Tuesday, September 1, 2009

In Case You Missed It...Web/Online Banking Not Safe!

In the last two weeks, it should have become clear to everyone that Web Security is shot and online banking authentication, including One-Time Passwords (OTC's) and Transaction Authorization Numbers (TANs) needs to be.

40% more consumers are afraid to enter their personal details into web sites than last year, phishing has graduated to Trojans, no website is safe and we're still typing. Meanwhile, Hackers have created "real-time" Keylogging...meaning that even if we "create temporary numeric passwords that get changed each minute, the probelm is that the hacker/attacker now gets the same password immediately." Nice!

Below are links which review some of the posts that cover recent "uncoverings."
If he you have the time, read them and you'll be as convinced as I am that we need to stop typing and start swiping.


Older to Newer: Recent PIN Payments News posts Regarding Web and Online Banking Insecurity


Web Insecurity Part Deaux (Don't...Trust It)

MasterCard vs. Visa: Dueling Compliance Philosphies

Malware Aimed at Stealing Bank Log-In Credentials Growing

ONO! Huge Security Hole on the Web

Bi-Annual Web Hacking Report Released by Breach.com

Credit Card Scam Raises New Web Security Fears

What Causes Financial Fraud? (It's the Stupid Typing!)

Card Fraud Expected to Increase in US...Yet We're Still Typing and Hackers are Still Swiping!

HomeATM's Weapon of "Phish Destruction"...

Did You See the HomeATM Finovate Startup '09 Live Demo?

Attempted Card Not Present Fraud in China up 60%

Experts: More Heartland Style Breaches Expected: This is Probably Just the Start!

Hacker Costs Keep Growing

Hackers Exploit Evolving Web

The HomeATM Solution

Real Time Keylogging Makes OTP Log-In Obsolete (If you Type it...They will Come!)

Online Banking Fraud Worse Than We Think (and we think it's BAD!)

Browsers are to Hacking what Fuel is to Race Cars

As Predicted, It's Getting Worse...Not Better!

Skimming Prevention: Best Practices for Merchantsl

Top 11 eCommerce Paradigm Shifters Put HomeATM in Gear

IBM: Unprecedented State of Web Insecurity - No Such Thing as Safe Browsing

Online Banking Insecure...Only 1 Bank Rated Excellent

FDIC: Online Banking Flawed

HomeATM Provides the "Inevitable" Solution Now

Not the "Type" of Two Factor Authentication we Need...





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