DRAFT NIST Special Publication 800-63B

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Authenticators may be provided by a CSP as part of a process such as enrollment; in other cases, the subscriber may provide their own, such as software or hardware cryptographic modules. For this reason, we refer to the binding of an authenticator rather than the issuance, but this does not exclude the possibility that an authenticator is issued as well.

From DRAFT NIST Special Publication 800-63B

This is how we think of it in the Consult Hyperion model that has been discussed her before.

Facebook ‘Likes,’ Twitter Followers Won’t Buy You Customers | Bank Think

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Building a digital marketing program around the social media trio of Facebook, Twitter and LinkedIn is a popular strategy by banks aiming to heighten their brand’s visibility, and ultimately, lure new customers. However, social media’s value as a business acquisition tool may be greatly exaggerated.

From Facebook ‘Likes,’ Twitter Followers Won’t Buy You Customers | Bank Think

The study referred to hear notes that word of mouth is the dominant factor in persuading a customer to open an account with a bank. I have no special expertise in the field, but I have long suspected that the social media role has been misjudged. I don’t want to be friends with my bank on Facebook and I don’t want to follow them on Twitter and I have no intention of Snapgramming or Wemailing them or whatever else it is that the kids do today.

Skype finalizes its move to the cloud, ignores the elephant in the room | Ars Technica

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he exposure of IP addresses to peers was abused to perform denial of service attacks against victims, a problem that became distressingly common in the world of e-sports.

From Skype finalizes its move to the cloud, ignores the elephant in the room | Ars Technica

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Blockchain and the Auditing Revolution – Real Time Audit within the Capabilities of Blockchain | Fintech Schweiz Digital Finance News – FintechNewsCH

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Whereas auditing at present entails the confirmation of transactions and balances on a company’s accounting ledger at the end of the period, a transaction on the blockchain would provide a permanent and immutable record of the transaction almost immediately.

From Blockchain and the Auditing Revolution – Real Time Audit within the Capabilities of Blockchain | Fintech Schweiz Digital Finance News – FintechNewsCH

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Why Standards Would Aid Blockchain’s Adoption | American Banker

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Committing to standards would help the industry “get around some of the other hurdles while the underlying technology matures,” said John Burnett, vice president of the Emerging Technologies Center at State Street Corp.

From Why Standards Would Aid Blockchain’s Adoption | American Banker

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Burnett’s list of hurdles is long: how to represent existing assets in a digital way on a blockchain, how existing players communicate with blockchains, what information should be stored on the blockchain, what capabilities can be enabled via smart contracts, and how to represent identities on a blockchain while still meeting know-your-customer and anti-money-laundering requirements. 

From Why Standards Would Aid Blockchain’s Adoption | American Banker

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Techie Held For Hacking Air India Frequent Flyers Accounts

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A 23-year-old techie has been arrested for hacking Air India’s Frequent Flyer member accounts and using them to book tickets sold to several travel agents, Delhi Police said on Sunday.

From Techie Held For Hacking Air India Frequent Flyers Accounts

Now if that isn’t conclusive proof that frequent flier miles are money, I don’t know what is!

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