digital security

IXDen Launches MFA Platform for IoT Devices

IXDen Launches MFA Platform for IoT Devices

Israel’s IXDen is releasing a new software solution that will allow customers to protect a range of IoT devices with post-password authentication. Dubbed IXDen Smart Homes, the platform can be installed on virtually any smart device – including smart thermostats, smart routers, and smart cameras – securing them with multi-factor authentication that guards against cyberattacks…

BehavioSec Platform Gets Upgrade in Time for PSD2

BehavioSec has updated its behavioral biometrics platform ahead of the European Union’s upcoming PSD2 compliance deadline. Version 5.1 of the platform offers better mouse recognition and anomaly detection, in addition to other accuracy and authentication upgrades. The upgraded platform also guards against fraud associated with new accounts. BehavioSec 5.1 will compare the behavior of a…

Synthetic Identity Fraud is a Growing Threat says Federal Reserve

Synthetic Identity Fraud is a Growing Threat says Federal Reserve

The US Federal Reserve System has released a new White Paper that calls attention to the growing threat of synthetic identity fraud. The paper defines a synthetic identity as one that combines false information – such as a fake name or date of birth – with legitimate information like a social security number that has…

Feitian Joins Microsoft Security Alliance

Feitian Joins Microsoft Security Alliance

“Feitian made its announcement at the recent Identiverse 2019 event in Washington, DC, where the company also showcased its major new security product, the AllinPass K33.” China-based Feitian has joined the Microsoft Intelligent Security Association, or MISA, the company has announced. MISA is Microsoft’s effort to team up with strategic security partners to help defend…

Tokenization Platform Sequent Looks to Expand with New VP of Sales

Tokenization Platform Sequent Looks to Expand with New VP of Sales

Neil MacDonald is taking over as Sequent’s new Vice President of Sales and General Manager for Europe, the Middle East and Africa (EMEA). Sequent is a data security specialist with a platform that tokenizes Personally Identifiable Information (PII). The process makes that information useless to hackers and other cybercriminals, and can be used to protect everything from bank accounts to…

Ping Identity Upgrades MFA Platform to Support FIDO Authentication

Ping Identity Upgrades MFA Platform to Support FIDO Authentication

Ping Identity is upgrading its enterprise-level multi-factor authentication platform to be compliant with the latest FIDO standards. PingID will soon support FIDO-certified authentication methods for Windows Hello and Touch ID, allowing users to log into their devices through facial or fingerprint recognition without the need for a password. Windows users will also be able to…

Americans are Worried About Digital and Physical Security in Large Venues

Americans are Worried About Digital and Physical Security in Large Venues

The 2019 Unisys Security Index suggests that people are increasingly worried about their safety in large venues. The survey found that the vast majority of Americans (83 percent) were worried about physical harm as the result of an attack at a large-scale event like a concert or a sports game, with a full 22 percent…

Samsung SDS Invests in EDR Specialist SentinelOne

Samsung SDS Invests in EDR Specialist SentinelOne

“In announcing its investment in SentinelOne, Samsung SDS explained that it is ‘expanding its business to customers in need of endpoint protection to devices such as PC with SentinelOne’s EDR solution.’” Samsung SDS has made a strategic investment in US-based SentinelOne, the company has announced. The investment was made through the Samsung Venture Investment business…

Yubico CEO Notes Industry Growth in Appointment of New Execs and Advisor

Yubico CEO Notes Industry Growth in Appointment of New Execs and Advisor

Yubico has appointed two new executives to its team and has a new member on its advisory board, the company has announced. Jeff Kukowski is Yubico’s new Chief Revenue Officer. He comes to the company from SecureAuth, which he helmed as CEO and Board Director from 2015 to 2018. Bill Rule, meanwhile, joins Yubico as…

Bulgarian Bank Turns to OneSpan for Mobile Security Services

Bulgarian Bank Turns to OneSpan for Mobile Security Services

OneSpan has found a new client for its mobile security services. The company has announced that the United Bulgarian Bank is now using both Cronto and its Mobile Security Suite to safeguard its six-month-old mobile banking app. “We want to improve and expand the use of our digital channels, especially mobile,” said Iliyana Voynova, the…

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

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…

BioCatch Gives Insight into Latin America’s Cybersecurity Challenges

BioCatch Gives Insight into Latin America’s Cybersecurity Challenges

Jorge Aguilar Perez shared some insights on the cybersecurity market in Latin America with a quick Q&A on BioCatch’s blog. Perez is the BioCatch Sales Director for Mexico, Central America, and the Caribbean, and explained that the region’s high rates of mobile penetration and mobile payments coupled with weak digital infrastructure make many Latin American…

Thales Pursues Final Share Buyout with Gemalto to be Delisted May 29th

Thales Pursues Final Share Buyout with Gemalto to be Delisted May 29th

“Now, since it holds over 95 percent of Gemalto’s shares, Thales has been following through on its statutory obligation to buy out the remaining shares in order to attain a 100 percent shareholding.” Just a little over 97 percent of Gemalto shares have now been tendered to Thales‘ acquisition offer, the companies have announced. It’s…

IDEMIA’s New Smart Card is Designed to Beat Future Technology

IDEMIA’s New Smart Card is Designed to Beat Future Technology

Asymmetric cryptography is vital to modern digital security, serving as the foundation for Public Key Infrastructure and allowing for the creation of secure digital identities. That becomes a concern once quantum computers are able break those algorithms, which is expected to happen in the next twenty years. That’s why IDEMIA has released new smart cards…

Thales Formally Completes its Acquisition of Gemalto

Thales Formally Completes its Acquisition of Gemalto

After months of negotiations, Thales has finally completed its acquisition of Gemalto. The final price tag was €4.8 billion, and increases Thales’s revenues to €19 billion for 2018. “With Gemalto, Thales has acquired a set of highly complementary technologies and competencies with applications in all of our five vertical markets,” said Thales Chairman and CEO…

Kony Enhances its Quantum Platform with Okta’s Adaptive MFA

Kony Enhances its Quantum Platform with Okta’s Adaptive MFA

Kony has formed a partnership with Okta to simplify the identity management process for new and existing Kony customers. Under the terms of the agreement, Kony will be integrating Okta’s security products into its Kony Quantum low code development platform, as well as its Kony DBX digital banking suite. For Kony Quantum users, the highlight…

Gemalto Shareholders Accept Thales’ Acquisition Offer

Gemalto Shareholders Accept Thales’ Acquisition Offer

It’s official: Thales and Gemalto are merging. With the March 28th deadline for Gemalto shareholders to accept Thales’ acquisition offer now passed, the companies report that 85.58 percent of shares have been tendered, rendering the deal unconditional. As of April 1st, Gemalto will be consolidated into Thales’ financial statements, while payment of the share offer…

Samsung SDS Bolsters its Cloud Security Offerings

Samsung SDS Bolsters its Cloud Security Offerings

Samsung SDS has updated its cloud security service in a move that anticipates a future workplace that is more digital than analog. Citing research that suggests that the cloud will handle 83 percent of enterprise workloads by 2023, the company has adopted a three-pronged approach that uses AI to detect and prevent intrusion while monitoring…

Financial Institutions Still Rely on Vulnerable Password Security: Report

Financial Institutions Still Rely on Vulnerable Password Security: Report

In recent years, more and more financial institutions have turned to biometric technology to improve security and customer service, incorporating solutions that range from voice banking software to facial recognition scans at ATMs. However, a new report from OneSpan suggests that it will take a considerable push to make the full transition to biometric authentication…

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