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The Entersekt blog.

Industry news, security threats, and technology advances in consumer authentication
FIDO: a multi-factor authentication solution for the passwordless future

FIDO: a multi-factor authentication solution for the passwordless future


Passwords are one of the greatest threats to cybersecurity today – they’re the root cause of over 80% of data breaches.

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Snippet: Two-factor authentication is, by now, a familiar means of securing online systems, especially in the financial services industry. Apart from static credentials (username and password), a user is usually also asked to authorize the transaction, or even a login event, by using another method.

Two-factor authentication is, by now, a familiar means of securing online systems, especially in the financial services industry. Apart from static credentials (username and password), a user is usually also asked to authorize the transaction, or even a login event, by using another method.

Snippet: Mobile commerce transactions and other app-based payments must be secured if consumer adoption is to continue at the impressive pace we have seen. Attacks on customer accounts by fraudsters are becoming increasingly sophisticated, which raises concerns among consumers about the safety of mobile transactions.

Mobile commerce transactions and other app-based payments must be secured if consumer adoption is to continue at the impressive pace we have seen. Attacks on customer accounts by fraudsters are becoming increasingly sophisticated, which raises concerns among consumers about the safety of mobile transactions.

Snippet: In April, Five years, two months, and nine days. That's how long it's been since the release of Android 2.2 (May 20, 2010). It's also how long a bug has existed on the Google Android mobile operating system that allows remote code execution.

In April, Five years, two months, and nine days. That's how long it's been since the release of Android 2.2 (May 20, 2010). It's also how long a bug has existed on the Google Android mobile operating system that allows remote code execution.

Snippet: Apple’s TouchID has taken the world by storm and, with official fingerprint biometric support now also coming to Android M, it looks like username and password prompts on mobile applications will soon go the way of the VCR and the gramophone player.

Apple’s TouchID has taken the world by storm and, with official fingerprint biometric support now also coming to Android M, it looks like username and password prompts on mobile applications will soon go the way of the VCR and the gramophone player.

Snippet: The password paradigm is widely acknowledged to be obsolete, but to usher in something new requires an industry-wide effort. To help manage this issue, some of information technology’s biggest players formed the FIDO (Fast IDentity Online) Alliance, which is now revolutionizing online authentication with its standards-based open protocols aimed at reducing our reliance on vulnerable password-based security systems.

The password paradigm is widely acknowledged to be obsolete, but to usher in something new requires an industry-wide effort. To help manage this issue, some of information technology’s biggest players formed the FIDO (Fast IDentity Online) Alliance, which is now revolutionizing online authentication with its standards-based open protocols aimed at reducing our reliance on vulnerable password-based security systems.

Snippet: LastPass announced June 15 that it had detected and subsequently blocked “suspicious activity” on its networks a couple of days before. The attackers made off with email addresses associated with LastPass accounts, hints that help users reset their master passwords, salted password hashes, as well as the associated salts.

LastPass announced June 15 that it had detected and subsequently blocked “suspicious activity” on its networks a couple of days before. The attackers made off with email addresses associated with LastPass accounts, hints that help users reset their master passwords, salted password hashes, as well as the associated salts.

Snippet: Regulatory bodies around the world continue to issue security advisories related to online and mobile banking, especially when it comes to securing high-risk, high-value digital transactions.

Regulatory bodies around the world continue to issue security advisories related to online and mobile banking, especially when it comes to securing high-risk, high-value digital transactions.

Snippet: EMV has now been deployed in more than 80 countries around the world. All have seen a significant drop in card-present fraud as a result, but they have also experienced a surge in online card fraud and other card-not-present (CNP) scams.

EMV has now been deployed in more than 80 countries around the world. All have seen a significant drop in card-present fraud as a result, but they have also experienced a surge in online card fraud and other card-not-present (CNP) scams.

Snippet: In the age of smartphones, we mainly use our phones for apps – many, many apps. Making voice calls and performing other traditional phone functions come second to using the wealth of apps available. Most of us are aware by now that apps bring with them additional risk – that they can expose us to unwanted prying and data theft.

In the age of smartphones, we mainly use our phones for apps – many, many apps. Making voice calls and performing other traditional phone functions come second to using the wealth of apps available. Most of us are aware by now that apps bring with them additional risk – that they can expose us to unwanted prying and data theft.

Snippet: We have all seen the reports about Apple Pay fraud plastered over the Web. Less informed commentators seem to blame Apple, but is this problem really their fault this time?

We have all seen the reports about Apple Pay fraud plastered over the Web. Less informed commentators seem to blame Apple, but is this problem really their fault this time?

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Entersekt is an innovator of customer-centric fintech solutions. Financial services providers and other enterprises rely on our patented mobile identity system to provide both security and the best in convenient new digital experiences to their customers, irrespective of the service channel. With us, they can concentrate on their innovation roadmap, while delivering intuitive, low-friction digital experiences to their customers.