Data security

Ryan Singer, CEO and cofounder of startup Blockchain Health, discusses the problems with the traditional "shared secrets" method of verifying identities, and the possibilities opened up by mobile computing devices.

Banks have to know a lot about their customers, who generally trust them to keep personal information secure. Who better to serve as digital identity providers in a post-password world?

Around the world, technology companies, governments and even some banks are coming up with new, safer and easier ways for people to prove they are who they say they are. Generally the goal is to allow people to be authenticated once by a trusted identity provider (a role banks could play) rather than share sensitive information with countless third parties, as they do today. Here we highlight just a few of the many organizations innovating in this space.

The U.S. shift to EMV — once considered as viable as the U.S. shift to the metric system — is well underway. Here are some of the latest signs of progress, as well as some of the biggest pain points.

Hackers penetrated the computer network of a Verizon Communications subsidiary, but the company says it plugged the hole before much data was compromised.

Hackers penetrated the computer network of a Verizon Communications subsidiary, but the company says it plugged the hole before much data was compromised.

Asking for static information like a mother's maiden name seems increasingly passé, since shared "secrets" can be stolen or gleaned from the Internet. But without a brilliant alternative, and done with care, knowledge-based authentication still has value.

Hackers linked to the Iranian government launched cyber-attacks on some four dozen U.S. financial institutions and a flood-control dam above New York City in forays meant to undermine U.S.markets and national security, according to federal prosecutors.

Hackers linked to the Iranian government launched a series of cyber-attacks on U.S. financial institutions including Bank of America Corp. and the New York Stock Exchange, federal prosecutors say.

We may have more in common than we let on, there are some things that I think Canadians are doing better than their counterparts, including the U.S. and that includes fraud management.