Organizations can improve security with modern authentication protocols, but the big message to the marketplace is that FIDO Passkeys give customers more convenience and deliver a consistent user experience, according to panelists on the final day of FIDO Alliance's Authenticate 2022 Conference.
Fraudsters are using tried-and-true tactics such as check washing as well as Zelle scams and a host of insider threats to scam banks and their customers. Frank McKenna, chief fraud strategist at Point Predictive and author, explains why fraud is on the rise and the steps banks can take to stop it.
The latest edition of the ISMG Security Report discusses how Russian-speaking ransomware gangs have their eyes on a new target, offers the latest on Australia's data security reckoning and the government’s response, and outlines emerging trends in customer identity and access management.
In Part 2 of this video series, CyberEdBoard member Andrew Abel, a cybersecurity and zero trust consultant, and Chase Cunningham, CSO at Ericom Software, explain why organizations need to think about identities in the context of humans and nonhumans, their roles and their risks.
Multifactor authentication needs to move away from one-time passwords sent via text message and embrace modern standards that prevent man-in-the-middle attacks. Plus, excessive identity challenges online lead to 20% of e-commerce transactions being abandoned, say experts at Authenticate 2022.
Multifactor authentication was supposed to be the standard, but the sharp rise in highly successful MFA bypass attacks shows the industry needs to go further in verifying identities. Keynote speakers at Authenticate 2022 said the future of passwordless technology could answer this latest threat.
Perennial leaders ForgeRock, Ping Identity and IBM, along with a surging Okta, set themselves apart from the pack of CIAM vendors in the latest report by KuppingerCole analysts. Ping Identity leapfrogged ForgeRock to capture the gold in product leadership, and IBM once again took the bronze.
Since credential leaks are so common in cybersecurity incidents and breaches, how is it even possible to protect identities? Corey Nachreiner of WatchGuard Technologies shares strategies for how enterprises can upgrade their approach to identity security.
"Good enough" security used to be just that for many boards and senior leaders. But in today's dynamic threat landscape, where digital identities are under siege, the concept of identity security has risen to be a business essential. Matt Mills of SailPoint tells why this is a game-changer.
The latest ISMG Security Report examines whether banks should be held liable for the rapidly increasing Zelle fraud problem, explores the latest M&A activity among IAM vendors, and discusses the implications of the new legal framework for personal data transfers between the U.S. and Europe.
In Part 1 of a three part-video series, Andrew Abel, a cybersecurity and zero trust consultant and CyberEdBoard member, and Chase Cunningham, CSO at Ericom Software, share tips on how to create an identity strategy within the broader context of zero trust.
Thoma Bravo has deepened its presence in the identity space, agreeing to buy ForgeRock for $2.3 billion just months after inking deals with Ping Identity and SailPoint. The deals mean that Thoma Bravo has spent $12 billion building a platform with expertise around CIAM and identity governance.
European lawmakers advanced legislation for a continentwide framework for digital identity after agreeing to provisions assuring online anonymity and local storage of digital documents. The European Commission first proposed in 2021 a framework for a digital identity accepted in all member states.
The latest edition of the ISMG Security Report discusses how adversaries have a new favorite tactic to circumvent MFA, why vendor Akamai is an appealing target for private equity, and what the industry can do differently to attract more females to leadership roles.
Passwords are supported everywhere. But, says Andrew Shikiar, executive director of the FIDO Alliance, "they have been proven time and time again to simply be unfit for today's networked economy." In this episode of "Cybersecurity Unplugged," Shikiar discusses how to move beyond passwords.
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