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Today's world has an unprecedented need for security. From restricting access to physical resources, such as buildings and facilities, to controlling access to IT resources such as computers and networks. Banking association investigates warning that consumers could be duped. A device capable of capturing the image of veins in a person’s finger is amongst a range of innovative biometric technologies unveiled at the official launch of the Unisys Security Innovation Centre in Canberra. A group of developers claims to have succeeded in breaking the iPhone's SIM-lock, allowing users to equip the phone with a SIM-card that allows them to operate the device on GSM networks other than AT&T. Online fraud losses soared to £33.5 million ($88 million) last year, with an increase of 44 per cent from 2005 following a surge in phishing attacks, new research shows. To properly discuss security issues related to multi-function peripheral (MFPs) - devices that copy, print, scan and fax - it's helpful to first have some background on the underlying technology in the machines that have raised so much concern as a possible data security risk. ‘Security by obscurity’ seems to be a popular Australian fallacy. Responsibility for spotting identity fraud should rest with business, says Bruce Schneier. Cyber crime is costing the e-commerce industry as much as £580 million (A$1.38 billion) per year, with that figure set to rocket to £1.5 billion (A$3.6 billion) by 2010, latest figures show. The UK banking industry has announced plans for the national rollout of ‘tap and go' technology on UK credit and debit cards. The suspects who lifted the personal data of 45.7 million customers from TJX's processing systems hatched their elaborate plan some two years ago at a Marshalls outlet in Minnesota, where they used simple technology to tap into the store's wireless connection, The Wall Street Journal reported today. We used to live in an analog world. We played records, radio stations had static interference, we flattened out dollar bills to work in vending machines and we anguished over hanging chads. Sure, everything was converted into bits and bytes in the end, but the world we interacted with was a physical one. Online pests reaching new levels of sophistication and professionalism. Card details without the security number are of little use on the internet or
phone, argues expert. The UK Association of Payment Clearing Services (APACS)has announced that it is testing new technology, which will enhance the security of online transactions and reduce card fraud. Seagate has signed its first manufacturing deal to sell laptop computers with encrypted hard drives. Microsoft’s new Vista operating system has placed more emphasis on security than any previous version of Windows. Discussing the pros and cons of radio frequency identification (RFID), the technology that allows interaction between small chips and nearby readers without physical contact, is a surefire way to get a good argument going. Online bank fraud losses rose sharply in the first half of 2006 due to a surge in phishing scams, new figures show. Nine experts from Australia and around the world sound off on where security threats are headed, and what we can do about it. Negar Salek asks the experts for advice.