Shopify's announcement this week that two employees inappropriately accessed transactional data from 200 of the merchants that use its e-commerce platform demonstrates the importance of taking a "zero trust" approach to security and improving identity and access management capabilities, security experts say.
What will be the impact of the leak of investigatory documents from FinCEN - the U.S. Treasury Department's Financial Crimes Enforcement Network? For starters, experts warn that FinCEN reports may reveal sensitive information tied to banks and law enforcement agencies' investigatory tools and tactics.
An organization has successfully implemented a "zero trust" framework when it can achieve context-aware resolution of a risk, says Dr. Siva Sivasubramanian, CISO of SingTel Optus, an Australian telecommunications firm.
The key components of an effective "zero trust" architecture include multifactor authentication, network segmentation and a defense-in-depth approach, says Dr. Erdal Ozkaya, regional CISO and managing director at Standard Chartered Bank in the United Arab Emirates.
The secure access service edge model, or SASE, treats identity as the new perimeter, says Lee Dolsen Singapore-based chief architect for Zscaler in the Asia Pacific region, who offers implementation insights.
A hybrid workforce, heightened insider risk, 5G concerns over the expanded attack surface - these are the "more" that people reference when they talk about "doing more with less" in 2021. A CEO/CISO panel discusses how security leaders prioritize budget allocations for these concerns.
A former Cisco engineer has pleaded guilty to causing $1.4 million in damages to his former employer. Sudhish Kasaba Ramesh admitted to deleting 456 virtual machines that affected 16,000 WebEx accounts for weeks, according to the Justice Department.
News that a malware-wielding gang of Russians targeted Tesla by attempting to work with an insider should have all organizations asking: What would happen if extortionists attempted to bribe one of our employees to install malicious code designed to steal corporate secrets for ransom?
Tesla CEO Elon Musk says a "serious attack" aimed at stealing corporate data and holding his company to ransom has been thwarted. The FBI has accused a Russian national of attempting to recruit an insider to install malware to steal data, which criminals hoped to ransom for $4 million.
The "zero trust" model can play a critical role in mitigating emerging threats. That's why Information Security Media Group will host on Aug. 4 a virtual cybersecurity summit for Southeast Asia on applying the model.
The "zero trust" model can play a critical role in mitigating emerging threats. That's why Information Security Media Group will host on July 27 a virtual cybersecurity summit for India on applying the model.
Following Twitter's admission that cryptocurrency scammers socially engineered its employees to gain control of 45 high-profile accounts, one reaction has been: Why didn't anyone crack Twitter sooner? Unfortunately, the answer is that they have, especially if you count nation-states bribing insiders.
Twitter says attackers who hijacked more than 130 high-profile Twitter accounts used social engineering to bypass its defenses, including two-factor authentication on accounts. Experts say companies must have defenses in place against such schemes, which have long been employed by fraudsters.
As companies lay off employees and deal with financial challenges during the COVID-19 pandemic, they're also facing an increase in the number of insider fraud incidents, says Randy Trzeciak, director of the National Insider Threat Center at Carnegie Mellon University, who offers fraud detection tips.
An identity and access management strategy for a hybrid cloud environment should include single sign-on as well as multifactor authentication, says Andrew Koh, deputy general manager and regional lead-Risk at Habib Bank Ltd. in Singapore.
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