Skip to content

Posts from the ‘Zero Trust Privilege’ Category

10 Predictions How AI Will Improve Cybersecurity In 2020

10 Predictions How AI Will Improve Cybersecurity In 2020

Capgemini predicts 63% of organizations are planning to deploy AI in 2020 to improve cybersecurity, with the most popular application being network security.

Cybersecurity is at an inflection point entering 2020. Advances in AI and machine learning are accelerating its technological progress. Real-time data and analytics are making it possible to build stronger business cases, driving higher adoption. Cybersecurity spending has rarely been linked to increasing revenues or reducing costs, but that’s about to change in 2020.

What Leading Cybersecurity Experts Are Predicting For 2020

Interested in what the leading cybersecurity experts are thinking will happen in 2020, I contacted five of them. Experts I spoke with include Nicko van Someren, Ph.D. and Chief Technology Officer at Absolute Software; Dr. Torsten George, Cybersecurity Evangelist at Centrify; Craig Sanderson, Vice President of Security Products at Infoblox; Josh Johnston, Director of AI, Kount; and Brian Foster, Senior Vice President Product Management at MobileIron. Each of them brings a knowledgeable, insightful, and unique perspective to how AI and machine learning will improve cybersecurity in 2020. The following are their ten predictions:

  1. AI and machine learning will continue to enable asset management improvements that also deliver exponential gains in IT security by providing greater endpoint resiliency in 2020. Nicko van Someren, Ph.D. and Chief Technology Officer at Absolute Software, observes that “Keeping machines up to date is an IT management job, but it’s a security outcome. Knowing what devices should be on my network is an IT management problem, but it has a security outcome. And knowing what’s going on and what processes are running and what’s consuming network bandwidth is an IT management problem, but it’s a security outcome. I don’t see these as distinct activities so much as seeing them as multiple facets of the same problem space, accelerating in 2020 as more enterprises choose greater resiliency to secure endpoints.”
  2. AI tools will continue to improve at drawing on data sets of wildly different types, allowing the “bigger picture” to be put together from, say, static configuration data, historic local logs, global threat landscapes, and contemporaneous event streams.  Nicko van Someren, Ph.D., and CTO at Absolute Software also predict that“Enterprise executives will be concentrating their budgets and time on detecting cyber threats using AI above predicting and responding. As enterprises mature in their use and adoption of AI as part of their cybersecurity efforts, prediction and response will correspondingly increase.”
  3. Threat actors will increase the use of AI to analyze defense mechanisms and simulate behavioral patterns to bypass security controls, leveraging analytics to and machine learning to hack into organizations. Dr. Torsten George, Cybersecurity Evangelist at Centrify, predicts that “threat actors, many of them state-sponsored, will increase their use and sophistication of AI algorithms to analyze organizations’’ defense mechanisms and tailor attacks to specific weak areas. He also sees the threat of bad actors being able to plug into the data streams of organizations and use the data to further orchestrate sophisticated attacks.”
  4. Given the severe shortage of experienced security operations resources and the sheer volume of data that most organizations are trying to work through, we are likely to see organizations seeking out AI/ML capabilities to automate their security operations processes. Craig Sanderson, Vice President of Security Products at Infoblox also predicts that “while AI and machine learning will increasingly be used to detect new threats it still leaves organizations with the task of understanding the scope, severity, and veracity of that threat to inform an effective response. As security operations becomes a big data problem it necessitates big data solutions.”
  5. There’s going to be a greater need for adversarial machine learning to combat supply chain corruption in 2020. Sean Tierney, Director of Threat Intelligence at Infoblox, predicts that “the need for adversarial machine learning to combat supply chain corruption is going to increase in 2020. Sean predicts that the big problem with remote coworking spaces is determining who has access to what data. As a result, AI will become more prevalent in traditional business processes and be used to identify if a supply chain has been corrupted.”
  6. Artificial intelligence will become more prevalent in account takeover—both the proliferation and prevention of it. Josh Johnston, Director of AI at Kount, predicts that “the average consumer will realize that passwords are not providing enough account protection and that every account they have is vulnerable. Captcha won’t be reliable either, because while it can tell if someone is a bot, it can’t confirm that the person attempting to log in is the account holder. AI can recognize a returning user. AI will be key in protecting the entire customer journey, from account creation to account takeover, to a payment transaction. And, AI will allow businesses to establish a relationship with their account holders that are protected by more than just a password.”
  7. Consumers will take greater control of their data sharing and privacy in 2020. Brian Foster, Senior Vice President Product Management at MobileIron, observes that over the past few years, we’ve witnessed some of the biggest privacy and data breaches. As a result of the backlash, tech giants such as Apple, Google, Facebook and Amazon beefed up their privacy controls to gain back trust from customers. Now, the tables have turned in favor of consumers and companies will have to put privacy first to stay in business. Moving forward, consumers will own their data, which means they will be able to selectively share it with third parties, but most importantly, they will get their data back after sharing, unlike in years past.
  8. As cybersecurity threats evolve, we’ll fight AI with AI. Brian Foster, Senior Vice President Product Management at MobileIron, notes that the most successful cyberattacks are executed by highly professional criminal networks that leverage AI and ML to exploit vulnerabilities such as user behavior or security gaps to gain access to valuable business systems and data. All of this makes it extremely hard for IT security organizations to keep up — much less stay ahead of these threats. While an attacker only needs to find one open door in an enterprise’s security, the enterprise must race to lock all of the doors. AI conducts this at a pace and thoroughness human ability can no longer compete with, and businesses will finally take notice in 2020.
  9. AI and machine learning will thwart compromised hardware finding its way into organizations’ supply chains. Rising demand for electronic components will expand the market for counterfeit components and cloned products, increasing the threat of compromised hardware finding its way into organizations’ supply chains. The vectors for hardware supply-chain attacks are expanding as market demand for more and cheaper chips, and components drive a booming business for hardware counterfeiters and cloners. This expansion is likely to create greater opportunities for compromise by both nation-state and cybercriminal threat actors. Source: 2020 Cybersecurity Threats Trends Outlook; Booz, Allen, Hamilton, 2019.
  10. Capgemini predicts 63% of organizations are planning to deploy AI in 2020 to improve cybersecurity, with the most popular application being network security. Capgemini found that nearly one in five organizations were using AI to improve cybersecurity before 2019. In addition to network security, data security, endpoint security, and identity and access management are the highest priority use cases for improving cybersecurity with AI in enterprises today. Source: Capgemini, Reinventing Cybersecurity with Artificial Intelligence: The new frontier in digital security.
10 Predictions How AI Will Improve Cybersecurity In 2020

Source: Capgemini, Reinventing Cybersecurity with Artificial Intelligence: The new frontier in digital security.

How To Excel At Secured Cloud Migrations With A Shared Responsibility Model

How To Excel At Secured Cloud Migrations With A Shared Responsibility Model

  • 60% of security and IT professionals state that security is the leading challenge with cloud migrations, despite not being clear about who is responsible for securing cloud environments.
  • 71% understand that controlling privileged access to cloud service administrative accounts is a critical concern, yet only 53% cite secure access to cloud workloads as a key objective of their cloud Privileged Access Management (PAM) strategies.

These and many other fascinating insights are from the recent Centrify survey, Reducing Risk in Cloud Migrations: Controlling Privileged Access to Hybrid and Multi-Cloud Environments, downloadable here. The survey is based on a survey of over 700 respondents from the United States, Canada, and the UK from over 50 vertical markets, with technology (21%), finance (14%), education (10%), government (10%) and healthcare (9%) being the top five. For additional details on the methodology, please see page 14 of the study.

What makes this study noteworthy is how it provides a candid, honest assessment of how enterprises can make cloud migrations more secure by a better understanding of who is responsible for securing privileged access to cloud administrative accounts and workloads.

Key insights from the study include the following:

  • Improved speed of IT services delivery (65%) and lowered total cost of ownership (54%) are the two top factors driving cloud migrations today. Additional factors include greater flexibility in responding to market changes (40%), outsourcing IT functions that don’t create competitive differentiation (22%), and increased competitiveness (17%). Reducing time-to-market for new systems and applications is one of the primary catalysts driving cloud migrations today, making it imperative for every organization to build security policies and systems into their cloud initiatives.

How To Excel At Secured Cloud Migrations With A Shared Responsibility Model

 

  • Security is the greatest challenge to cloud migration by a wide margin. 60% of organizations define security as the most significant challenge they face with cloud migrations today. One in three sees the cost of migration (35%) and lack of expertise (30%) being the second and third greatest impediments to cloud migration project succeeding. Organizations are facing constant financial and time constraints to achieve cloud migrations on schedule to support time-to-market initiatives. No organization can afford the lost time and expense of an attempted or successful breach impeding cloud migration progress.

How To Excel At Secured Cloud Migrations With A Shared Responsibility Model

  • 71% of organizations are implementing privileged access controls to manage their cloud services. However, as the privilege becomes more task-, role-, or access-specific, there is a diminishing interest of securing these levels of privileged access as a goal, evidenced by only 53% of organizations securing access to the workloads and containers they have moved to the cloud. The following graphic reflects the results.

How To Excel At Secured Cloud Migrations With A Shared Responsibility Model

 

  • An alarmingly high 60% of organizations incorrectly view the cloud provider as being responsible for securing privileged access to cloud workloads. It’s shocking how many customers of AWS and other public cloud providers are falling for the myth that cloud service providers can completely protect their customized, highly individualized cloud instances. The native Identity and Access Management (IAM) capabilities offered by AWS, Microsoft Azure, Google Cloud, and others provide enough functionality to help an organization get up and running to control access in their respective homogeneous cloud environments. Often they lack the scale to adequately address the more challenging, complex areas of IAM and Privileged Access Management (PAM) in hybrid or multi-cloud environments, however. For an expanded discussion of the Shared Responsibility Model, please see The Truth About Privileged Access Security On AWS and Other Public Clouds. The following is a graphic from the survey and Amazon Web Services’ interpretation of the Shared Responsibility Model.

How To Excel At Secured Cloud Migrations With A Shared Responsibility Model

 

  • Implementing a common security model in the cloud, on-premises, and in hybrid environments is the most proven approach to making cloud migrations more secure. Migrating cloud instances securely needs to start with Multi-Factor Authentication (MFA), deploying a common privileged access security model equivalent to on-premises and cloud systems, and utilizing enterprise directory accounts for privileged access. These three initial steps set the foundation for implementing least privilege access. It’s been a major challenge for organizations to do this, particularly in cloud environments, as 68% are not eliminating local privilege accounts in favor of federated access controls and are still using root accounts outside of “break glass” scenarios. Even more concerning, 57% are not implementing least privilege access to limit lateral movement and enforce just-enough, just-in-time-access.

How To Excel At Secured Cloud Migrations With A Shared Responsibility Model

  • When it comes to securing access to cloud environments, organizations don’t have to re-invent the wheel. Best practices from securing on-premises data centers and workloads can often be successful in securing privileged access in cloud and hybrid environments as well.

Conclusion

The study provides four key takeaways for anyone working to make cloud migrations more secure. First, all organizations need to understand that privileged access to cloud environments is your responsibility, not your cloud providers’. Second, adopt a modern approach to Privileged Access Management that enforces least privilege, prioritizing “just enough, just-in-time” access. Third, employ a common security model across on-premises, cloud, and hybrid environments. Fourth and most important, modernize your security approach by considering how cloud-based PAM systems can help to make cloud migrations more secure.

7 Signs It’s Time To Get Focused On Zero Trust

7 Signs It’s Time To Get Focused On Zero Trust

When an experienced hacker can gain access to a company’s accounting and financial systems in 7 minutes or less after obtaining privileged access credentials, according to Ponemon, it’s time to get focused on Zero Trust Security. 2019 is on its way to being a record year for ransomware attacks, which grew 118% in Q1 of this year alone, according to McAfee Labs Threat Report. Data breaches on healthcare providers reached an all-time high in July of this year driven by the demand for healthcare records that range in price from $250 to over $1,000 becoming best-sellers on the Dark Web. Cybercriminals are using AI, bots, machine learning, and social engineering techniques as part of sophisticated, well-orchestrated strategies to gain access to banking, financial services, healthcare systems, and many other industries’ systems today.

Enterprises Need Greater Urgency Around Zero Trust

The escalating severity of cyberattacks and their success rates are proving that traditional approaches to cybersecurity based on “trust but verify” aren’t working anymore. What’s needed is more of a Zero Trust-based approach to managing every aspect of cybersecurity. By definition, Zero Trust is predicated on a “never trust, always verify” approach to access, from inside or outside the network. Enterprises need to begin with a Zero Trust Privilege-based strategy that verifies who is requesting access, the context of the request, and the risk of the access environment.

How urgent is it for enterprises to adopt Zero Trust? A recent survey of 2,000 full-time UK workers, completed by Censuswide in collaboration with Centrify, provides seven signs it’s time for enterprises to get a greater sense of urgency regarding their Zero Trust frameworks and initiatives. The seven signs are as follows:

  1. 77% of organizations’ workers admit that they have never received any form of cybersecurity skills training from their employer. In this day and age, it’s mind-blowing that three of every four organizations aren’t providing at least basic cybersecurity training, whether they intend to adopt Zero Trust or not. It’s like freely handing out driver’s licenses to anyone who wants one so they can drive the freeways of Los Angeles or San Francisco. The greater the training, the safer the driver. Likewise, the greater the cybersecurity training, the safer the worker, company and customers they serve.
  2. 69% of employees doubt the cybersecurity processes in place in their organizations today. When the majority of employees don’t trust the security processes in place in an organization, they invent their own, often bringing their favorite security solutions into an enterprise. Shadow IT proliferates, productivity often slows down, and enterprise is more at risk of a breach than ever before. When there’s no governance or structure to managing data, cybercriminals flourish.
  3. 63% of British workers interviewed do not realize that unauthorized access to an email account without the owner’s permission is a criminal offense. It’s astounding that nearly two-thirds of the workers in an organization aren’t aware that unauthorized access to another person’s email account without their permission is a crime. The UK passed into law 30 years ago the Computer Misuse Act. The law was created to protect individuals’ and organizations’ electronic data. The Act makes it a crime to access or modify data stored on a computer without authorization to do so. The penalties are steep for anyone found guilty of gaining access to a computer without permission, starting with up to two years in prison and a £5,000 fine. It’s alarming how high the lack of awareness is of this law, and an urgent call to action to prioritize organization-wide cybersecurity training.
  4. 27% of workers use the same password for multiple accounts. The Consensus survey finds that workers are using identical passwords for their work systems, social media accounts, and both personal and professional e-mail accounts. Cybersecurity training can help reduce this practice, but Zero Trust is badly needed to protect privileged access credentials that may have identical passwords to someone’s Facebook account, for example.
  5. 14% of employees admitted to keeping their passwords recorded in an unsecured handwritten notebook or on their desk in the office.  Organizations need to make it as difficult as possible for bad actors and cybercriminals to gain access to passwords instead of sharing them in handwritten notebooks and on Post-It notes. Any organization with this problem needs to immediately adopt Multi-Factor Authentication (MFA) as an additional security measure to ensure compromised passwords don’t lead to unauthorized access. For privileged accounts, use a password vault, which can make handwritten password notes (and shared passwords altogether) obsolete.
  6. 14% do not use multi-factor authentication for apps or services unless forced to do so. Centrify also found that 58% of organizations do not use Multi-Factor Authentication (MFA) for privileged administrative access to servers, leaving their IT systems and infrastructure unsecured. Not securing privileged access credentials with MFA or, at the very least, vaulting them is like handing the keys to the kingdom to cybercriminals going after privileged account access. Securing privileged credentials needs to begin with a Zero Trust-based approach that verifies who is requesting access, the context of the request, and the risk of the access environment.
  7. 1 out of every 25 employees hacks into a colleague’s email account without permission. In the UK, this would be considered a violation of the Computer Misuse Act, which has some unfortunate outcomes for those found guilty of violating it. The Censuswide survey also found that one in 20 workers have logged into friend’s Facebook accounts without permission. If you work in an organization of over 1,000 people, for example, 40 people in your company have most likely hacked into a colleague’s email account, opening up your entire company to legal liability.

Conclusion

Leaving cybersecurity to chance and hoping employees will do the right thing isn’t a strategy; it’s an open invitation to get hacked. The Censuswide survey and many others like it reflect a fundamental truth that cybersecurity needs to become part of the muscle memory of any organization to be effective. As traditional IT network perimeters dissolve, enterprises need to replace “trust but verify” with a Zero Trust-based framework. Zero Trust Privilege mandates a “never trust, always verify, enforce least privilege” approach to privileged access, from inside or outside the network. Leaders in this area include Centrify, who combines password vaulting with brokering of identities, multi-factor authentication enforcement, and “just enough” privilege, all while securing remote access and monitoring of all privileged sessions.

Three Reasons Why Killing Passwords Improves Your Cloud Security

Jack Dorsey’s Twitter account getting hacked by having his telephone number transferred to another account without his knowledge is a wake-up call to everyone of how vulnerable mobile devices are. The hackers relied on SIM swapping and convincing Dorsey’s telecom provider to bypass requiring a passcode to modify his account. With the telephone number transferred, the hackers accessed the Twitter founder’s account. If the telecom provider had adopted zero trust at the customer’s mobile device level, the hack would have never happened.

Cloud Security’s Weakest Link Is Mobile Device Passwords

The Twitter CEO’s account getting hacked is the latest in a series of incidents that reflect how easy it is for hackers to gain access to cloud-based enterprise networks using mobile devices. Verizon’s Mobile Security Index 2019 revealed that the majority of enterprises, 67%, are the least confident in the security of their mobile assets than any other device. Mobile devices are one of the most porous threat surfaces a business has. They’re also the fastest-growing threat surface, as every employee now relies on their smartphones as their ID. IDG’s recent survey completed in collaboration with MobileIron, titled Say Goodbye to Passwords found that 89% of security leaders believe that mobile devices will soon serve as your digital ID to access enterprise services and data.

Because they’re porous, proliferating and turning into primary forms of digital IDs, mobile devices and their passwords are a favorite onramp for hackers wanting access to companies’ systems and data in the cloud. It’s time to kill passwords and shut down the many breach attempts aimed at cloud platforms and the valuable data they contain.

Three Reasons Why Killing Passwords Improves Your Cloud Security

Killing passwords improve cloud security by:

  1. Eliminating privileged access credential abuse. Privileged access credentials are best sellers on the Dark Web, where hackers bid for credentials to the world’s leading banking, credit card, and financial management systems. Forrester estimates that 80% of data breaches involve compromised privileged credentials, and a recent survey by Centrify found that 74% of all breaches involved privileged access abuse. Killing passwords shuts down the most common technique hackers use to access cloud systems.
  2. Eliminating the threat of unauthorized mobile devices accessing business cloud services and exfiltrating data. Acquiring privileged access credentials and launching breach attempts from mobile devices is the most common hacker strategy today. By killing passwords and replacing them with a zero-trust framework, breach attempts launched from any mobile device using pirated privileged access credentials can be thwarted. Leaders in the area of mobile-centric zero trust security include MobileIron, whose innovative approach to zero sign-on solves the problems of passwords at scale. When every mobile device is secured through a zero-trust platform built on a foundation of unified endpoint management (UEM) capabilities, zero sign-on from managed and unmanaged services become achievable for the first time.
  3. Giving organizations the freedom to take a least-privilege approach to grant access to their most valuable cloud applications and platforms. Identities are the new security perimeter, and mobile devices are their fastest-growing threat surface. Long-standing traditional approaches to network security, including “trust but verify” have proven ineffective in stopping breaches. They’ve also shown a lack of scale when it comes to protecting a perimeter-less enterprise. What’s needed is a zero-trust network that validates each mobile device, establishes user context, checks app authorization, verifies the network, and detects and remediates threats before granting secure access to any device or user. If Jack Dorsey’s telecom provider had this in place, his and thousands of other people’s telephone numbers would be safe today.

Conclusion

The sooner organizations move away from being so dependent on passwords, the better. The three reasons why killing passwords improve cloud security are just the beginning. Imagine how much more effective distributed DevOps teams will be when security isn’t a headache for them anymore, and they can get to the cloud-based resources they need to get apps built. And with more organizations adopting a mobile-first development strategy, it makes sense to have a mobile-centric zero-trust network engrained in key steps of the DevOps process. That’s the future of cloud security, starting with the DevOps teams creating the next generation of apps today.

Why Manufacturing Supply Chains Need Zero Trust

  • According to the 2019 Verizon Data Breach Investigation Report, manufacturing has been experiencing an increase in financially motivated breaches in the past couple of years, whereby most breaches involve Phishing and the use of stolen credentials.
  • 50% of manufacturers report experiencing a breach over the last 12 months, 11% of which were severe according to Sikich’s 5th Manufacturing and Distribution Survey, 2019.
  • Manufacturing’s most commonly data compromised includes credentials (49%), internal operations data (41%), and company secrets (36%) according to the 2019 Verizon Data Breach Investigation Report.
  • Manufacturers’ supply chains and logistics partners targeted by ransomware which have either had to cease operations temporarily to restore operations from backup or have chosen to pay the ransom include Aebi SchmidtASCO Industries, and COSCO Shipping Lines.

Small Suppliers Are A Favorite Target, Ask A.P. Møller-Maersk

Supply chains are renowned for how unsecured and porous they are multiple layers deep. That’s because manufacturers often only password-protect administrator access privileges for trusted versus untrusted domains at the operating system level of Windows NT Server, haven’t implemented multi-factor authentication (MFA), and apply a trust but verify mindset only for their top suppliers. Many manufacturers don’t define, and much less enforce, supplier security past the first tier of their supply chains, leaving the most vulnerable attack vectors unprotected.

It’s the smaller suppliers that hackers exploit to bring down many of the world’s largest manufacturing companies. An example of this is how an accounting software package from a small supplier, Linkos Group, was infected with a powerful ransomware agent, NotPetya, bringing one of the world’s leading shipping providers,  A.P. Møller-Maersk, to a standstill. Linkos’ Group accounting software was first installed in the A.P. Møller-Maersk offices in Ukraine. The NotPetya ransomware was able to take control of the local office servers then propagate itself across the entire A.P. Møller-Maersk network. A.P. Møller-Maersk had to reinstall their 4,000 servers, 45,000 PCs, and 2500 applications, and the damages were between $250M to $300M. Security experts consider the ransomware attack on A.P. Møller-Maersk to be one of the most devastating cybersecurity attacks in history. The Ukraine-based group of hackers succeeded in using an accounting software update from one of A.P. Møller-Maersk’s smallest suppliers to bring down one of the world’s largest shipping networks. My recent post, How To Deal With Ransomware In A Zero Trust World explains how taking a Zero Trust Privilege approach minimizes the risk of falling victim to ransomware attacks. Ultimately, treating identity as the new security perimeter needs to be how supply chains are secured. The following geographical analysis of the attack was provided by CargoSmart, showing how quickly NotPetya ransomware can spread through a global network:

CargoSmart provided a Vessel Monitoring Dashboard to monitor vessels during this time of recovery from the cyber attack.

Supply Chains Need To Treat Every Supplier In Their Network As A New Security Perimeter

The more integrated a supply chain, the more the potential for breaches and ransomware attacks. And in supply chains that rely on privileged access credentials, it’s a certainty that hackers outside the organization and even those inside will use compromised credentials for financial gain or disrupt operations. Treating every supplier and their integration points in the network as a new security perimeter is critical if manufacturers want to be able to maintain operations in an era of accelerating cybersecurity threats.

Taking a Zero Trust Privilege approach to securing privileged access credentials will help alleviate the leading cause of breaches in manufacturing today, which is privileged access abuse. By taking a “never trust, always verify, and enforce least privilege” approach, manufacturers can protect the “keys to the kingdom,” which are the credentials hackers exploit to take control over an entire supply chain network.

Instead of relying on trust but verify or trusted versus untrusted domains at the operating system level, manufacturers need to have a consistent security strategy that scales from their largest to smallest suppliers. Zero Trust Privilege could have saved A.P. Møller-Maersk from being crippled by a ransomware attack by making it a prerequisite that every supplier must have ZTP-based security guardrails in place to do business with them.

Conclusion

Among the most porous and easily compromised areas of manufacturing, supply chains are the lifeblood of any production business, yet also the most vulnerable. As hackers become more brazen in their ransomware attempts with manufacturers and privileged access credentials are increasingly sold on the Dark Web, manufacturers need a sense of urgency to combat these threats. Taking a Zero Trust approach to securing their supply chains and operations, helps manufacturers to implement least privilege access based on verifying who is requesting access, the context of the request, and the risk of the access environment. By implementing least privilege access, manufacturers can minimize the attack surface, improve audit and compliance visibility, and reduce risk, complexity, and costs for the modern, hybrid manufacturing enterprise.

The Truth About Privileged Access Security On AWS And Other Public Clouds

 

Bottom Line: Amazon’s Identity and Access Management (IAM) centralizes identity roles, policies and Config Rules yet doesn’t go far enough to provide a Zero Trust-based approach to Privileged Access Management (PAM) that enterprises need today.

AWS provides a baseline level of support for Identity and Access Management at no charge as part of their AWS instances, as do other public cloud providers. Designed to provide customers with the essentials to support IAM, the free version often doesn’t go far enough to support PAM at the enterprise level. To AWS’s credit, they continue to invest in IAM features while fine-tuning how Config Rules in their IAM can create alerts using AWS Lambda. AWS’s native IAM can also integrate at the API level to HR systems and corporate directories, and suspend users who violate access privileges.

In short, native IAM capabilities offered by AWS, Microsoft Azure, Google Cloud, and more provides enough functionality to help an organization get up and running to control access in their respective homogeneous cloud environments. Often they lack the scale to fully address the more challenging, complex areas of IAM and PAM in hybrid or multi-cloud environments.

The Truth about Privileged Access Security on Cloud Providers Like AWS

The essence of the Shared Responsibility Model is assigning responsibility for the security of the cloud itself including the infrastructure, hardware, software, and facilities to AWS and assign the securing of operating systems, platforms, and data to customers. The AWS version of the Shared Responsibility Model, shown below, illustrates how Amazon has defined securing the data itself, management of the platform, applications and how they’re accessed, and various configurations as the customers’ responsibility:

AWS provides basic IAM support that protects its customers against privileged credential abuse in a homogenous AWS-only environment. Forrester estimates that 80% of data breaches involve compromised privileged credentials, and a recent survey by Centrify found that 74% of all breaches involved privileged access abuse.

The following are the four truths about privileged access security on AWS (and, generally, other public cloud providers):

  1. Customers of AWS and other public cloud providers should not fall for the myth that cloud service providers can completely protect their customized and highly individualized cloud instances. As the Shared Responsibility Model above illustrates, AWS secures the core areas of their cloud platform, including infrastructure and hosting services. AWS customers are responsible for securing operating systems, platforms, and data and most importantly, privileged access credentials. Organizations need to consider the Shared Responsibility Model the starting point on creating an enterprise-wide security strategy with a Zero Trust Security framework being the long-term goal. AWS’s IAM is an interim solution to the long-term challenge of achieving Zero Trust Privilege across an enterprise ecosystem that is going to become more hybrid or multi-cloud as time goes on.
  2. Despite what many AWS integrators say, adopting a new cloud platform doesn’t require a new Privileged Access Security model. Many organizations who have adopted AWS and other cloud platforms are using the same Privileged Access Security Model they have in place for their existing on-premises systems. The truth is the same Privileged Access Security Model can be used for on-premises and IaaS implementations. Even AWS itself has stated that conventional security and compliance concepts still apply in the cloud. For an overview of the most valuable best practices for securing AWS instances, please see my previous post, 6 Best Practices For Increasing Security In AWS In A Zero Trust World.
  3. Hybrid cloud architectures that include AWS instances don’t need an entirely new identity infrastructure and can rely on advanced technologies, including Multi-Directory Brokering. Creating duplicate identities increases cost, risk, and overhead and the burden of requiring additional licenses. Existing directories (such as Active Directory) can be extended through various deployment options, each with their strengths and weaknesses. Centrify, for example, offers Multi-Directory Brokering to use whatever preferred directory already exists in an organization to authenticate users in hybrid and multi-cloud environments. And while AWS provides key pairs for access to Amazon Elastic Compute Cloud (Amazon EC2) instances, their security best practices recommend a holistic approach should be used across on-premises and multi-cloud environments, including Active Directory or LDAP in the security architecture.
  4. It’s possible to scale existing Privileged Access Management systems in use for on-premises systems today to hybrid cloud platforms that include AWS, Google Cloud, Microsoft Azure, and other platforms. There’s a tendency on the part of system integrators specializing in cloud security to oversell cloud service providers’ native IAM and PAM capabilities, saying that a hybrid cloud strategy requires separate systems. Look for system integrators and experienced security solutions providers who can use a common security model already in place to move workloads to new AWS instances.

Conclusion

The truth is that Identity and Access Management solutions built into public cloud offerings such as AWS, Microsoft Azure, and Google Cloud are stop-gap solutions to a long-term security challenge many organizations are facing today. Instead of relying only on a public cloud provider’s IAM and security solutions, every organization’s cloud security goals need to include a holistic approach to identity and access management and not create silos for each cloud environment they are using. While AWS continues to invest in their IAM solution, organizations need to prioritize protecting their privileged access credentials – the “keys to the kingdom” – that if ever compromised would allow hackers to walk in the front door of the most valuable systems an organization has. The four truths defined in this article are essential for building a Zero Trust roadmap for any organization that will scale with them as they grow. By taking a “never trust, always verify, enforce least privilege” strategy when it comes to their hybrid- and multi-cloud strategies, organizations can alleviate costly breaches that harm the long-term operations of any business.

Your Mobile Phone Is Your Identity. How Do You Protect It?

 The average cost of a data breach has risen 12% over the past 5 years and is now $3.92M. U.S.-based breaches average $8.19M in losses, leading all nations. Not integrating mobile phone platforms and protecting them with a Zero Trust Security framework can add up to $240K to the cost of a breach. Companies that fully deploy security automation technologies experience around half the cost of a breach ($2.65M on average) compared to those that do not deploy these technologies ($5.16M on average). These and many other fascinating insights are from the 14th annual IBM Security Cost of a Data Breach Report, 2019. IBM is making a copy of the report available here for download (76 pp., PDF, opt-in). IBM and Ponemon Institute collaborated on the report, recruiting 507 organizations that have experienced a breach in the last year and interviewing more than 3,211 individuals who are knowledgeable about the data breach incident in their organizations. A total of 16 countries and 17 industries were included in the scope of the study. For additional details regarding the methodology, please see pages 71 - 75 of the report. Key insights from the report include the following: Lost business costs are 36.2% of the total cost of an average breach, making it the single largest loss component of all. Detection and escalation costs are second at 31.1%, as it can take up to 206 days to first identify a breach after it occurs and an additional 73 days to contain the breach. IBM found the average breach lasts 279 days. Breaches take a heavy toll on the time resources of any organization as well, eating up 76% of an entire year before being discovered and contained. U.S.-based breaches average $8.19M in losses, leading all nations with the highest country average. The cost of U.S.-based breaches far outdistance all other countries and regions of the world due to the value and volume of data exfiltrated from enterprise IT systems based in North America. North American enterprises are also often the most likely to rely on mobile devices to enable greater communication and collaboration, further exposing that threat surface. The Middle East has the second-highest average breach loss of $5.97M. In contrast, Indian and Brazilian organizations had the lowest total average cost at $1.83M and $1.35M, respectively. Data breach costs increase quickly in integration-intensive corporate IT environments, especially where there is a proliferation of disconnected mobile platforms. The study found the highest contributing costs associated with a data breach are caused by third parties, compliance failures, extensive cloud migration, system complexity, and extensive IoT, mobile and OT environments. This reinforces that organizations need to adopt a Zero Trust Security (ZTS) framework to secure the multiple endpoints, apps, networks, clouds, and operating systems across perimeter-less enterprises. Mobile devices are enterprises’ fasting growing threat surfaces, making them one of the highest priorities for implementing ZTS frameworks. Companies to watch in this area include MobileIron, which has created a mobile-centric, zero-trust enterprise security framework. The framework is built on the foundation of unified endpoint management (UEM) and additional zero trust-enabling technologies, including zero sign-on (ZSO), multi-factor authentication (MFA), and mobile threat detection (MTD). This approach to securing access and protect data across the perimeter-less enterprise is helping to alleviate the high cost of data breaches, as shown in the graphic below. Accidental, inadvertent breaches from human error and system glitches are still the root cause for nearly half (49%) of the data breaches. And phishing attacks on mobile devices that are lost, stolen or comprised in workplaces are a leading cause of breaches due to human error. While less expensive than malicious attacks, which cost an average of $4.45M, system glitches and human error still result in costly breaches, with an average loss of $3.24M and $3.5M respectively. To establish complete control over data, wherever it lives, organizations need to adopt Zero Trust Security (ZTS) frameworks that are determined by “never trust, always verify.”. For example, MobileIron’s mobile-centric zero-trust approach validates the device, establishes user context, checks app authorization, verifies the network, and detects and remediates threats before granting secure access to a device or user. This zero-trust security framework is designed to stop accidental, inadvertent and maliciously-driven, intentional breaches. The following graphic compares the total cost for three data breach root causes: Conclusion Lost business is the single largest cost component of any breach, and it takes years to fully recover from one. IBM found that 67% of the costs of a breach accrue in the first year, 22% accrue in the second year and 11% in the third. The more regulated a company’s business, the longer a breach will accrue costs and impact operations. Compounding this is the need for a more Zero Trust-based approach to securing every endpoint across an organization. Not integrating mobile phone platforms and protecting them with a Zero Trust Security (ZTS) framework can add up to $240K to the cost of a breach. Companies working to bridge the gap between the need for securing mobile devices with ZTS frameworks include MobileIron, which has created a mobile-centric, zero-trust enterprise security framework. There’s a significant amount of innovation happening with Identity Access Management that thwarts privileged account abuse, which is the leading cause of breaches today. Centrify’s most recent survey, Privileged Access Management in the Modern Threatscape, found that 74% of all breaches involved access to a privileged account. Privileged access credentials are hackers’ most popular technique for initiating a breach to exfiltrate valuable data from enterprise systems and sell it on the Dark Web.

  • The average cost of a data breach has risen 12% over the past 5 years and is now $3.92M.
  • U.S.-based breaches average $8.19M in losses, leading all nations.
  • Not integrating mobile phone platforms and protecting them with a Zero Trust Security framework can add up to $240K to the cost of a breach.
  • Companies that fully deploy security automation technologies experience around half the cost of a breach ($2.65M on average) compared to those that do not deploy these technologies ($5.16M on average).

These and many other fascinating insights are from the 14th annual IBM Security Cost of a Data Breach Report, 2019. IBM is making a copy of the report available here for download (76 pp., PDF, opt-in). IBM and Ponemon Institute collaborated on the report, recruiting 507 organizations that have experienced a breach in the last year and interviewing more than 3,211 individuals who are knowledgeable about the data breach incident in their organizations. A total of 16 countries and 17 industries were included in the scope of the study. For additional details regarding the methodology, please see pages 71 – 75 of the report.

Key insights from the report include the following:

  • Lost business costs are 36.2% of the total cost of an average breach, making it the single largest loss component of all. Detection and escalation costs are second at 31.1%, as it can take up to 206 days to first identify a breach after it occurs and an additional 73 days to contain the breach. IBM found the average breach lasts 279 days. Breaches take a heavy toll on the time resources of any organization as well, eating up 76% of an entire year before being discovered and contained.

  • U.S.-based breaches average $8.19M in losses, leading all nations with the highest country average. The cost of U.S.-based breaches far outdistance all other countries and regions of the world due to the value and volume of data exfiltrated from enterprise IT systems based in North America. North American enterprises are also often the most likely to rely on mobile devices to enable greater communication and collaboration, further exposing that threat surface. The Middle East has the second-highest average breach loss of $5.97M. In contrast, Indian and Brazilian organizations had the lowest total average cost at $1.83M and $1.35M, respectively.

  • Data breach costs increase quickly in integration-intensive corporate IT environments, especially where there is a proliferation of disconnected mobile platforms. The study found the highest contributing costs associated with a data breach are caused by third parties, compliance failures, extensive cloud migration, system complexity, and extensive IoT, mobile and OT environments. This reinforces that organizations need to adopt a Zero Trust Security (ZTS) framework to secure the multiple endpoints, apps, networks, clouds, and operating systems across perimeter-less enterprises. Mobile devices are enterprises’ fasting growing threat surfaces, making them one of the highest priorities for implementing ZTS frameworks. Companies to watch in this area include MobileIron, which has created a mobile-centric, zero-trust enterprise security framework. The framework is built on the foundation of unified endpoint management (UEM) and additional zero trust-enabling technologies, including zero sign-on (ZSO), multi-factor authentication (MFA), and mobile threat detection (MTD). This approach to securing access and protect data across the perimeter-less enterprise is helping to alleviate the high cost of data breaches, as shown in the graphic below.

  • Accidental, inadvertent breaches from human error and system glitches are still the root cause for nearly half (49%) of the data breaches. And phishing attacks on mobile devices that are lost, stolen or comprised in workplaces are a leading cause of breaches due to human error. While less expensive than malicious attacks, which cost an average of $4.45M, system glitches and the human error still result in costly breaches, with an average loss of $3.24M and $3.5M respectively. To establish complete control over data, wherever it lives, organizations need to adopt Zero Trust Security (ZTS) frameworks that are determined by “never trust, always verify.”. For example, MobileIron’s mobile-centric zero-trust approach validates the device, establishes user context, checks app authorization, verifies the network, and detects and remediates threats before granting secure access to a device or user. This zero-trust security framework is designed to stop accidental, inadvertent and maliciously-driven, intentional breaches. The following graphic compares the total cost for three data breach root causes:

Conclusion

Lost business is the single largest cost component of any breach, and it takes years to fully recover from one. IBM found that 67% of the costs of a breach accrue in the first year, 22% accrue in the second year and 11% in the third.  The more regulated a company’s business, the longer a breach will accrue costs and impact operations. Compounding this is the need for a more Zero Trust-based approach to securing every endpoint across an organization.

Not integrating mobile phone platforms and protecting them with a Zero Trust Security (ZTS) framework can add up to $240K to the cost of a breach. Companies working to bridge the gap between the need for securing mobile devices with ZTS frameworks include MobileIron, which has created a mobile-centric, zero-trust enterprise security framework. There’s a significant amount of innovation happening with Identity Access Management that thwarts privileged account abuse, which is the leading cause of breaches today. Centrify’s most recent survey, Privileged Access Management in the Modern Threatscape, found that 74% of all breaches involved access to a privileged account. Privileged access credentials are hackers’ most popular technique for initiating a breach to exfiltrate valuable data from enterprise systems and sell it on the Dark Web.

How To Deal With Ransomware In A Zero Trust World

  • Lake City, Florida’s city government paid ransomware attackers about $530,000 or 42 Bitcoins, to restore access to systems and data last month.
  • The City of Riviera Beach, Florida, paid ransomware attackers about $600,000 to regain access to their systems last month.
  • Earlier this month, LaPorte County, Indiana paid over $130,000 worth of Bitcoins to ransomware hackers to regain access to part of its computer systems.
  • This week, Louisiana Governor John Bel Edwards activated a state of emergency in response to a wave of ransomware infections that have hit multiple school districts in North Louisiana.

The recent ransomware attacks on Lake City, FloridaRiviera Beach, FloridaLaPorte County, Indiana, the City of Baltimore, Maryland, and a diverse base of enterprises including Eurofins ScientificCOSCONorsk Hydro, the UK Police Federation, and Aebi Schmidt reflect higher ransoms are being demanded than in the past to release high-value systems. There’s been a 44% decline in the number of organizations affected by ransomware in the past two years, yet an 89% increase in ransom demands over the last 12 months according to the Q1, 2019 Ransomware Marketplace Report published by Coveware. The Wall Street Journal’s article “How Ransomware Attacks Are Forcing Big Payments From Cities, Counties” provides an excellent overview of how Ryuk, a ransomware variant, works and is being used to hold unprepared municipalities’ IT networks for ransom.

How To Handle A Ransomware Attack

Interested in learning more about ransomware and how to help municipalities and manufacturers protect themselves against it, I attended Centrify’s recent webinar, “5 Steps To Minimize Your Exposure To Ransomware Attacks”. Dr. Torsten George, noted cybersecurity evangelist, delivered a wealth of insights and knowledge about how any business can protect itself and recover from a ransomware attack. Key insights from his webinar include the following:

  • Ransomware attackers are becoming more sophisticated using spear-phishing emails that target specific individuals and seeding legitimate websites with malicious code – it’s helpful to know the anatomy of an attack. Some recent attacks have even started exploiting smartphone vulnerabilities to penetrate corporate networks, according to Dr. George. The following graphic from the webinar explains how attackers initiate their ransomware attempts by sending a phishing email that might include a malicious attachment or link that leads to a malicious website. When a user clicks on the file/webpage, it unloads the malware and starts executing. It then establishes communications to the Command and Control Server – more often than not via TOR, which is free, open-source software for enabling anonymous communication. In the next step, the files get encrypted, and the end-user gets the infamous ransomware screen. From there on, communications with the end-user is done via TOR or similar technologies. Once the ransom is paid – often via Bitcoin to avoid any traces to the attacker – the private key is delivered to the users to regain access to their data.

  • To minimize the impact of a ransomware attack on any business, Business Continuity and Prevention strategies need to be in place now. A foundation of any successful Business Continuity strategy is following best practices defined by the U.S. Government Interagency Technical Guidance. These include performing regular data backup, penetration testing, and secure backups as the graphic below illustrate:

  • There are six preventative measures every business can take today to minimize the risk and potential business disruption of ransomware, according to the U.S. Government Interagency Technical Guidelines and FBI. One of the most valuable insights gained from the webinar was learning about how every business needs to engrain cybersecurity best practices into their daily routines. Calling it “cyber hygiene,” Dr. George provided insights into the following six preventative measures:

  • Stopping privileged access abuse with a Zero Trust Privilege-based approach reduces ransomware attacks and breaches’ ability to proliferate. Centrify found that 74% of all data breaches involve access to a privileged account. In a separate study, The Forrester Wave™: Privileged Identity Management, Q4 2018, (PDF, 19 pp., no opt-in) found that at least 80% of data breaches have a connection to compromised privileged credentials. Dr. George observed that hackers don’t hack in anymore—they log in using weak, default, stolen, or otherwise compromised credentials. Zero Trust Privilege requires granting least privilege access based on verifying who is requesting access, the context of the request, and the risk of the access environment.
  • One of the most valuable segments of the webinar covered five steps for minimizing an organization’s exposure to ransomware taking a Zero Trust-based approach. The five steps that every organization needs to consider how to reduce the threat of ransomware includes the following:
  1. Immediately Establish A Secure Admin Environment. To prevent malware from spreading during sessions that connect servers with privileged access, establish policies that only authorize privileged access from a “clean” source. This will prevent direct access from user workstations that are connected to the Internet and receive external email messages, which are too easily infected with malware.
  2. Secure remote access from a Zero Trust standpoint first, especially if you are working with remote contractors, outsourced IT, or development staff. When remote access is secured through a Zero Trust-based approach, it alleviates the need for a VPN and handles all the transport security between the secure client and distributed server connector gateways. Ransomware can travel through VPN connections and spread through entire corporate networks. Taking advantage of a reverse proxy approach, there is no logical path to the network, and ransomware is unable to spread from system to the network.
  3. Zoning off access is also a must-have to thwart ransomware attacks from spreading across company networks. The webinar showed how it’s a very good idea to create and enforce a series of access zones that restrict access by privileged users to specific systems and requires multi-factor authentication (MFA) to reach assets outside of their zone. Without passing an MFA challenge, ransomware can’t spread to other systems.
  4. Minimizing attack surfaces is key to stopping ransomware. Minimizing attack surfaces reduces ransomware’s potential to enter and spread throughout a company’s network. Dr. George made the point that vaulting away shared local accounts is a very effective strategy for minimizing attack surfaces. The point was made that ransomware does not always need elevated privileges to spread, but if achieved, the impact will be much more damaging.
  5. Least Privilege Access is foundational to Zero Trust and a must-have on any network to protect against ransomware. When least privilege access is in place, organizations have much tighter, more granular control over which accounts and resources admin accounts and users have access to. Ransomware gets stopped in its tracks when it can’t install files or achieve least privilege access to complete installation of a script or code base.

Conclusion

Ransomware is the latest iteration of a criminal strategy used for centuries for financial gain. Holding someone or something for ransom has now graduated to holding entire cities and businesses hostage until a Bitcoin payment is made. The FBI warns that paying ransomware attackers only fuels more attacks and subsidizes an illegal business model. That’s why taking the preventative steps provided in the Centrify webinar is something every business needs to consider today.

Staying safe from ransomware in the modern threatscape is a challenge, but a Zero Trust Privilege approach can reduce the risk your organization will be the next victim forced to make a gut-wrenching decision of whether or not to pay a ransom.

Roadmap To Zero Trust For Small Businesses

Bottom Line:  Small businesses don’t need to sacrifice security due to budget constraints or productivity requirements – a Zero Trust roadmap can help them keep growing and stop breaches.

Having worked my way through college in a series of small businesses and having neighbors and friends who operate several today, I see how cloud, databases, and network devices save thousands of dollars, hours of tedious work, and streamline operations. Good friends running an AI startup, whose remarkable ability to turn whiteboard discussions into prototypes in a day, are a case in point. Keeping breach attempts from interrupting their growth needs to start with a roadmap to Zero Trust so these businesses can keep flourishing.

Defining A Zero Trust Roadmap

Most successful small businesses and my friends’ growing startup share the common trait of moving at a quick pace. They’re hiring new employees, contractors and adding new locations in days, not months. The startups and small businesses I work with are adding experts in AI, development, machine learning, sales, and marketing from around the world quickly. Each new employee, contractor, and occasional supplier receives their account login to cloud systems used for running the business, and then they’re given their first assignments.

Small Businesses Don’t Need To Sacrifice Speed For Security

Small businesses and startups run so fast there’s often a perception that achieving greater security will slow them down. In a Zero Trust world, they don’t need to spend a lot of sacrifice speed for security. Following a Zero Trust roadmap can protect their systems, valuable intellectual property, and valuable time by minimizing the risk of falling victim to costly breaches.

Here’s what small businesses and startups need to include on their Zero Trust roadmaps to reduce the potential for time-consuming, costly breaches that could steal not just data but market momentum too:

  • Put Multi-Factor Authentication (MFA) into place for every contractor, admin user, and partner account immediately. Implementing MFA is highly recommended as it can reduce the risk of privileged access credential abuse. A recent survey by Centrify found that 74% of all breaches involved privileged access abuse. Centrify also found that 58% of organizations do not use Multi-Factor Authentication (MFA) for privileged administrative access to servers, leaving their IT systems and infrastructure exposed to hacking attempts, including unchallenged privileged access abuse.
  • Get a shared account and password vault to reduce the risk of being breached by privileged access abuse. Password vaults are a must-have for any business that relies on intellectual property (IP), patents, source code under development, and proprietary data that is pivotal to the company’s growth. Vaults make sure only trusted applications can request privileged account credentials by first identifying, then validating system accounts before passwords are retrieved. Another major advantage of vaults is that they minimize attack surfaces for small businesses and startups.
  • Secure Remote Access needs to be in place to ensure employee, contractor, and IT systems contractors are given least privilege access to only the resources they need. Small businesses and startups growing fast often don’t have the expertise on staff to manage their IT systems. It’s cheaper for many to have an IT service manage server maintenance, upgrades, and security. Secure Remote Access is predicated on the “never trust, always verify, enforce least privilege” Zero Trust approach to grant access to specific resources.
  • Implement real-time audit and monitoring to track all privileged sessions and metadata auditing everything across all systems to deliver a comprehensive picture of intentions and outcomes. Creating and adding to an ongoing chronology of login and resource attempts is invaluable for discovering how a security incident first gets started, and for meeting compliance requirements. It’s much easier to identify and thwart privileged credential abuse based on the insights gained from the single system of record a real-time audit and monitoring service creates. As small businesses and startups grow, the data that real-time audits and monitoring generate are invaluable in proving privileged access is controlled and audited to meet the regulatory compliance requirements of SOX, HIPAA, FISMA, NIST, PCI, MAS, and other regulatory standards.
  • Privileged access credentials to network devices need to be part of the Zero Trust Roadmap. Small businesses and startups face a continual time shortage and sometimes forget to change the manufacturer default passwords which are often weak and well known in the hacker community. That’s why it needs to be a priority to include the network device portfolio in A Zero Trust Privilege-based security roadmap and strategy. Security admins need to have these included in the shared account and passwords vault.

Conclusion

The five factors mentioned here are the start of building a scalable, secure Zero Trust roadmap that will help alleviate the leading cause of breaches today, which is privileged access credential abuse. For small businesses who are outsourcing IT and security administration, the core elements of the Zero Trust roadmap provide them the secure login and a “never trust, always verify, enforce least privilege” strategy that can scale with their business. With Zero Trust Privilege, small businesses and startups will be able to grant least privilege access based on verifying who is requesting access, the context of the request, and the risk of the access environment

Why AI Is The Future Of Cybersecurity

These and many other insights are from Capgemini’s Reinventing Cybersecurity with Artificial Intelligence Report published this week. You can download the report here (28 pp., PDF, free, no opt-in). Capgemini Research Institute surveyed 850 senior executives from seven industries, including consumer products, retail, banking, insurance, automotive, utilities, and telecom. 20% of the executive respondents are CIOs, and 10% are CISOs. Enterprises headquartered in France, Germany, the UK, the US, Australia, the Netherlands, India, Italy, Spain, and Sweden are included in the report. Please see page 21 of the report for a description of the methodology.

Capgemini found that as digital businesses grow, their risk of cyberattacks exponentially increases. 21% said their organization experienced a cybersecurity breach leading to unauthorized access in 2018. Enterprises are paying a heavy price for cybersecurity breaches: 20% report losses of more than $50 million. Centrify’s most recent survey, Privileged Access Management in the Modern Threatscape, found that 74% of all breaches involved access to a privileged account. Privileged access credentials are hackers’ most popular technique for initiating a breach to exfiltrate valuable data from enterprise systems and sell it on the Dark Web.

Key insights include the following:

  • 69% of enterprises believe AI will be necessary to respond to cyberattacks. The majority of telecom companies (80%) say they are counting on AI to help identify threats and thwart attacks. Capgemini found the telecom industry has the highest reported incidence of losses exceeding $50M, making AI a priority for thwarting costly breaches in that industry. It’s understandable by Consumer Products (78%), and Banking (75%) are 2nd and 3rd given each of these industry’s growing reliance on digitally-based business models. U.S.-based enterprises are placing the highest priority on AI-based cybersecurity applications and platforms, 15% higher than the global average when measured on a country basis.

  • 73% of enterprises are testing use cases for AI for cybersecurity across their organizations today with network security leading all categories. Endpoint security the 3rd-highest priority for investing in AI-based cybersecurity solutions given the proliferation of endpoint devices, which are expected to increase to over 25B by 2021. Internet of Things (IoT) and Industrial Internet of Things (IIoT) sensors and systems they enable are exponentially increasing the number of endpoints and threat surfaces an enterprise needs to protect. The old “trust but verify” approach to enterprise security can’t keep up with the pace and scale of threatscape growth today. Identities are the new security perimeter, and they require a Zero Trust Security framework to be secure. Be sure to follow Chase Cunningham of Forrester, Principal Analyst, and the leading authority on Zero Trust Security to keep current on this rapidly changing area. You can find his blog here.

  • 51% of executives are making extensive AI for cyber threat detection, outpacing prediction, and response by a wide margin. Enterprise executives are concentrating their budgets and time on detecting cyber threats using AI above predicting and responding. As enterprises mature in their use and adoption of AI as part of their cybersecurity efforts, prediction and response will correspondingly increase. “AI tools are also getting better at drawing on data sets of wildly different types, allowing the “bigger picture” to be put together from, say, static configuration data, historic local logs, global threat landscapes, and contemporaneous event streams,” said Nicko van Someren, Chief Technology Officer at Absolute Software.

  • 64% say that AI lowers the cost to detect and respond to breaches and reduces the overall time taken to detect threats and breaches up to 12%. The reduction in cost for a majority of enterprises ranges from 1% – 15% (with an average of 12%). With AI, the overall time taken to detect threats and breaches is reduced by up to 12%. Dwell time – the amount of time threat actors remain undetected – drops by 11% with the use of AI. This time reduction is achieved by continuously scanning for known or unknown anomalies that show threat patterns. PetSmart, a US-based specialty retailer, was able to save up to $12M by using AI in fraud detection from Kount. By partnering with Kount, PetSmart was able to implement an AI/Machine Learning technology that aggregates millions of transactions and their outcomes. The technology determines the legitimacy of each transaction by comparing it against all other transactions received. As fraudulent orders were identified, they were canceled, saving the company money and avoiding damage to the brand. The top 9 ways Artificial Intelligence prevents fraud provides insights into how Kount’s approach to unsupervised and supervised machine learning stops fraud.

  • Fraud detection, malware detection, intrusion detection, scoring risk in a network, and user/machine behavioral analysis are the five highest AI use cases for improving cybersecurity. Capgemini analyzed 20 use cases across information technology (IT), operational technology (OT) and the Internet of Things (IoT) and ranked them according to their implementation complexity and resultant benefits (in terms of time reduction). Based on their analysis, we recommend a shortlist of five high-potential use cases that have low complexity and high benefits. 54% of enterprises have already implemented five high impact cases. The following graphic compares the recommended use cases by the level of benefit and relative complexity.

  • 56% of senior execs say their cybersecurity analysts are overwhelmed and close to a quarter (23%) are not able to successfully investigate all identified incidents. Capgemini found that hacking organizations are successfully using algorithms to send ‘spear phishing’ tweets (personalized tweets sent to targeted users to trick them into sharing sensitive information). AI can send the tweets six times faster than a human and with twice the success. “It’s no surprise that Capgemini’s data shows that security analysts are overwhelmed. The cybersecurity skills shortage has been growing for some time, and so have the number and complexity of attacks; using machine learning to augment the few available skilled people can help ease this. What’s exciting about the state of the industry right now is that recent advances in Machine Learning methods are poised to make their way into deployable products,” said Nicko van Someren, Chief Technology Officer at Absolute Software.

Conclusion

AI and machine learning are redefining every aspect of cybersecurity today. From improving organizations’ ability to anticipate and thwart breaches, protecting the proliferating number of threat surfaces with Zero Trust Security frameworks to making passwords obsolete, AI and machine learning are essential to securing the perimeters of any business.  One of the most vulnerable and fastest-growing threat surfaces are mobile phones. The two recent research reports from MobileIronSay Goodbye to Passwords (4 pp., PDF, opt-in) in collaboration with IDG, and Passwordless Authentication: Bridging the Gap Between High-Security and Low-Friction Identity Management (34 pp., PDF, opt-in) by Enterprise Management Associates (EMA) provide fascinating insights into the passwordless future. They reflect and quantify how ready enterprises are to abandon passwords for more proven authentication techniques including biometrics and mobile-centric Zero Trust Security platform.

%d bloggers like this: