative marketing thinking

iCONTRACT

Multifactor Authentication No Worry Say Hackers.

DefCon is an annual gathering of security professionals and hackers. At their recent gathering, security researcher Brendan O’Connor presented several scenarios in which online banking security has gotten worse. Despite FFIEC guidelines that requires banks to comply with the, to provide multi-factor authentication, O’ Connor feels that despite these new safeguards, phishing sites are still operational today. Putting more walls to breach is not improving security in any big way, because attackers aren’t getting in by guessing, they’re getting in by stealing the credentials or tricking the end-user into giving away the credentials. Read more at Bankwide.

Advertisements

Single Post Navigation

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: