On The Web

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Security

Why Phone Numbers Stink As Identity Proof — Krebs on Security

March 18 2019

• in
• Authentication

“Phone numbers stink for security and authentication. They stink because most of us have so much invested in these digits that they’ve become de facto identities. At the same time, when you lose control over a phone number — maybe it’s hijacked by fraudsters, you got separated or divorced, or you were way late on […]

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Security

W3C approves WebAuthn as the Web Standard for Password-free Authentication

March 4 2019

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• Authentication

“The specification lets users log into online accounts using biometrics, mobile devices, and/or FIDO security keys. WebAuthn is supported by Android and Windows 10. On the browser side, Google Chrome, Mozilla Firefox, and Microsoft Edge all added support last year. Apple has supported WebAuthn in preview versions of Safari since December.”

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Deals

Stripe Acquires Touchtech, Updates APIs to Prep for Strong Customer Authentication in Europe

April 17 2019

• in
• Authentication

“Stripe, the payments powerhouse that is now valued at $22.5 billion , has made an acquisition to help it gear up for new regulations in Europe that will be rolled out later this year to improve security in online transactions. It has acquired Touchtech Payments , a startup out of Ireland that works with banks […]

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Security

Johns Hopkins University Rolls Out Support for IOS and Android Campus Cards

April 2 2019

• in
• Authentication
• Identity

“Johns Hopkins University (JHU) has become the fifth university in the US to enable its students to load their campus card onto their iPhone or Apple Watch. Those with an Android NFC phone are also able to take advantage of the university’s new mobile credential service. Students, as well as JHU faculty and staff members, […]

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Security

The Ultimate Account Security Is Now in Your Pocket

April 16 2019

• in
• Authentication

“We consider security keys based on FIDO standards, like our Titan Security Key , to be the strongest, most phishing-resistant method of 2SV on the market today. These physical security keys protect your account from phishers by requiring you to tap your key during suspicious or unrecognized sign-in attempts. Now, you have one more option—and […]

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Security

Krebs on Security

April 11 2019

• in
• Authentication

“Google this week made it easier for Android users to enable strong 2-factor authentication (2FA) when logging into Google’s various services. The company announced that all phones running Android 7.0 and higher can now be used as Security Keys, an additional authentication layer that helps thwart phishing sites and password theft. As first disclosed by KrebsOnSecurity last summer , […]

On The Wires

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Security

Socure Raises $30M in Additional Financing to Expand Its Identity Verification Service

February 28 2019

• in
• Authentication

“The company will use the new funding to accelerate its market expansion through new investments in sales, marketing, research & development and customer support initiatives. Socure’s vision is to identify the human race and eliminate 3rd party identity fraud. Socure’s mission is to become the single trusted source of identity verification.”

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Security

Nok Nok Labs Announces Successful Deployment of Biometric Authentication for Internet Banking Customers at MUFG Bank, Ltd with Hitachi Ltd:

February 26 2019

• in
• Authentication

“Nok Nok Labs (Nok Nok), the trusted leader in next-generation authentication today announced that its partner Hitachi, Ltd., successfully deployed the Nok Nok™ S3 Authentication Suite (NNL S3 Suite) at MUFG Bank, Ltd. (MUFG Bank), Japan’s largest bank. MUFG Bank customers who are utilizing the internet banking service, now have a frictionless user experience that enables them to execute banking transactions faster and with […]

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Security

Fintech and Blockchain Pioneers Team Up to Bring DLT Security to Voice Banking

March 14 2019

• in
• Authentication
• Biometrics

“When ConnectFSS began implementing the FIVE Voice Banking Platform for clients, president Grant Parry saw an opportunity to combine FIVE with work being done on CULedger’s MyCUID digital credential solution. Now, the consortium is working on a new way for members to authenticate during their voice banking transactions, utilizing the security benefits offered by MyCUID’s […]

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Security

Klarna Launches Global Customer Authentication Platform

April 4 2019

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• Authentication

“Transactis is a new NACHA Preferred Partner for API Enablement of Electronic Bill Payments. NACHA Preferred Partners are a select group of innovators that contribute to NACHA’s strategic efforts in support of the payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security […]