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...
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...
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...