Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 

Security experts recommend a ‘Security Ecosystem'

Unisys security experts recommend that a ‘Security Ecosystem’ is needed to combat identity fraud

Unisys security experts Terry Hartmann and Rob Dewar this week warned delegates at a briefing in Sydney that a security system is only as strong as its weakest link. Unisys called for governments and companies to work together to create a strong “anti-fraud ecosystem” to combat the problem.

“Australian companies continue to invest in online security. But it is clearly not enough, as technology is creating ‘super-enabled’ criminals that are keeping one step ahead,” said Rob Dewar, managing partner financial services, Unisys Australia-New Zealand. “In many companies, what started out decades ago as leading technology is now a convoluted patchwork of systems.”

Mr Dewar cited Gartner research indicating that the financial services sector is investing less than 1% of revenue in security systems. He also quoted Anti-Phishing Working Group (APWG) figures released earlier this week, that demonstrate that ‘cyber-criminals’ are using more sophisticated tools to gain access to identity information and commit cyber crime.

“Financial institutions need integrated, multi-channel monitoring of seemingly small, disconnected events. Only then can they find and deter organised worldwide fraud,” continued Mr Dewar. “Any company that collects data must track information more effectively and share it with reporting agencies and other groups - and not just after attacks occur. Consumers, too, must be more active in protecting their identities and monitoring their accounts. Remember, something as innocuous as a video rental membership is enough for a criminal to steal your identity.”

At the briefing, Terry Hartmann, director of homeland security Unisys Asia-Pacific, outlined how different biometrics solutions are now being introduced around the world to strengthen border control. “Australia will be one of the first countries to issue International Civil Aviation Organisation (ICAO) standard ‘e-passports’, later this year. These that will incorporate a computer chip that will contain a facial recognition biometric,” he said.

Unisys worked with the Australian Department of Foreign Affairs and Trade on the development of the specification of the Australian electronic passport. Fingerprints, facial recognition, voice recognition and other biometrics also have applications beyond border security, including protecting against personal identity theft and credit card fraud. However, Unisys warned against introducing poorly planned solutions. “Any biometric solution has to strike a workable balance between security, functionality and privacy,” said Mr Hartmann, “and must allow for changes in technology over long periods – up to 10 years for passports, for example.”

ENDS


About Unisys 3D Visible Enterprise

Unisys, together with our clients, is building and delivering the vision of the future for IT and business services. Unisys systems rely on a proprietary methodology called 3D Visible Enterprise which looks at every facet of a company; providing insight to cause-effect relationships between vision, operations and the IT systems that support them.

About Unisys Asia Pacific

Unisys Asia Pacific helps clients eliminate business and IT complexity providing specialized services delivered by trusted consultants. Drawing on a history of industry innovation and expertise, Unisys Asia Pacific delivers services and solutions through subsidiaries in Australia, New Zealand, China, Hong Kong, Korea, Malaysia, The Philippines, Singapore, Taiwan and Thailand and through distributors or resellers in other countries in the region.

About Unisys

Unisys is a worldwide information technology services and solutions company. Our people combine expertise in consulting, systems integration, outsourcing, infrastructure and server technology with precision thinking and relentless execution to help clients, in more than 100 countries, quickly and efficiently achieve competitive advantage. For more information, visit www.unisys.com.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Dry: Beef + Lamb Launches Drought Resources

The resources include a fact sheet outlining strategies to manage and mitigate the effects of drought, coping with stress on the farm and advice on feed requirements and animal welfare during the dry period. More>>

ALSO:

InternetNZ: Net Neutrality Failure In US "Will Hurt All Users"

InternetNZ Chief Executive Jordan Carter has condemned the decision by the United States communications regulator to undo 2015 open Internet rules, warning that all Internet users will end up worse off as a result. More>>

ALSO:

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>