In the past, passwords were the key to accessing systems and platforms, and they held much value as a security measure for businesses. But over time, the threat landscape has evolved, and weaknesses have been discovered in standard encryption methods that have diminished the password’s value.
In this article we will delve further into the many risks to today’s digital identity solutions. We will also review the benefits of alternatives to passwordless authentication solutions using biometrics, and ultimately where the future of identity security could be heading long-term.
Nearly half (48%) of organizations do not have a user verification policy in place for password reset calls to IT service desks, according to a new Specops Software survey, which highlights social engineering vulnerabilities among IT service help desks.
While authentication and authorization might sound similar, they are two distinct security processes in the identity and access management (IAM) space. Authentication is the security practice of confirming that someone is who they claim to be, while authorization is the process of establishing the rights and privileges of a user. Here, we talk to Tehila Shneider about authorization, authentication, and why authorizations remains a problem that is mostly unsolved.
According to Transmit Security’s State of Customer Authentication report, 55% of consumers have stopped using a website because of the login process and more than 87% have been locked out of an online account because of an error-ridden password process.
March 30, 2021
Transmit Security has released “The Impact of Passwords on Your Business,” a State of Customer Authentication report that includes customer experience insights based on its survey of 600 U.S. consumers. According to the report findings, organizations are losing potential customers and a substantial amount of revenue due to their dependency on traditional password systems and outdated customer authentication models.
As cybercriminals continue to revel in the surge of employees using weak or vulnerable methods to remotely access workplace systems, organizations are increasingly looking to boost overall security by eliminating passwords, and instead opting for passwordless authentication. Here, we talk to Shimrit Tzur-David, CTO of Secret Double Octopus, about recent developments in this technology.
In this article, we discuss how two-factor authentication has been evolved to address the shortcoming of single authentication systems. We also discuss how we can utilize a blockchain technology to transform 2FA by migrating the centralized network into a decentralized blockchain network. As more Internet-of-Things devices require authentication credentials and users increase their repository of usernames and passwords for accessing web services, the emergence of 2FA solutions based on blockchain technology is inevitable.
Every organization has hundreds of applications and databases, and its employees access them every day using their credentials (that is, their username and password). An attacker with such valid credentials can bypass existing security solutions, as they look like a legitimate user. As per the Verizon Data Breach report in 2016, more than 63% of successful breaches involved compromised credentials. Two-factor authentication (2FA) provides an added layer to the existing credential-based system protection as a solution to this drastically growing problem. As such, in this article, we will cover the following two topics: What is 2FA and Blockchain for 2FA.
Enterprises worldwide are accelerating the adoption of passwordless authentication technologies in response to the increase in cybersecurity threats in 2020, according to a new report released by HYPR, The Passwordless Company and Cybersecurity Insiders.
As organizations continue to adapt to life in the age of COVID-19, smartphones are set to take on additional responsibilities – even as the security limitations of these devices become ever more evident. Below, I’ve highlighted five key trends that are set to shape mobile security in 2021.