mobile

This blog is based on an article authored by David Vergara, Director of Security Product Marketing, VASCO, that first appeared 2/21/2018 in Credit Union Times. As part of a secure and seamless mobile first strategy, banks, credit unions, and other financial institutions must rethink the customer journey. Financial institutions strategically aim for customers to do more with mobile while minimizing… Read more


swipe

The following article, authored by Giovanni Verhaeghe, Director Market and Product Strategy, VASCO, first appeared 2/4/2018 in the Financial IT.net blog. Mobile banking apps and the devices they run on are increasingly at risk for compromise by cybercriminals. New, sophisticated methods of attack have rendered the classic username-password scheme outright obsolete. Even the more secure but still basic two-factor authentication… Read more


Face ID

Face ID is fast becoming a differentiator for organizations that want to provide a frictionless mobile experience. While biometric authentication remains the exception and not yet the rule, the analyst community strongly believes digital businesses, especially banks, need to pay attention. For example, in the recent Hype Cycle for Digital Banking Transformation, 2017, Gartner recommends that digital businesses develop world-class… Read more


ENISA Report

A recently published study from ENISA — the European Union Agency for Network and Information Security which advises member states and private sector organizations in implementing EU legislation, provides guidelines on how to take the appropriate measures to comply with the General Data Protection Regulation (GDPR). ENISA’s recommendation includes two-factor authentication and mobile application security as technical measures in high-risk… Read more


Behavioral Biometrics: Improving Security and the Customer Experience

Before the Internet, customers who wanted to transact with their bank had only one option – a visit to their local branch for a face-to-face transaction. Now, in the mobile age, customers expect their banks to provide secure and easy access to the full suite of banking services via their mobile device. New channel, new challenges This demand for mobile… Read more


Gen Y as the Next Threat Vector

As each new generation becomes more technologically advanced, banks and other service providers need to respond quickly to new expectations, and nowhere is this more apparent than with the generation we often call Gen Y, or the Millennial Generation. Gen Y has raised the bar when it comes to adoption of new technology, and the speed at which we must… Read more


How to enable high-value banking services on mobile

With the potential to create everything from new revenue opportunities, to increased customer acquisition to cost savings, mobile is changing the landscape of banking as we know it. The rollout of foundational mobile services is already yielding tremendous success, and as banks consider implementing more advanced, high-value mobile services, one of the biggest blockers remains the security of their mobile… Read more


February 26, 2015 - John Gunn
Meet the Mobile Menace

In the Star Trek fictional universe, high tech shields provided starships, space stations and planets with protection against threats and damage. If a shield was projected around a ship or other body, it could deflect projectiles and even weapons of enemies. The deflector shields operated by creating a layer, or layers, of energetic distortion around the object that needed to… Read more


Consumer Security Is No Longer One-Size-Fits-All

In the wake of recent high-profile breaches of personal information, a few things have become apparent to consumers as well as information security professionals. Retailers may be just as susceptible to information theft as financial institutions — the impact to consumers is just as damaging, and there is something severely lacking in the way information is transmitted and secured across… Read more