Friday, July 3, 2015

Mastercard will ask you take a selfie to confirm your purchases

It is a pilot test which will use 500 "guinea pigs" who, instead of entering a PIN, will take a selfie to confirm payments with their credit card. Mastercard calls it "the new generation" and we´ll have to see if it works, given the failures we discovered in biometrics, day in day out, when it is still not widely used. We speak today of new legislation in the US, how Bitcoin Exchange was hacked and cyber espionage tool per excellence, XKEYSCORE.



It seems simple: to verify a purchase made with our Mastercard card, it will activate an app in our mobile to give us instructions to get a picture of either the fingerprint sake or our face. Easy but ... are you sure? It remains to be seen if this pilot finally becomes widespread reality. Anyway, Mastercard deserves congratulations for finding solutions to nineteenth century scheme ofconfirmation via PIN.


The Kill switch

We are now going to California, where a new law has entered intoforce which requires mobile phones sellers to offer them with theft protection enabled by default. This protection, called "kill switch" allows sending the order to disable the main functions of the phone in case of theft. An interesting law. Another interesting law but we'd rather not have to abide by is being discussed in Chicago: a fee for using cloud services. We'll see how it ends.

Bitstamp slammed  against a Macro

Curiously, while cybersecurity soldiers  sizzle their brains to find new forms of defense, cybercriminals are living lately a "revival" in using old techniques of attack that already seemed buried. It´s the case of macro viruses affecting .doc files. Today we know that the recent attack on a Bitcoin change house, Bitstamp, began by sending a message to his CTO containing an attachment infected with a Macro virus.

XKEYSCORE

We end by recovering an old tradition of our service, the recommendation of a text which deserves to be read but needs a while. Since it´s Friday, at the gates of the weekend, we assume it will be easier for our readers to find this time: they are new documents revealed by "The Intercept" about the most aggressive search engine available on the Internet, XKEYSCORE, developed by the NSA.

And here what all it has given this hot week in the northern hemisphere of our planet. Have a refreshing weekend.


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