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<p><img src="./miracl-blog-for-sale-sign.jpg" alt="FOR SALE - CREDENTIALS"></p> <p><strong><em>The last few months have seen some truly alarming stats in relation to online consumer fraud and identity theft, particularly in relation to account takeovers. In this three part series we’ll take a closer look at Credential Stuffing, a very common, high volume, automated bot attack.</em></strong></p> <p><strong>It’s all about authentication</strong></p> <p>Across new account registrations, payments fraud and attacks on the account login, two thirds of attacks are now directed at account login. Authentication really is the battleground in safeguarding the security and data privacy of online consumers.</p>…

<p><img src="./miracl-blog-cohort-18-social-media-graphic.jpg" alt="Mayors International Business Programme Participants and Partners" title="Mayors International Business Programme Participants and Partners"></p> <p><strong>MIRACL are pleased to announce that they have today been accepted onto London & Partners ‘Mayor’s International Business Programme’ for 2020, as part of cohort 18.</strong></p> <p>Rob Griffin, CEO at MIRACL comments, “To have the opportunity to be part of this latest cohort is ideal timing for MIRACL and we are delighted to have been accepted onto the Mayor’s International Business Programme. The increased risk to businesses as regards cyber security off the back of the pandemic this year has really accelerated the need for organisations to re-asses their authentication processes. To be able to use the network from the Mayor’s International Business Programme will help us accelerate our provision to organisations across the globe as we head towards 2021.”</p>…

<p><img src="./miracl-blog-authentication.jpg" alt="Authentication Collage"></p> <p><strong><em>Are you in the process of reviewing your authentication procedure for your customers? Struggling to determine the most effective solution for your needs? Need top notch security but an easy experience for your customers? Look no further. We’re here to help.</em></strong></p> <p>We’ve liaised with our team of cyber experts, including the very credible cyptographer Dr Michael Scott, to come up with a shortlist of good things to consider as you do your research.</p>…

<p><img src="./miracl-blog-biometric.jpg" alt="Eye Scan Biometric"></p> <p><strong><em>Biometrics are increasingly popular as a method of authentication. But are we all aware of the threat they bring. Could the Biometric Apocalypse one day become a reality? I hope not.</em></strong></p> <p>Biometrics are all the rage. They displace passwords and PINS, and all you have to do is smile at your device to be recognised and allowed immediate access to all kinds of Internet based services. User Experiences don’t get any better than that. For improved security a biometric is most often part of a multi-factor authentication scheme.</p>…

<p><img src="./miracl-blog-secret.jpg" alt="Three People Keeping A Secret" title="Three People Keeping A Secret"></p> <p><strong><em>Today’s blog is written by our Chief Crypto Officer and expert Dr Michael Scott who shares his thoughts on to how to keep a secret - and more importantly how it assists when it comes to reliable and highly secure authentication.</em></strong></p> <p>Many people think that cryptography is just about encryption. But saying that cryptography is just about encryption is rather like saying that geography is just about mountains. (What have mountains got to do with cryptography? See below…). At a second attempt people might say that cryptography is about keeping secrets. But that is not strictly true either. For example a blockchain doesn’t encrypt anything, and requires no secrets. But a crypto currency is certainly an application of cryptography.</p>…

<p><img src="./miracl-blog-lorca-secondary-logo-pos.png" alt="London Office For Rapid Cybersecurity Advancement Logo"></p> <p><strong><em>MIRACL has this week been selected to join LORCA after competing with a number of other organisations as part of the competitive selection process.</em></strong></p> <p>MIRACL has been announced as one of just 17 companies to form part of the LORCA’s fifth cohort. A huge accolade to the technology and support it is generating to form part of its’ success.</p> <p>After consulting with industry, security professionals, policymakers and a cross-spectrum of sectors, LORCA announced an open call in March 2020 for start-up’s with solutions to challenges presented by a connected society, including supply chain security, digital identity and the digital risk associated with an increasingly connected world to apply.</p>…

<p><img src="./miracl-blog-covid-19.jpg" alt="covid 19 virus"></p> <p><strong><em>In today’s blog we analyse the impact the pandemic has had on cybercrime and why now is the time to ensure your systems are as effective as they can be to minimise risk of attack to you and your clients</em></strong></p> <p>Cyber attacks, globally, have risen during the Coronavirus pandemic – cybercriminals exploiting the new WFH normal and heavier reliance of digital across the globe, and across demographics.</p>…

<p><img src="./miracl-blog-2020-data-breaches-800x400.jpg" alt="Data Breaches"></p> <p><strong><em>In today’s blog we highlight some of the latest key statistics when it comes to data breaches – and why minimising the risk of your organisation becoming a victim is ever more critical.</em></strong></p> <p>This month one of our partners, ForgeRock, has released its annual Consumer Identity Breach Report – and something that particularly resonates is how personally identifiable information (PII) absolutely takes the lead when it comes to the most targeted data type. In 2019, PII accounted for 98% of all data breaches. It’s critical you find ways to protect your customer’s personal data.</p>…

<p><img src="./miracl-blog-security.jpg" alt="Security - Baked or Bolted?"></p> <p><strong><em>Here, our resident and highly regarded cryptographer, Dr Michael Scott, reflects on the initial introduction of secure verification on the internet - and considers the challenges it still faces when competing with user experience.</em></strong></p> <p>When the internet was first invented, security wasn’t high on anyone’s agenda. The application itself was far more exciting and ground-breaking, and security could wait. It apparently came as something of a surprise when email was first abused by spam. A rudimentary Username/Password mechanism was recycled for authentication purposes and people concentrated on the more interesting stuff.</p>…

<p><img src="./miracl-blog-psd2.jpg" alt="psd2 logo"></p> <p><strong>This month a statement from the FCA read: “In the exceptional circumstances of the Covid crisis, we are giving the industry an additional 6 months to implement strong customer authentication (SCA) for e-commerce. This will minimise potential disruption to consumers and merchants. The new timeline of 14 September 2021 replaces the 14 March 2021 date. Firms are required to take all necessary steps to comply with the revised detailed phased implementation plan and critical path to avoid the risk of enforcement action.”</strong></p>…

<p><img src="./miracl-blog-cryptography-library.jpeg" alt="MIRACL Core library code"></p> <p><strong>Over the past few weeks our Chief Crypto Officer, the highly respected Dr Michael Scott, has highlighted the benefits of the MIRACL Trust® authentication. No need for passwords, no storing of credentials and friction free to use. MIRACL also offers a leading open source cryptographic library available in 7 computer languages. Today, Michael reminds us of this capability and the exceptionally high standards it operates under.</strong></p>…

<p><img src="./miracl-blog-marriott-hotel.jpg" alt="MIRACL Trust ID, 2fa, mfa, Marriott Hotels"></p> <p><strong><em>Last week the National Cyber Security Centre (NCSC) released details of their latest advice to individuals and organisations as part of their Cyber Aware campaign – timed to support the increased use of remote working and simply ‘living’ online. It was also an opportunity to go back to basics and remind organisations and individuals how we should all be operating to minimise risk.</em></strong></p>…