• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

IDEMIA banner
  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Nok Nok Labs Calls for Embrace of ‘Phishing-Proof’ FIDO Solutions in Wake of Wipro Hack

April 26, 2019

Nok Nok Labs Calls for Embrace of 'Phishing-Proof' FIDO Solutions in Wake of Wipro Hack

In the wake of yet another high-profile hack attack, FIDO Alliance co-founder Nok Nok Labs is calling businesses and service providers to take advantage of phishing-resistant multi-factor authentication solutions.

The attack in this case concerns Wipro, a Major India-based software company, whose IT systems were compromised, with Wipro customers then targeted in “an advanced phishing campaign,” according to a statement from the firm. Discussing the incidents in a new blog post, Nok Nok Labs cites the “2017 Verizon Data Breach Investigations Report” in estimating that “the odds are better than 80% that the breach targeted employee and administrative credential compromise as the attack vector of choice.”

The solution, Nok Nok Labs argues, is to focus on preventive measures, such as “phishing-proof” authentication mechanisms based on FIDO Alliance standards. Focused on on-device authentication, FIDO standards support the use of post-password authentication mechanisms like USB security keys and biometrics – mechanisms that are highly effective countermeasures against phishing attacks that are aimed at acquiring user credentials like usernames and passwords.

“We strongly recommend both customers and service providers invest deeply in modern authentication that is phishing resistant, multi-factor, standards based and widely supported as well as proven at scale,” Nok Nok Labs says. And if Wipro is any indication – not to mention the many other high-profile victims of hack attacks in recent months and years – it’s advice that is well worth heeding in our current cybersecurity climate.

Sources: Nok Nok Labs, The Economic Times

Filed Under: Industry NewsTagged With: Biometric, biometric authentication, biometrics, corporate blogs, cybersecurity, digital security, FIDO Alliance, FIDO2, hack attacks, Nok Nok Labs, phishing, phishing attacks, USB security keys

Related News & Articles

NuData Security Wins ‘Leader in Innovation in Identity Proofing Platform Award’

Money20/20 Asia Will Transform Singapore Into FinTech Nexus

MWC 2017: New Functionality Lets FPC Sensors Detect Pressure

Primary Sidebar

Premier Partners

Read the Latest Year in Review Analysis:

IDEMIA big box

Tweets

Aware Knomi

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/
FacePhi Selphi

Events

View All Events

IDEMIA big box

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives

Follow Us

Copyright © 2021 MobileIDWorld