The Reserve Bank of India (RBI) has recently announced a draft framework on Alternative Authentication Mechanisms for Digital Payment Transactions, marking a significant shift in digital payment security. With the introduction of alternative methods for additional factor authentication (AFA), the RBI aims to bolster the security framework for digital transactions, making them more secure and reliable. This move comes in […]

Introduction In today’s digital age, cyber attacks have become increasingly sophisticated, targeting financial institutions and other organizations with devastating consequences. A recent incident involving a financial institution in India is a stark reminder of the critical need for robust cybersecurity measures. In this blog, we will analyze the cyber heist and explore how multifactor authentication (MFA) can prevent such breaches. […]

In today’s rapidly evolving digital environment, cybersecurity has become a top priority for organizations around the world. With the increasing and sophistication of cyber threats, it is imperative that businesses take robust measures to protect their critical data and systems An important element of this security strategy is Multi-Factor Authentication ( MFA), and Cybernexa CyLock MFA for use in this […]

Passwordless authentication mitigates password spraying attacks by eliminating the need for users to remember and input passwords. Instead of relying on traditional username-password combinations, passwordless authentication typically employs alternative methods such as biometrics (e.g., fingerprint or facial recognition), hardware tokens, one-time passcodes (OTPs) sent via email or SMS, or cryptographic keys. Understanding Password Spraying Attacks: Definition: Password spraying attacks involve […]

In the dynamic realm of cybersecurity, “password spraying” has emerged as a clever method employed by cybercriminals to compromise user accounts. To fortify digital defences and steer clear of this threat, it’s crucial to grasp what password spraying entails and adopt effective preventive measures. Here’s a comprehensive guide on what to do and how to avoid falling victim to password […]

CyLock MFA solution provider In a nutshell, MFA requires more than just a username and password to log into an account. Additional factors such as one-time passwords, biometrics, or even physical tokens can be used to increase security. This way, even if your password is compromised, the extra factor provides added protection against hackers gaining access to your accounts. MFA […]