Debating authentication in UK financial sector with Nigel Smart

Debating Authentication UK Financial Sector with Nigel Smart

Nigel Smart is a professor in the COSIC group at the KU Leuven. He is known as the expert in the domain Cryptography and has acted as security expert advisor towards the UK financial services industry. He has held two ERC Advanced grants. He was Vice President of the International Association for Cryptologic Research (2014-2016) and is a Fellow of the IACR. He is co-founder of Unbound Tech and the Real World Cryptography conference series. During this debate with the CTO of nextAuth, he will give his vision on how the financial services industry should evolve in the domain of authentication, taking into account trends like quantum computing and going passwordless.

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Selected blog posts

blog post financial services

Strong Customer Authentication (mini-series with 3 parts)

To reduce fraud in electronic payments, Strong Customer Authentication (SCA) is becoming the norm. This three-part series goes deeper into how to do proper Strong Autentication on mobile devices and which classical approaches are definitely not compliant.

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blog post financial services

“Banking grade” authentication often means a weak OTP

Learn what goes on underneath the user interface of most authenticator apps. Far too often these are based on weak One Time Passwords (OTPs). OTPs are an outdated way of authenticating users and can be a serious liability for your IT security.

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