Biometric technology, and specifically its most modern iteration, facial recognition, has found its way into security systems essential to everyone. We rely on it to safeguard some of our most prized belongings, including our smartphones, laptops and now, with Apple Pay, even our bank accounts and credit cards. Security experts applaud facial recognition as one of the most secure and efficient means of authentication available today.
Why then, has the industry most hinged on security and identification – Banking, Financial Services and Insurance (BFSI) – been so slow to adopt this new wave of technology?
Many security researchers are now predicting that deepfakes could become a major security threat in the 2021-2022 period. Where is the threat and what can you do about it?
In recent years, there has been a recognition that social engineering plays a huge part in the execution of cybersecurity attacks. The intersection of “non-physical” and “technical” social engineering is where criminals are mostly focused today. Enter deepfake technology, which poses a looming risk over enterprises and their security leaders as they figure out how to prepare for and mitigate such a risk.
Since Digital Shadows published its first report last year, Initial Access Brokers: An Excess of Access, the company has continued to closely monitor the IAB criminal category. Where it tracked roughly 500 IAB listings in all of 2020, already in 2021 it has found some 200 new listings published by IABs in cybercriminal forums and other dark web sources in just Q1.
Cybercriminals continue to exploit unpatched Microsoft Exchange servers. Cybersecurity researchers at Sophos report an unknown attacked has been attempting to leverage the ProxyLogon exploit to unload malicious Monero cryptominer onto Exchange servers, with the payload being hosted on a compromised Exchange server.
Recently, TalentLMS partnered with Kenna Security to survey 1,200 employees on their cybersecurity habits, knowledge of best practices, and ability to recognize security threats. Here are some of the staggering results that offer some explanation as to why cybercrime has grown into such a lucrative business:
Zero Trust Architecture (ZTA) is a trendy term touted by cybersecurity vendors. But there isn’t a single ZTA solution. The architecture is composed of numerous components, that when taken together, form a new paradigm for dealing with cybersecurity that is appropriate in a modern world where corporate enterprises are no longer confined to a well-defined and trustworthy perimeter such as remote working and cloud environments. For reference, the National Institute of Standards and Technology (NIST) has created a very detailed ZTA publication
The New England College of Optometry (NECO) formed a COVID-19 Task Force and began exploring ideas to enable in-person learning at the school in a safe, effective and well-planned manner. One of the solutions that NECO implemented is a contact-tracing tool that allows the school to respond immediately to report of an infection, accurately and effectively, without relying on a sign-in sheet or a person’s recollection of their previous contacts.
The New England College of Optometry (NECO) formed a COVID-19 Task Force and began exploring ideas to enable in-person learning at the school in a safe, effective and well-planned manner. One of the solutions that NECO implemented is a contact-tracing tool that allows the school to respond immediately to report of an infection, accurately and effectively, without relying on a sign-in sheet or a person’s recollection of their previous contacts.
From the initial secured entrance to the overarching access control system, the emphasis is currently on contactless access control and door entry solutions. A myriad of technologies from NFC and smart mobile devices to facial biometrics will help play a vital role in what are now COVID-driven essentials. An integrated strategy for access control, along with tailgating mitigation options including turnstiles, revolving doors and mantrap portals enables building security to implement even more comprehensive control and prioritized security while making use of touchless credentials.
Keeping unauthorized intruders from entering a business location is a critical part of protecting corporate assets. Perimeters are the first line of defense but do not conform to a ‘one-size-fits-all’ safeguarding solution. Selection criteria for the most suitable Perimeter Intrusion Detection System (PIDS) must take into consideration perimeter length, topography, environmental conditions, and future site expansion plans.
The National Cybersecurity Alliance and the Identity Defined Security Alliance (IDSA), present the first ‘Identity Management Day,’ an annual awareness event which will take place on the second Tuesday in April each year. The inaugural Identity Management Day will be held on April 13, 2021.