Category Archives: Uncategorized

xxx We found that an SMS code sent to a recovery phone number helped block 100% of automated bots, 96% of bulk phishing attacks, and 76% of targeted attacks. On-device prompts, a more secure replacement for SMS, helped prevent 100% of automated bots, 99% of bulk phishing attacks and 90% of targeted attacks. From GoogleContinue reading “Google Online Security Blog: New research: How effective is basic account hygiene at preventing hijacking”

National Institute for Standards  and Technology (NIST) 8105 Report on Post-Quantum Cryptography (April 2016) frames the situation nicely, noting that in recent years there has been a substantial amount of research on quantum computers – machines that exploit quantum mechanical phenomena to solve mathematical problems that are difficult or intractable for conventional computers. If large-scale quantumContinue reading “PQC”

xxx “The security incident stemmed from cybercriminals breaching Checkers’ systems and installing malware on point of sale systems across more than 100 of its stores. The malware is designed to collect data stored on the magnetic stripe of payment cards, including cardholder name, payment card number, card verification code and expiration date… The incident impacted 102Continue reading “POS Malware Found at 102 Checkers Restaurant Locations | Threatpost”

xxx “NDI is a digital credential for users to transact with Government and businesses using a single trusted digital identity. Industry can make use of the NDI to build new services and improve the security and user experience of existing services. By the third quarter of FY19, the Government will launch ‘SG-Verify’, a facility forContinue reading “More Citizens and Businesses Satisfied with Government Digital Services”

xxx “In an initial trial conducted with Carphone Warehouse, more than half of customers chose to use the new NatWest service rather than using their card,” From “NatWest leverages open banking to cut transaction fees by 25% • NFC World”. xxx

xxx The system could also read the serial number on the banknotes accepted, and allow casinos to “track every single transaction to an individual piece of paper or currency,” he added. From GGRAsia – JCM Global promotes its casino banknote tracking tech. xxx

When Facebucks were first announced, the FT Lex column asksed why, if Facebook launched a “cryptocurrency” (let’s not get into whether it is a cryptocurrency or not again), “why would anyone want to use it?”. The column says that since purchases can be done “safely and easily with credit cards in stable, government-backed currencies” thereContinue reading “Why Libra?”

xxx “Close to 60 per cent of WeChat revenue comes from payments. Less than a third is from advertising. If Facebook could create a digital currency that ties together multiple payments services it would also gain access to a wealth of new information that would make its advertising business more valuable.” From “Facebook: coining itContinue reading “Facebook: coining it | Financial Times”

xxx “In 1954, UK-based technology company Pye Radio came up with a neat little cost-cutting innovation. In order to avoid the expense that came with collecting cash from the bank, guarding it, checking it and sorting it into individual wage packets, they decided they would pay their (mostly very skilled) workers by cheque. It didContinue reading “Workers will be paid when they please in a tight market | Financial Times”

xxx “Businesses exempted from the [Philadelphia] law include parking garages and lots, wholesalers like Costco that have memberships, and those that typically need large deposits unlikely to be paid in cash like hotels, the Journal wrote. It also has a carve-out for ‘retail stores selling consumer goods exclusively through a membership model that requires paymentContinue reading “Philadelphia Just Banned Most Cashless Stores”