The U.S. Consumer Financial Protection Bureau is warning lenders they can be liable for data breaches for causing consumers "substantial injury." To avoid liability, the bureau recommends that banks implement multifactor authentication and especially Web Authentication.
Thales plans to enter the customer identity and access management market through its purchase of an emerging European CIAM player. The French firm plans to capitalize on OneWelcome's strong product by extending its footprint beyond Europe and into North America and Asia-Pacific.
Ping Identity is making a $50 million bet it can integrate cutting-edge technology into its own stack through a new in-house corporate venture fund to support identity and access management technology startups. "We want to have a nice overall corporate strategy portfolio," says Ping's Anton Papp.
Accelerated digital transformation has only complicated the identity verification challenge for enterprises. But Chuck Moore of Early Warning says behavioral analytics and anomaly detection combined can reduce both fraud and the friction that can come with traditional authentication methods.
The latest edition of the ISMG Security Report analyzes the latest cyberthreats to the energy sector as Russia's invasion of Ukraine continues. It also examines best practices for Customer Identity and Access Management and how healthcare institutions can sharpen their defense strategies.
Ditch the old “castle-and-moat” methods. Instead, focus on critical access points and assets, making sure each individual point is protected from a potential breach.
It can be complicated to know if your organization is implementing strong access governance partially, or even at all, so our checklist is here to help.
Download the checklist to learn:
If your organization is implementing strong access governance partially, or even at all
Best practices for implementing access...
Eva Velasquez, CEO of the Identity Theft Resource Center, shares six predictions for 2022 that show a shift from identity theft to identity fraud as cybercriminals continue to refine who they target, what information they steal and what they do with it.
OMB on Wednesday released a federal strategy to move the U.S. government toward mature zero trust architectures. White House officials say the new strategy - with a focus on MFA, asset inventories, traffic encryption, and more - is a key step in delivering on Biden's May 2021 executive order.
How do you identify a BIN - Bank Identity Number - attack, let alone stop it? Ernie Moran, senior vice president of risk at Brightwell Payments, shares his experience of how he managed a BIN attack on his firm.
In 2022, there will be a push for identity management capabilities that are behind the scenes and built into processes, says Peter Tapling, a board member on the U.S. Faster Payments Council.
New York State Attorney General Leticia James detailed a credential stuffing investigation that showed the compromise of 1.1 million user accounts linked to "well-known" retail operations. The 17 companies involved reportedly agreed to put new measures in place to mitigate cyber risks.
ISMG's global editorial team reflects on the top cybersecurity news and analysis from 2021 and looks ahead to the trends already shaping 2022. From ransomware to Log4j, here is a compilation of major news events, impacts and discussions with leading cybersecurity experts on what to expect in the new year.
On the cusp of 2022, John Kindervag - the father of the Zero Trust security model - reflects on how the Zero Trust dialogue has evolved in 2021 and makes his New Year's predictions. Will the president's executive order be an accelerator or an anchor? Which myths are ripe to be busted?
Jeremy Grant, coordinator of the Better Identity Coalition, joins three ISMG editors to discuss important cybersecurity issues, including how the Biden administration’s executive order will advance the identity cause, and whether we are any closer to finally abandoning the password.
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