General Data Protection Regulation Summary
May, 25 will certainly be a key date for the history of the European Union. On this day, the new version of General Data Protection Regulation (GDPR) will take full force. It expands both Controllers and Processors’ commitments to the data privacy issues. According to the rules this document activates, all the companies and organizations across the EU will have to enhance their transparency and accountability measures. To put it...
Strong Customer Authentication According To PSD2: Summary & Checklist
The changes that are guaranteed to transform the EU financial market have finally arrived. On January 13, 2018, the second Payment Services Directive (commonly known as PSD2) came into force in the European Union. In this article, we’ve gathered all the information on PSD2 security and strong customer authentication requirements to help the existing and future companies to get ready for these changes. So let’s get started with our...
10 Most Popular Two-Factor Authentication Apps Compared
This article discusses two-factor authentication apps, which feature different functionalities, are based on different principles but serve one purpose – reliable protection of access to sensitive information. Today, we will try to review some of the most popular applications for one-time passwords generation from the Google Play market and two hardware OTP tokens that can replace two-factor authentication apps. There are a lot...
The Pros and Cons of Different Two-Factor Authentication Types and Methods
Along with the first digital devices rose a need to ensure the security of stored data and to differentiate access to various functions. A variety of methods for unambiguous authentication of users on which security is based are called authentication factors. These include codes, logins, passwords, certificates, hardware keys, and so on. The whole set of authentication factors can be divided into three groups: Factors of knowledge...
10 Steps to Eliminate Digital Security Risks in Fintech Project
Any kind of project can be of potential interest to attackers, since the information stolen in an attack can be turned into cash. In the case of financial projects, though, an attack usually results in attackers transferring user or system funds to an unknown location. This eliminates the extra steps it would otherwise take them to reach their ultimate goal. Regardless of what stage your fintech project is at, it’s never a bad...
Social Engineering Against 2FA: New Tricks
In the digital age, data protection is important for every Internet user since today people entrust network with too much information: passport data, electronic and physical addresses, payment cards information, and social security numbers. There are various authentication scenarios used to protect the user’s confidential information. And two-factor authentication has been recognized as one of the most reliable. All information...