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…
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…
“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…
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…
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 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…
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 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…
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…
“News of W3C’s WebAuthn approval comes on the heels of the announcement that the entire Android platform had received FIDO2 certification from the FIDO Alliance…” The WebAuthn authentication specification is now an official web standard, the World Wide Web Consortium (W3C) and FIDO Alliance have announced. The news comes almost a year after the announcement…
StrongKey has made it even easier for web developers to meet the FIDO2 certification standard. The digital security company has announced that it will be making its FIDO server available as a free, open-source platform in an effort to accelerate the transition to a password-free society. “Removing passwords has become a critical necessity in today’s…
“The company’s Financial Institutions, Connected Objects, and Mobile Operators divisions are all joining together to form the Secure Enterprise Transactions, or SET, division.” IDEMIA has announced further changes to its corporate structure, a little over a year after its last major overhaul. Essentially, the changes comprise the consolidation of three previously discrete business units. The…
OneSpan has launched a new Risk Analytics solution aimed at the financial services sector. It’s a cloud-based, open API platform that leverages AI to spot potential fraud attempts. Backed by machine learning, its AI system is designed to assess a range of metrics including device information, transaction data, and user behavior in order to deliver…
“In 2018, our customers bought more solutions from HID than any other provider, underlining the strength of its security offering.” – Ben Robinson, Chief Strategy Officer, Temenos A new plaudit from banking software provider Temenos suggests that financial services organizations are flocking to HID Global‘s security solutions. The organizations have announced that HID Global was…
People are more than happy to share their personal data, just as long as they’re getting something in return. That’s the main takeaway from Experian’s Global Identity and Fraud Report, which found that growing privacy concerns have not soured people on the overall potential of the digital experience. The vast majority (90 percent) of consumers are…
Yubico has published the results of its 2019 State of Password and Authentication Security Behaviors Report, finding that while people are more concerned about digital privacy, many businesses and individuals have not yet updated their habits when using passwords to safeguard their information. “For decades, passwords have been the primary method of authentication used to…
Switzerland-based WISeKey is getting into the browser business – sort of. The company has announced a new online authentication solution called WISeID Human Browser, a piece of open source software that uses biometric authentication to identify users. It doesn’t seem to be a browser itself; rather, as WISeKey explained in a statement announcing the solution,…
In the tech sector, there’s a tendency to trust the algorithm, a line of thinking that suggests that any new technology will be beneficial as long as the code is airtight. Tom Patterson is skeptical of that kind of evangelism. The Unisys Chief Trust Officer believes we we are now at a “technology crossroads,” and…
Unisys CEO Peter Altabef is preparing to make the case for embracing sophisticated technologies like biometrics and AI to secure the internet at a high-profile, government-focused speaking event affiliated with this year’s Consumer Electronics Show. Altabef will deliver his argument in a speech entitled “The Cyber Moonshot Imperative” at the CES Government conference, which will…
