by : Plurilock Security Solutions Inc.
Nov 18th, 2011
A lot has been said about weaknesses inherent in traditional alphanumeric passwords. By design, passwords can be broken using dictionary or brute force attacks. They can be forgotten, stolen, or shared. As an alternative, it has been recommended to use strong passwords schemes based on biometrics or generated using tokens, or a combination of multiple authentication factors.
Likewise the Federal Financial Institutions Examination Council (FFIEC) issued a regulation in 2005 requiring the use of multifactor authentication for Internet banking. For several years, a widely held belief has been that using a strong password scheme (e.g. biometrics, variable password) or multifactor authentication scheme would be enough to block hackers at the gate.
The recent string of hacking incidents targeting high profile organizations (e.g. Sony...
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