OnLine Security and Safety

Here's a review of the week as covered by the ePayments News wikizine from Zimbio close Change module settings # Entries: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 HomeATM Eliminates Fencing Too! Using HomeATM's PCI 2.0 Certified Terminal with a Built-In PIN EntryDevice means that your card data is "Instantaneously Encrypted Inside"It also means your data is never in the clear. If your data is neverin the clear, then fraudsters can't steal the information located onthe magnetic... From pindebit.blogspot.com (June 12, 2009/12/2009 21:21 GMT) More perspectives... HomeATM Combines Processing, Money Transfers and Bill Payment I found ... Read Full Story

Something Phishy About Bank's Not Using 2FA from HomeATM Research shows that most online banking sites have inbuilt flaws which could potentially put valuable customer data into the wrong hands. Now there is a way (since March 17th, 2009) to vastly increase the security of online banking.  HomeATM engineered AND manufactures the world's FIRST and ONLY PIN Entry Device solely designed for online authentication and eCommerce to achieve PCI 2.0 certification.  What that means is: Banks now have a choice.  They can use what many consider to be a very obsolete UserName/Password login OR they can provide a methodology which safely and securely authenticates ... Read Full Story

Here's a compilation of the latest phishing attacks designed to "lure" online banking customers into providing their username and password to fraudsters.  Of course, if banks would stop using username and password log-in, and graduate to a more secure, two factor authentication...one that requires users to swipe their bank issued card, and enter their bank issued PIN, (replicate what they do at an ATM machine) then they would, at the same time,  eliminate phishing altogether.  With HomeATM's PCI 2.0 Certified Terminal and PIN Entry Device, Internet banking has never been more secure. Banks can enhance their users online experience and security with strong two-factor ... Read Full Story

I was looking for more e-vidence that a software application for PIN Debit is unsafe and I happened to stumble upon the NYCE.net website which published a white paper called: " PIN Debit Security Awareness ." In it they explain how encryption works (see charts on left and below and click to enlarge) The most interesting (and striking) piece of e-vidence supporting hardware (HomeATM) vs. a software (whomever) approach were two "key" statements regarding PIN Encryption. Here they are... 1. " NEVER USE SOFTWARE " followed by another simple statement: 2. " ALWAYS EMPLOY SECURE HARDWARE " (see graphic below right...click to enlarge)  I ... Read Full Story

If online banks switched from username password (typing) to swiping they would eliminate phishing entirely. If you required your online bank enrollees to swipe their card, they prevent would be hackers from swiping their card information. Instead, it's your customers who would be doing the swiping. (of their card data located on the magnetic stripe ) And because the data is "instantaneously encrypted INSIDE" our PCI 2.0 Certified SafeTPIN the data is NEVER in the clear. That means that even if your customers  fell for a phishing attack, hook, line and sinker, the fraudsters wouldn't consider them a keeper...not the type. So don't type...swipe.  ... Read Full Story