To answer that question, let’s look at the traditional method of authentication to really understand its shortfalls. Background Since the dawn of the web, online account authentication has barely changed. A user would input their username (email or screen name) and following up with a password. This is the foundation of knowledge based authentication (KBA) For companies which aim to appear more secure, it isn’t uncommon for them to use knowledge based authentication questions in addition to your password. I
…Read More >
In the middle of teaching his Journalism class at NYU, Adam Penenberg’s laptop stops but it’s not frozen. A grey screen appears and directs him to dial a number to unlock his computer. Bemused, as the lecture grinds to a halt, he reaches for his phone. It won’t accept his PIN code. He’s been hacked. You might not be aware that hijacking somebody’s life – full-scale identity theft – doesn’t require any hacking expertise. Just criminal intent and some spare …