Singapore Banks to Phase Out OTPs for Online Logins Within 3 Months

Retail banking institutions in Singapore have three months to phase out the use of one-time passwords OTPs for authentication purposes when signing into online accounts to mitigate the risk of phishing attacks. The decision was announced by the Monetary Authority of Singapore MAS and the...

‘Supercookies’ Have Privacy Experts Sounding the Alarm

A German ad-tech trial features what Vodafone calls “digital tokens.” Should you be worried?...

Fake Trezor app steals more than $1 million worth of crypto coins

Several users of Trezor, a small hardware device that acts as a cryptocurrency wallet, have been duped by a fake app with the same name. The app was available on Google Play and Apple’s App Store and also claimed to be from SatoshiLabs, the creators of Trezor. According to the Washington Post, th...

Flipboard Database Hacked — Users' Account Information Exposed

Flipboard, a popular social sharing and news aggregator service used by over 150 million people, has disclosed that its databases containing account information of certain users have been hacked. According to a public note published yesterday by the company, unknown hackers managed to gain...

American Express Brings Tokenization to Payment Cards

American Express has taken steps toward lifting the burden from retailers having to store payment-card data with the announcement of its American Express Token Service. The service will replace traditional 16-digit credit card numbers with a digital token. Consumers carrying a card supporting the...