ATO attacks are a huge reputational risk for businesses in the finance industry, but that pales in comparison when customers lose their entire life savings.
Author Archives: Stan Bounev
There is no doubt that growth in the Zero Trust market is fueled by the increasing frequency of cyber-attacks and regulations for data protection. But let’s face it, Zero Trust (ZT) is a chimera for most organizations. As long as we continue to define successful ZT as “MFA everything” and least privilege access everywhere, it’s never going to happen.
In 2017, the National Institute of Standards and Technology (NIST) released NIST Special Publication 800-63B Digital Identity Guidelines to help organizations properly comprehend and address risk as it relates to password management on the part of end users. Nearly every year since, NIST has undertaken to update or underscore these guidelines as security experts continue […]
Assessing The Risk of Compromised Credentials to The Enterprise Businesses today face an abundance of organizational risk. These come in the form of creating the business model itself, dealing with third parties, managing vendors and partners, monitoring internal and external fiscal fraud, exercising premise security, and the like. In the 21st century, no greater risk […]
by Stan Bounev and Chris Olive When faced with the problem of data being open to all users on an early, 1960’s mainframe computer, Fernando “Corby” Corbato rather nonchalantly assigned passwords to protect user private data, and the concept of the computer password was born. Fast forward to today, and no one ever would have […]
Account Takeover (ATO) Attacks Simply Don’t Matter Account Takeover (ATO) attacks seemingly just don’t matter. That’s the conclusion a semi-informed outside observer might potentially come to based on how these pernicious attacks are being addressed by the cybersecurity community. That ATO attacks desperately need to be addressed, and addressed in the right way, goes without […]
“Baby born with two heads! Alligators found in Central Park! 773 Million Credentials Leaked! Largest Breach In History! Step right up folks, and get the latest news, exclusively right here!” And so it may as well have been last week. The sensationalized news of the Collection #1 breach touted as “one of the largest breaches […]
Google along with researchers from University of California recently published a research paper titled “Data Breaches, Phishing, or Malware? Understanding the Risks of Stolen Credentials” in an effort to better understand the risks of stolen credentials posed to billions of Internet users. The research is based on a dataset of 1.9 billion of stolen credentials […]
High-profile data breaches in recent years have created a new and rapidly emerging high-risk reality that businesses must be made aware of, and which can no longer be ignored. This high-risk reality is the creation and accessibility of huge data lakes containing billions of leaked credentials for sale on the dark web that provide exact […]
HIBP (haveibeenpwned.com) is a well-known website which allows people to check if any of their online accounts have been compromised in previous data breaches. You provide an email address and it will tell you in which data breaches this email address has been found (Figure 1). Nice and easy, right? There are two major issues […]