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MIRACL Selected for LORCA Cohort 5

16 Jul, 2020 by MIRACL Technologies Ltd

MIRACL has this week been selected to join LORCA after competing with a number of other organisations as part of the competitive selection process. 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. 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.…

The impact Covid19 has had on cybercrime (3 min read)

02 Jul, 2020 by Michael Tanaka, CCO

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 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. Video conferencing has kept conversational contact alive – whether that’s socially or with business and the ever reliance of online shopping has alleviated some of the limitations of life under lockdown.…

PII accounted for 98% of all data breaches in 2019 (3 min read)

18 Jun, 2020 by Michael Tanaka, CCO

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. 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.…

How do like your security – baked in or bolted on? (2 min read)

09 Jun, 2020 by Dr Michael Scott

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. 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.…

Strong Customer Authentication Delayed, again (2 min read)

22 May, 2020 by Michael Tanaka, CCO

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.…

Evolving the MIRACL Core library (4 min read)

14 May, 2020 by Dr Michael Scott

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. MIRACL Core is an open source cryptographic library, quite like no other.…

4 Reasons To Implement Multi-Factor Authentication (3 min read)

06 May, 2020 by Michael Tanaka, CCO

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. https://www.ncsc.gov.uk/cyberaware/home Point 4 of the advice focuses on the use of 2 factor or multi-factor authentication.…

The Perils of Trust-Me Authentication Part 2 of 2 (5 mins read)

27 Apr, 2020 by Dr Michael Scott

Earlier in the month our Chief Crypto Officer, Dr Michael Scott, shared his thoughts on the Trust Me model. Today he highlights an example where this works and considers its draw backs. Passwords are past their sell by date, we know that, but what is the alternative. Don’t be fooled into using personal data as your password replacement. It won’t end well. Many authentication companies have sought to promote their solution as passwordless.…

The Power of Zoom (2 min read)

16 Apr, 2020 by Michael Tanaka, CCO

As the Covid-19 pandemic continues, the technological revolution only accelerates as workplaces across the globe go digital and the importance of online security increases in parallel. Whether it’s protecting email accounts or company data on your laptop – how we protect our data couldn’t be more critical as we find ourselves living in a digital lock-down world. As face-to-face meetings are replaced by virtual conferences, Zoom is one app that has helped to revolutionise the way we ensure ‘business as usual’.…

The Perils of Trust-Me Authentication Part 1 of 2 (3 mins read)

10 Apr, 2020 by Dr Michael Scott

Last month our Crypto chief, Doctor Michael Scott, compared FIDO to our MFA, zero knowledge proof verification system: MIRACL Trust, culminating in the publication of a new white paper - https://miracl.com/blog/fido-a-noble-attempt-but-alternatives-required/ - Today, in part one of a two part series, he challenges the ‘Trust-me’ concept and highlights it’s dangers and the vulnerability it brings to the user. Authentication is quite a crowded space with multiple Username/Password replacement proposals out there.…

Press Release: MIRACL Partnership with ForgeRock

07 Apr, 2020 by MIRACL Technologies Ltd

MIRACL BRINGS POWERFUL ZERO KNOWLEDGE PROOF AUTHENTICATION OFFERING TO THE FORGEROCK IDENTITY PLAFROM WITH NEW PARTNERSHIP MIRACL today announces that they have partnered with ForgeRock, the leading provider in digital identity, to bring MIRACL’s Zero Knowledge Proof authentication technology to the ForgeRock Identity Platform. Supporting ForgeRock’s drive to transform the way organisations approach identity and access management, this strategic alliance will provide platform users the opportunity to access MIRACL Trust ® solutions via a pre-built integration.…

MIRACL announces membership of OIX (2 min read)

01 Apr, 2020 by Michael Tanaka, CCO

MIRACL has become a member of the Open Identity Exchange – OIX - to further its position as an influential provider of simply secure authentication within online identity processes. Launching with a successful presentation to members last week, the MIRACL membership will provide the association and its members with valuable insight into the future of multi-factor authentication with zero knowledge proof. CCO at MIRACL, Michael Tanaka, who presented to OIX members, comments: “Having worked with Experian for a number years it was inspiring to find out about the positive influence OIX has on the authentication industry.…