Even after being notified that their personal data has been compromised in a breach, only about a third of users change their passwords - and most are not strong or unique, according to a study by researchers at Carnegie Mellon University, who call for changes in breach notification procedures.
The massive shift to remote working as a result of the COVID-19 pandemic means more organizations are adopting the "zero trust" model, taking such steps as implementing proper access controls, monitoring user behavior and building data governance policies.
Mphasis, the IT service management company, has made many adjustments to its risk management strategy - including wider use of multifactor authentication - as a result of more staff members working from home, says Sethu S. Raman, senior vice president and chief risk officer.
Security experts and law enforcement officials have long argued that paying ransoms doesn't pay. For starters, it directly funds the cybercrime ecosystem and makes it attractive for criminals to keep launching ransomware attacks.
To deal with the problem of "shadow IT" during the COVID-19 pandemic, organizations should put in place redefined compliance and governance policies, take a multilayered security approach and adopt a security framework to prioritize risks, a panel of three experts advises.
Implementing a "zero trust" approach to security boils down to this: "You have to have one entry to access enterprise applications," says Durga Durga Prasad Dube, global CISO at Reliance Industries, an Mumbai-based multinational conglomerate.
Singapore's open banking effort has expanded the attack surface, and the only effective defense is to enhance threat intelligence sharing among banks, retailers and third parties, says Tom Wills, a Singapore-based cybersecurity practitioner who is a consultant for financial institutions.
To ensure business continuity, companies that support India's critical infrastructure need to validate the functioning of the security controls and other tools deployed to support the remote workforce during the COVID-19 pandemic, says Mumbai-based Shivkumar Pandey, group CISO at the Bombay Stock Exchange.
Privileged access management is more critical as a result of the shift to telework during the COVID-19 pandemic and the ongoing movement of applications and data to the cloud, says Dr. Yask Sharma, CISO of a large national critical infrastructure organization in India, who outlines essential PAM components.
As CISOs in India scramble to deal with challenges related to the COVID-19 crisis, they're discovering effective strategies. For example, they're adopting the "zero trust" model for the remote workforce and devising ways to deal with the security issues raised by "shadow IT" and "free software."
Because so many organizations and government agencies are functioning in silos, a key component to India's soon to be finalized cybersecurity policy is the creation of an interministerial task force to respond to growing threats, says Lt. Gen. (Retd) Rajesh Pant, national cybersecurity coordinator.
It's no exaggeration to say that, in the midst of the COVID-19 pandemic, we now have the largest-ever global remote workforce. And with it comes an expanded attack surface that requires extra attention. Phil Reitinger of the Global Cyber Alliance shares five tips for securing the remote workforce.
Zero trust is not a product or a destination, but rather a journey requiring organizations to practice good security hygiene, continuous monitoring and detection, as well as rapid incident response backed by high levels of automation, says Shehzad Merchant, chief technology officer of Gigamon.
Improvements in behavioral biometrics and analytics are changing the way many financial services firms approach authentication. And more companies also are taking a "zero trust" approach to improve identity and access management, according to two security experts interviewed at RSA 2020.
In None We Trust
The Zero Trust model of information security has become a fixture in both the strategies of enterprise security teams and the roadmaps of security solution developers, and for good reason. Perimeter-focused security architectures that default to high trust levels on the internal network continue to...