Category: Industry News

Don’t Get Caught Hook, Line & Sinker

Phishing has historically been a high-level threat to security, and the past year has been no different. According to the Verizon Data Breach Investigations Report 2021, phishing is present in 36% of data breaches reported. This is an increase of 11% from 2020. Phishing attacks attempt to get an individual to provide vital security details…
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August 12, 2021 0

Considering the Options: Hosted Environment and/or Service Bureau Processing

In the ever-changing financial landscape, bank executives are often faced with many looming questions. These questions may involve operational decisions for their bank, including whether a hosted environment is a good fit for them versus self-managing their own environment. They might also consider if moving to a service bureau for processing would be more efficient…
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July 15, 2021 0

Growth Mindset

Since its inception in April 2016, IDS On-Time (IDSOT) has seen incredible growth. Many years have passed since our initial bank was onboarded, and we now process for 72 banks. We handle increasingly more processing tasks on behalf of our banks, and we have increased staffing levels significantly over the years. These are some of…
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June 7, 2021 0

Two-Step Verification (2SV)

A majority of sites and applications typically require the use of a username, as an identifier, and a password, as a primary authentication method. Depending on assessed risks and the sensitivity of data accessed through the login form, a more secure login posture may be required. A MultiKey authentication system provides the opportunity to configure…
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April 12, 2021 0

Could Security Tokens Be Bigger than Bitcoin?

Bitcoin is the world’s most recognizable encrypted, digital cryptocurrency coin; however, Bitcoin is just one of over 4,000 different types.  The top five largest, by market cap, are: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Cardano (ADA). Combined, these five are currently worth $250 Billion USD. Bitcoin makes up over half of…
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September 30, 2019 0

Servers at End of Life – An Opportunity for Growth

Microsoft has announced that their Windows Server 2008 End of Life (EOL) is set for early next year (2020) and their Windows Server 2012 is slated for EOL in 2023. End of Life, for Microsoft, means that they will no longer provide any support or updates for these products, putting them at inevitable risk for…
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September 16, 2019 0

The Human Aspect of Ransomware

You may have read or heard about cities in Florida and Baltimore being hit with ransomware that essentially stopped them from providing services. Ransomware, a form of malware, is a plague to businesses worldwide. It locks your data away in a secured (Encrypted) format that denies you any way to access or use it. Ransomware can…
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July 9, 2019 0

FIDO: Security without Passwords

First, a test question:  What is the word FIDO generally thought to be? Name of a family dog Name of a zombie movie An acronym standing for Fast Identity Online All of the above You have 30-seconds and there is no prize for a correct answer.  OK, times up and “d” is the correct answer;…
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January 21, 2019 0

Suspicious Packages

Within the last decade, there has been an uptick of incidents where police are called to evaluate a “suspicious package”. Inevitably, the bomb squad is called in and at times the item is destroyed or blown up in a controlled manner to neutralize the threat. No chances are taken and safety is not compromised on…
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November 20, 2018 0