Sunday, June 19, 2011

Lockheed's SecurID Breach Also Threatens Online Banking


The same type of attack used recently to get around security measures at Lockheed Martin, and possibly other defense contractors as well, could also be used to hack international banking services, security experts say. That's because both the defense and banking industries rely heavily on RSA's SecurID tokens, 40 million of which are in use around the world.

Small businesses and private users use SecurID tokens to access online banking services, while large corporations use them to authenticate employees who need to remotely or locally access internal networks and resources. "These attacks have shown that the most sophisticated technology is useless," Passeri said, "if users are not trained to face the new wave of cyberthreats, which leverage traditional form of attacks (such as malware or phishing) as the first step to perpetrate more complex multilayered attacks." Technews Daily

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