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Wanna know a secret? Whether you're logging into your bank, health insurance, or even your email, most services today do not live by passwords alone. Now commonplace, multifactor authentication (MFA) requires users to enter a second or third proof of identity. However, not all forms of MFA are created equal, and the one-time passwords orgs send to your phone have holes so big you could drive a truck through them.…

Insurance giant blames Infosys, LockBit claims credit Criminals have probably stolen nearly 30,000 Fidelity Investments Life Insurance customers' personal and financial information — including bank account and routing numbers, credit card numbers and security or access codes — after breaking into Infosys' IT systems in the fall.…

Insurance giant blames Infosys, LockBit claims credit Criminals have probably stolen nearly 30,000 Fidelity Investments Life Insurance customers' personal and financial information — including bank account and routing numbers, credit card numbers and security or access codes — after breaking into Infosys' IT systems in the fall.…

And that's not counting the incoming lawsuits. Thank goodness for insurance, eh? Rackspace's costs from last year's ransomware infection continue to mount: the cloud hosting biz told America's financial watchdog, the SEC, its total expenses to date regarding that cyberattack have now reached about $11 million.…

The Register 3 years, 9 months ago

Can IAM help save on cyber insurance?

Demonstrating a robust defense can help underwrite cyber risk for customers and providers, says One Identity Sponsored Feature Underwriters are continuing to feel the pinch as cyber insurance claims mount. That means customers are hurting too, with policies becoming more costly and insurers demanding more proof of cybersecurity. So how do organizations make better use of identity and access management to demonstrate their competency in protecting people's sensitive personal and financial data?…

Most organizations don’t have the financial resources necessary to address ransomware and other cyberattacks, BlackBerry says Black Hat Many organizations are increasingly unprepared to deal with the skyrocketing costs of a ransomware attacks, at a time when the number of incidents and the payments demanded by cybercriminals are rising rapidly.…