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The time is not far, where Enterprises Can Go Password Less
While the world struggles to adapt to the pandemic-induced ‘new normal,’ many businesses have chosen to keep their employees’ home for more extended periods. Some companies also adjust their business models and implement hybrid ones in which workers have ease of functioning both in the workplace and remotely. This hybrid workforce has already presented IT teams with numerous challenges, one of which is - password updates and maintenance. Passwords have been a significant source of annoyance for both IT teams and employees, cutting across all business functionalities and departments. And, the only solution to this issue is to go Passwordless with a zero trust policy. In reality, today's IT teams spend an average of six hours a week on password-related problems, up by almost a quarter from the previous year. Furthermore, the difficulty of recalling, resetting, and modifying passwords encourages users to reuse their credentials across accounts, including personal and business logins, placing sensitive data at risk. Although passwords have always been a prime target for malicious actors, the advent of remote work has only exacerbated the problem. Threat actors continue to take advantage of moments in crises like COVID-19, relying on – consumers – not adopting online security best practices, from password stuffing to brute force attacks. So, what can be done to make passwords easier to remember? This is where the concept of passwordless authentication comes into play, especially when companies are shifting to remote working security.
The safest and the easiest way to fight rising phishing scams is to use reliable and robust authentication, such as passwordless – suggest experts. With the transition to remote work security, the end-user has a greater responsibility to observe security best practices. However, businesses cannot rely exclusively on their users to detect and deter account takeover attacks; employee education and training are insufficient. Two-fBy VARINDIA | 22 views
Unique Cybersecurity Predictions from Zoom starting from 2022
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Security hiring boom to continue
To adapt to hybrid working environments, more companies will drive to adopt the Zero Trust security model. Conversations around protecting the hybrid workforce from risk will lead security professionals to adopt modern tools and technologies, like multi-factor authentication and the Zero Trust approach to security. Hence, companies need these tools to make sure their employees can get work done as safely as possible from wherever they are -- commuting, traveling, or working from home -- and that all of their endpoints are secured with continual checks in place. Going forward, the security leaders will step up their protections against third-party risks. In security, you always need to be thinking ahead about what might come down the pipeline. From SolarWinds in December 2020, to Colonial Pipeline and Kaseya in 2021, our industry saw a distinct increase in supply chain attacks. CISOs and CSOs will need to make sure their vendors are also secure. This includes looking at third parties related to the business and assessing how to best manage any risks.
Secondly, more public technology companies will create dedicated cybersecurity committees on their boards of directors. One of the most impactful things that was done at Zoom this past year was to institute a three-person committee on its board dedicated to cybersecurity matters. Having security industry experience at this level is incredibly valuable, readily addressing concerns and issues in industry shorthand. While this approach is still relatively new, it has been incredibly beneficial and zoom wished it did it sooner. It was heard from peers expressing strong interest in recreating this approach at their own companies, which lead to expect this will be a priority for organizations in the new year. Finally, the security hiring boom will continue. We know that cybersecurity professionals are a hot cBy VARINDIA | 30 views
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