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The Password is Dead

Danielle Andrus writes “as information security tries to keep up with hackers, Hoyos Labs sounds the death knell for password-based security.” Noting that no one is completely safe from cyberattacks, this article discusses the post-password future of identity and security, touching on USB tokens, the Biometric Open Protocol Standard (BOPS), QR Codes, Liveness, and the difference between authorization and authentication.
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Why Your ‘Secure’ Password Will Fail You (And What to Do About It)

Kathryn Tuggle takes a look at “some of the least secure and most commonly used passwords out there and why you’re taking a risk every time you take a shortcut.” Any information that’s easy for you to remember could also be found out by hackers, so it’s increasingly difficult to come up with good passwords. High-profile data breaches have shown the danger of re-using passwords across sites.
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Hoyos discusses the future of biometric authentication on CNBC’s Mad Money

Hoyos Labs’ former CEO appeared on CNBC’s Mad Money with Jim Cramer to demonstrate advanced biometric authentication for mobile devices.
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Hoyos Labs Aims To Stop ATM Skimming With Smartphones

Tom Anderson writes on Forbes Personal Finance blog, “ATM skimming rips off hundreds of millions of dollars from U.S. banks annually. Biometric security company Hoyos Labs claims to have a solution to stop this fraud that would cost a bank about $3 per customer per year.” The solution uses bank customers’ biometrics and smart phone to defeat skimming, and it doesn’t even require financial institutions to upgrade their ATMs.
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