Know-How

Third-party security is almost impossible

There are many themes arising for the RSA Conference next week including tools and services to protect against originating with unsecured third parties in the supply chain. That is a crucial issue in every industry especially with almost every company doing business with a supplier in the cloud. But the scope of the problem is almost impossible to resolve. The reasons are myriad.

With every Fortune 1000 business and government agency doing business with tens of thousands of third-party suppliers, the odds of finding one chink in the security protocols are very good for the criminals and state actors looking to do damage.

Social engineering can easily bypass the strongest technical defenses. It only takes a single lapse in digital hygiene to open the door to man-in-the-middle attacks, invite malware injections, and launch credential stuffing. It is also the favorite strategy of ransomware gangs.

Ransomware grabs headlines and remains highly lucrative for ransomware gangs. When compared to other forms of cybercrime, however, ransomware is really a minor issue. There are more than 33 million small businesses (under $100 million in revenue) operating in the United States alone representing 99 percent of all businesses. However, according to a study produced by the Black Kite Research and Intelligence Team, less than 5000 of them experienced a successful ransomware attack in the last 12 months...

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IAM in a shifting environment

The fourth annual Identity Management Day (April 9) brought the opportunity to assess and evaluate the shifting environment plaguing Identity and Access Management (IAM).

Identity plays a pivotal role in all facets of business functions. Overseeing identity and access presents challenges in determining who should have access to what.
This process requires a contextual understanding of the roles and duties of numerous individuals within an organization, ranging from system owners and supervisors to IT, security, and compliance personnel. Managing access between all these stakeholders and decision-makers while mitigating human error, minimizing excessive permissions, and preventing inappropriate access configurations presents a formidable task.

As workforces evolve, managing access privileges becomes even more complex, raising the risk of insider threats and unauthorized access. Understanding identity management is crucial across all business activities, especially with the rise of hybrid and remote work setups.

A strong IAM strategy requires enterprises to maintain a centralized and consistent view of all devices, resources, data, and users, along with timely provisioning of access to different users. When any of these elements are insufficiently operated, both the level of cybersecurity and the quality of user experience are jeopardized.

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