Latest cybersecurity reporting from selected sources.

Wanna know a secret? Whether you're logging into your bank, health insurance, or even your email, most services today do not live by passwords alone. Now commonplace, multifactor authentication (MFA) requires users to enter a second or third proof of identity. However, not all forms of MFA are created equal, and the one-time passwords orgs send to your phone have holes so big you could drive a truck through them.…

SMS OTPs are overused, so bring on the tokens and biometrics India's central bank on Wednesday proposed a requirement for dynamically generated second authentication factors for most digital payments.…

Reserve Bank also wants a national 2FA framework The Reserve Bank of India (RBI) announced on Thursday it would make its digital currency programmable, and ensure it can be exchanged when citizens are offline.…

National Savings & Investment contracting for massive tech deals as customers complain of 2FA failure The UK National Savings and Investment bank is being bombarded with complaints over failing online security and authentication features which customers say have locked them out of their accounts.…