As incidents such as the Equifax breach create more urgency to move beyond static identifiers and authentication methods, Visa is getting aggressive about pushing dynamic tools to vet and shield identity.
Companies and households should therefore be on the lookout for security patches of their wireless access points and endpoint devices like laptops, desktops and mobile devices, write Steven Murdoch and Frederik Mennes from Vasco Data Security
Financial institutions need to take notice of this phenomenon and ramp up their payments infrastructure to support these developments, writes Chet Kamat, senior vice president of Oracle Financial Services.
The commercial potential of internet-connected devices appears bound only by imagination and comfort. For security companies, there's a similar broad horizon as watches, refrigerators and other everyday items become tools for payments.