News broke yesterday that every Wi-Fi connection is potentially vulnerable to an unprecedented security flaw that allows hackers to snoop on internet traffic. The vulnerability is the first to be found in the modern encryption techniques that have been used to secure Wi-Fi networks for the last 14 years. In theory, it allows an attacker within range of a Wi-Fi network to inject computer viruses into internet networks, and read communications like passwords, credit card numbers and photos sent over the internet.
Commenting on this, Lisa Baergen, director at NuData Security said:
“The security industry will chase vulnerabilities for the foreseeable future, and bad actors will continue to find and exploit new ones. In the short term, consumers must vigilantly manage their router patches and settings, and organizations must tune their defenses. Ultimately, the only way to break this otherwise endless cycle is for organizations to fundamentally de-value stolen consumer data by stripping it of its usability. The best way to do this is through broad adoption of multi-layered solutions including behavioral biometric authentication. This approach means that users are authenticated based on their online behaviors, which makes them tremendously resistant to impersonation – so the usability of the data behind the authentication process is nulled, and the organizations and institutions adopting this approach won’t be defrauded. Moreover, it allows banks, merchants, and other adopting organizations to improve the experience and potential loyalty of their trusted good customers… an added advantage beyond thwarting fraudsters.”