Risky Business

Risky Business is a weekly information security podcast featuring news and in-depth interviews with industry luminaries. Launched in February 2007, Risky Business is a must-listen digest for information security pros. With a running time of approximately 50-60 minutes, Risky Business is pacy; a security podcast without the waffle.

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Snake Oilers #3: Bot prevention and distributed "crypto magic" credit card storage


In this edition of Snake Oilers we’re taking a look at two Australian companies and their solutions: Kasada and Haventec.

Kasada’s product is a simple one – it’s bot prevention using proof of work and a couple of other things, and Haventech’s solution is a bit more out there.

They’ve got a couple of products. One uses device fingerprinting plus a secret for authentication, but they’ve actually come up with something else that’ll be really interesting to people in the payment card processing space.

Basically they’ve come up with a way to split credit card info into a few pieces so it can be stored in a distributed way. Part of the info with the user, part with the merchant and part with the processor. It’s a better approach than tokenisation, and will drastically reduce the liability and costs that comes with storing huge amounts of card data on the processor side. Oh, and they’ve solved the chargeback problem on that one too.

Links to the companies profiled can be found below. I hope you enjoy the show!

Show notes Kasada | Security Redefined Haventec | Revolutionising cyber security Home - Australian Cyber Security Growth Network


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 November 6, 2017  29m