MFA Archives - Page 3 of 3 - Cyber Security Minute

Biometric device revenues to drop 22%, expected to rebound in 2021

Issued by: Help Net Security

In the aftermath of the COVID-19 pandemic, global biometric device revenues are expected to drop 22%, ($1.8 billion) to $6.6 billion, according to a report from ABI Research. The entire biometrics market, however, will regain momentum in 2021 and is expected to reach approximately $40 billion in total revenues by 2025. Global biometric device revenues…

Vulnerabilities

Believe the hype, but control the threat: Reducing the risk of ransomware

Issued by: Help Net Security

Ransomware is becoming an epidemic for any collection or repository of data. Each day the attacks seem to be getting larger and more lucrative for cybercriminals. According to Europol’s annual report, the Internet Organised Crime Threat Assessment (IOCTA), file-encrypting malware attacks could become far more destructive as cybercriminals change their tactics. The IOCTA lists ransomware…

Software Security

ImageWare Launches Multi-modal Biometric Authentication for Enterprises

Issued by: Security Week

Today’s security consensus is that password-based authentication and access is insecure, and that some form of two- or multi-factor authentication is necessary. The simplest and easiest second factor is an SMS-based soft token, and that is the route already adopted by many organizations. However, NIST’s recently published concern over some implementations of SMS-based 2FA has…