In August 2003, hackers breached Yahoo’s secure personal records, impacting 3 billion accounts. The company did not reveal the breach to the public until three years later. It was the largest data breach to date and temporarily derailed a major acquisition. Fast forward to the present. In August 2021, T-Mobile, a telecommunications company confirmed that hackers gained access to the personal data of 54 million users. That included names,...

As biometrics expands its reach into the financial industry, payments are increasingly relying on biometrics for account security and authentication. Steve Cook, head of global business development at ID R&D, a leading biometric technology company, outlines five use cases for biometrics that extend beyond payment cards. As cases of fraud increase in the contactless payments landscape, there is a clear and urgent need for better measures to ensure...

The Physical Security Interoperability Alliance (PSIA) today announced it has approved the Secure Credential Interoperability (SCI) 1.0 specification. The PSIA has been working with a broad group of industry leaders in the access control industry to come up with this specification, which is likely to have a significant influence on the future of secure mobile credentials.