As threats from bad actors become more and more complex and increasingly successful, every organization in the financial industry needs to step up security to make sure that employees, the company, and customers are safe. Studies show that up to 70% of breaches come from stolen passwords. Multi-factor authentication (MFA) has proven to greatly reduce the risks […]

National Institute of Standards and Technology

In my previous post, I discussed how using two-factor authentication will greatly reduce the risks associated with stolen passwords. In this post, I will share a real-world example of a recent incident and how it affects the types of two-factor technologies you should use. In February this year, T-Mobile sent out a press release and a text […]

According to CSO online, more than a billion plain text passwords from third-party data breaches are freely available on the internet. Combined with the human tendency to reuse passwords for multiple services, and it goes without saying that it is likely your users’ corporate passwords have already been hacked.  In 2017, NIST quietly changed their password […]