The National Institute of Standards and Technology’s (NIST) National Cybersecurity Center of Excellence (NCCoE) has published a guide to help online retailers implement multi-factor protections to reduce fraudulent purchases.
The effort arrives as technology companies call on MSPs to embrace two-factor and multi-factor authentication (2FA & MFA) to safeguard internal systems and customer systems.
The NCCoE is a public and private partnership working on cybersecurity solutions for specific industries. The 166-page document, entitled Multifactor Authentication for E-Commerce, is intended as a primer to show online retailers that it is possible to implement open standards-based technologies to enable Universal Second Factor (U2F) authentication.
“As retailers in the United States have adopted chip-and-signature and chip-and-PIN (personal identification number) point-of-sale security measures, there have been increases in fraudulent online card-not-present electronic commerce transactions,” the document’s authors (there are six) wrote.
Read more at: MSSPAlert