by eugen | Feb 26, 2015 | Cyberthieves, Passwords, Phishing, Trends, Vulnerabilities
As you are reading this post, several thousand data records will have been stolen. A recent study published by Gemalto shows that almost a billion data records were lost in 2014 as a result of 1,352 major data breach incidents that occurred around the world, with the...
by eugen | Jul 31, 2014 | Blog, Cyberthieves, Retail
While identity theft is no joke, we can’t help but notice that the recent Paddy Power breach struck online gamblers. Nearly 650,000 user credentials were stolen, and according to statistics, many of those credentials will also work for those users’ bank accounts and...
by Malcolm Hathaway | May 28, 2014 | Banking, Cyberthieves, Passwords, Trends, Vulnerabilities
If cyber crime in 1990s was the Wild West and you had to ride the mail coach to be noticed and targeted by for criminals, modern cyber attacks look more like nuclear bomb blasts. Criminals go for massive data breaches because a phishing attack is a numbers game. The...
by eugen | Feb 28, 2014 | Cyberthieves, Passwords, Phishing, Retail, Trends, Usability, Vulnerabilities
Authentication is more like sushi than vintage art. It’s best when it’s fresh, and aging it only decreases the value. Vintage art appreciates in value over time, but security credentials are perishable products. You may be attached to your...
by eugen | Dec 30, 2013 | Banking, Cyberthieves, Passwords, Phishing, Usability, Vulnerabilities
The irony of traditional login mechanisms is that they keep building perceived layers of security by making text-based passwords longer and adding security words to supplement the master password, asking for secrets that only you may know, while these secrets are...
by eugen | Dec 10, 2013 | Banking, Cyberthieves, Mobile, Passwords, Phishing, Retail, Trends, Usability, Vulnerabilities
Phishing is a confidence problem. Last year the Royal Bank of Scotland paid out $285.7 million to their customers who experienced a service outage due to distributed denial-of-service (DDoS) attacks. In early December the bank was hit again with a similar attack. ...
