Tag Archives: two-factor authentication

Coming Soon: Two-Factor Authentication for Social Security Website

Photo of Stephanie LucasBy Stephanie Lucas on Posted in Cybersecurity
The Social Security Administration recently announced that beginning June 10, two-factor authentication will be required for all account holders logging into the “My Social Security” portal. To comply with this new rule, account holders will be required to provide their username and password, and either their cell phone number or email address as the second … Continue Reading

Bank Agrees to Reimburse Company for Funds Taken Through Online Bank Account Theft

Photo of Craig A. HoffmanBy Craig A. Hoffman on Posted in Financial Privacy
We reported in July on a First Circuit Court of Appeals decision finding that a bank failed to implement commercially reasonable security methods to prevent unauthorized transfers by a criminal that gained the online banking credentials of a construction company.  The criminal was able to steal $345,000 from the construction company’s account.  It was then reported on … Continue Reading
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