Are your corporate cyber defenses adequate?
Most of the organizations I speak with are talking about cyber-risk these days, and for good reason. Unfortunately, many of them are doing a lot more talking than actually doing. Some of this is human nature – threats are “somebody else’s” problem until they hit close to home, and it’s no different in cybersecurity. Often, the risk only starts to feel real once it’s too late.
Five Steps Businesses Can Take To Make Two-Factor Authentication Better And More Secure
The best way to combat the shortcomings of SMS based 2FA isn’t to just move where that authentication code is received—some 2FA alternatives provide codes generated standalone apps, which would require compromising a device itself to access—but to change how login attempts are authenticated. "The world that we're going into is going to require multiple factors,” Thelander said. “It's going to require layers of authentication that can be delivered at a point and time based on the level of risk of what a user is trying to do and the level of risk that is detected."
11 places you should never use a debit card
In fact, the number of debit and credit cards that were exposed to hacking efforts at U.S. ATMs and stores jumped 70% in 2016, according to a report from data analytics and credit scoring company, Fair Isaac Corporation (FICO).In addition, what’s known as “card-not-present” fraud — fraudulent transactions that occur when the card isn’t physically present — is expected to cost merchants and retailers $7.2 billion by 2020, according to a report by iovation, a provider of digital intelligence for fraud prevention.
iovation’s Michael Thelander Interviewed on One World Identity
Host Cameron D’Ambrosi joins Iovation Director of Product Marketing Michael Thelander to discuss Iovation’s survey of 1,100 consumers regarding their views on present and future methods for online authentication.
Imagining frictionless authentication: What if we lived in a world without passwords?
In this guest post to CSO Online, iovation's VP of Product, Dwayne Melancon, explores the intrinsic insecurity of two-factor authentication and how a range of 'modern authentication solutions are emerging that provide the balanced approach we’ve been looking for - robust and context-aware security strong enough to protect a business and its customers, while also delivering an authentication experience that people will actually want to use'.
Millennials likely to bail on banks, card companies in case of false declines
Findings from the report, Combating False Declines Through Customer Engagement, show that a large contingent of connected consumers are unforgiving of the inconvenience of a false decline. More than 42 percent of respondents said that a false decline would motivate them to leave their banking institution altogether.
Iovation Survey Finds Digital Nomads And False Declines Don’t Mix
“False declines have a material impact on an issuer’s business. While lost transaction revenue is painful, damage to the issuer’s relationship with their customer is of far greater concern,” said Michael Thelander, director of authentication products for iovation. “Banking and financial institutions need to balance security levels with user experiences. Consumers are open to a range of authentication methods as long as they are easy-to-use. Dynamic multifactor authentication does just this by balancing security and user experience by adding flexibility to authentication.”
Should world password day be a thing of the past? Dynamic MFA urged
Podcast: Dwayne Melancon on The Charles Tendell Show
In this super connected world how are you making sure your only letting the right users on your network? What if you could hyper personalize your authentication in a seamless and transparent way? Dwayne Melancon with iovation joins the conversation.
Executive spotlight: iovation’s new Vice President of Product
Last week iovation announced that Dwayne Melancon was leaving Tripwire after 17 years and joining the company as the new Vice President of Product, so we decided to get in touch and see what are his future plans.“My experience at Tripwire ran the gamut – I served in a range of roles, from CTO to product management to head of R&D – but my ultimate goal was to create products that offered both a streamlined user experience and market-leading security protection,” he told us.