Skip to content

Posts tagged ‘Cyberattacks’

12 Cybersecurity CEOs On What Each Learned Leading During The Pandemic

Bottom Line: Cybersecurity CEOs’ lessons learned from navigating the pandemic provide a valuable framework for leading and growing a business through anxious, uncertain times.

How each cybersecurity CEO responds to the challenges of keeping employees safe, customers secure and product release cycles on schedule while still achieving customer success – all virtually – provide valuable insights into leading a company during difficult times. Simon Biddiscombe, former CEO of MobileIron (acquired by Ivanti), exemplifies the empathy all CEOs interviewed have for their employees’ welfare. “My first priority when the pandemic hit was to protect the health and safety of our employees, yet still maintain an “always-on business” for our customers,” Simon mentioned during a recent interview.

What made leading during the pandemic even more difficult was the exponentially increasing number of breaches and cyberattacks their customers are experiencing. McAfee Labs Covid-19 Threats Report found a 630% increase in cloud services cyberattacks between January and April of this year alone. The FBI estimates cyberattacks are up 400% due to the pandemic. As DevOps teams fast-track new features and releases, CEOs keep their virtual organizations cohesive and focused on the same goals. 

The following cybersecurity CEOs provide their most valuable lessons learned leading through the pandemic:   

Christy Wyatt, CEO of Absolute Software

About Absolute

Absolute is a leader in Endpoint Resilience solutions and the industry’s only undeletable defense platform embedded in over a half-billion devices. Enabling a permanent digital tether between the endpoint and the enterprise who distributed it, Absolute provides IT and Security organizations with always-connected visibility and Self-Healing Endpoint security.

“What are the most valuable lessons learned leading through a pandemic?” 

There was a clear moment for us where we said, “What is our objective? What is the best response to this?” And the phrase that came out was, “How can we help?” We knew our primary focus needed to be helping our customers solve a massive problem, instead of monetizing this opportunity. Making this decision to come together as a mission-driven organization… that was so incredibly powerful. 

Even as life was changing drastically between breakfast and dinner every single day and employees were navigating their own work-from-home journeys and trying to care for their families, what we heard was that this ability to contribute was the thing that they were hanging onto. They were able to say, “Listen, I’m getting up every morning and I’m helping organizations with something that’s really scary and unfamiliar.” And, they did remarkable things… these teams put themselves through so much to help our customers stand up remote work and learning environments essentially overnight.

I always say you don’t win the race when you’re in the race. It’s the training and the practice, and the talking,and the drills and the teamwork… which we had been working on long before the pandemic hit. So I think my biggest takeaway is that if you put in the training upfront and you focus on doing the right things, the right things will happen. And you really can achieve more than you thought you could.

Flint Brenton – President and CEO of Centrify

About Centrify

Centrify is redefining the legacy approach to Privileged Access Management by delivering multi-cloud-architected Identity-Centric PAM to enable digital transformation at scale. Centrify Identity-Centric PAM establishes trust and then grants least privilege access just-in-time based on verifying who is requesting access, the context of the request and the risk of the access environment. Centrify centralizes and orchestrates fragmented identities, improves audit and compliance visibility and reduces risk, complexity and costs for the modern, hybrid enterprise.

“What are the most valuable lessons learned leading through a pandemic?”

“Our customers and the people they serve are all going through rapid change. When you look at the concept of digital transformation, a lot of companies were struggling with that before the pandemic. Now we know that we can’t live without it. The role of the developer is more important than ever and they are driving innovation in a very different environment than they’ve ever experienced.

One of the most valuable lessons I’ve learned during the pandemic is that no matter what the obstacles are, people need connection. For a company like Centrify, that means we need to be connected to our customers intellectually, strategically, virtually and – eventually – physically.

An example of this was very clear recently, as we engaged in discussions with one of the world’s largest financial institutions to replace their existing password vaulting solution. They have a vision for where they want to be, how they are going to get there and how they are going to secure that transformation. But they need the right partner who not only has the technology capabilities and architecture for a cloud-focused, DevOps-drive, digitally-enabled enterprise, but also to understand their vision and be invested in their success.

So the CIO asked me to personally track the rollout of our product against their product enablement success and he was very interested in how our vision of Privileged Access Management will converge with cloud security, DevOps and other modern technologies and empower their vision and plan. Ultimately, he wanted connectedness. He wants a personal relationship built on understanding, honesty and accountability, even if that relationship can’t be forged and nurtured over a dinner or meeting in a conference room.

That’s the biggest lesson I’ve learned leading this year: that customers, employees, partners and peers want to be connected any way possible, even if they can’t do so in close physical proximity yet.”

Steve Havas, CEO of Evernym

About Evernym

Evernym is a pioneer in the field of verifiable credential technology, which gives individuals control over their digital identity and organizations the ability to trust and verify their data. Evernym builds and deploys self-sovereign identity solutions, with the technology and go-to-market resources powering the largest implementations of digital credentials in production.

“What are the most valuable lessons learned leading through a pandemic?” 

The pandemic has been, to say the least, impactful on society and our business. The market changes have required ruthless listening to customer needs and absolute focus on delivering what’s needed today.

We’ve all anticipated a gradual convergence of the digital and physical worlds, but that timeline has been accelerated by the sudden rise in remote work/education and contactless identity verification. We’re fortunate that this is the future we’ve been building toward, although we would have never imagined many of the COVID-19 credential use cases that are now mission-critical for our customers. It’s certainly been a lesson in adaptability and prioritization.

Benji Markoff, CEO of Founder Shield

About Founder Shield

Founder Shield is a tech-enabled insurance brokerage, focusing on rapidly growing businesses that operate in emerging industries. As a broker, we have a unique perspective of protecting our clients against cyber threats and guiding them to recovery should their fall victim. We work with forward-thinking insurers using proprietary cyber risk management tools, while also offering the most innovative insurance coverage possible.

“What are the most valuable lessons learned leading through a pandemic?” 

People say that fortunes are won and lost in times like these and it certainly appears that hackers & social engineering fraudsters have gotten that memo. Over the past 6 months, we’ve seen an increase in both hacking and social engineering attacks on clients of all shape and size $5M Revenue to $500M revenue. The reports suggest that working from home has only increased vulnerabilities of company networks (or lack thereof as employees use home networks) and the ability to induce fraudulent payments from employees who might not be able to lean over to a coworker to fact check a fishy invoice. The valuable lesson? Do a cyber audit and make sure you’re training your team on spotting social engineering and phishing scams.

Anand S – CEO at Gramener: Insights as Data Stories

About Gramener: Insights as Data Stories

Gramener is a data science company that helps solve complex business problems with compelling data stories using insights and a low-code analytics platform. We help enterprises large and small with data insights and storytelling by leveraging Machine Learning, Artificial Intelligence, Automated Analysis and Visual Intelligence using modern charts and narratives (NLG). Our Gramex platform is a low-code framework to rapidly build engaging data solutions across multiple business verticals and use cases. Our products have empowered CXOs, Chief Data Officers, Scientists, Business Analysts and others save millions of dollars by making an impact on revenue and decision making. Gramener was founded in 2010 and has over 325+ clients worldwide, 200+ employees and 5 offices globally including the United States and Singapore.

“What are the most valuable lessons learned leading through a pandemic?” 

As an SMB we leaned more towards cost optimization over premium cybersecurity tools and services, resulting in ring-fencing our office infrastructure more. Due to COVID-19, when we moved 100% remote, our cybersecurity controls fell short to defend us against external threats. We had to extend the security protocols like moving all work to Virtual Desktop Infrastructure (VDI), strengthen VPN tunnel security, implement 2FA for all logins, opt for more security services from our Cloud service provider.

  • We accelerated digitization across operations and increased spending in Cloud security and production application security. We are revisiting our current approach and playbooks for cybersecurity.

–      We are evaluating the current 3rd party service providers offering and reevaluating if they still have same level security controls in place at their end

  • We are conducting an accelerated implementation of Data Security protocols across the organization and not just on client specific projects. This includes updates to Information Security Policy around Data classification, Data tracking and protection.
  • With 100% remote operations, we are moving to VDI for all production and critical services. This means access to all data is through dedicated VPN Tunnels only. This is to mitigate any exposure to data from folks working at home.

–      Our Virtual Desktop Infrastructure allows our IT teams to protect client sensitive data to a restricted cloud environment. All the tools and 3rd party cloud services required by our team members to perform their tasks are provided in the VDI. No data can be extracted or moved from VDI instances.

–      All internal company data around operations, team members, Intellectual Property are a prime target for cyberattacks and ransomware. We have moved to a secure VPN tunnel architecture for all our team members to access company internal systems. Earlier this was restricted to a small group of functions. By mandating access via secure VPN tunnel our IT team has centralized visibility of all traffic across the network and can intervene quickly against any potential threats.

  1. We are mandating 2FA. Earlier employee convenience led to not mandating 2FA for all our services. Now 2FA has been made mandatory across all services.
  2. In order to optimize costs, we are consolidating tools used in the organization to identify overlapping functionalities and getting rid of those which are no longer required.

Apu Pavithran, founder and CEO of Hexnode

About Hexnode

Hexnode MDM is the award-winning Unified Endpoint Management platform from Mitsogo Inc. The company has been helping organizations in over 100 countries to stay agile and competitive in an increasingly mobile world. Mitsogo Inc. is a leading provider of Endpoint Management and security solutions. From SMBs to Fortune 500s, enterprises of all sizes have leveraged Mitsogo’s prowess in device management to drive business productivity and compliance. Mitsogo’s solutions adapt to the most complex of business environments.

“What are the most valuable lessons learned leading through a pandemic?” 

Navigate the path, trust your crew 

Being a CEO, as lucrative as it may seem has its own little big challenges, for example, they don’t tell you that there are no off days. There are always thousands of choices to be made and tons of pathways to be chosen, but the absolute worst thing comes when we face an uncertainty that was never on the radar. 

And when the pandemic hit, the team needed support more than ever, I had to switch through the roles of commander in chief, therapist, cheerleader and even at times a babysitter. After all, you have to be the rock for your employees, or else it shows. But fortunately, I was so lucky to be surrounded by like-minded people who are as passionate as the founder about our business and customers.

We had to establish a fully remote work landscape and it was not what we would have expected, it was at a time when everyone was very insecure about COVID-19. People were worried about their safety, the safety of their families and work started to slip into second gear, some of us were even having mental breakdowns. It was time to be the person that the team could look up to. 

“Customer is king”, is a tired old saying but that is what Hexnode live by, we had a commitment towards our clients, so we had to provide uninterrupted service for them rain or shine. So, we made a decision that would be deemed “mad “from a financial standpoint. 

We rented out hotel rooms and made guesthouses for each of our employees around the globe and ran security and screening protocols equivalent to that of hospitals. Soon the stress levels were back to normal and the team started to enjoy the atmosphere. Productivity became better than pre-COVID levels.

As a leader, your team should be able to trust that you’re going to do everything in your power to navigate them through this tough time. The greatest asset for every business is said to be “finding the right staff”, but I would say it is “how you create the right staff”. The most valuable lesson l learned during this pandemic is “When the crew is great you just have to navigate, they will pull through all the tides and storms coming your way. They always do”. 

Brad Wiskirchen, CEO, Kount

About Kount

Kount’s Identity Trust Global Network delivers real-time fraud prevention and account protection and enables personalized customer experiences for more than 9,000 leading brands and payment providers. Linked by Kount’s award-winning AI, the Identity Trust Global Network analyzes signals from 32 billion annual interactions to personalize user experiences across the spectrum of trust—from frictionless experiences to blocking fraud. Quick and accurate identity trust decisions deliver safe payment, account creation and login events while reducing digital fraud, chargebacks, false positives and manual reviews.

“What are the most valuable lessons learned leading through a pandemic?”  

Open, honest, fearless communication. The Kount team has lived by this motto for more than a decade and never before has it been more tested and more relevant than in navigating the events of 2020. From moving our entire team to remote work to quickly pivoting to help our eCommerce businesses handle dramatic changes in transaction volume, it’s essential that our team communicate at the highest levels. As the impacts of the pandemic are often deeply personal, open, honest, fearless communication has empowered us to balance individual needs, customer needs and company needs while uniting us in our mission to do whatever it takes to stop digital fraud for our customers. 

Simon Biddiscombe, former CEO of MobileIron (acquired by Ivanti)

About MobileIron

MobileIron is redefining enterprise security with the industry’s first mobile-centric security platform for the Everywhere Enterprise. MobileIron’s platform combines award-winning and industry-leading unified endpoint management (UEM) capabilities with passwordless MFA (Zero Sign-On) and mobile threat defense (MTD) to validate the device, establish user context, verify the network and detect and remediate threats to ensure that only authorized users, devices, apps and services can access business resources in a “work from everywhere” world.

“What are the most valuable lessons learned leading through a pandemic?”

As a leader during a pandemic, you must go above and beyond to provide your employees and customers with world-class service and support. My first priority when the pandemic hit was to protect the health and safety of our employees, yet still maintain an “always on business” for our customers. At MobileIron, we quickly enabled our employees around the world to work remotely. We also made it as easy as possible for our customers to issue more corporate-owned devices or enable a BYOD program to keep their employees secure and connected – whether they were working on the frontlines or at home. And we continued to innovate to meet the changing security needs of our customers and communities.

Overall, the pandemic has crammed years’ worth of change into a few short months and it will have long-lasting effects on how, when and where we work in the future. Work in the future will be very different to work in the past, which will present leaders with some challenges. However, it will also offer some significant opportunities to overhaul working practices and support employees who work from home with better collaboration and more intuitive access. The “Everywhere Enterprise” is not a passing phase, it’s the current reality and will continue to grow and expand as workers find new ways to be productive from anywhere.

Ward Osborne, CEO of Osborne Global Security

About Osborne Global Security

Osborne Global Security is a new player in the security space. They are challenging the stereotypes that come to mind when you originally think of security and replacing them with the ideas of trust, care and a shift in general security culture. This is a fascinating company to watch in the future.

“What are the most valuable lessons learned leading through a pandemic?”  

As CISO’s for multiple companies through this pandemic, we have seen so much shift and change. There’s been borderline chaos in many companies – and chaos ALWAYS brings opportunity. For our clients, the ones we’ve worked with and developed mature, risk and capabilities based models for just this situation, they are thriving.

It’s interesting to see the world adapt to a virtual delivery model which we’ve been creating, living, evangelizing for 25 years. Our clients who may not have had the time or prioritization to develop those models and capabilities have taken a hit, but we continue to do what we do, which is develop and provide resilience and growth to our customers.

In a virtual and distributed world, Trust becomes a major factor in every conversation. If a customer can’t Trust that we are there to solve problems when things get tough, then they aren’t able to operate effectively knowing that someone has their back.

Our world has become physically disconnected, but the people and companies that deal with that challenge in a proactive and positive way will always thrive. We are here. Growing our tribe. Doing the next right thing and leading customers to success in the midst of all of this chaos and challenge.

Rodrigo Tumaián, CEO and Co-Founder of Prometeo

About Prometeo

Prometeo provides a single point of access to banking information, transactions and payments across multiple financial institutions in Latam. Inspired by PSD2 and with high security standards, Prometeo brings easy plug & play access to open banking, the future of financial services.  Currently, Prometeo is connected with more than 30 financial institutions across 9 countries of Latam (including México & Brazil) and provides access to more than 45 APIs.

“What are the most valuable lessons learned leading through a pandemic?”  

Prometeo was born with a very strong focus on cyber-security, so the pandemic had no effect on our operation. Our company grew up with the foundation of mobility and work flexibility, this forced us from the beginning to think about the best way to transmit data and protect mobile assets. So when the pandemic arrived, we were already providing remote access (VPN) to all our employees, limiting access by profile. We were already using two-factor authentication to access our services. We already had user nomination and record of the operations generated by our employees on our assets. I think if I had to mention what was the most valuable thing we learned from the pandemic, it’s that the direction we took from the beginning was worth it. We didn’t have to deal with operational issues to handle the high demand for digital products from customers, we just did it. So the pandemic for us strengthened another of our fundamental values, not to make security to be compliance, but to make integral security, both within our company and for our customers.

Jean Le Bouthillier, CEO of Qohash

About Qohash:

Qohash delivers advanced data classification and monitoring capabilities to protect your personal, health, corporate and financial data using transformational technologies such as machine learning and analytics.

“What are the most valuable lessons learned leading through a pandemic?”  

2020 has accelerated digital transformation efforts and highlighted the need for advanced, lightweight data security capabilities. With enterprise employees working increasingly remote, data is flowing faster and in previously unimagined ways. Businesses realize that to keep up with the demands of clients and a digital workforce, data risk models need an update or risk jeopardizing the enterprise.

Qohash clients recognize that the employee Risk Score, a quantifiable measure of trust, mitigates the impact both of bad actors as well as busy, distracted employees.

Remote, digital work will be a part of enterprise operations for the foreseeable future. Organizations need to enable governance risk and compliance teams to better support this transition to Work From Anywhere [WFA] models where talent and business thrive.

Jean-Paul Smets, Founder and CEO RapidSpace

About RapidSpace

Rapid.Space is a cloud provider whose “approach is based exclusively on the use of free, fully auditable and reversible software, hardware and management procedures under open licenses. Thanks to a network of 228 points of presence, Rapid.Space has global presence including in mainland China. It covers similar features as the most sophisticated public cloud provider and introduces exclusive innovations such as industrial edge computing and private 4G/5G vRAN.

“What are the most valuable lessons learned leading through a pandemic?”  

“Rapid.Space learned during the pandemic how to formalize its management procedures and remotely setup points of presence. Thanks to Augmented Reality and smart glasses, Rapid.Space team in Europe and Americas could setup remotely its points of presence in mainland China and Taiwan without having to travel by air plane”.

Debunking The Myth That Greater Compliance Makes IT More Secure

Debunking The Myth That Greater Compliance Makes IT More Secure

Bottom Line:  Excelling at compliance doesn’t protect any business from being hacked, yet pursuing a continuous risk management strategy helps.

With a few exceptions (such as spearphishing), cyberattacks are, by nature, brutally opportunistic and random. They are driven to disrupt operations at best and steal funds, records, and privileged access credentials at worst. Conversely, the most important compliance event of all, audits, are planned for, often months in advance. Governance, Risk, and Compliance (GRC) teams go to Herculean efforts to meet and exceed audit prep timelines working evenings and weekends.

Wanting to learn more about the relationship between GRC and cybersecurity strategy, I searched for webinars on the topic. I found Improve Your Compliance Posture with Identity-Centric PAM, a recent webinar-on-demand offered by Centrify. The webinar brought up several interesting insights, including shared pains companies experience with compliance and cybersecurity, yet require drastically different approaches to solving them.

Rationalizing Compliance Spending with Cybersecurity

The truth is organizations are attempting to rationalize the high costs of compliance by looking for how GRC spend can also improve cybersecurity. This is a dangerous assumption, as Marriott’s third breach indicates. Marriott is an excellently managed business and sets standards in compliance. Unfortunately, that hasn’t thwarted three breaches they’ve experienced.

Why are organizations assuming GRC spending will improve cybersecurity? It’s because both areas share a common series of pains that require different solutions, according to the webinar. These pains include:

  • Updates to regulations are exponentially increasing today, averaging 200 or more per day from approximately 900 oversight agencies worldwide, leading to a quickly changing, heterogeneous landscape. Dr. Torsten George, Cybersecurity Evangelist at Centrify, said that when he worked in the GRC space, the midsize clients he worked with had to deal with 17 different regulations. Larger organizations that operate on a global basis are dealing with, on average, 70 or more regulations they need to stay in compliance with. Dr. George provided an overview of the compliance landscape, differentiating between the levels compliance requirements every organization needs to abide by, which is shown below:
  • Compliance is, by nature, reactive to a known event (audit), while cybersecurity is also entirely reactive to random events (cyberattacks). GRC teams need to ramp up their staff and equip them with the apps and tools they need at least six months before an audit. For cybersecurity, the threat is random and will most likely be more severe in terms of financial loss. Preparing for each takes entirely different strategies.
  • The lack of continuous risk monitoring by GRC teams and identity management by IT cybersecurity leads to systemic failures in achieving compliance and securing an organization. The webinar makes an excellent point that for compliance to succeed, it needs to be based on continuous risk management, not just checking off the boxes or categories of a given GRC approach. The same holds for cybersecurity. Identity-Centric Privileged Access Management (PAM) provides GRC and IT professionals mutual benefits when it comes to achieving the mission of being and staying compliant, and shows how securing enterprises drive better compliance, not vice versa.
  • Manually updating compliance mapping tables showing the interrelationships of requirements by industry is not scaling – and leaving gaps in GRC coverage. The more regulated a business is, for example manufacturing medical products, the more important it is to automate every aspect of compliance. A great place to start is automating the process of creating mapping tables. Taking a manual approach to creating mapping tables comparing standards often leads to errors and gaps. And in highly regulated industries like medical products manufacturing, the accuracy, speed, and scale of staying compliant can be turned into a competitive advantage, leading to more sales.

How To Resolve The Conflict Between GRC and Cybersecurity Spending

According to the webinar, 80% of today’s data breaches are caused by default, weak, stolen, or otherwise compromised credentials. GRC and cybersecurity strategies’ best efforts need to be put on securing privileged access first. The webinar makes a strong argument for prioritizing privileged access security as the initiative that can unify GRC and cybersecurity strategies.

Key insights from the webinar include the following:

  • Industry standards and government regulations are calling for identity and access management as a requirement, with several specifically naming privilege access controls.
  • Identity-Centric Privileged Access Management (PAM) approaches help meet compliance mandates, while at the same time hardening cybersecurity to the threat surface level.
  • Attaining greater compliance by taking an Identity-Centric PAM approach ensures machines have secured identities as well, and the use of anonymous access accounts is limited to break-glass scenarios only, while organizations should otherwise be leveraging enterprise directory identities for the authentication and authorization process.
  • Improving accountability and segmentation by establishing granular security controls and auditing everything helps bridge the gap between GRC and cybersecurity initiatives.
Debunking The Myth That Greater Compliance Makes IT More Secure

Conclusion

Continuous risk management is key to excelling at compliance, just as securing privileged access credentials is foundational to an effective cybersecurity strategy. Dr. Torsten George ended the webinar saying, “In the long term, I believe that the current situation that we’re dealing with and its associated spike of cyber-attacks will lead to even stricter compliance mandates; especially when it comes to secure remote access by key IT stakeholders and outsourced IT.” The bottom line is that compliance and cybersecurity must share the common goal of protecting their organizations’ privileged access credentials using adaptive approaches and technologies if both are going to succeed.

 

 

Machines Protecting Themselves Is The Future Of Cybersecurity

Machines Protecting Themselves Is The Future Of Cybersecurity

Bottom Line: Existing approaches to securing IT infrastructure are proving unreliable as social engineering and breach attempts succeed in misdirecting human responses to cyber threats, accentuating the need for machines to protect themselves.

Any nations’ digital infrastructure and the businesses it supports are its most vital technology resources, as the COVID-19 pandemic makes clear. Cybercriminal and advanced persistent threat (APT) groups are attempting to capitalize on the disruption that COVID-19 is creating to engage in malicious cyber activity. It’s become so severe that the United States Department of Homeland Security (DHS) Cybersecurity and Infrastructure Security Agency (CISA) and the United Kingdom’s National Cyber Security Centre (NCSC) issued a joint alert, COVID-19 Exploited by Malicious Cyber Actors earlier this month.

“If you’re in the Department of Defense, your doctrine says land, sea, air, space, cyber. An entirely new domain of warfare, but fundamentally, an entirely new domain of human existence. That’s really disruptive,” said General Michael Hayden during his keynote at the 2017 Institute for Critical Infrastructure Technology (ICIT) Winter Summit. General Hayden’s comments are prescient of the world in 2020.

In the same keynote, he said that it’s essential that cyber-threats and the actors carrying them out be treated as invading armies and cyber-attacks be considered an act of war. “We self-organize and use business models to guide our self-organization,” General Hayden said. “We will have to rely on ourselves and the private sector in a way that we have not relied on ourselves for security.”

General Hayden’s’ comments are a call to action to the private sector to take the initiative and innovate quickly to secure the cyber-domain. Machines protecting themselves is an area noteworthy for its innovative technologies for securing IT infrastructures and the networks that comprise them.

Exploring An Approach to How Machines Protect Themselves

Wanting to learn more about how machines would be able to protect themselves automatically, I spoke with Centrify’s Chief Strategy Officer, David McNeely. He explained that one of the best ways is to have a client that is an integral part of any operating system act as an intermediary that establishes a trusted identity for each client system on a network. The client would then be able to authenticate every login attempt and request for resources by verifying each login through an authoritive security management platform such as Active Directory (AD).

McNeely explained how Centrify’s approach to having machines protect themselves using clients integrated with operating systems. “The client is designed to enable the computer to authenticate users. It must have a trusted relationship with the authoritative identity service in the organization that manages user accounts, this is usually Active Directory. The computer account and trust relationship is what enables strong authentication of user login requests” he said.

He continued, “Self-defending machines address the paradigm shift occurring in cybersecurity today where protection cannot be enforced at the network boundary. In the past, trusted networks were defined by administrators using network protection tools such as VLANs, firewalls and VPNs in order to protect a group of machines on that network. With self-defending machines, it’s possible to implement a true Zero Trust approach more fully where the network cannot be trusted.”

The following is a graphic of how Centrify is approaching machine-to-machine Zero Trust across distributed environments:

Machines Protecting Themselves Is The Future Of Cybersecurity

Centrify’s approach is based on servers protecting themselves by enforcing a policy defined by IT administrators as stored in Active Directory (AD) or Centrify’s Privileged Access Service. Clients then carry out the orders, enforcing centrally managed policies for each of the following scenarios:

  • Define who can login, making sure only authorized personnel are allowed access.
  • Whether clients should initiate the process of enforcing MFA or not, to make sure the login attempt isn’t a bot, fake ID, or incorrect human.
  • Whether audit is required or not of the login session and if so, what conditions define if it should be recorded or not.
  • Which privileges are granted to each user and for how long once they’ve gained access to systems.

Why The NIST 800-207 Standard Matters

The National Institute of Standards and Technology (NIST) has defined Zero Trust architecture as a set of guiding principles that organizations can use to improve their security posture. You can view the publication online here: NIST Zero Trust Special Publication 800-207, Zero Trust Architecture (PDF, 58 pp., no opt-in).

Organizations need to continually evaluate their existing cybersecurity defenses in light of the Tenets of Zero Trust in order to continually improve their security postures. The NIST standard underscores the importance of how security architecture matters. For example, defenses to protect assets need to be as close to the asset as possible, much like in a war. In this new era of cyberwarfare, soldiers will need their own body armor and tools to defend against an adversary. Similarly, it is important to arm each server with appropriate defenses to protect against cyberthreats.

Conclusion

General Hayden’s challenge to private industry to pick up the pace of innovation so the nations’ cyber-domain is secure resonates with every cybersecurity company I’ve spoken with. One of the most noteworthy is Centrify, who has devised an enterprise-ready approach for machines to protect themselves across infrastructure and network configurations. It’s Identity-Centric approach to authenticating every login attempt and request for resources by verifying each login – through Active Directory (AD) or the cloud-based, FedRAMP-authorized Centrify Privileged Access Service – differentiates its approach from other cybersecurity vendors attempting to empower machine self-defense.

 

10 Charts That Will Change Your Perspective Of AI In Security

10 Charts That Will Change Your Perspective Of AI In Security

Rapid advances in AI and machine learning are defining cybersecurity’s future daily. Identities are the new security perimeter and Zero Trust Security frameworks are capitalizing on AI’s insights to thwart breaches in milliseconds. Advances in AI and machine learning are also driving the transformation of endpoint security toward greater accuracy and contextually intelligence.

69% of enterprise executives believe artificial intelligence (AI) will be necessary to respond to cyberattacks with the majority of telecom companies (80%) saying they are counting on AI to help identify threats and thwart attacks according to Capgemini. Gartner predicts $137.4B will be spent on Information Security and Risk Management in 2019, increasing to $175.5B in 2023, reaching a CAGR of 9.1%. Cloud Security, Data Security, and Infrastructure Protection are the fastest-growing areas of security spending through 2023. The following ten charts illustrate the market and technological factors driving the rapid growth of AI in security today:

  • AI shows the greatest potential for fraud detection, malware detection, assigning risk scores to login attempts on networks, and intrusion detection. Supervised and unsupervised machine learning algorithms are proving to be effective in identifying potentially fraudulent online transaction activity. By definition, supervised machine learning algorithms rely on historical data to find patterns not discernible with traditional rule-based approaches to fraud detection. Finding anomalies, interrelationships, and valid links between emerging factors and variables is unsupervised machine learning’s core strength. Combining each is proving to be very effective in identifying anomalous behavior and reducing or restricting access. Kount’s  Omniscore relies on these technologies to provide an AI-driven transaction safety rating. Source: Capgemini Research Institute, Reinventing Cybersecurity with Artificial Intelligence – The new frontier in digital security (28 pp., PDF, no opt-in).
  • 80% of telecommunications executives stated that they believe their organization would not be able to respond to cyberattacks without AI. Across all seven industries studied in a recent Capgemini survey, 69% of all senior executives say they would not be able to respond to a cyberattack without AI. 75% of banking executives realize they’ll need AI to thwart a cyberattack. Interestingly, 59% of Utilities executives, the lowest response to this question on the survey, see AI as essential for battling a cyberattack. Utilities are one of the more vulnerable industries to attacks given their legacy infrastructure. Source: Statistica, Share of organizations that rely on artificial intelligence (AI) for cybersecurity in selected countries as of 2019, by industry
  • 51% of enterprises primarily rely on AI for threat detection, leading prediction, and response. Consistent with the majority of cybersecurity surveys of enterprises’ AI adoption for cybersecurity in 2019, AI is relied the majority of the time for detecting threats. A small percentage of enterprises have progressed past detection to prediction and response, as the graphic below shows. Many of the more interesting AI projects today are in prediction and response, given how the challenges in these areas expand the boundaries of technologies fast. Source: Capgemini Research Institute, Reinventing Cybersecurity with Artificial Intelligence – The new frontier in digital security (28 pp., PDF, no opt-in).
  • Enterprises are relying on AI as the foundation of their security automation frameworks. AI-driven security automation frameworks are designed to flex and support new digital business models across an organization. Existing security automation frameworks can crunch and correlate threat patterns on massive volumes of disparate data, which introduces opportunities for advanced cybersecurity without disrupting business. Using alerts and prescriptive analytics for dynamic policies to address identified risks, enterprises can speed deployment of threat-blocking measures, increasing the agility of security operations. Source: Cognizant, Combating Cybersecurity Challenges with Advanced Analytics (PDF, 24 pp., no opt-in).
  • Cybersecurity leads all other investment categories this year of TD Ameritrade’s Registered Investment Advisors (RIA) Survey. The survey found RIAs are most interested in investment opportunities for their clients in AI-based cybersecurity new ventures. Source: TD Ameritrade Institutional 2019 RIA Sentiment Survey (PDF, 35 pp., no opt-in)
  • 62% of enterprises have adopted and implemented AI to its full potential for cybersecurity, or are still exploring additional uses. AI is gaining adoption in U.S.-based enterprises and is also being recommended by government policy influencers. Just 21% of enterprises have no plans for using AI-based cybersecurity today.  Source: Oracle, Security In the Age Of AI (18 pp., PDF. no opt-in
  • 71% of today’s organizations reporting they spend more on AI and machine learning for cybersecurity than they did two years ago. 26% and 28% of U.S. and Japanese IT professionals believe their organizations could be doing more. Additionally, 84% of respondents believe cyber-criminals are also using AI and ML to launch their attacks. When considered together, these figures indicate a strong belief that AI/ML based cybersecurity is no longer simply nice to have; it’s crucial to stop modern cyberattacks.   Source: Webroot, Knowledge Gaps: AI and Machine Learning in CyberSecurity Perspectives from the U.S. and Japanese IT Professionals (PDF, 9 pp., no opt-in)
  • 73% of enterprises have adopted security products with some form of AI integrated into them. Among enterprises that receive more than 1,000 alerts per day, the percentage that has AI-enabled products in their security infrastructure jumps to 84%. The findings suggest that some decision makers view AI as useful capability in dealing with the flood of alerts that they receive. Source: Osterman Research, The State of AI in Cybersecurity: The Benefits, Limitations and Evolving Questions (PDF, 10 pp., opt-in).
  • AI’s greatest benefit is the increase in the speed of analyzing threats (69%) followed by an acceleration in the containment of infected endpoints/devices and hosts (64%). Because AI reduces the time to respond to cyber exploits organizations can potentially save an average of more than $2.5 million in operating costs. Source: The Value of Artificial Intelligence in Cybersecurity – Sponsored by IBM Security Independently conducted by Ponemon Institute LLC, July 2018.

Improving Endpoint Security Needs To Be A Top Goal In 2020

Improving Endpoint Security Needs To Be A Top Goal In 2020

Bottom Line:  Attacking endpoints with AI, bots, and machine learning is gaining momentum with cybercriminals today with no signs of slowing down into 2020, making endpoint security a must-have cybersecurity goal for next year.

Cyberattacks are growing more complex and difficult to prevent now and will accelerate in the future, making endpoint security a top goal in 2020. Cybercriminals are using structured and unstructured machine learning algorithms to hack organizations’ endpoints with increasing frequency. Endpoint attacks and their levels of complexity will accelerate as cybercriminals gain greater mastery of these techniques.

In response, endpoint protection providers are adopting machine learning-based detection and response technologies, providing more cloud-native solutions that can scale across a broader range of endpoints, and designing in greater persistence and resilience for each endpoint. The recent IDC survey published this month, Do You Think Your Endpoint Security Strategy Is Up to Scratch? completed in collaboration with HP recommends that “companies should seek to build resilience — on the assumption that breaches are inevitable — and look for “security by design” features that facilitate or automate detection and recovery.” IDC surveyed 500 senior security executives globally, finding major differences between leading organizations who realize endpoint security is essential for a unified cybersecurity strategy and followers, who don’t.

What Differentiates The Most Effective Endpoint Strategies? 

IDC’s study found that leaders who integrate endpoint security into their cybersecurity plans are more effective at compliance reporting, endpoint hardening, and attack detection and response. Leaders capitalize on the data from their endpoint security strategies, creating contextual intelligence that helps protect their most vulnerable threat surfaces. The following are key insights from the IDC study showing why endpoint security needs to be an integral part of any corporate-wide cybersecurity strategy:

  • 29.6% of all enterprises globally consider endpoint security to be a significant component of their overall cybersecurity strategy, with leaders 2X as likely to consider it a high priority. Close to half of all enterprises (49.4%) believe endpoint security can perform effectively as a secondary component. IDC found that the lesser the priority security leaders place on endpoint security, the more likely endpoints will fail. Instead of taking a strategic approach, organizations treat endpoint security as an isolated strategy, adding an average of 10 security agents per device according to Absolute’s 2019 Endpoint Security Trends Report. You can get a copy of the report here. Cybersecurity leaders realize that having a unified endpoint security strategy designed for persistence and resilience is far more effective than relying on an isolated one. The following findings from the IDC report illustrate how leaders view endpoint as integral to their cybersecurity strategies.
  • When enterprises are complacent about endpoint security, procurement standards become mediocre over time and leave digital businesses at greater risk. Followers lack security focus for everything other than desktops during procurement, for example. Though most enterprises include security requirements in procurement requests, those requirements are not specified equally for all endpoint device types, resulting in uneven security coverage and compliance risk.
  • Automated operating system image recoverability, detect and recover firmware integrity breaches, and enabling software monitoring from the hardware level are the three most in-demand endpoint security features for enterprises today. Leader enterprises have relied on persistent connections to every endpoint in a network to achieve greater resilience across their global networks. Absolute is working to change this relationship, allowing remote, disconnected endpoints to remain resilient, which reflects what leaders are looking for in terms of greater control and visibility for every threat surface or endpoint. Senior security leaders, including CISOs, are taking a more integrated approach to endpoint security by designing in persistence to the device level that thwarts breach attempts in real-time. Absolute is working to change this relationship, allowing remote, disconnected endpoints to remain resilient.
  • Enterprises who are cybersecurity leaders most value a device’s built-in security features when evaluating PCs, laptops, and mobile devices while followers value this feature least. 33% of enterprises who are leaders prioritize devices that have built-in security capabilities that immediately provide persistent connections across the network, enabling greater resiliency. The study also makes the point that endpoint security needs to be tamper-proof at the operating system level, yet be flexible enough to provide IT and cybersecurity teams with device visibility and access to modify protections. One of the leaders in this area, Absolute, has invented endpoint security technology that begins at the BIOS level. There are currently 500M devices that have their endpoint code embedded in them. The Absolute Platform is comprised of three products: Persistence, Intelligence, and Resilience—each building on the capabilities of the other. The following graphic from the IDC study illustrates the stark contrast between enterprises who are cybersecurity leaders versus followers when it comes to adopting build-in security capabilities to harden endpoints across their networks.

Conclusion

When 70% of all breaches originate at endpoints, despite enterprise IT spending more than ever in cybersecurity, it’s a clear sign that endpoint security needs to be an integral part of any cybersecurity strategy. On average, every endpoint has ten security agents installed, often leading to software conflicts and frequent endpoint encryption failures. Absolute’s latest study found that over 42% of endpoints experience encryption failures, leaving entire networks at risk from a breach. They’re most commonly disabled by users, malfunction, or have error conditions or have never been installed correctly in the first place. Absolute also found that endpoints often failed due to the fragile nature of their encryption agents’ configurations. 2% of encryption agents fail every week, and over half of all encryption failures occurred within two weeks, fueling a constant 8% rate of decay every 30 days. 100% of all devices experiencing encryption failures within one year. Multiple endpoint security solutions conflict with each other and create more opportunities for breaches than avert them. These are just a few of the many factors that make improving endpoint security a top goal all enterprises need to achieve in 2020.

%d bloggers like this: