Biometric Signature ID Releases Case Study Showing 80% Cost Reduction in Physical Proctoring with New Student Identity Proofing Solution
BSI’s BioSig-ID authentication software found to deliver 93% savings in reduced help desk calls, increased academic integrity, enhanced compliance with student ID verification regulations and capital recovery as documented by eduKan Consortium. Biometric Signature ID, Inc. (BSI) announced today that their patented BioSig-ID™ dynamic biometric technology for student identity proofing has shown dramatic cost savings in several areas as documented at eduKan Consortium. The white paper case study report was released today showing a 405% Return-on-Investment (ROI), in less than two-thirds of a year of use. BSI is the only company with a patented software-only biometric technology that exceeds NIST accuracy requirements in the $12.6B Identity and Access Management (IAM) authentication market. “Our goal was to find a student identity solution that allowed us to be compliant with the changing HEOA regulations and accrediting agency, be transparent to our students and be used for randomly to authenticate who is logged into our ...
Hackers Publish Symantec’s Source Code
Hacker YamaTough has published Symantec's pcAnywhere's source code that was stolen after entering Symantec's network and taking source code for pcAnywhere and Norton Antivirus. pcAnywhere is used for accessing personal computers remotely. YamaTough published this source code after an attempt to extort $50,000 failed last night. He also claims that the source code has backdoors which allow for spying through the software by governments and other individuals who know how to access them.
What Cybercriminals Do With Your Personal Data
When hackers attack a company's systems and steal your personal data, what risk does that pose to you and other victims? How much is your name and email address worth to cybercriminals anyway? To find out what's really at stake, CIO.com asked security experts six key questions about data security breaches. Why is this information valuable to cybercriminals? [caption id="" align="alignleft" width="248" caption="What do cybercriminals do with your information?"][/caption] Personal information is the currency of the underground economy. It's literally what cybercriminals trade in. Hackers who obtain this data can sell it to a variety of buyers, including identity thieves, organized crime rings, spammers and botnet operators, who use the data to make even more money. Spammers, for example, might get a fresh list of email addresses to which they can send Viagra and Cialis offers. ...
BSI to Present Innovations Panel at 2012 DOJ Cybersecurity Conference
BSI is excited to be presenting at the upcoming 2012 DOJ Cybersecurity Conference in Washington DC on Thursday, February 9th 2012. [caption id="attachment_1622" align="aligncenter" width="576" caption="2012 DOJ Cybersecurity Conference"][/caption] The Department of Justice (DOJ) is recognized as a leader in Cybersecurity among civilian agencies. Cyber attacks not only impact DOJ information systems, but also the DOJ mission, its public image, and public trust. Each of us has an important role to fight the persistent threat to DOJ’s information and to ensure the secure operations of our systems and networks. With this in mind, DOJ is presenting the Fourth Annual Cybersecurity Conference to bring together those who specialize in Cybersecurity from all DOJ components. The Cybersecurity Conference is a two-day interactive and educational forum. The theme of the 2012 conference is "Managing Risk in a Dynamic ...
‘100,000′ More Stolen Facebook Logins Posted by Israeli Hacker
An Israeli hacker, who calls himself Hannibal online, has once again obtained tens of thousands of Facebook credentials (e-mail addresses and passwords). This time he’s claiming to have access to over 100,000 Facebook accounts belonging to Arabs. He has also announced he will not be posting again because “the Arab hackers are gone” and he has thus declared victory. Hannibal’s latest posting is part of a long string of attacks in the Middle East, where a a hacker war began on January 3, 2012. You can read the the rest of this article by ZDNet from 21 January 2012 by Emil Protalinski by clicking here.
Biggest Consumer Danger: Identity Theft Not Stolen Credit Cards
In the United States, if you use a credit card from MasterCard (MA), American Express (AXP), Visa (V) or Discover (DFS), typically you are protected from fraud on any amount over $50. Almost all online retailers have become smart and store your credit card numbers separate from the rest of your information (which Zappos has done). Zappos seems to have (also) followed the standard practice of encrypting passwords. Unfortunately, even encrypted passwords or ‘hashes’ in security terminology are sought after by criminals. In theory, hashes are difficult to crack, but in practice criminals can run hashes through computer programs and easily pick out weak passwords. Given enough computer power, even moderate and strong passwords are usually not too difficult to crack. Read the rest of this article by Forbes, by Nigam Arora, 17 January 2012 by clicking this link.
Hackers Accessed 24 Million Zappos Customers’ Account Details
The Amazon-owned e-commerce firm has revealed that it was the target of a cyber attack that gained access to its internal network, including the accounts of 24 million of its users. Though the company says that no complete credit card numbers were revealed in the breach, the intruders may have accessed customers’ names, e-mail addresses, phone numbers, addresses, the last four digits of their credit card numbers, and encrypted passwords. Zappos says it’s taken the precaution of resetting the passwords of all its customers and directing them to set a new password upon visiting the site. Read the rest of this story at Forbes by Andy Greenberg on 15 January 2012 by clicking here
More than $20M Stolen from Banks, Individuals and Nassau County Government
Nassau County District Attorney Kathleen Rice has announced that the kingpin of the largest mortgage fraud and identity theft ring in Nassau County history has been sentenced to four to 12 years in prison for his role in leading an organization that stole more than $20 million from homeowners, banks, and the Nasssau County government. The DA explained that in order to accomplish this, Sweet Deal recruited individuals to impersonate the seller and buyer, whose identities had been stolen. Sweet Deal also assigned a member of Sweet Deal to impersonate a paralegal and also stole an attorney’s identity to set up a bank account to launder money through. Read the rest of this Westbury Times article from 16 December 2011 by clicking here.
FBI to Get More Cybercrime Agents
The FBI is one of a handful of U.S. agencies tasked with investigating computer crimes and one of the many roadblocks that has stood in the way of more successful cases and prosecutions is a lack of resources, mostly in the form of trained agents. It looks like the bureau will be getting the money in 2012 to hire more agents for its cybercrime unit, but the 14 new agents included in next year's budget still aren't nearly enough to address the full scope of the problem in the U.S., let alone globally. In its budget request to Congress, the FBI has asked for $166.5 million--or $18.6 million more than 2011--for its efforts to investigate and fight computer crimes. Much of the increase is earmarked for new personnel, specifically 42 new positions, including 14 special agents. There also is money meant to be used for training and other functions within the ...
35 Million Steam Users Compromised in Hack
Gamers who use the digital distribution network Steam were warned that their account information may have been exposed to hackers following a compromise of the company's Web page and back end databases. The incident yielded a slew of sensitive customer information, including user’s passwords and encrypted credit card numbers, Steam said. The warning came after an investigation of a Web site defacement that affected Steam's forums on November 6th. Hackers were able to bypass the message boards and access the site’s database, according to a message sent to the site’s users last night by Steam co-founder Gabe Newell. Read the rest of this article at Threat Post's blog 11 November 2011, online by clicking here.
Industry Use Cases
Securing Mobile and Cloud ComputingAs we become more mobile in our computing activities from banking, shopping, working and ...
Meet New FFIEC RequirementsThe Federal Financial Institutions Examination Council (FFIEC) released a supplement (June 28, 2011) to ...
Latest News
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Biometric Signature ID Releases Case Study Showing 80% Cost Reduction in Physical Proctoring with New Student Identity Proofing Solution
BSI’s BioSig-ID authentication software found to deliver 93% savings in reduced help desk calls, increased academic integrity, enhanced compliance with student ID verification regulations and capital recovery as documented by ... -
Hackers Publish Symantec’s Source Code
Hacker YamaTough has published Symantec's pcAnywhere's source code that was stolen after entering Symantec's network and taking source code for pcAnywhere and Norton Antivirus. pcAnywhere is used for accessing personal computers remotely. YamaTough ...
