Cybersecurity vendors have gone all-in on reducing the cloud attack surface, but efforts to shrink the SaaS and identity attack surface remain in their infancy. Vectra has leveraged its artificial intelligence expertise to help triage and automate the alert response process, CEO Hitesh Sheth says.
Cybercriminals exploited the verification process for Microsoft-certified authentication apps to obtain access to the inboxes of financial and marketing companies. Among the permissions threat actors sought were access to emails and calendars, says cybersecurity firm Proofpoint.
The guardrails organizations use to protect employee identities are often ineffective for contractors, business partners or vendors since they bring their own devices. Many businesses struggle to implement identity safeguards in a setting that's more heterogeneous and offers fewer controls.
Saviynt has brought founder and longtime leader Sachin Nayyar back as its chief executive to govern access around privileged, machine and third-party identities. Saviynt wants Nayyar to implement a strategy that incorporates everything from critical apps and cloud workloads to IoT devices and bots.
Tenable has debuted a $25 million corporate investment program to support prevention-focused startups focused on technologies such as cloud, OT and identity. The Baltimore-area exposure management vendor says Tenable Ventures plans to scour Israel and the United States for startups.
Payment regulations in Europe have forced retailers to implement strong authentication that's phishing-resistant and facilitates more customer understanding, says FIDO Alliance's Christina Hulka. This has spurred a push for clients to confirm what they're purchasing and how much they wish to spend.
OneSpan plans to purchase an Australian startup founded by a longtime Quest Software executive to securely store and vault documents based on blockchain technology. Melbourne, Victoria-based ProvenDB uses blockchain to deliver security that prevents data tampering and document alteration.
Privileged access management vendor Delinea has hired longtime RSA sales leader David Castignola to expand beyond North America as well as in nonregulated industries. Delinea hopes to increase sales beyond verticals such as financial services, banking, healthcare, insurance and the public sector.
The world's largest cybersecurity vendor continues to pull away from the competition. Microsoft's security sales surpassed $20 billion in 2022 after 33% annual growth. The cloud computing and software giant continues to reap the rewards of security tool consolidation.
PayPal is notifying 34,942 Americans that a hacker accessed their personal information during a two-day credential stuffing attack in early December. The San Jose, California-based company says it has not detected unauthorized transactions emanating from affected accounts.
Essential reading for network defenders: CircleCI's report into its recent breach, which began when malware infected an engineer's laptop. After stealing "a valid, 2FA-backed" single sign-on session cookie, attackers stole customers' secrets and gained unauthorized access to third-party systems.
Attackers have caught up with legacy multifactor authentication tools that use push technology or one-time passcodes, boosting the need for phishing-resistant MFA, says Jeremy Grant. In response, government officials such as CISA Director Jen Easterly have championed FIDO since it's mature and open.
Moving from certificate-based to FIDO authentication reduces overhead and complications for enterprises looking to move away from passwords, says Microsoft's Libby Brown. FIDO allows organizations to go passwordless by simply buying a FIDO key and turning it on in their Azure Active Directory.
Gen Digital, owner of the Norton LifeLock brand, is notifying more than 6,000 U.S. individuals that hackers might have the valid credentials for logging onto their Norton Password Manager after the company detected a credential stuffing attack in December.
Passwordless authentication will gain traction once it addresses edge cases such as logging into Netflix using a remote control, says Hypr CEO Bojan Simic. He shares how a QR code and a biometric identifier on a smartphone can transform the way someone accesses the Wi-Fi at a friend's house.