Tag: application development

Researchers Sidestep Paypal Two-Factor Authentication

Researchers at DUO Security claim to have found a way of bypassing a two factor authentication feature that secures logins to Paypal.com, eBay’s online payment service. The vulnerability could allow an attacker who has stolen a Paypal customer’s user name and password to gain access to the account, even though the customer had enabled the more secure two-factor authentication option. DUO described the problem in a blog post early Wednesday. According to researcher Zach Lanier, Paypal has published an API (application program interface) for its Security Key two-factor authentication technology that contains a vulnerability that would allow even a non-technical hacker to bypass the second factor when accessing a Paypal customer’s account. An attacker only needs a victim’s PayPal username and password in order to access a two-factor protected account and send money. “The protection offered by the two-factor Security Key mechanism can be bypassed and essentially nullified,” the company wrote in […]

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Wolfram Floats Common Language For Internet Of Things

Amid all the “connected device” hoopla coming out of the Consumer Electronics Show (CES) this week, one of the most interesting announcements came from an unexpected corner: Wolfram Research, a maker of high-end software that is used in scientific research. On Monday, the company’s CEO, Stephen Wolfram, announced The Wolfram Connected Devices Project – an initiative that will comprise both a common catalog of connected devices and a common language to connect them. “Connected devices are central to our long-term strategy of injecting sophisticated computation and knowledge into everything,” Wolfram said. “With the Wolfram Language we now have a way to describe and compute about things in the world. Connected devices are what we need to measure and interface with those things.” Wolfram’s short-term goal is to begin cataloging IoT devices and making those devices ‘searchable’ via its Wolfram Alpha web portal – what the company describes as a ‘computational […]

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Veracode Talking Code

Protecting Smart Cars And The Supply Chain From Hackers

One theme that frequently comes up in my conversations with experienced security veterans when we talk about security and “the Internet of Things” is the absence of what might be termed a “security culture.” That’s a hard term to define, but it basically describes a kind of organizational culture that anticipates and guards against online attacks. Certainly companies that have been selling software in any great number for any amount of time have had to develop their own security cultures – think about Microsoft’s transformation following Bill Gates Trustworthy Computing memo, or Adobe’s more recent about-face on product and software security. But that culture is lacking at many of the companies that have traditionally thought of themselves as ‘manufacturers’ – makers of “stuff,” but which now find themselves in the software business. Think General Electric (GE) or – even better – auto makers. A couple of months back, I had […]

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Welcoming A New Sponsor: Mocana

You’ll notice some new artwork gracing The Security Ledger this week, and that’s because we’ve welcomed a new sponsor to the family: Mocana. I’d like to officially welcome them to the Security Ledger family.   This is a big win for Security Ledger.  Mocana will join Veracode, The Trusted Computing Group and Gemalto in underwriting The Security Ledger’s coverage of IT security news and the intersection of security with The Internet of Things (IoT). But we also win the support of a company that is all about IoT.   If you haven’t already checked out Mocana, I’d urge you to do so. Launched in 2004, the company’s expertise is in securing non-traditional endpoints. Mocana’s Device Security Framework, a suite of device-resident security software that is embedded into devices during the manufacturing process. DSF is a platform that supports a wide range of security functions, both through Mocana-created security modules and support of other […]

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