Stephen Boyce

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China Sees Cyberwar as Reducing U.S. Advantage in Future Conflict

It’s one thing to read news concerning the latest report to Congress by the U.S. Department of Defense on China’s latest military activities. But …

U.S. Dept. of Defense

Why Two-Factor Authentication Won't Stop The Hacking Crisis

Important? Yes. But not foolproof. Hackers find their way through the internet's next great safeguard.<p>As high profile hacks continue to make news, "two-factor authentication" is becoming a household term. This year alone, Apple, Microsoft, and Evernote have rolled it out to users, and two weeks ago …

Cyberthieves yank $45 million in sophisticated ATM hack, make Ocean's Eleven look trivial

It has the makings of a film -- but the fallout from one of the world's most sophisticated ATM heists is very real. <i>The New York Times</i> is reporting that a massive team of criminals worked in concert in order to grab some $45 million in a matter of hours over the course of two operations. The sheer …

Thieves Stole $45 Million From ATMs Because The U.S. Uses Absurd 40-Year-Old Technology

If we weren't all using 1960s technology to conduct financial transactions, maybe we wouldn't get heisted.<p>Yesterday, federal prosecutors in Brooklyn revealed that an international team of thieves had stolen close to $45 million in the biggest ATM fraud case in history. The heist required some …

PayPal wants to get rid of passwords in favor of biometric security

While passwords are the way of the land on the internet, PayPal’s chief information security officer Michael Barrett says that passwords and PINs are …