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Archive for: January, 2012
Pat CarrollValidSoft - London

Did Fraud get a mention in Davos?

31 January 2012  |  3711 views  |  0  |  Recommends 0

Fraud is a problem. CIFAS, the UK’s Fraud Prevention Service, noted a 9% increase in overall fraud from 2010 to 2011. Startlingly, there was an 18% rise in facility takeover fraud –when a criminal obtains your credit card details, bank details or mobile phone to use your money without permission. CIFAS cited tough economic times as the reason f...

TagsSecurityPaymentsGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Say hello to voice biometrics

18 January 2012  |  4814 views  |  0  |  Recommends 0

Advances in smartphone technology have already changed the way we live, allowing us to do so much more on our phones. However, mobile payments, mobile banking and the data stored on our phones present serious security risks. To tackle that security deficit, banks, businesses and governments need to rethink how they authenticate end users. A rec...

TagsOnline bankingPaymentsGroupInnovation in Financial Services
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Pat CarrollValidSoft - London

Two-factor authentication isn't enough

13 January 2012  |  6601 views  |  11  |  Recommends 0

A lot of people talk to me about two-factor authentication (2FA) as if it was a security panacea. But what about in the case of Man-in-the-Middle or Man-in-the-Browser attacks, or (as discussed in my ...

TagsSecurityOnline bankingGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Forgotten password? You're not alone

03 January 2012  |  4604 views  |  2  |  Recommends 2

Many of us will have come back from the extended holiday period ready to start the New Year with a bang, only to realise that we’ve forgotten our computer password and can’t do anything until the IT d...

TagsSecurityOnline bankingGroupInformation Security
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