In order to protect sensitive data and operations from unwanted access by intruders and malicious actors, developers integrated authentication and authorization features into their applications. Whether you’re running a banking app, a social media website or a blogging platform, these are the two key functionalities that will seal your application against security incidents. While the two terms are often used interchangeably, authentication and authorization represent [...]
The popularity of identity management single sign-on solutions
With all their drawbacks, passwords have remained popular mostly because people are used to them. User experience, it turns out, is a major driver of security for users.
The Password is dead. Mobile push-based authentication, which enables users to sign on to services with one action, and without passwords, is more effective both in terms of security and user experience
New EU bank regulations will drastically effect security protocols for online banking, and increase responsibility for individual institutions.
The authentication system of the future will do away with passwords. Instead, mathematical algorithms will insure the piece by piece movement of data that will make hacking attempts on any individual transfers superfluous.
Tech Data Europe announced today a pan-EMEA distribution agreement with Secret Double Octopus, a pioneer of keyless multi-shield authentication technology. Secret Double Octopus has developed a solution for the market that applies keyless authentication and identity protection for cloud, mobile, and IoT solutions.
Published on Business Insider on June 25, 2017, by Sam Shead Israel continues to produce an impressive number of highly successful tech companies for a country with a population of just 9 million people. Despite its rather peculiar name, Secret Double Octopus has a credible mission: to eliminate passwords from our daily lives. The company's app allows people to use their smartphones to authenticate that they are who they say they are. Instead of [...]
Published on International Banker by June 20, 2017, by Raz Rafaeli In February 2016, hackers heisted $81 million from the Bangladesh Bank, cleverly stealing the money via the transfer system of the Society for Worldwide Interbank Financial Telecommunication, commonly referred to as SWIFT. Via a series of subterfuges and with the right timing (scheduling the thefts for a weekend, when staff members of the Federal [...]
Posted on From the Grapevine on June 13, 2017 by Binyamin Cohen We've all been there, trying desperately to recall our passwords. Facebook has one login, and your online banking has another. Not to mention the myriad other websites you visit daily that are constantly asking you to type in your password. There's gotta be a better way. Meet Secret Double Octopus. Yes, you read [...]