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12 Stories
Barriers to overcome in 2FA credit cards
News update Having one-time PIN tokens incorporated into credit cards can reduce risk of fraud, but there are costs and operational issues to deal with, say industry watchers.
Tags: Authentication and encryption, Data security, Security Management, Security applications/tools, Security, Card, Password, phone, Symantec Corp., Visa Inc.
Indonesian banks get chip card switch deadline
News Following the leak of over 1.4 million Indonesian credit card holders' data, the country's central bank wants banks to adopt smart chip technology by 2010.
Tags: Authentication and encryption, Data security, Network security, Security Management, Business security
Signature makes cards 'less secure'
News Signature-based cards less secure and targeted to be phased out, says analyst, with countries like Australia, U.K. and France, already opting for safer alternatives.
Tags: Security, Authentication and encryption, Authentication and encryption, Chip, Fraud, Singapore, Card, Australia, personal identification number, e-mail
Visa makes 'use once' password cards
News Two cards containing microprocessors that generate one-time passwords are being touted to Australian banks as possible replacements for tokens and passwords delivered by SMS.
Tags: Authentication and encryption, Processors, Security, Card, Password, RSA Security Inc., phone, payment, Visa Inc., bank
Gemplus posts strong wireless sales for first quarter
News For the first time in four years, first-quarter wireless sales for smart card maker Gemplus showed sequential growth.
Tags: Mobile platforms/communications
Smart cards make contact in Indonesia
News Visa confirms chip card activities will ramp up in 2007, as banks migrate to new technology to offer more secure and convenient payment services.
Tags: Data security, Authentication and encryption, Security implementation/standards
U.K. researchers devise smart-card hack
News Determined hackers can outwit the supposedly tamper-proof bank cards that use both a chip and a PIN.
Tags: Security applications/tools, Security implementation/standards, Privacy
Smart card migration cost still hefty
News Recent efforts to cut down credit card fraud by migrating the cards from magnetic-stripe to chip-based or smart cards have been well received. However, the switch is more than a pinch on the wallets.
Westpac: SMS authentication doesn't help security
News SMS-based two factor authentication has been touted as a way of improving online banking security but Australian bank Westpac's head of information security disagrees.
Tags: Authentication and encryption
SMS two-factor authentication to be phased out
News SMS-delivered two-factor authentication will be dead in three years, says Gary Blair, National Australia Bank's general manager of technology, risk and security.
Tags: Authentication and encryption
Researchers hack 'tamper-proof' PIN terminals
News Three Cambridge University researchers have succeeded in hacking two of the most widely used PIN terminals in the United Kingdom, using a low-tech combination of paperclips and FPGA boards.
Tags: Hacking
Thailand's changing payments landscape
News New payment models and technologies are emerging, paving the way to a bright future for industry players in the country.
Tags: Banking, E-commerce
