Payment regulations in Europe have forced retailers to implement strong authentication that's phishing-resistant and facilitates more customer understanding, says FIDO Alliance's Christina Hulka. This has spurred a push for clients to confirm what they're purchasing and how much they wish to spend.
In the latest weekly update, four ISMG editors discuss why it pays off to have well-practiced incident response plans, whether Chat GPT is a blessing or a curse for penetration testers and bug bounty hunters, and how Microsoft has reason to be cheerful as security sales hit $20 billion.
Meta's popular social media platforms are increasingly being targeted by cybercriminals, and account takeover complaints rose over 1,000% last year. This social threat is spilling over into banks and government agencies, and experts criticize Meta for moving too slowly to address security issues.
ISACA's recently published Privacy in Practice 2023 survey report shares new research related to the privacy workforce, privacy skills, privacy by design and the future of privacy. Expert Safia Kazi shares ways organizations can align privacy goals with business objectives.
Valuations are down, some companies have left the market altogether, and some even have announced deep rounds of layoffs. Yet, Alberto Yépez of Forgepoint Capital retains optimism for the cybersecurity marketplace in 2023 and says now is the ideal time to be ramping up investments in innovation.
As a veteran CISO who enjoys the startup culture and energy, Aleksandr Zhuk of crypto broker sFOX likens himself to the first family doctor coming to a growing village. He's addressing an important need that certainly existed prior, but was overlooked or maybe outsourced.
Nation-state attackers are not just looking for major vulnerabilities to gain control of the enterprise. They are exploiting minor flaws to gain access and increase the severity of their attacks, says Matanda Doss, executive director of cybersecurity and technology controls at JPMorgan Chase.
Optiv has gone beyond examining log data and classic managed security services work to pursue threats across a broader swath of structured and unstructured data. The company has focused on finding threats outside of a log environment by examining system-to-system interfaces and transactional data.
In the latest weekly update, ISMG editors discuss why being a CISO is like being the first family doctor in a small village, why you can't trust ransomware gangs such as LockBit, and why cloud security vendor Netskope took on $401 million in debt from Morgan Stanley to fuel its SASE offering.
eSentire has used the $325 million it received in February to leverage data from its Atlas XDR platform and strengthen customers' positions around cyber resiliency. The Kitchener, Canada-based company has shifted its focus from alerts and data to business worries and business risk.
BlueVoyant has strengthened its ability to monitor the remediation of supply chain issues and integrate that with questionnaire activity, CEO Jim Rosenthal says. Existing supply chain tools tend to generate lots of risk information but then put the burden on the client to interact with suppliers.
Security ratings provide a strong indication of potential risk, but boards increasingly want to drill into the underlying risk factors, says CEO Steve Harvey. BitSight has invested in both workflows around third-party risk and research and identification of CVEs on behalf of government agencies.
Attackers have caught up with legacy multifactor authentication tools that use push technology or one-time passcodes, boosting the need for phishing-resistant MFA, says Jeremy Grant. In response, government officials such as CISA Director Jen Easterly have championed FIDO since it's mature and open.
Moving from certificate-based to FIDO authentication reduces overhead and complications for enterprises looking to move away from passwords, says Microsoft's Libby Brown. FIDO allows organizations to go passwordless by simply buying a FIDO key and turning it on in their Azure Active Directory.
Cybereason has gone all-in on helping customers mitigate threats beyond the endpoint to minimize the impact of ongoing SOC staffing challenges, CEO Lior Div says. The company's focus on tracking and following malicious operations sets Cybereason's approach to XDR apart from rivals.