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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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The fraud fight can't live on strong authentication alone

Payments Source

Without additional security measures, hackers can compromise multifactor authentication and wreak havoc on financial institutions and their customers.

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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. Fortunately, most wallet developers take malicious actors seriously.

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Combating ATOs With Multifactor Authentication, Behaviors Analysis And Customer Education

PYMNTS

Customers cannot afford to let fraudsters compromise their bank accounts under any circumstances, but the current economic climate makes attacks all the more painful. Reusing passwords puts consumers at greater risk because fraudsters who can compromise an account with one business can use those details to gain entry into others.

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Chatbot Company Sued By Delta Over Data Breach

PYMNTS

The airline claims that 24[7] fell short of implementing basic security controls like forbidding workers from using the same login credentials or requiring multifactor authentication for employees accessing source code. According to the news outlet, hackers changed the source code of the chatbot via compromised credentials.

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Deepfakes Threaten To Become The New BEC Scam

PYMNTS

The business email compromise (BEC) scam continues to rear its ugly head at the enterprise, with the global pandemic creating even more avenues through which cyber attackers can steal company money. At the heart of BEC and other scams is impersonation.

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How The U.S. Government Sets The Benchmark For Digital ID Standards

PYMNTS

“NSTIC called out the national need to eliminate PINs and passwords as single authentication factors and to use multifactor authentication for stronger [verification],” Temoshok explained. “It People will go around them, whether that’s password composition rules or multifactor authentication.”.