Authentication Industry News


Interesting news form the authentication industry.

15 April 2009

Hackers' discount - stolen card details for 8 cents

The theft of personal information by hackers is so prevalent - and efficient - that stolen credit card details now sell for as little as eight cents a card, a report by one of the world's biggest computer security companies says.

http://www.smh.com.au/articles/2009/04/14/1239474875517.html

19 March 2009

Online banking fraud soars in UK

Online banking fraud losses in the UK reached £52.5 million in 2008, a whopping 132% increase on the previous year's tally of £22.6 million, according to annual fraud figures released by payments association APACS

http://www.finextra.com/fullstory.asp?id=19790

27 February 2009
Researchers crack e-banking card readers

Researchers from Cambridge University say they have found "numerous weaknesses" in the security of one-time-password generating card readers used for authentication in online banking.

http://www.finextra.com/fullstory.asp?id=19690

19 February 2009

Picking the Browser's Padlock

A new tool interferes with a web site's secure connections.

http://www.technologyreview.com/computing/22202/?nlid=1792&a=f

4 February 2009
RBS Worldpay ATM heist nets $9 million in 30 minutes

RBS WorldPay, the retail payments processing arm of Royal Bank of Scotland Group, allegedly lost $9 million in a 30-minute period during a global ATM heist that involved 100 cloned cards in 49 cities worldwide.

http://www.finextra.com/fullstory.asp?id=19602