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.


Scam Bucket: Credit card fraud is inevitable

You can do everything right, but credit card fraud is inevitable.

In recent weeks, Cyber Protection Magazine has fielded calls and emails from people who have followed all the best-known techniques for securing banking, debit, and credit card information. That includes bank notifications every time the card is used, multi-factor authentication (MFA), biometrics, and limiting the use of a card for specific transactions. These readers still experienced unauthorized use of their payment cards

How does that happen?

The market for criminal use of legitimate credit cards is a well-known “secret.” The most common sites are found on the DarkWeb, but occasionally they pop up on Meta sites, where they can reap thousands of dollars before Meta gets around to kicking them off, generally without prosecution.

The criminals collect most of this information through phishing attacks using email, but also on Facebook and Instagram, and falling for a phishing scam may negate victims’ claims they “did everything right.” Criminals, however, are getting more sophisticated. Enterprises selling the card information gather it by sending fraudulent emails or text messages, posing as legitimate entities, and tricking individuals into providing their credit card information. Then there is basic social engineering, manipulating victims into revealing their credit card information through phone calls, and QR codes.

Even more sophisticated, criminals will install skimming devices on ATMs, gas pumps, or point-of-sale terminals to capture credit card information when cards are swiped or inserted. While it may not be obvious that the skimmers have been added to the terminal, it is fairly easy to determine if it is legitimate. Legitimate card readers cannot be easily removed, while skimmers may be held on with a simple adhesive. Some locations, like Costco fueling stations, place tape over the reader and, if broken, can alert users and the vendor that there may have been a breach.

No one is completely safe

But by and large, data breaches are the most common source of stolen credit card information, and that is something most victims cannot do anything about.

By hacking into databases of companies or financial institutions criminals steal terabytes of credit card information. Employees of companies or financial institutions may access and sell credit card information, posting the information of those above, carding forums. Criminals exchange...

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