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The Entersekt blog.

Industry news, security threats, and technology advances in consumer authentication
The (lock and) key to strong security

The (lock and) key to strong security


Let me begin with a short story, a true story. A good friend of mine’s house was recently broken into. He was asleep in bed when this event took place, and he heard nothing. In fact, when he got up in the morning, he didn’t even notice at first that the event had taken place, such was the subtlety of the break-in. The thief had managed to break a door lock, opening the door without making much sound at all. The technique was to snap off the front of the lock and use a screwdriver to open the door: very quiet and very quick. 

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Snippet: I have, over the years, opened accounts at a number of banks in order to meet different needs: savings, payments, a mortgage, and so on. My family also have bank accounts, some of which we share. You probably have a similar spread of accounts.

I have, over the years, opened accounts at a number of banks in order to meet different needs: savings, payments, a mortgage, and so on. My family also have bank accounts, some of which we share. You probably have a similar spread of accounts.

Snippet: If you thought that QR codes were only used for payments, take out your phone and scan again.

If you thought that QR codes were only used for payments, take out your phone and scan again.

Snippet: In July 2017, we published this post about why continuing to have mobile carriers in the digital security chain meant the attack that left several customers of O2-Telefonica in Germany with empty bank accounts was likely to occur again. It seems that we were right, with Metro Bank recently being the target of a SS7 attack.

In July 2017, we published this post about why continuing to have mobile carriers in the digital security chain meant the attack that left several customers of O2-Telefonica in Germany with empty bank accounts was likely to occur again. It seems that we were right, with Metro Bank recently being the target of a SS7 attack.

Snippet: SMS OTP's technology’s extreme vulnerability is increasingly hard to ignore, and questions over its usability have become more pressing as PSD2 nears. Research indicates that consumers' resistance to its poor user experience is stronger than ever.

SMS OTP's technology’s extreme vulnerability is increasingly hard to ignore, and questions over its usability have become more pressing as PSD2 nears. Research indicates that consumers' resistance to its poor user experience is stronger than ever.

Snippet: There’s no denying that the evolution of computing power and technology, and the increasing digitization of almost everything, have made our lives much easier. On the flip side, however, these advances have increased the risk of private data interception and fraud.

There’s no denying that the evolution of computing power and technology, and the increasing digitization of almost everything, have made our lives much easier. On the flip side, however, these advances have increased the risk of private data interception and fraud.

Snippet: Ever forgotten your PIN number? What about forgetting which password goes with which account? Generally, the problem isn’t the password itself, but the number of username and password combinations we need to remember. It has been estimated that we have, on average, over 200 accounts for which we need to remember passwords, so it’s not surprising that 37% of people forget a password at least once a week!

Ever forgotten your PIN number? What about forgetting which password goes with which account? Generally, the problem isn’t the password itself, but the number of username and password combinations we need to remember. It has been estimated that we have, on average, over 200 accounts for which we need to remember passwords, so it’s not surprising that 37% of people forget a password at least once a week!

Snippet: Gerhard Oosthuizen, Entersekt’s CTO, uses his crystal ball, together with years of industry knowledge, to bring you a glimpse into the future of banking and payments.

Gerhard Oosthuizen, Entersekt’s CTO, uses his crystal ball, together with years of industry knowledge, to bring you a glimpse into the future of banking and payments.

Snippet: The IoT is changing the relationship between industries, forging new connections between manufacturers, service providers, suppliers, and consumers. This is reshaping the payments industry, transforming the way that the world transacts.

The IoT is changing the relationship between industries, forging new connections between manufacturers, service providers, suppliers, and consumers. This is reshaping the payments industry, transforming the way that the world transacts.

Snippet: Remotely enrolling users is a growing concern for digital service providers, especially in the security-minded industries. How do you make it easier — a lot easier — for your customers to sign up to new products and services at home, especially with so much else — and so many other providers — competing for their attention these days?

Remotely enrolling users is a growing concern for digital service providers, especially in the security-minded industries. How do you make it easier — a lot easier — for your customers to sign up to new products and services at home, especially with so much else — and so many other providers — competing for their attention these days?

Snippet: If you are at all familiar with the payments and security scene, you might have noticed an increase in the number of established companies and start-ups that are focusing on behavioral biometrics. Major vendors include BioCatch (Israel), IBM (USA), Nuance Communications (USA), SecureAuth (USA), Mastercard (USA), BehavioSec (Sweden), and SecuredTouch (USA), to name just a few.

If you are at all familiar with the payments and security scene, you might have noticed an increase in the number of established companies and start-ups that are focusing on behavioral biometrics. Major vendors include BioCatch (Israel), IBM (USA), Nuance Communications (USA), SecureAuth (USA), Mastercard (USA), BehavioSec (Sweden), and SecuredTouch (USA), to name just a few.

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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.