Rely upon Citizens’ Autobiographic Memory
$43 billion stolen through Business Email Compromise since 2016, reports FBI
This report indicates that a big chunk of the attacks involve the compromise of login credentials.
Identity Assurance by citizens’ autobiographic/episodic memory helps a lot to thwart the attacks that break the user authentication, as discussed here — “Solution Resides in Citizen’s Brain Unnoticed” https://www.linkedin.com/posts/hitoshikokumai_democracy-privacy-ethics-activity-6908966261007503360-_Cd_
Needless to say, two-channel/factor authentication certainly helps as recommended in the report. We have our own two-channel solution that enables us to register images of our episodic memory to be displayed on a second device.
Here, we would like to emphasise how important it is to be mindful of the difference between ‘weak password and token’ and ‘strong password and token’; when the token is lost, stolen or compromised, a hard-to-break password would be the last resort.
It is always crucial to have a good password for an important account, irrespective of whether it is a single factor of password or a two-factor scheme of password and token.
Well, thinking of 2-factor schemes of biometrics and password? Then, have a quick glance at “Two Ways of Damaging Cyberdefence from Within” https://www.linkedin.com/posts/hitoshikokumai_democracy-privacy-ethics-activity-6919830534051307520-iQte