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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

User Account Details Usernames, passwords, security questions, login timestamps, failed login attempt logs, password reset tokens, multifactor authentication details, and session IDs. Accidental data leaks by insiders mishandling information also trigger breaches frequently.

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Multifactor authentication critical for banks, IBM says

Bank Automation

Financial institutions must prioritize multifactor authentication as hackers take advantage of a lack of identity protection. In 2023, cyberattacks using valid credentials to gain access to user accounts increased 71% from 2022, according to IBM’s 2024 X-Force Threat Intelligence Index.

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US bank regulator didn’t have safeguard on hacked email account

Bank Automation

If multifactor authentication had been turned on it likely would have […] The post US bank regulator didnt have safeguard on hacked email account appeared first on Bank Automation News.

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7 Important Theft Protection Features for a Cryptocurrency Wallet

VISTA InfoSec

Whichever cryptocurrencies you’re trading in, make sure to look for these security features in your next crypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password.

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7 Important Theft Protection Features for a Cryptocurrency Wallet

VISTA InfoSec

Whichever cryptocurrenciesyouretrading in, make sure to look for these security features in yournextcrypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password.

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FIs budget for next-gen MFA solutions for 2025

Bank Automation

Financial institutions concerned about cybercrime will be investing in next-generation multifactor authentication solutions in the next year to combat cybercrime. Deploying these solutions in 2025 is a top priority for FIs as AI-related fraud becomes increasingly sophisticated, according to a Nov.

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Secret Double Octopus Reports Investment From SC Ventures

PYMNTS

The solution will come through more advanced methods like multifactor authentications that do away with the reliance on passwords. Multifactor authentication can be cumbersome for users, though, who often value efficiency over security.