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Beware biometrics, and other digital dangers

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Traditional passwords nowadays are a weak point as data leaks happen quite often. More and more companies decide to change the approach and adopt biometrics. However, no one is immune to identity theft and there already have been several actual cases of losing biometric data.

To raise awareness on the topic and show that such data requires strong security regulations, cybersecurity company Kaspersky has distinguished several dangers of unsecured biometric data:

  1. Stranger-danger. In order to set face or touch recognition, the system usually requires one sample of a finger or a face. Hence, it is possible for a user to fail authorisation due to lighting conditions or such changes in their appearance as glasses, beards, make-up or aging. On the contrary, it allows cybercriminals to steal this sample and use it according to their malicious aims.
  2. A password for a lifetime. It is not a problem to change a password consisting of numbers and letters, but once you lose your biometric data you lose it forever. The problem with touch recognition can partially be solved by leaving only 2-4 fingerprints, leaving others for emergency cases, but it is still not safe enough.
  3. A digital locker. Existing «digital lockers» rely on cloud-based help – biometric matching usually happens on the server side. If successful, the server provides the decryption key to the client. That increases a risk of a massive data leak – a server hack might lead to the compromising of biometric data.
  4. Biometrics in real life. There are two cases when an ordinary person can encounter biometric authentication. Firstly, banks try to adopt palm scans on ATMs as well as voice authentication on phone-based service desks. Secondly, individual electronic devices use touch and face recognition. However, biometric security is not yet fully developed and there are such constraints as CPU power, sensor price and physical dimensions, so some users have to sacrifice system robustness – some devices can be fooled by a wet paper with fingerprints generated using an ordinary printer or gelatin cast.

To secure biometric data, Kaspersky has recommended:

  • employing stringent security measures against breaches of traditional logins;
  • for businesses it is needed to improve ATM design so as to prevent the installation of skimmers or establishing control over the security of ATM hardware and software. 

As for biometric identification technology in general, Kaspersky has recommended that, for now, it should be  using it as a secondary protection method that complements other security measures, but does not replace them completely.

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Black Friday, Cyber Monday, shot the lights out

The numbers are in, and it shows that the start of holiday season shopping in South Africa saw spectacular growth

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Black Friday and Cyber Monday continues to be a hit in South Africa, with both days exceeding expectations.  

“Black Friday did not disappoint,” says Solly Bellingan, head of customer relations at BankservAfrica. “Despite the tougher economy, it seems South Africans took advantage of the days’ special deals with in-store and online transaction volumes reflecting strong year-on-year growth. Both days have certainly made their mark amongst local retailers and shoppers,

South Africans shopped up a storm with the total number of Black Friday transactions processed by BankservAfrica, in-store and online, at 7,077,117 (*) in 2019 – 36% up from 2018’s 5,204,594. This translates into a total spend of R6-billion, an impressive 106% increase on 2018’s R2.9-billion.

When compared to 2018, it seems bargain hunters decided to get the best deals early with a 33% year-on-year increase in sales at midnight. The 12-hour period between 06:00 and 18:00 proved to be busiest, with similar volumes being processed each hour. The highest number of transactions processed in a 60-minute period was between 10:00 and 11:00 at a volume of 595,792.

“3D-Secure, our online card authentication service, i.e. transactions that require a one-time pin(**), showed steady growth this year with a 32% year-on-year increase on Black Friday and transaction volumes  reaching a total of  534,828,” says Bellingan. The busiest shopping times were between 09:00 and 10:00 in 2019 compared to the earlier start in 2018 at 08:00 to 09:00

“The most expensive online transaction recorded on Black Friday was for a hospitality purchase of  R10,067,400 by an international company. The most uses by one card was 83. During peak, we processed  717 transactions while the average was 371 per minute for the day.”

Cyber Monday was less active than Black Friday with a 42% growth in online transactions that reached a volume of 249,908 in 2019 (up from 176,595 in 2018). However, in both years, most of the transactions took place between 10:00 and 11:00, with the most expensive being R1,997,800 and 151 uses by one card. The highest average transactions per minute was 322 at peak and 173 per minute for the day.

“This year’s Black Friday and Cyber Monday data mirrors the global data of record-breaking sales – and the BankservAfrica featured figures are only a portion of the entire sales figures for both days,” says Bellingan. “It will be interesting to see if these manage to outpace festive season spend this year.”

Visit the next page for insights gathered through the PayGate payment gateway.

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Amazon records biggest ecommerce day ever

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Image from www.quotecatalog.com

Amazon has announced that Cyber Monday was once again the single biggest shopping day in the company’s history, based on the number of items ordered worldwide. Customers all around the world shopped at record levels across a wide selection, with hundreds of millions of products ordered worldwide between Thanksgiving and Cyber Monday, alone. Customers purchased millions more Amazon Devices compared to the same period last year in Amazon’s Stores globally and the best-selling items were Echo Dot and Fire TV Stick 4K with Alexa Voice Remote.

“We’re focused on making this holiday season more convenient than ever for our customers, especially given how short this holiday shopping season will be,” said Jeff Wilke, CEO Worldwide Consumer, Amazon. “We are thrilled that customers continue to come to Amazon in record numbers to discover what they need and want for the holidays. Thank you to our customers and employees all around the world for making this holiday shopping weekend the best yet.”

Holiday Weekend Highlights:

  • Customers worldwide purchased more toys this Black Friday and Cyber Monday combined than ever before. Among the tens of millions of toys purchased during this time period, best-sellers included LEGO Star Wars Darth Vader’s Castle, Monopoly Game: Disney Frozen 2 Edition and Hasbro games such as Jenga, Guess Who and Candy Land Kingdom of Sweet Adventures.
  • Cyber Monday was the single biggest shopping day for Amazon Fashion worldwide, with more items purchased than any other single day in the company’s history. Best-sellers included Carhartt Men’s Acrylic Watch Hat and Champion Men’s Powerblend Fleece Pullover Hoodie.
  • Amazon customers worldwide ordered more than 25 million home items on Black Friday and Cyber Monday, combined.
  • Best-sellers on Black Friday in the U.S. included Echo Dot, Fire TV Stick with Alexa Voice Remote, Instant Pot Duo80 – 8 Quart, 23andMe Health + Ancestry Service: Personal Genetic DNA Test, L.O.L. Surprise! Winter Disco Bigger Surprise and iRobot Roomba 675 Robot Vacuum.
  • Customers worldwide purchased more than four million beauty products this Cyber Monday compared to last year, with best-sellers including Oral-B Genius Pro 900 Electric Toothbrush, Lagunamoon Essential Oils Top 6 Gift Set and L’Oreal Paris Voluminous Makeup Lash Paradise Mascara.
  • Top-selling categories worldwide include Toys, Home, Fashion and Health and Personal Care.
  • The best-selling products in Amazon’s Stores on Cyber Monday in the U.S. included Echo Dot, Fire TV Stick with Alexa Voice Remote, Play-Doh Sweet Shoppe Cookie Creations, Keurig K-Cafe Coffee Maker and LEGO City Ambulance Helicopter 60179 Building Kit.
  • Independent third-party sellers in Amazon’s Stores — mostly small and medium-sized businesses – sold more items during Cyber Monday 2019 than any other 24-hour period in the company’s history.
  • For the third year in a row, Whole Foods Market broke its all-time record of turkeys sold during the Thanksgiving season.
  • Amazon delivered millions of grocery items to Prime members in the U.S. through the five days between Thanksgiving and Cyber Monday. Best sellers from Amazon Fresh and Whole Foods Market delivery included Honeycrisp apples, lemons and avocados.
  • Top selling items at Amazon Books and Amazon 4-star stores over the holiday weekend included the Amazon Smart Plug, Echo Dot and All-New Echo Dot Smart Speaker with Clock, L.O.L. Surprise! Dolls, Wrecking Ball (Diary of a Wimpy Kid Book 14), and the Wyze Cam 1080p HD Indoor Wireless Smart Home Camera with Night Vision.

Record-Breaking Weekend for Devices

  • Shoppers purchased a record number of Amazon Devices globally this holiday weekend.
  • Amazon customers worldwide purchased millions more Amazon Devices, compared to the same period last year in Amazon’s Stores globally, including Echo devices, Fire TV devices, Kindle devices, and Fire tablets.
  • It was a record-breaking holiday shopping weekend for smart home devices in Amazon’s Stores globally with shoppers purchasing millions of smart home devices, including iRobot Roomba 675 Robot Vacuum, Furbo Dog Camera, and Wemo Mini Smart Plug.
  • The best-selling products in Amazon’s Stores globally were Echo Dot and Fire TV Stick 4K with Alexa Voice Remote.

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