Uri Rivner CEO and Co-Founder at Refine Intelligence
NASA, The European Space Agency, the Russian and Chinese space programs all set the period of 2030-2040 as the likely target for a manned space mission to Mars. There's a healthy competition going on. The average age of NASA astronauts is 34, but when we talk about commanding a manned mission to a heavenly body, more experienced people take the he...
26 August 2008 /security Online Banking
The UK's House of Lords is calling on the government to make banks legally responsible for losses incurred by customers through electronic fraud (https://www.finextra.com/fullstory.asp?id=18699). That's because today's banking code leaves responsibility on consumers. In practice the banks do not typically use the code to that effect, and refund fr...
09 July 2008 /security Transaction Fraud Systems and Analysis
"The next sea change is upon us", wrote Bill Gates in an internal Microsoft memo in 2005, relating to the growing phenomenon of Internet-based software applications and services. This memo paved the way to the latest buzz in the IT world - SaaS: Software as a Service. All the big guys are playing. Microsoft, Google, the major security com...
17 June 2008 /security Online Banking
Web 2.0 and banking seems like an interesting mix. This article (https://www.finextra.com/fullstory.asp?id=18544) actually mentions several loosely coupled items related to this: Providing online banking services through widgets in web 2.0 sites such as Facebook, Myspace and others.Integrating web 2.0 functionalities such as wikis and blogs into ...
04 June 2008 /regulation Innovation in Financial Services
Dear online fraudsters, I've got some good news and some bad news. The good news is that Christmas comes early this year: on May 27th the UK banking industry launched the much anticipated Faster Payment scheme, in which inter-bank money transfers are instantaneous. Let me actually re-phrase: that's great news for you. I bet you're all excited abo...
30 May 2008 /security /regulation Online Banking
I’ve recently spotted two articles that share a single theme: they basically announce the online fraud fighting world’s equivalent to “A cure to common cold is found!”. The first article is about a certain web payment organisation that will tackle phishers by blocking old browser versions, making sure users will access their accounts via more adva...
24 April 2008 /security Online Banking
I’m always amused by security companies generating PR with a title such as “Phishers take aim at XYZ!”. So I was amused as well to see the article titled Phishers take aim at MasterCard SecureCode That’s because Phishers will hit ANYTHING these days. From good old banks, credit unions and building societies, through security programs and governme...
18 April 2008 /security Online Banking
Last October I presented at a meeting in London during RSA Security Europe. I was asked to come up with predictions for 2008 online financial threats. My first prediction was that Phishing will more than double. “Had phishing been a stock”, I said, “I would have bought it”. Pity that I couldn’t. This was a bit before the credit crunch hit the mar...
16 April 2008 /security Online Banking
How would you like to be invisible? From The Invisible Man through Lords of the Rings to Harry Potter, the concept of not being seen fascinated people. Invisible security, on the other hand, is a bit counter intuitive. I mean, you've got to see it – touch it, preferably – in order to feel secure. Surly 2-factor authentication tokens, for example, ...
16 April 2008 /security
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