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How did Brianna Powell's work as a law clerk prepare her for practicing law? Read more>

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The M&A Advisor Winner 2017The M&A Advisor announced the winners of the 16th Annual M&A Advisor Awards on Monday, November 13 at the 2017 M&A Advisor Awards. Bass, Berry & Sims was named a winner in the two categories related to the following deals:

M&A Deal of the Year (from $1B-$5B) – Acquisition of CLARCOR Inc. by Parker Hannifin Corporation

Corporate/Strategic Deal of the Year (over $1B) – Acquisition of BNC Bancorp by Pinnacle Financial Partners

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Regulation A+

It seems that lately there has been a noticeable uptick in Regulation A+ activity, including several recent Reg A+ securities offerings where the stock now successfully trades on national exchanges. In light of this activity, we have published a set of FAQs about Regulation A+ securities offerings to help companies better understand this "mini-IPO" offering process, as well as pros and cons compared to a traditional underwritten IPO.

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Privacy Perils: The Multi-Factor Authentication Process

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December 11, 2015

No matter how strong an online password may be, cybercriminals unfortunately devise methods to obtain passwords, sometimes using technical devices called keyloggers. Given the vulnerability of passwords, an increasing number of businesses and online platforms are requiring additional forms of authentication to gain access to networks or personal data. This approach, called multi-factor authentication, adds another layer of protection against data breach and acts as a safety net when a password is compromised.

How does multi-factor authentication work? It involves multiple methods of identifying data, which typically fit into the following categories:

  • What you know, i.e., a password, PIN number, security question or recognition of a familiar photo
  • What you have, i.e., a USB drive, smart card or portable token featuring a rotating code for the holder to input in the computer
  • Who you are, i.e., biometric identification such as fingerscanning, retina scanning or voice recognition

An authentication process that involves more than one of the above categories is considered multi-factored. On the other hand, a combination of more than one verification method within a given category (i.e., a password plus a security question), while it may involve multiple steps, still qualifies as single-factored authentication and is generally less secure than a multi-factored authentication process.

Beyond the use of strong passwords, a multi-factor authentication provides increased data security.

Privacy Perils imageCheck out our series, Privacy Perils, to learn what steps you can take to guard your personal and company data. For more information about this topic and other cyber security concerns, please contact Bob Brewer, Tony McFarland, Elizabeth Warren or a member of our Privacy & Data Security team.

 


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