MFA
Multifactor Authentication Helps Secure Online Systems
Image sourced from Iberdrola.com. The approach of the New Year is the ideal time to start investigating Multifactor Authentication (MFA), a layered approach to electronic security that requires two or more credentials to verify identity. SA’s Internet Service Providers’ Association (ISPA) says the one-time password (OTP) that underpins many MFA systems ensures there’s an extra security layer preventing unauthorised logins. However, most modern phones and laptops now have built-in security keys and use biometrics to implement MFA. These options are more effective than OTP-based solutions alone. Few realise that when you use fingerprint or facial recognition to unlock your smartphone, you’re using two factor authentication. These biometric systems can also be integrated into any corporate we...
How Hackers Get Your Passwords & How to Defend Yourself
Sourced from Travellers Despite the world’s best efforts to get everyone off passwords and onto something else (e.g., MFA, passwordless authentication, biometrics, zero trust, etc.) for decades, passwords have pervasively persisted. Today, nearly everyone has multiple forms of MFA for different applications and websites AND many, many passwords. The average person has somewhere between three to seven unique passwords that they share among over 170 websites and services. And, unfortunately, those passwords often get stolen or guessed. This is why I recommend the following password policy guide: Most computer security experts agree with these policy recommendations, but more than a few readers might be shaking their heads, especially at the recommendations to use 20+ character passwords/pass...
Gold rises on renewed US stimulus hope, dollar falls
Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...
