8 of 10 consumers prefer transacting with online brands having strong ID verification measures with 68% preferring digital identity use in the financial services sector.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
Implementing a Zero Trust architecture will help mitigate and ultimately lower the number of successful cybersecurity attacks your organization might otherwise endure, greatly reducing operational and financial risk. Here are five practical steps.
Clearview AI will be fined £7,552,800, and has been ordered to stop collecting facial recognition data in the UK and to delete all of the data it had previously collected.
Threat actors compromised American automaker General Motors in a credential stuffing attack, accessed customers' personal information, and redeemed reward points for gift cards.
Conti ransomware group has transformed from lone wolves into a globe-spanning pack of well-organized criminals disrupting and casting into disarray government entities, private organizations, and small and medium-sized businesses.
While organizations should prepare for a passwordless authentication-based future, in the interim, companies need to implement a strategy that utilizes as few passwords as possible, including products such as a password manager for business, federation, and privileged access management (PAM).
An attempted ransomware attack on SpiceJet systems disrupted flight operations leaving passengers frustrated and stranded for hours with flights canceled in some locations.
Conti Ransomware Group Voluntarily Shuttered, but Members Expected to Splinter off To Smaller Groups
Security researcher claims that the Conti ransomware attack on Costa Rica was an intentional smokescreen to cover a reorganization into smaller ransomware groups.
Security teams need to be vigilant - both on what SaaS services employees are connecting to, and whether those platforms are safe and remains safe for use in the organization.
Depending on the use case and security scenario, users can be authenticated by combining different approaches like standard or behavioral biometrics. System can automatically and passively recognize who we are making it smooth, fast, and straightforward for the user.