soft token authentication

For years, financial institutions (FIs) have relied on hardware authentication for their internal users and customers, but this is shifting as software authentication, also known as mobile authentication or soft token authentication, is gaining adoption. Whether a standalone app or integrated into the organization’s native mobile app, many FIs agree that a migration to software authentication is both beneficial and necessary… Read more

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fake Fortnite app

Earlier this month IT news organizations around the globe reported that Epic Games’ popular Fortnite app game was being counterfeited and malicious actors were, in fact, lacing the imposter apps with malware. We’re only human, and people unwittingly let their guard down in anticipation of something they’re passionate about, or when they think they might be getting a bargain or… Read more

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According to a recent survey by Accenture, banks experience 85 attempted breaches on average each year. More than a third are successful in stealing sensitive information1. In 2017, those attempts ranged from account takeover fraud to mobile banking Trojans that enabled hackers to steal funds from victims’ bank accounts. Attacks such as Distributed Denial of Service (DDoS) — per Verizon,… Read more

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Bug Bounty Program

Security is of utmost importance to VASCO as is maintaining a high security bar for our products and cloud services. As such, VASCO has launched a bug bounty program to expand the security evaluation of our products beyond our walls and tap into the large pool of highly skilled ethical hackers outside our company. The bug bounty program currently consists… Read more

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Recent data breaches and malware phishing attacks have unfortunately become the “new norm” in today’s digital world. Cybercriminals target Internet users of all stripes to gain access to online accounts associated with an email address, such as online banking. A consumer alert from the IRS reported a 400% increase in online phishing and malware attacks during the 2016 U.S. tax… Read more

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What Bob Dylan and RASP Have in Common

Ok, now that I have your attention, I’ll explain how I got here. Feel free to follow along. In early April, the creative folk icon finally made his way to Stockholm and the home of the Swedish Academy to formally accept his 2016 Nobel Prize for Literature and the 8 million Swedish krona (approximately $900,000 US) that went along with… Read more

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SMS Authentication

Banks and payment service providers sometimes rely on SMS to verify the identity of a person who wishes to make a wire transfer or confirm a payment. They send an SMS message with a one-time password (OTP) to the person’s mobile phone, and the user has to enter this OTP into the application of the bank or payment service provider…. Read more

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November 25, 2016 - Guest Blogger Lars Birkeland, Marketing Director of Promon
Tesla cars can be stolen by hacking the app

Our researchers have demonstrated that because of lack of security in the Tesla smartphone app, cyber criminals could take control of the company’s vehicles, to the point where they can track and locate the car in real-time, and unlock and drive the car away unhindered. Such a hack gives criminals total control of the vehicle, providing additional functionality to that… Read more

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November 15, 2016 - Guest Blogger Lars Birkeland, Marketing Director of Promon
A total of 89 per cent of users wouldn’t know if their mobile device had been cyber attacked

A recent survey by app security specialist Promon has revealed that mobile users are massively unaware of cyber threats, with an overwhelming 89 per cent of respondents admitting they wouldn’t know if their device has been infected through a cyber attack. Users’ lack of awareness of mobile threats presents a significant challenge for businesses across every sector, meaning companies need… Read more

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The debate over the relative importance of mobile banking was settled long ago. Mobile banking is already the number one channel for many customers of financial institutions, it is being used by about half of those with a banking relationship, it has grown to become the number two preferred channel overall and will soon become number one, and there is… Read more

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