Hack of major data brokers weakens bank authentication

    Date01 Oct 2013
    CategoryCryptography
    4489
    Posted ByDave Wreski
    The reported hack of major consumer and business data aggregators has intensified doubts of the reliability of knowledge-based authentication widely used in the financial services industry, analysts say. The computer systems of LexisNexis, Dun & Bradstreet and Kroll Background America were hacked by an underground identity theft service that sells social security numbers, birth records, credit and background reports on millions of Americans, Brian Krebs, a former Washington Post reporter and author of the KrebsonSecurity blog reported on Wednesday. Krebs uncovered the hack following a seven-month investigation of the criminal site ssndob[dot]ms.
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