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  1. #1
    Hot Member www.desirulez.net
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    Default PayPal, Lenovo Launch New Campaign to Kill the Password

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    A consortium including PayPal and Lenovo, the world's second-largest PC manufacturer, has launched a set of technology standards that could reduce reliance on passwords, potentially making online accounts more secure.

    Under the standards put forward by the FIDO Alliance, the device a person is using to log in to an account would play a more central role in authentication. That would make it impossible to compromise accounts by stealing passwords, as hackers did in order to break into Twitter this month and LinkedIn last year.

    "Customers credentials are [today] easily retrievable by criminals by techniques such as password guessing, credential theft at websites or phishing," says Michael Barrett, chief information security officer at PayPal and a cofounder of the FIDO Alliance. "FIDO is significant because it helps to move us into a world where credentials are much more bound to the device and it's much harder for the criminal to abscond with them."

    A company using the technical specifications being developed by the FIDO Alliance might get proof of a person's device by checking the security chip that is installed in many PCs, or prompting a user with the right hardware to use a fingerprint reader. Barrett says that offering an open standard any company can adopt or sell will drive widespread adoption of the new technique, diminishing the password's role in securing personal accounts.

    Companies that opt to use the new approach will have the option of requiring both a password and a secondary authentication method tied to a device, or dispensing with the password altogether. "We finally can stop relying on these things that have been troubling us since the mainframe era," says Phil Dunkelberger, previously CEO of PGP Corporation and now CEO of Nok Nok Labs. His new startup, which has $15 million in funding, has developed software that enables companies to secure their accounts using the FIDO standards.

  2. #2
    dR Dazzler www.desirulez.net
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    Default

    for sharing





    RISE ABOVE HATE


  3. #3
    Landed To DesiRulez www.desirulez.net
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    Default

    I think that would be great. There have been too many laptop thefts recently because of how simple it is to access one's password. I'm sure if this campaign would come true, I'm sure a lot of laptop users would appreciate it.

  4. #4
    Landed To DesiRulez www.desirulez.net
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    Default

    Hope it will be secure

  5. #5
    Landed To DesiRulez www.desirulez.net
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    Lightbulb Good News

    Thanks it would be a big relief if this happens

  6. #6
    Landed To DesiRulez www.desirulez.net
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    Default Here is the latest News


  7. #7
    Landed To DesiRulez www.desirulez.net
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    Thumbs up Very good topic, security is a big problem in this aresa

    its sad on craiglist how many scammers are their with PayPal

  8. #8
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    Default A company using the technical specifications being developed by the FIDO Alliance might get proof of

    Quote Originally Posted by dR Sameer View Post
    A consortium including PayPal and Lenovo, the world's second-largest PC manufacturer, has launched a set of technology standards that could reduce reliance on passwords, potentially making online accounts more secure.

    Under the standards put forward by the FIDO Alliance, the device a person is using to log in to an account would play a more central role in authentication. That would make it impossible to compromise accounts by stealing passwords, as hackers did in order to break into Twitter this month and LinkedIn last year.

    "Customers credentials are [today] easily retrievable by criminals by techniques such as password guessing, credential theft at websites or phishing," says Michael Barrett, chief information security officer at PayPal and a cofounder of the FIDO Alliance. "FIDO is significant because it helps to move us into a world where credentials are much more bound to the device and it's much harder for the criminal to abscond with them."

    A company using the technical specifications being developed by the FIDO Alliance might get proof of a person's device by checking the security chip that is installed in many PCs, or prompting a user with the right hardware to use a fingerprint reader. Barrett says that offering an open standard any company can adopt or sell will drive widespread adoption of the new technique, diminishing the password's role in securing personal accounts.

    Companies that opt to use the new approach will have the option of requiring both a password and a secondary authentication method tied to a device, or dispensing with the password altogether. "We finally can stop relying on these things that have been troubling us since the mainframe era," says Phil Dunkelberger, previously CEO of PGP Corporation and now CEO of Nok Nok Labs. His new startup, which has $15 million in funding, has developed software that enables companies to secure their accounts using the FIDO standards.
    A company using the technical specifications being developed by the FIDO Alliance might get proof of a person's device by checking the security chip that is installed in many PCs, or prompting a user with the right hardware to use a fingerprint reader. Barrett says that offering an open standard any company can adopt or sell will drive widespread adoption of the new technique, diminishing the password's role in securing personal accounts.

  9. #9
    Landed To DesiRulez www.desirulez.net
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    Default

    paypayl best in world for online shoping

  10. #10
    Landed To DesiRulez www.desirulez.net
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    Default

    That would be a great news! I do hope, it has been implemented already. Its a big help to security theft online.

 

 

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