Cyberattacks are illegalacts of stealing, exposing, modifying, disabling, or destroying data through unauthorized access to computer systems. Cybercrimes have increased in proportion to the growth of technology and the internet. It may be related to cyber warfare, cyberterrorism, hacktivism, and criminality. There are three primary motivational categories to these attacks: criminal, political, and personal.
Cybersecurity is the defense against threats to internet-connected devices, software, and data. Individuals and businesses implementmethods to contain illegal access to data centers and other digital systems. If it is not controlled, it may cause financial, commercial, and data loss.
Retaining customers is crucial in a business, and that may be achieved by fostering brand loyalty. Data breaches have an impact on the business’s reputation. Companies that do not prioritize cybersecurity are more susceptible to attacks. If it happens, it may take them considerable time to recover from their losses while securedcompetitors gain consumer trust.
October is Cybersecurity Awareness Month, providing enterprises with an excellent chance to examine their procedures and monitor security trends. A strong cybersecurity plan offers a good security posture against malicious schemes and data assaults. It is also essential for preventing attacks that aimto disable or impair the functionalityof a system or device.
In a recent assault on the customer interaction platform Twilio, a massive phishing effort affected 9,931 accounts at more than 130 firms. The fraudsters stole Okta identification credentials and MFA codes from users who received text messages with links to phishing sites.
Password assault is any fraudulent technique used to access password-protected accounts. These attacks are generally enabled by software that accelerates password cracking or guessing.
Researchers recommend establishing strong FIDO2 authentication to avoid password assaults. Human-caused security flaws also need human factor authentication, like biometric identification.
Big tech companies are also recognizing the impact of going passwordless. Apple, Microsoft, and Google (Alphabet Inc.) have committed to password-free programs and lauded FIDO2 standards that allow passkey technology.
However, passkey’s strategy falls short in several aspects. Problems include tech ecosystem lock-in, user experience (UX) concerns, and password recovery issues. Passkeys are also not enterprise-grade solutions. It cannot provide the degree of identity assurance and authenticity management required by businesses.
There are also ethical concerns with the organization’s biometric authentication administration. ID.me, Clearview AI, and Onfido encountered legal and political issues due to their biometric data use strategies. These casesare likely to lead to the implementation of more ethical biometrics rules to protect rather than exploit customers.
Zero Trust is an example of a response to these issues. It isa security framework requiring all users, within or outside the organization’s network, to be verified, approved, and continually checked for security configuration and posture.
It uniquely handles contemporary corporate concerns, such as safeguarding remote employees, hybrid cloud systems, and ransomware attacks. This year, the White House issued an executive order proclaiming that the federal government will adopt a Zero Trust policy.
Continue reading the article below from authID to know the four security themes to keep in mind this cybersecurity awareness month.
