The Rise of Identity Access Management in Fintech
Identity and access management is an umbrella term covering policies and technology that manage users’ access privileges. That includes everything from multifactor authentication (MFA) to network segmentation. Many employees use the same passwords for cloud access for critical internal data, making data breaches from credential stuffing more likely. Segmentation and access restrictions within IAM help mitigate these risks. View the full article at FinTechReview.net. ...
Authentication vs. Authorization
In the world of identity and access management, you may have heard the terms “authentication” and “authorization.” You may have often heard them mentioned as if they were a single process — “authentication and authorization.” But are they the same thing? What’s the difference between authentication and authorization, if any?
4 IT Priorities in the WFH Era
Data breaches have become a fact of life in the working from home era, but there are steps we can take to make our networks safer. It only takes one backdoor, or, as with the Colonial Pipeline in 2021, an old password sold to the right person, to open the floodgates and shut everything down. View the full article at Wire19.com. ...
Top 5 Cyber Exposures Tied to the Rising Use of International Remote Workforces
Securing company data isn’t as straightforward as it used to be. Things get even more complicated if you have an international remote workforce with phishing making up to 30% of all attacks against small businesses. View the full article at TheLastWatchdog.com. ...
How Data Breaches Happen
Words that are probably only spoken in hushed tones around your office are “data breach.” A data breach can be disastrous for a company. Typically, one results in the theft of either company data, personal information of customers such as credit card numbers, names and email addresses or both. Even a data breach that’s caught quickly can require an expensive cleanup, and one that’s allowed to go on for any reasonable length of time can cost companies millions and ruin their reputation.
Securing the Cloud With Biometric Data
Despite being the most common way to secure an account, passwords themselves are often unsecure. Many employees reuse passwords for cloud access and other systems, making it easier for cybercriminals to obtain or guess them. If companies hope to secure their cloud data, they must move away from these breach-prone authentication methods. View the full article at TheChief.IO.com. ...
The Breach That Didn’t Have to Happen
15 billion passwords are for sale on the dark web. Some of them belong to you. Multi-factor authentication renders those stolen passwords useless even if they’re still valid in your system.
8 Ways SMBs Can Improve Cybersecurity
Cybercrimes and data breaches are a growing threat for businesses. In total, cybercrimes are predicted to inflict upwards of 6 trillion USD globally in 2021, and the cost of cybercrime is expected to grow by 15% each year within the next five years. Small and medium-sized businesses (SMBs) aren’t immune to these threats — according to one report, 15% of small businesses suffered a virus, leak or hack in 2019…
Gartner Buyer’s Guide for Access Management
According to Gartner, “Security and risk management leaders responsible for IAM and fraud should follow these five steps to select a long lasting, cost-efficient AM solution.” ...
Why Your Startups Should Care More About Data Security
Optimal IdM discusses IAM with Roger Hollings from KillerStartups… ...
