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New EU Strong Customer Authentication Standards: Implications for Payment Service Providers

Data Matters

Under the revised Payment Services Directive (2015/2366) (PSD2), the European Banking Authority (EBA) and the European Commission were required to develop and adopt regulatory technical standards on strong customer authentication and common and secure open standards of communication. STRONG CUSTOMER AUTHENTICATION. What is SCA?

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Visa warns of new sophisticated credit card skimmer dubbed Baka

Security Affairs

Visa issued a warning regarding a new e-skimmer known as Baka that removes itself from memory after having exfiltrating payment card details. Baka is a sophisticated e-skimmer developed by a skilled malware developer that implements a unique obfuscation method and loader. SecurityAffairs – hacking, Baka e-skimmer).

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50 Ways to Avoid Getting Scammed on Black Friday

Adam Levin

Mobile payment platforms, like Apple Pay and Google Pay, use advanced technology, like fingerprint authentication and tokenization (in which credit card account numbers are replaced by randomly generated numbers) to provide brick-and-mortar shoppers with an added layer of security. Create long and strong passwords. Lock your devices.

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Hundreds of millions of Android users exposed to hack due to CVE-2020-8913

Security Affairs

The list of vulnerable apps is long and includes OkCupid, MS Edge, Xrecorder, Yango Pro, and PowerDirector, are still vulnerable and can be hijacked to steal sensitive data, such as passwords, financial details, and e-mails. ” reads the post published by Check Point.

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API Security 101 for Developers: How to Easily Secure Your APIs

ForAllSecure

Or, a delivery app could use the API to calculate the best route between two locations. Broken Authentication and Session Management Authentication is the process of verifying the identity of a user or system. Session management is the process of managing user sessions once they are authenticated.

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In Case You Missed It: Money 20/20 Conference Highlights

Thales Cloud Protection & Licensing

Three topics that piqued my interest at the 2017 show included authentication, blockchain and digital payments. Authentication. Authentication was a key theme among several sessions, as well as interoperability. Compare that process with a typical card application and waiting for delivery in the mail so you can then activate it!

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GUEST ESSAY: Understanding the security limits of the static and dynamic passwords we rely on

The Last Watchdog

We all rely on passwords. For better or worse, we will continue to use passwords to access our computing devices and digital services for years to come. Related : The coming of password-less access. Passwords were static to begin with. They have since been modified in two directions: biometrics and dynamic passwords.

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