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Since February 2020 the National Fraud Intelligence Bureau (NFIB) alone has witnessed 21 types of online line fraud where Coronavirus was mentioned – with victims collectively suffering over £800,000 of losses. Sadly, whenever there is a crisis, online exploitation invariably follows. As this unprecedented situation evolves, online threats are only going to increase. And, with thousands of workers moving out of their offices and into a ‘working from home’ environment, now is the time to re-enforce the importance of secure remote working.…

There is no question that passwords expose users to attack and replacing them is the goal. FIDO is all about Fast IDentity Online – secure authentication without the need for passwords. But FIDO has some obvious vulnerabilities which need to be considered and are covered in more detail in part 3 of this series of blogs. Here, in part two of our 3 part series, our Chief Crypto Officer, Dr Michael Scott, highlights the outdated practice of ‘passwords’ and how they are simply not fit-for-purpose in today’s online world…

Our resident crypto expert, Dr Michael Scott, explains the security principles of two-factor authentication and how attackers can step outside of their expected behaviour to bypass the security altogether. This is part one of a three part series on multi-factor authentication culminating with a critique of the FIDO authentication framework. There is no confirmed case of anyone ever escaping from Alcatraz. Which is quite remarkable as it was open for many decades and housed thousands of desperate characters.…

Radical Tech for a Democratic Digital Society 5th & 6th November 2019, La Centrale, Nuvola Lavazza, Turin. MIRACL exhibits at influential European Tech consortium (3 min read) At MIRACL we understand the importance of data protection. That’s why our authentication and digital signing services are based on the MIRACL Core Library and a Zero Knowledge Proof (ZKP) protocol. No personal data is ever stored or transmitted within our single step, highly secure, multi-factor, PIN based solutions.…

MIRACL® is delighted to announce that it has been shortlisted in the annual SBC Awards - as one of the finalists within the highly competitive ‘Fraud and Compliance Solution of the Year’ category. Now in its sixth year, winners will be announced at a hotly anticipated SBC Awards ceremony in London on 3rd December. Recognising and rewarding expertise and innovation in the betting and gaming industry the awards comprise of over 40 categories - including 18 for suppliers.…

Cryptography has been a science since the 1940s. But how does it fit into today’s modern world and, most importantly, how can it steer effective cyber security? October is the Cyber Security Awareness Month both in Europe and the U.S., so there couldn’t be a better time for MIRACL’s Chief Crypto Officer, Dr Mike Scott, to explain the status of modern cryptography. The importance of cyber security has never been clearer.…

Ultra Secure Authentication for Gamers: MIRACL Gaming Solutions announces partnership with Bulgarian Gaming Site, Bulbet. Bulbet, the Bulgarian gaming site, has announced MIRACL Trust® as the player and transaction authentication solution for both their Social and Real-Money gaming products. MIRACL Gaming Solutions can uniquely offer the security, scalability and zero-friction user-flow critical for gaming businesses. Not only will MIRACL provide market leading security against both internal and external threats, it will ensure that Bulbet will meet and exceed current European standard PSD2 for transaction authentication.…

To co-inside with attendance at the 2nd International Conference in Blockchain, Identity and Cryptography in Edinburgh, MIRACL Trust® has today launched its new, commercially relevant cryptographic library – MIRACL Core (V4). Years of experience and development, combined with a deep understanding as to what is needed in a cryptography library from a commercial point of view, means this new offering is unmatched - and meets the needs of organisations seeking cryptographic solutions to ensure they deliver the absolute best in security for their customers.…

To co-inside with my attendance tomorrow at the 2nd International Conference in Blockchain, Identity and Cryptography in Edinburgh, MIRACL will announce details of its new cryptographic library – MIRACL Core (V4). Years of experience and development, combined with a deep understanding as to what is needed in a cryptography library from a commercial point of view, means this new offering is unmatched - and meets the needs of organisations seeking cryptographic solutions to ensure they deliver the absolute best in security for their customers.…

With MIRACL, It’s One Pin And You’re In Revolutionising passwords. Introducing the world’s first 100% software multi-factor authentication. This August, tech market disruptor MIRACL Gaming Solution launches a highly innovative, new authentication solution for gaming clients. MIRACL already supplies the worlds only 100% software, multi-factor authentication (MFA) PIN based solution to customers such as banking giant Crédit Agricole and consumer credit leader, Experian. Challenging the increasingly out-dated concept of passwords and stored credentials, this new, highly-secure solution from MIRACL is set to revolutionise the way we provide authentication for online financial transactions, especially in the online gaming sector.…

(2 Minute Read) No-one thought complying to PSD2 was going to be easy. This revised Payment Services Directive is going to revolutionise the payment services industry but this is going to take time. Delaying until 2021 will ensure organisations find the best solution to make the necessary changes and ultimately ensure online payments within Europe are safer, faster, cheaper and more convenient. Last year, cyber incidents increased by 1000% and fraud losses on UK ‘card not present’ transactions 47%.…

Here, Dr Michael Scott considers digital signatures and the verification they provide in today’s digital world. (4 Minute Read) Digital signature is an attempt to provide a digital analogue of the human signature. Before getting into that, let’s look again at the human signature, and what it provides. The hand-written human signature provides irrevocable authentication of a document. You sign something, you are committed to it, and you can’t deny it later.…