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A rise in credit card transactions via the Internet, phone and mail-order is prompting card heavyweights to promote tougher security standards for transaction data, according to MasterCard.
Two cards containing microprocessors that generate one-time passwords are being touted to Australian banks as possible replacements for tokens and passwords delivered by SMS and one is already being trialled by Visa.
Australians would prefer to use voice biometrics rather than PIN and password verification to prove their identity but security experts warn biometrics exposes consumers to even greater risk.
Australia Post is trialling a two-factor authentication service to be used by customers such as banks for online transactions.
Forgotten your password again? Read on to find out how you'll be logging on, checking in, and signing off in the very near future.
A few years ago, the uptake of biometric technology was considered a sure thing. But fast forward to present day and ZDNet Australia can reveal that companies are reluctant to use biometrics due to their negative stigma.
The rise in online identity fraud has companies on the hook: Either educate customers or lose them.
Online fraudsters are getting smarter and the current round of "phishing scams" may just be the start, according Australian High Tech Crime Centre (AHTCC) head Alastair MacGibbon.
Countries begin test programs -- get ready for a facial scan the next time you take an overseas flight.
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