News

News

IT Briefcase: Making Mobile Wallets Safer

October 13, 2015 -- Making Mobile Wallets Safer Consulting firm Chadwick Martin Bailey found in a recent survey that 15 percent of U.S. consumers have used a mobile wallet in the past six months, up from nine percent in the same period in 2013. The numbers may seem small at first glance, but do the math: that’s a 66 percent increase in usage in just two years. In terms of awareness of mobile wallets, the percentage jump is even higher.

Read More >

PublicNet: Combating Account Takeover

October 9, 2015 -- Combating Account Takeover Ryan Wilk, NuData Security Director of Customer Success explains that the most effective defence for account takeover is detailed observation of user behavior. Theft of data is becoming more prevalent and sophisticated. A worrying development is taking over the user account rather than creating a new account with stolen data. Data verification checks have no value, because all data is correct. In this article Ryan Wilk argues that the most effective defence is detailed

Read More >

Credit Union Times: Account Takeovers, Code Vulnerabilities Threaten Credit Unions

October 6, 2015 -- Account Takeovers, Code Vulnerabilities Threaten Credit Unions Increasing threats of cyberattacks against financial institutions – which are not only growing in size, but targeting more valuable personally identifiable information – have led to increased scrutiny of risk management programs. There are no shortcuts when it comes to establishing an effective, end-to-end cybersecurity program, and in an age when massive data breaches are becoming the norm, complacency is extremely hazardous. One major area of concern involves what happens

Read More >

The Wall Street Journal: Companies Move Beyond Passwords With Human Behavior Algorithms

September 28, 2015 -- Companies Move Beyond Passwords With Human Behavior Algorithms Companies are starting to look at incorporating user behaviors into new security profiles. NuData Security is mentioned in this Wall Street Journal article as one of the startups that has created its own algorithms for authenticating customers. The greatest threat to every corporate network remains the typical employee, a creature known to use the same password across multiple websites and occasionally click on links found in suspicious emails. But

Read More >

BC Business: Entrepreneur of the Year 2015: Innovative Technology and Financial Services finalists

September 25, 2015 -- Entrepreneur of the Year 2015: Innovative Technology and Financial Services finalists We are very proud of our CEO, Michel Giasson, who was named a finalist for the EY Entrepreneur of the Year award in the category of Innovative Technology and Financial Services. We were featured in BC Business, as the winners were announced at last night's gala! Most young companies would proudly boast about their big new clients, but NuData Security co-founder and CEO Michel Giasson knows

Read More >