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...
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...
The Evolution of Two-Step Authentication
With the advent of computer technologies in everyday life, the protection of data transmitted and stored in the network has become a necessity. Along with the hardware and software components, the data protection systems must include authentication tools that can prevent unauthorized access to the accounts. At first, the usual reusable passwords seemed a quite sufficient protection means. But, it soon became clear that this way of...
Strong Authentication Methods in 2016
At the beginning of the new year, everyone is trying to predict what it will bring: what trends will prevail in the economy and politics, what outfits will be the most fashionable, what books will possess the minds and souls, how inventors and developers will surprise and delight fans of technological progress. Let’s try to predict how the technologies and strong authentication methods would develop in 2016, what new things are...
Identification, authentication, and authorization – what’s the difference
Identification, authentication, and authorization. We all face these three concepts every day, but not everyone knows the difference. Since these terms are essential in data protection, they deserve to be explained better. To begin, let’s take an example from everyday life. It will help you to understand the difference between authentication and identification in general. A new employee comes to work for the first time. At the...