In-brief: Equifax said on Friday that its Chief Information Officer and Chief Security Officer had “retired” in the wake of a massive data breach that leaked sensitive on some 143 million people.
In-brief: Beset by a plunging share price, class action lawsuits in dozens of states, pending Congressional hearings and a FTC investigation, Equifax on Wednesday finally settled speculation and named a six month old hole in a common software platform, Apache Struts, as the cause of a massive hack.
In-brief: Companies like Microsoft and Google have both unveiled initiatives that de-emphasize the traditional, static, alpha-numeric password in recent days. So is the password going the way of the horse and buggy? Don’t be so sure, says Robert Capps of the firm NuData. Capps thinks that passwords will be with us for the foreseeable future and that companies concerned about security need to do more than just find a more secure way to log-in.
In-brief: Google is pushing an approach to network security dubbed “tiered access,” demoting the trusted password, which is now just one piece of data that is needed to get access to sensitive data and resources on Google’s network.
In-brief: companies that want to make life difficult for cyber criminals can start by moving valuable data off the front lines and finding ways to use less valuable information to verify the identity of their customers, writes Keir Breitenfeld, who works for Experian’s Fraud & Identity Solutions group.