Cyberattacks can lead to unauthorized access, alteration or deletion of critical data, extortion through ransomware, and disruption ofoperations. In today's interconnected society, advanced cyber defense systems benefit everyone. Cybersecurity protects systems, networks, and programs against digital threats.
Cybersecurity should be a year-round priority for businesses. But during October, industries celebrate Cybersecurity Awareness Month. It is an excellent time for companies to examine existing procedures and monitor security trends.
However, implementing effective cybersecurity measures is becoming more challenging as cybercriminals get cleverer in their schemes.According to a recent Wall Street Journal article, even the largest IT businesses are susceptible to significant thefts and data leaks. Employees or merchants often fall prey to social engineering assaults due to human mistakes.
For example, Uber was recently penetrated by a smishing method and a multifactor authentication (MFA) social engineering assault. The hacker convinced an employee to provide their password, giving them access to Uber's systems, including Duo, AWS, and Google Workspace.
Password attacks are one of the most prevalent causes of business and individual data breaches. Because passwords may only include a limited number of characters and digits, their security is diminishing. Poor password practices are also contributing to this issue.
In response, tech companies developed standards and solutions to replace passwords and other knowledge-based authentication techniques. Passkeys and biometric authentication are given more emphasis in cybersecurity this year.
A biometric multifactor authentication solution is a security method that uses people's unique biological traits to confirm identities. Biometric authentication systems compare the user's physical or behavioral characteristics to the biometric data of all registered individuals.
Apple, Microsoft, and Google (Alphabet) – three of the world's top technological corporations have committed to password-free programs and lauded FIDO2 standards that allow passkey technology.Apple Inc.also revealed at its Worldwide Developer Conference this summer, 2022, that it would deploy passwordless logins for all its devices.
As biometrics began to gain more traction, privacy and ethical biometrics arguments came to the forefront. For instance, ID.me, Clearview AI, and Onfido encountered legal and political issues due to their biometric data strategies.
The acts of these firms are attracting the attention of stakeholders and leading to the implementation of more ethical biometrics rules to protect rather than exploit customers. Ethical biometrics include explicit informed permission to use biometric data, bias-free biometrics based on skin tone, gender, or other traits, and an opt-in rather than an opt-out approach for biometrics usage.
Moreover, Zero Trust has been a cybersecurity subject for at least a decade. But rising circumvention of MFA, escalating supply chain and ransomware assaults, and the prevalence of remote workforces have pushed it back into the spotlight. As a result, the White House published an executive order proclaiming that the federal government wouldadopt a policy of Zero Trust. Several sectorsalso adopted the Zero Trust design, including financial services, healthcare, education, and others.
Continue reading the article below from authID to know the four security themes to keep in mind this cybersecurity awareness month.
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