Inconsistent, misleading password meters can increase risk of cyber attacks: Study

Agencies
December 23, 2019

Washington D.C., Dec 23: Inconsistent and misleading advice offered on some of the world's most popular websites could actually be doing more harm than good, says a recent study.

Password meters">Password meters are frequently made available to help the users secure their personal data against the threats posed by cybercriminals.

The study conducted at the University of Plymouth has assessed the effectiveness of 16 password meters that people are likely to use or encounter on a regular basis.

The research says that there is a clear level of variation in the advice offered across different websites.

The study was published in the journal Computer Fraud and Security.

The main focus was dedicated password meter websites, but the study also sought to assess those embedded in some common online services (including Dropbox and Reddit) and those found as standard on some of our devices.

And while some meters do effectively steer users towards more secure account passwords, some will not pick them up when they try to use 'abc123', 'qwertyuiop' and 'iloveyou' - all listed this week among the worst passwords of 2019.

The study was conducted by Steve Furnell, Professor of Information Security and Leader of the University's Centre for Security, Communications and Network Research.

Commenting on the latest research, Prof Furnell said: "Over the festive period, hundreds of millions of people will receive technology presents or use their devices to purchase them."

"The very least they should expect is that their data will be secure and, in the absence of a replacement for passwords, providing them with consistent and informed guidance is key in the quest for better security."

"What this study shows is that some of the available meters will flag an attempted password as being a potential risk whereas others will deem it acceptable. Security awareness and education are hard enough, without wasting the opportunity by offering misleading information that leaves users misguided and with a false sense of security."

The study tested 16 passwords against the various meters, with 10 of them being ranked among the world's most commonly used passwords (including 'password' and '123456').

Of the 10 explicitly weak passwords, only five of them were consistently scored as such by all the password meters, while 'Password1!' performed far better than it should do and was even rated strongly by three of the meters.

However, one positive finding was that a browser-generated password was consistently rated strong, meaning users can seemingly trust these features to do a good job.

Prof Furnell added: "Password meters">Password meters themselves are not a bad idea, but you clearly need to be using or providing the right one."

"It is also worth remembering that, regardless of how the meters handled them, many systems and sites would still accept the weak passwords in practice and without having offered users any advice or feedback on how to make better choices," he added.

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Agencies
January 12,2020

Washington D.C., Jan 12: A recent study has claimed that people end up wasting almost an entire day when they take a vacation.

This can happen while standing in a queue or searching for places to visit, people do not keep a count of the time they have actually utilised during the trip. As a result, they end up doing much lesser activities than they originally had planned.

According to a recent report in Fox News, the study has also shared the fact that people try to justify time waste with planning and scheduling activities whereas the truth is that these things can be done well ahead to save time during the trip.

The average time waste according to the study commissioned by Sykes Holiday Cottages also said the people taking a seven days' trip waste a minimum of 17-and-a-half hours to figure out various factors.

But there are other causes involved as well. When one visits any crowded location, the real-time spent to enjoy the location is lesser than the time spent on reaching and trying to get involved. For instance, if one visits an amusement park, the activities take lesser time than the preparatory and other phases.

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Agencies
March 10,2020

New Delhi, Mar 10: Crisis-hit Yes Bank on Tuesday said that it has enabled inward IMPS and NEFT services.

The move allows people to send money from other bank accounts to their Yes Bank account through IMPS (Immediate Payment Service) and NEFT (National Electronic Funds Transfer) mode.

In a tweet, the bank also said that Yes Bank customers can pay their credit card dues and loan obligations from other bank accounts.

"Inward IMPS/NEFT services have now been enabled. You can make payments towards YES BANK Credit Card dues and loan obligations from other bank accounts. Thank you for your co-operation. @RBIA @FinMinIndia," said tweet.

Last week Yes Bank was placed under moratorium and a withdrawal cap of Rs 50,000 was imposed till April 3.

The administrator of Yes Bank, Prashant Kumar and Rajnish Kumar, the Chairman of the State Bank of India are hopeful that moratorium would be lifted within a week.

As per the Reserve Bank of India (RBI) draft reconstruction scheme for the crisis-hit private lender, the SBI will take up 49 per cent in the bank by investing Rs 2,450 crore.

The new board of directors will stand constituted from the appointed date. It will comprise a CEO and MD, non-executive chairman and non-executive directors. The SBI will have nominee directors appointed on the board of the reconstructed bank.

The RBI may appoint additional directors to the board, who shall continue in office for one year, or until an alternate board is constituted by Yes Bank.

The SBI will not reduce its holding below 26 per cent before completion of three years from the date of infusion of the capital.

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Agencies
May 20,2020

In a bid to help struggling small businesses in Covid-19 times, Facebook has introduced Shops to help set up a single online store for customers to access on both Facebook and Instagram.

While Facebook Shops is being rolled out from Wednesday, the company will introduce Instagram Shop, a new way to discover and buy products in Instagram Explore, this summer, starting in the US.

The social networking giant also announced that it will invest in features across its family of apps to inspire people to shop and make buying and selling online easier.

"Creating a Facebook Shop is free and simple. Businesses can choose the products they want to feature from their catalogue and then customise the look and feel of their shop with a cover image and accent colours that showcase their brand," Facebook said in a statement late Tuesday.

Any seller, no matter their size or budget, can bring their business online and connect with customers wherever and whenever it's convenient for them.

People can find Facebook Shops on a business' Facebook Page or Instagram profile, or discover them through stories or ads.

"From there, you can browse the full collection, save products you're interested in and place an order — either on the business' website or without leaving the app if the business has enabled checkout in the US," informed the company.

Last month, Facebook announced $40 million in grants for 10,000 small businesses in the US to help them get through these challenging time.

The grants will go to small businesses in 34 locations where Facebook employees live and work.

The company said that in Facebook Shops, users will be able to message a business through WhatsApp, Messenger or Instagram Direct to ask questions, get support, track deliveries and more.

In the future, they will be able to view a business' shop and make purchases right within a chat in WhatsApp, Messenger or Instagram Direct.

Later this year, Facebook will add a new shop tab in the navigation bar, so people can get to Instagram Shop in just one tap.

Facebook said it is making it easier to shop for products in real time.

Soon, sellers, brands and creators will be able to tag products from their Facebook Shop or catalogue before going live and those products will be shown at the bottom of the video so people can easily tap to learn more and purchase.

"We're starting to test this with businesses on Facebook and Instagram, and we'll roll it out more broadly in the coming months," said the company.

Facebook is also working with partners like Shopify, BigCommerce, WooCommerce, ChannelAdvisor, CedCommerce, Cafe24, Tienda Nube and Feedonomics to support small businesses.

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