An organization has successfully implemented a "zero trust" framework when it can achieve context-aware resolution of a risk, says Dr. Siva Sivasubramanian, CISO of SingTel Optus, an Australian telecommunications firm.
Consumers hate passwords, criminals love them. And while the journey to passwordless authentication takes time, there are lessons to be learned from major global organizations who have started down the path. Dr. Rolf Lindemann of Nok Nok Labs shares insights.
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The need for enhanced business agility and secure remote access to support digital transformation has led to the adoption of the security access service edge, or SASE, model, says Rajpreet Kaur, senior principal analyst at Gartner.
When implementing a cybersecurity risk framework, enterprises should use a structured approach to identity and evaluate and manage the risks posed by increased digital transactions during the pandemic, says Dmitry Chernetsky, global presales expert, Kaspersky-APAC.
The new work reality has created a change in how information is accessed and used, and attackers are targeting remote users with increasing frequency and efficiency. This has brought on a new shift in the IT paradigm which requires identity to act as the central control point in defining an enterprise security...
Did you know?
59% of People mostly/always use the same password?
47% of People say they use the same password for their home and work network?
42% of people keep their passwords in an unprotected file?
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Determine What Aspects of MSBS require secure passwords
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Ramping up authentication as e-commerce continues to grow requires achieving a delicate balance of a frictionless, yet secure, consumer experience, says Robert Capps of NuData Security, a unit of Mastercard.
Implementing trusted digital IDs will create benefits for end users as well as service providers, says Nick Mothershaw, chair and executive director at the Open Identity Exchange. But widespread international adoption of such IDs will take time to achieve, he acknowledges.
Addressing digital payment security challenges requires having good identity verification capabilities as well as a strong authentication process that's friction-free for consumers, says Singapore-based Gautam Aggarwal, senior vice president and regional chief technology officer, Asia Pacific, at Mastercard.
As e-commerce explodes during the global CIVD-19 pandemic, transaction authentication is more critical for fraud prevention, says Phil Dunkelberger of Nok Nok Labs, who discusses the latest fraud trends.
Singapore's open banking effort has expanded the attack surface, and the only effective defense is to enhance threat intelligence sharing among banks, retailers and third parties, says Tom Wills, a Singapore-based cybersecurity practitioner who is a consultant for financial institutions.
Starting Jan. 1, State Bank of India will no longer accept magnetic stripe debit card transactions and will accept only EMV chip-based cards in compliance with an RBI mandate, which is designed to help prevent card fraud, including skimming and cloning.
Now that the deadline for all e-commerce card-based transactions in the EU to comply with the new PSD2 "strong customer authentication" requirement has officially been extended to Dec. 31, 2020, authorities are emphasizing the need to make a smooth, uniform migration to the new forms of authentication.