The Entersekt Blog

Industry news, security threats, and technology advances in consumer authentication.

Entersekt helps German banks go beyond ticking BAFIN's boxes
04-07-2016|Jolette Roodt

Entersekt helps German banks go beyond ticking BAFIN's boxes

Entersekt’s mission is to support financial institutions in their fight against digital fraud, so we watch the changing regulatory environment very closely. Our solutions are designed to comply with digital banking security guidelines across the globe.
Are the payments networks stepping away from OTPs?
23-06-2016|Jolette Roodt

Are the payments networks stepping away from OTPs?

The move towards two-factor authentication (2FA) is gaining momentum fast, with companies ranging from banks to social media platforms now offering the method as an extra security measure for protecting users’ personal information. The major payments networks are no exception.
Will a cashless society be the future?
09-06-2016|Claudius van der Meulen

Will a cashless society be the future?

It goes without saying that innovative virtual services such as streaming music or gaming rely on accessible, convenient electronic payment systems. Perhaps that is why Swedish banks and other service providers have been so innovative in exploring cutting-edge payment alternatives.
What's the deal with enhanced ATMs?
26-05-2016|Jolette Roodt

What's the deal with enhanced ATMs?

Two developments in ATM technology have made waves in the first few months of this year. Let’s take a look at what banks and hardware vendors have in store for us.
Looking ahead to authenticated collections
19-05-2016|Schalk Nolte

Looking ahead to authenticated collections

Direct debits are both an efficient and potentially frustrating means of payment for consumers, with high rates of abuse in many parts of the world. In South Africa, where this kind of payment is called a “debit order”, almost a million disputes are lodged every month.
Nimble GozNym represents a new generation of malware
12-05-2016|Jolette Roodt

Nimble GozNym represents a new generation of malware

Since the beginning of April, banks in the US and Canada have been plagued by a sophisticated new strain of malicious software called GozNym. The name is an amalgamation of Gozi, a well-known and feared banking trojan, and Nymaim, a dropper (which downloads and installs malware automatically) that also functions as ransomware.Since the beginning of April, banks in the US and Canada have been plagued by a sophisticated new strain of malicious software called GozNym. The name is an amalgamation of Gozi, a well-known and feared banking trojan, and Nymaim, a dropper (which downloads and installs malware automatically) that also functions as ransomware.
The state of online banking at Africa's biggest banks
28-04-2016|Jolette Roodt

The state of online banking at Africa's biggest banks

Moody’s predicts that the fast growth of mobile banking across Africa, and the accompanying increase in access to financial services, will boost economic growth and create opportunities for banks to expand across the continent.
How we stay ahead in mobile security
14-04-2016|Schalk Nolte

How we stay ahead in mobile security

Technology is a fast mover, which is part of the reason we love it. Building solutions to improve mobile banking authentication and ensure your mobile data remains secure requires constant vigilance. Here are some of the key strategies that have helped us at Entersekt to achieve this.
The singularity event for SMS OTP
31-03-2016|Dewald Nolte

The singularity event for SMS OTP

The Hungarian-American polymath, John von Neumann, once posited that, “the ever accelerating progress of technology ... gives the appearance of approaching some essential singularity in the history of the race beyond which human affairs, as we know them, could not continue.”
2016: An annus horribilis for SMS OTP
17-03-2016|Jolette Roodt

2016: An annus horribilis for SMS OTP

The year has not started well for that popular authentication method, one-time passwords (OTPs) sent via SMS. Still widely used during logins and transactions as part of a two-factor authentication (2FA) process, SMS OTP has long been vulnerable to cyber criminals.

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Entersekt is an international software development company based just outside of Cape Town, South Africa.

We are leaders in authentication, app security, and payments enablement technology, offering a highly scalable solution set with a track record of success across multiple continents.