Biometric Authentication in HSBC Telephone Banking Duped by BBC Reporter

contributor : May 29, 2017

Category One

HSBC’s voice ID authentication software designed to prevent bank fraud has been duped by BBC Click reporter Dan Simmons and his non-identical twin, according to a report by BBC News. Simmons created an HSBC account and signed up to the bank’s voice ID authentication service.

The most alarming part of the story for me was the seemingly unlimited attempts that the system allowed in identifying users.  Any system authenticating users must have a predetermined number of failed (i.e. 3-5) attempts before locking the account.  Just something to think about... 

Click below to read the full article at the author's website:
http://www.biometricupdate.com/201705/bbc-reporter-and-his-twin-dupe-hsbc-voice-id-recognition-system
What Benefit is there in a Business Impact Analysis?

What Benefit is there in a Business Impact Analysis?

Chris Bedel : Aug 14, 2017

So what Benefit is there in a Business Impact Analysis?

Category One
Read More
For Banks: Cybersecurity Assessment Tool - v2.7 is now available!

For Banks: Cybersecurity Assessment Tool - v2.7 is now available!

Chris Bedel : Feb 8, 2016

I've created an excel based tool for banks and other financial institutions who want to easily create a brief, high-level report for the Board of...

Category One
Read More
Are We Relying Too Much On User Awareness In Cybersecurity?

Are We Relying Too Much On User Awareness In Cybersecurity?

Chris Bedel : May 15, 2017

Steven Chabinsky, former Deputy Assistant Directory of Cyber for the FBI, says that we do rely too much on user awareness and we need to do a "180"...

Category One
Read More