Tag: ID

Can anyone make security cool?

I made my first Internet purchase in 1993, a T-shirt for the nascent music-sharing site IUMA (Internet Underground Music Archive). The founders of IUMA, all from the University of California, Santa Cruz, had thought a lot about their venture, and understood many things about the Internet, the law and risk. First of all, IUMA didn’t […]

There is no winner in the case of bank vs.…

Several weeks of harsh headlines explaining the tough battle of customers versus bank lawsuits and cybercrime.
In early June, a court in Maine ruled in favor of Ocean Bank in an ACH fraud lawsuit, stating that, “having verified IDs, passwords and requested challenge response questions, it acted in good faith by processing the ACH payments and Patco (the customer) was to blame for letting its details become compromised.” Recently, however, it appears that the opposite has occurred, when a ruling from a Texan judge favored the business which had been the victim of fraud.

Bank lawsuits expose legal confusion over cybercrime

In two consecutive weeks we saw headlines made by customer versus bank lawsuits relating to cybercrime. One judge ruled that questions and answers were good enough to protect the customer. Then, a separate judge rules that the bank should have detected a mere 100 wire transfers from an account after IDs, passwords, and its OTP token password were compromised. Who was right?

Securing mobile banking for the ‘unbanked’

On this blog we often write about NFC technology, mobile payments and the latest technologies using smartphones and digital security to empower our everyday lives. A lot of the time, these innovations and technological advances relate to more developed regions, whether North America, Europe, the Middle East or Asian countries such as South Korea and […]

Smart ID cards for smart South African citizens

As the former President of South Africa recovers in hospital, having fought for and overseen the breakdown of apartheid in his country, it’s somehow fitting that Mr Mandela was among the first to receive the country’s new identification (ID) smart cards recently. Coinciding with International Nelson Mandela Day, other notable recipients of the smart technology […]