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Chip and PIN not enough to tackle credit card fraud
(17/03/2008)

Fraud on credit and debit cards soared by 25% last year, reaching a record high, with losses of £535m. Card not present (CNP) fraud now amounts to more than half of all card losses both in the UK and abroad at £291m. This, claims GrIDsure, is indicative of the flawed reliance on Chip and PIN as the primary means to tackle fraud and yet the Association of Payment Clearing Services (Apacs) appears to still be promoting Chip and PIN as the answer. ... [more]

New secure ID system using mobile phones
(29/10/2007)

Governments and other organizations generally employ RSA secure ID key fobs to provide secure access to their systems. These are relatively costly physical devices that users must carry to continually generate new ID pass codes but which have been victim to 'man in the middle' attacks. Internet banking generally employs either rudimentary password systems where users only ever reveal certain characters thus protecting the entire code or, aga... [more]

Pattern-based ID verification system combats online fraud
(09/10/2007)

Proving you are who you say you are is a major challenge. GrIDsure Limited has announced its new approach to authentication - designed to tackle many of the problems currently being suffered by consumers buying both online and on the high street. GrIDsure's approach uses people's ability to remember patterns, providing the ideal mix of simplicity and security when it comes to authentication. Users create a simple pattern by choosing a set numb... [more]

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