Author Archive
Card Processors Attacked in $45 Million Bank Heist Identified
The identities of the card processing companies targeted in a massive cyber offensive have surfaced. EnStage, a processor based in Cupertino, Calif., and ElectraCard Services, which is based in Pune, India, processed prepaid payments for two Middle Eastern banks struck in the attack, which drained $45 million from ATMs in dozens of countries, Reuters reported on Saturday, citing unnamed sources familiar with the situation. The U.S. Government has charged eight people in New York with allegedly using MasterCard prepaid cards encoded with information stolen from the processors to make thousands of withdrawals. The suspects allegedly belonged to an international operation that hacked into the processors' networks, according to prosecutors, who declined in an indictment unsealed Thursday to identify the processors. EnStage handled payments for National Bank of Ras Al-Khaimah in the United Arab Emirates, known as RAKBANK. The bank lost roughly $5 million after attackers allegedly used the cards in December for 4,500 ...
Beyond User Names and Passwords: Meet the NSTIC Pilots at RSA
Beyond User Names and Passwords: Meet the NSTIC Pilots at RSA A key component of the President’s National Strategy for Trusted Identities in Cyberspace (NSTIC), the pilot projects funded by NIST seek to catalyze a marketplace of online identity solutions that ensures the envisioned Identity Ecosystem is trustworthy and has the confidence of individuals. Using privacy-enhancing architectures in real-world environments, the NSTIC pilots are testing new methods for identification online for consumers that increase usability, security, and interoperability to safeguard online transactions. The five NSTIC pilots are deploying innovative approaches to online identity management in financial services, retail, health, and education. Each is piloting secure, privacy-enhancing, and usable technologies that go beyond usernames and passwords to ensure trust, confidence, and ease-of-use. Brief descriptions of the pilots are below, highlighting the security technology component of each, along with contact information here at RSA. In some cases, demonstrations of the pilot security solutions are ...
Jeff Maynard CEO of Biometric Signature ID Participates at IDESG Conference for Online Privacy
Jeff Maynard CEO of Biometric Signature ID Participates at IDESG Conference for Online Privacy Dallas May 10, 2013. Biometric Signature ID (BSI) CEO Jeff Maynard attended the Identity Ecosystem Steering Committee Group (IDESG) meeting this week to take part in discussions about online privacy and its continuous importance in cyberspace. The meeting held in Santa Clara CA, attracted key decision makers and subject matter experts from around the country. The meeting focused on some of the major hurdles facing companies dealing with authentication of online identities, security and privacy. In conjunction with the meeting the five groups from the National Strategy for Trusted Identities in Cyberspace (NSTIC) presented on their progress towards securing online transactions using their trusted frameworks. Biometric Signature ID technology using gesture biometrics was chosen as one of these NSTIC groups with its partners, American Association of Motor Vehicle Administrators (AAMVA), Microsoft, CA, AT&T and Virginia’s DMV. The NSTIC groups were all ...
of Community Colleges Online to Address the Use of Biometrics for Online Student ID Verification at Pearson’s CITE Conference
Press Release: Biometric Signature ID and the Iowa Consortium of Community Colleges Online to Address the Use of Biometrics for Online Student ID Verification at Pearson’s CITE Conference April 1, 2013 Dallas, TX, April 1, 2013--(PR.com)— Ann M. Jenkins, Instructional Designer, ICCOC, a consortium of 7 colleges in Iowa, and Jeff Maynard, CEO of Biometric Signature ID, (BSI), are scheduled to co-present at the upcoming Pearson CITE Symposium on Online Learning Emerging. The presentation will highlight the cost savings and long-term benefits from ICCOC’s use of BSI’s patented BioSig-ID™ biometric technology for student identity proofing. Instructors saved up to 20 hours per semester by switching from proctoring to BioSig-ID and found no differences in student grades. Jenkins and Maynard will be sharing the results of the ICCOC’s user experiences over the last year and how the new BioSig-ID audit trail was responsible for identifying suspicious student behaviors leading to cheating. ICCOC’s BioSig-ID Student ...
NSTIC-led ID plan earmarks $4 million to secure state government services
The two-year-old initiative to create an identity layer for the internet is backing a set of projects aimed at creating identity-based security to support state and local government services online. Read More
Gesture Recognition & Touch-less Sensing Market Worth $12.21 Billion by 2018
According to a new market research report Gesture Recognition & Touchless Sensing Market (2013 - 2018): By Technology (RFID, IR, Capacitive); Product (Biometric, Gaming, Smartphone); Application (Healthcare, Consumer Electronics, Automotive); Geography (Americas, EMEA, & APAC), the total touchless sensing and gesture recognition market is expected to reach $15.02 billion by 2018 growing at a CAGR of 34.94% from 2013 to 2018. Read More
Two-Step Verification Will End Consensual Impersonation
A couple of months back, I advocated killing your password policies and applying some other techniques instead to make existing use of passwords more effective (including my hobby horse: take the user-experience sting out of rotating ordinary static passwords by pushing them out to users on an alternate channel, à la activation codes and other OTPs). But adding factors is still a great idea, and the barriers to doing so are falling fast. Read More
Click and Go Vote: PA politician proposes online registration
HARRISBURG — It’s possible in these days of instant connectivity to monitor nearly every financial, physical and social transaction using the Internet – from banking to travel, and from dieting to dinner reservations. Read More
Biometric Signature ID Strikes Deal with Mohegan Biometrics LLC to Provide Online Identity Verification Solutions
This investment is consistent with the tribal Council’s strategy to diversify its revenue sources by pursuing other non-gaming investment opportunities. The Tribes’ Business Diversification Department identifies and evaluates various diversification opportunities in commercial enterprises and technologies such as BSI’s gesture biometrics. For full article click here.
Harvard Students Forced to Withdraw in Cheating Scandal
More than half of the students implicated in a Harvard University cheating scandal that involved about 125 undergraduates were told to withdraw for as long as a year. Full article click here.
Latest News
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Card Processors Attacked in $45 Million Bank Heist Identified
05/24/2013
The identities of the card processing companies targeted in a massive cyber offensive have surfaced. EnStage, a processor based in Cupertino, Calif., and ElectraCard Services, which is based in Pune, India, processed prepaid payments for two Middle Eastern banks struck in the attack, which drained $45 million from ATMs in dozens of countries, Reuters reported [...]
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Beyond User Names and Passwords: Meet the NSTIC Pilots at RSA
05/24/2013
Beyond User Names and Passwords: Meet the NSTIC Pilots at RSA A key component of the President’s National Strategy for Trusted Identities in Cyberspace (NSTIC), the pilot projects funded by NIST seek to catalyze a marketplace of online identity solutions that ensures the envisioned Identity Ecosystem is trustworthy and has the confidence of individuals. Using [...]
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Jeff Maynard CEO of Biometric Signature ID Participates at IDESG Conference for Online Privacy
05/10/2013
Jeff Maynard CEO of Biometric Signature ID Participates at IDESG Conference for Online Privacy Dallas May 10, 2013. Biometric Signature ID (BSI) CEO Jeff Maynard attended the Identity Ecosystem Steering Committee Group (IDESG) meeting this week to take part in discussions about online privacy and its continuous importance in cyberspace. The meeting held in Santa [...]
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NSTIC-led ID plan earmarks $4 million to secure state government services
04/03/2013
The two-year-old initiative to create an identity layer for the internet is backing a set of projects aimed at creating identity-based security to support state and local government services online. Read More
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Gesture Recognition & Touch-less Sensing Market Worth $12.21 Billion by 2018
04/03/2013
According to a new market research report Gesture Recognition & Touchless Sensing Market (2013 – 2018): By Technology (RFID, IR, Capacitive); Product (Biometric, Gaming, Smartphone); Application (Healthcare, Consumer Electronics, Automotive); Geography (Americas, EMEA, & APAC), the total touchless sensing and gesture recognition market is expected to reach $15.02 billion by 2018 growing at a CAGR of 34.94% from 2013 to 2018. [...]
