cybersecurity

Payments Pros Concerned About Cybersecurity, Want In-House Solutions: Survey

Payments Pros Concerned About Cybersecurity, Want In-House Solutions: Survey

Professionals in the payments industry are very concerned about cybersecurity, but are at least a little mistrustful of third party solutions providers, suggest the results of TD Bank’s 2019 NACHA PAYMENTS survey. Conducted at the 2019 NACHA PAYMENTS Conference in Orlando this past May, the survey polled just under 500 of the payments industry professionals…

IDEMIA Sharpens North America Focus with Latest Corporate Change

IDEMIA Sharpens North America Focus with Latest Corporate Change

IDEMIA has made another important change to its corporate infrastructure, including the appointment of a new high-level executive: Dan Kent is the company’s new Chief Technology Officer, VP, and member of the Executive Committee for IDEMIA’s North American Identity & Security business. Additionally, Kent will be heading a new division that is a consolidation of…

Gemalto Reports Strong Growth from Identity, IoT, and Cybersecurity Activities in Fiscal Update

Gemalto Reports Strong Growth from Identity, IoT, and Cybersecurity Activities in Fiscal Update

Gemalto has issued its year-end results for 2018, showing modest growth despite declining revenues from its removable SIM business activities. The company reports revenues of €2,968,700,000 for the fiscal year, down slightly from 2017’s revenues of €2,971,700,000. But its net result, adjusted for the European Union’s International Financial Reporting Standards, came in at €211 million,…

WISeKey’s Preliminary Results Show Solid Growth for 2018 FY

WISeKey’s Preliminary Results Show Solid Growth for 2018 FY

“The company’s ISTANA security certificate solution is expected to play an important role in that growth, particularly in the Germany and China markets, as will monetization of its recently-launched WISeKey Blockchain Platform.” Switzerland-based IoT security solutions provider WISeKey is reporting solid revenues from its initial, unaudited fiscal results for 2018. The company says its Cybersecurity…

NEC Joins Digital Security Intelligence Sharing Network

NEC Joins Digital Security Intelligence Sharing Network

In an important move for a digital security leader, NEC has joined the Cyber Threat Alliance (CTA). It’s a kind of intelligence network for digital security, and a surprisingly new one at that, founded less than two years ago, in January of 2017. It initially started as a nonprofit organization with six members: Check Point Software…

Experimental Authentication System Uses Speech Recognition and a Smartwatch

Experimental Authentication System Uses Speech Recognition and a Smartwatch

A pair of researchers at the University of Alabama at Birmingham have devised a novel approach to online authentication that leverages speech recognition and a smartwatch. Dubbed ‘Listening-Watch’, the system requires a given user to download a security app on their smartwatch device. When authenticating through a PC or laptop, the computer will play a…

‘Silence’ Malware Attacks Russian Banks

‘Silence’ Malware Attacks Russian Banks

“…NuData Security points out that that use of behavioral and passive biometrics offers just such a solution, since even when hackers attain the credentials of would-be victims…” As if the world needs any more compelling reasons, a new piece of malware is helping to demonstrate why digital security is of critical importance: The ‘Silence Trojan’…

Previous Data Breach Actually Impacted All Users, Yahoo Reveals

Previous Data Breach Actually Impacted All Users, Yahoo Reveals

“There are a couple of silver linings here. One is that it can’t get any worse, since the three billion compromised accounts represent Yahoo’s entire account database.” Yahoo’s 2013 data breach affected three billion accounts, the company has now revealed. It is yet another upsizing of the damage on Yahoo’s part, with the company initially…

Encryption Down, Data Breaches Way Up in Latest Breach Level Index Update

Encryption Down, Data Breaches Way Up in Latest Breach Level Index Update

The first half of this year saw 1.9 billion data records compromised across 918 breaches, according to the latest update to Gemalto’s Breach Level Index. Compared to the last half of 2016, that’s a 164 percent increase. And it points to a disturbing upwards trend, given that 2016 as a whole saw a data breach…

BIO-key Gets Big New Client as Sense of Urgency Rises Over Data Breaches

BIO-key Gets Big New Client as Sense of Urgency Rises Over Data Breaches

“The growing scope of security breaches is making the need for action increasingly clear, and we are seeing this in our customer dialogues, in the pace of inbound inquiries, and importantly in the shortening of the sales cycle in more and more customer dialogues.” -Mike DePasquale, CEO, BIO-key BIO-key has won a new client in the…

2016 Saw 1.4 Billion Records Compromised in Hack Attacks: Gemalto

2016 Saw 1.4 Billion Records Compromised in Hack Attacks: Gemalto

One thousand seven hundred and ninety-two data breaches compromised nearly 1.4 billion records last year, according to Gemalto’s Breach Level Index. The publication is the product of a global database of publicly disclosed breaches. According to its data, last year’s stats reflect an 86 percent increase in data breaches compared to 2015, with some of…

FIDO Standards Could Complement Government’s Existing Digital Security Protocols

FIDO Standards Could Complement Government’s Existing Digital Security Protocols

The FIDO Alliance is hoping that the Trump administration will heed its advice in a new white paper outlining how FIDO standards could complement existing digital security protocols in use by the government. It’s a response to last December’s report from the US Commission on Enhancing National Cybersecurity, which advocated for stronger authentication methods beyond…

RSA 2017 Takes Shape with NCSA, Gemalto, SecuGen On Hand

RSA 2017 Takes Shape with NCSA, Gemalto, SecuGen On Hand

The National Cyber Security Alliance has returned as a sponsor of this year’s RSA Conference, one of the world’s biggest security events. The nonprofit group sees the event as an opportunity to continue spreading the message of its STOP. THINK. CONNECT. campaign, launched last year to help raise awareness about identity security issues online. Throughout…

Biometrics News Roundup: Facial Recognition and Biometric Wearables

Biometrics News Roundup: Facial Recognition and Biometric Wearables

Last week at FindBiometrics we saw a variety of facial recognition stories that illustrated the many complicated facets of the modality in action while fingerprint biometrics made prominent headlines. We saw big picture cybersecurity news too, as biometric wearables and border control rounded out our industry coverage. Here’s a look back on the biggest stories in biometrics…

Report Raises Concerns About Integrity of Some Biometrics

Report Raises Concerns About Integrity of Some Biometrics

ABI Research is raising some concerns about the security of biometric technologies. In the synopsis of a new report entitled Biometric Data Security, the market research firm argues that “biometric vendors are just starting to pay more attention to the complexities of biometric data and implement new security protocols in this US$26 billion industry.” ABI says…