Ciptor Security Insights

 

As the world continues to rely more on digital technology, businesses are no exception. The shift towards online transactions and communications brings with it new threats and risks. More and more businesses are falling victim to data breaches and cyber attacks. In the past, simply having a website was enough, but now it is essential for companies to protect their digital assets and adhere to compliance standards. In this post, we will explore the challenges of operating a business online, and provide tips and strategies for keeping your business safe.

 

The first step in protecting your company from cyber attacks is to take a proactive approach. Many businesses only act after a data breach has occurred, which results in increased costs and downtime. Companies should invest in preventative measures such as Passwordless Authentication, Digital Fingerprinting, Threat Management, and encryption. Regular risk assessments should be performed to identify potential vulnerabilities and address them accordingly.

 

Secondly, it is important to stop relying on outdated technology and processes. Passwords are easily compromised, and multifactor authentication methods that were effective a few years ago may no longer be enough. Companies should invest in new and more secure methods like passwordless authentication and zero trust. Ad-hoc security measures should be avoided as well. Formalized security processes should be established that should be audited by concerned authorities, establishing trust towards customers.

 

Thirdly, Modern companies need to depend on automation and artificial intelligence to scale expertise and reduce time-to-detection in case of a cybersecurity incident. By synthesizing security data, automated security processes can quickly respond before any damage occurs. Furthermore, AI can detect patterns and anomalies that would otherwise go unnoticed by human analysts, providing valuable insights about possible cyber threats.

 

Fourthly, a company's employees are often the weakest links in cybersecurity. Hackers often use phishing and social engineering to trick employees into divulging sensitive information or gaining access to company networks. Proper training and awareness programs should be in place to teach employees about the dangers of phishing emails and how to recognize and avoid them.

 

Finally, it's essential for companies to stay updated with compliance standards. Adherence to regulations such as GDPR, PSD2, NIS2, Dora, Bill C-26, CCPA, or HIPAA are not only legally required but also help establish trust and confidence among customers. Companies should monitor the latest compliance guidelines and make sure they have the right security controls and procedures in place.

 

Conclusion:

In conclusion, operating a business online comes with numerous challenges, and protecting it from cyber attacks and data breaches is not an easy task. A proactive approach, investment in modern security measures, and proper training are key to defending against cyber threats. Moreover, automation and AI can be leveraged to respond to incidents quickly and efficiently. Lastly, adhering to compliance standards is essential in building trust with stakeholders. By implementing these strategies, businesses can safeguard their digital assets and ensure their survival in the digital economy.

Unlocking the Power of Passwordless Authentication

Discover the simplicity and security of passwordless authentication. Say goodbye to the hassle of remembering and managing passwords. With the right platform, like IBM Verify Access, you can eliminate password-related support issues.

Enhanced Security to Protect Your Kingdom

Did you know that 61% of data breaches are caused by stolen or leaked credentials? Don't let your business fall victim to a bad actor. Passwordless authentication provides an extra layer of security, keeping your resources safe from potential ransom attacks.

Simple and Swift Access 

No more typing in usernames and passwords every time you log in. With passwordless authentication, all you need is to enter your username and touch a security key. It's that easy. Alternatively, you can even use your smartphone to authenticate through facial recognition.

Widespread Adoption for Maximum Convenience

Passwordless authentication is supported by big names like Google, Apple, Microsoft, and many others. Thanks to the FIDO2 standard, you can enjoy the benefits of passwordless authentication across various services and software.

Eliminating Phishing Threats

Say goodbye to the worry of phishing attacks. By removing the reliance on passwords, passwordless authentication eliminates the risk of falling victim to phishing attempts. Protect your organization and maintain smooth operations without disruptions.

A Wide Range of Benefits for Users

Passwordless authentication offers more than just enhanced security. You can remotely lock your computer using your smartphone, access computers offline, and securely gain entry to shared computers with a simple QR code scan. Maximize convenience while keeping your data secure.

Relieve IT Burdens and Cut Costs

By enabling users to self-manage their access privileges through a user-friendly portal, passwordless authentication reduces support tickets and frees up IT personnel to focus on other critical tasks. Say goodbye to long waiting times for password resets.

The Future of Authentication is Passwordless

With the introduction of new legislation mandating passwordless authentication for critical infrastructure industries, such as banking and financial services, it's clear that the passwordless revolution is here to stay. Stay ahead of the game and protect your business from state-sponsored hackers with passwordless authentication solutions.

Take the first step towards a more secure and streamlined authentication process. Embrace the power of passwordless authentication with IBM Verify Access today.

Minimize Risk Today

Discover the benefits of passwordless authentication for users, IT, and organizations. By removing obstacles between users and their resources, employees can boost productivity. Meanwhile, IT personnel can focus on important tasks without being overwhelmed by service tickets and management duties. Plus, with no vulnerability to phishing and ransomware attacks, organizations can drastically reduce their risk exposure.

And if you're switching to a hybrid cloud environment, taking advantage of passwordless authentication with IBM and ITSAFE now will streamline identity and access management and minimize risk before it becomes a pressing issue. Don't wait until it's too late.

Discover the top 10 Cyber Security Solutions for your business - safeguard your data, operations, and employees from cyber threats. Trust the expertise of Ciptor's cybersecurity professionals.

In our increasingly digital world, cyber-attacks on businesses are on the rise. However, there are ways to safeguard your company. Security experts Mikael Zaman Rodin and Tobias Gurtner from Ciptor emphasize the importance of a systematic and active approach to cyber security.

"Cyber security encompasses a wide range of factors, including technology, behavior, and knowledge. All of these aspects must be addressed, and companies must have safety measures in place. Mistakes can easily be made by users," explains Gurtner.

To help you protect your business, here are the experts' top tips for implementing vital IT security solutions.

1. Security Governance with IBM Security™ Verify Governance

Revolutionize risk modeling with a fresh perspective. Effortlessly track and analyze user access and activity with our cutting-edge solution. Say goodbye to outdated separation-of-duties policies and embrace a more effective approach. Introducing IBM Security™ Verify Governance: the innovative system that aligns with your business activities and simplifies compliance management. By associating specific tasks to purchase orders, we provide a seamless experience that speaks the language of auditors and compliance managers. Say hello to a more efficient and accurate way of managing risk.

Why IBM Security™ Verify Governance

  • Enhance User Satisfaction and Efficiency with Streamlined Provisioning and Self-Service Requests.
  • Ensure Regulatory Compliance and Data Security with Automated Audits and GDPR Controls.
  • Mitigate Business Risks and Identify Violations with Effective Access Controls.
  • Gain Insight into Risky Users and Insider Threats with Identity Analytics.
  • Lower Operational Costs with Automated Processes and Streamlined Identity Lifecycle Management.

2. IBM Security® QRadar® SIEM

Boost your security defenses against evolving threats
Cybersecurity attacks are getting increasingly sophisticated and relentless, requiring tremendous effort from security analysts to navigate through numerous incidents.

With IBM Security® QRadar® SIEM, we harness the power of machine learning and user behavior analytics to analyze network traffic and traditional logs. This enables our analysts to receive precise, contextualized, and prioritized alerts, making threat detection smarter. Our solution empowers you to respond swiftly to threats while safeguarding your bottom line.

Why IBM Security® QRadar® SIEM,

  • Boost Efficiency, Reduce Risk, and Save Time!
  • Find out how analysts saved an impressive 14,000+ hours over 3 years by eliminating false positives. Read the Forrester TEI study.
  • Experience a mind-blowing 90% reduction in incident investigation time.
  • Safeguard your organization with a remarkable 60% reduction in the risk of a major security breach

3. AI Digital Fingerprinting from NVIDIA®

Supercharge your cybersecurity with NVIDIA's digital fingerprinting AI workflow. As connected users and devices multiply, enterprises are drowning in data that they can't keep up with. But with our innovative technology, you can quickly identify and act on threats. By utilizing unsupervised learning and our Digital Fingerprinting solution, every user, service, account, and machine on your network will have a unique mark. Plus, our intelligent alert system provides valuable information for taking immediate action. Don't let data overwhelm your security – choose NVIDIA's powerful solution today.

Why AI Digital Fingerprinting from NVIDIA®

  • Efficiently reduce massive amounts of data
    Transform up to 100 million weekly events into 8-10 actionable events daily.
  • Rapidly uncover cybersecurity threats
    Cut detection time from weeks to minutes.
  • Enhanced performance with NVIDIA GPU acceleration
    Achieve complete data visibility across your entire enterprise with NVIDIA GPU acceleration.

4. Passwordless Authentication

Cyberattacks are increasing, particularly credential attacks. With stolen passwords easily accessible and automated attack tools, it's no surprise. 34% of respondents reported credential stuffing attacks, a significant increase from last year. Phishing attacks are also at a record high, with 89% of respondents experiencing at least one. Remote Desk Protocol attacks and push attacks are continuing to impact businesses. Overall, remote workers are frequently targeted, with a rise in push attacks and ongoing pressure from RDP and MitM attacks. The time has come to address the serious threat of weak passwords. In the past year, cyberattacks have been fueled by inadequate password protection, leading to significant damage. Just consider the Colonial Pipeline breach, which was caused by a compromised password and resulted in the shutdown of fuel supply operations.

Why Passwordless Authetication

  • Reduce Account-Takeover Fraud by 98.4% with our Solution
  • Say goodbye to Phishing Attacks
  • Enhance Desktop Security by eliminating password login
  • Improve User Experience and reduce frustration
  • Cut password reset tickets by 95% and save $7070 per request.

The NIS2 Directive is the EU-wide legislation on cybersecurity. It provides legal measures to boost the overall level of cybersecurity in the EU. The EU cybersecurity rules introduced in 2016 were updated by the NIS2 Directive that came into force in 2023.

NIS2 categorizes entities into two groups: important and essential. Both groups must meet the same requirements, but there are differences in the supervisory measures and penalties. Essential entities must comply with supervisory requirements from the start of NIS2, while important entities are subject to ex-post supervision, meaning action is taken if evidence of non-compliance is found.

The scoping exercise for competent authorities has been simplified by NIS2. A list of sectors has been defined and any large (headcount over 250 or revenue over 50 million) or medium (headcount over 50 or revenue over 10 million) enterprise from those sectors is automatically included in the scope. However, small or micro-organizations may still be included if they fulfill specific criteria demonstrating a significant role in society, the economy, or specific sectors or services.

MFA for Critical Infrastructure: Advice from a CTO

Tobias Gurtner
CTO, Ciptor IT-Safe

Implementation of an authentication solution requires careful consideration of security, encryption, and best practices. You need to do it efficiently, without risking security or user experience.

Throughout my 15+ years of experience in leading engineering teams, I have deployed over 10,000 authentication projects. My key insight is to enable our clients to focus on their core business while we concentrate on creating a secure and robust infrastructure. By establishing a strong foundation, our clients are able to seamlessly scale and integrate external technologies in-house, with MFA.

Plan for MFA

Before you decide to invest in MFA to secure your critical infrastructure, don’t do the mistake and build it yourself or buy it from an outdated technology platform. Let me explain why.

When it comes to securing your system, building a solution from open-source materials, or purchasing a basic MFA platform that lacks updated cybersecurity features might seem like a no-brainer. However, it's crucial to be aware of the potential risks and the needs of protecting your system accordingly. In today’s digital world companies experience more breaches and the cost of a breach continues to rise. The cyber criminals are highly skilled and trained and they have access to sophisticated tools. This requires your team to tackle these issues and create solutions to resolve them. Common issues include:

• Stolen or compromised credentials
• Ransomware
• Business email compromise
• Account takeover
• Password spraying attacks
• Credential stuffing
• Financial fraud
• Content scraping
• Denial of service attacks
• API abuse
• Phishing
• Vulnerability in third-party software
• Malicious insider
• Brute force
• Man-in-the-middle attacks
• Social engineering
• Malware

Use of stolen or compromised passwords remains the most common cause of a data breach and it had an average cost of USD 4.5 million (IBM cost of a data breach report 2022). Tools like AI, Bot Detection, Detection of Breached Passwords, DarkNet Alerts and Automated Threat Reports help significantly but for that you will need a team that understand complex cybersecurity models and have the latest technology in place.

Identity and Authentication Team

If you don't have a dedicated Identity and Authentication Team in place, you need to pull engineers from other projects to build these systems. However, this will impact engineering productivity and affect your company's growth. While customers demand for more features in your core offering, the best engineers are preoccupied with addressing such identity and authentication issues. Identity and authentication capabilities is time and work intensive and should not be a part of any companies core product.

The Identity and Authentication Team has a fundamental responsibility of protecting an organization's digital assets, making sure only authorized individuals can access sensitive information and resources. Roles that typically are included:

  • Identity Manager: Developing and implementing processes and tools for creating, managing, and revoking user identities within the organization's systems. This may involve user provisioning, role-based access control, and managing user directories or databases.
  • Authentication Manager: Evaluating, selecting, and implementing secure authentication methods. The team ensures that the chosen authentication methods are aligned with industry best practices and meet the organization's security requirements.
  • Access Control Manager: Defining and enforcing access control policies that determine who have access to specific resources and data within the organization. This includes implementing mechanisms like access control lists (ACLs), permissions, and authorization frameworks.
  • Security Auditing and Manager: Conducting regular audits and assessments to identify potential security vulnerabilities in the identity and authentication systems. The team monitors logs, user activity, and access patterns to detect and respond to any suspicious or unauthorized behavior.
  • Incident Response Manager: Developing and implementing incident response plans specific to identity and authentication-related incidents. This includes procedures for handling compromised accounts, password breaches, or unauthorized access attempts.
  • User Education and Awareness Manager: Promoting security awareness among users, educating them about best practices for authentication, recognizing phishing attempts, and safeguarding their devices and accounts.
  • Compliance and Regulations Manager: Ensuring that the identity and authentication systems comply with relevant regulatory requirements, industry standards, and data protection laws. The team stays up to date with evolving regulations and adjusts security measures accordingly.
  • Collaboration Manager: Working closely with other IT teams, such as network security, application development, and system administration teams, to integrate identity and authentication solutions into the overall IT infrastructure and ensure a secure environment.

Innovate without compromise

Identity and Authentication are today top-of-mind and a strategic part of companies roadmap. Keeping up with market trends is key to your business, that is how we all drive growth. Make sure your developers are 100% focused on your core business, don’t take their valuable time and attention away from it. Competition is high today, and your end users have endless online options. For businesses to stay competitive, they are creating new ways of accessing their services such as mobile apps, e-commerce, and more. With so many ways to connect to digital platforms, customers need fast and secure access to them. Identity and Authentication Management is a constantly evolving field, and it can be challenging for businesses without internal resources to create a solution that meets all requirements while ensuring security. Choosing the right solution helps to prevent lost revenue, missed deadlines, and keeping customer trust.

Getting Customer Identity right is hard, particularly when you’re reinventing it from scratch. Identity and Authentication is our core product, and we want to help you deliver your innovative business using our innovative identity and authentication solutions–without compromise.

We are always working hard to enhance our services, enabling businesses to operate efficiently and safely. To improve productivity, we have added more capabilities to our CaaS (Cybersecurity as a Service). You can now create a unique identifier for each device based on its software, hardware, and network configurations. This identifier can be used to detect unauthorized access attempts and block them before they cause harm.

We are proud to be a trusted Identity and Authentication partner for our customers, delivering frictionless, scalable, user-friendly, secure, and highly extensible platforms for customer and workforce applications. We prioritize security in our product development, ensuring that each feature is secure-by-design. Our solution is tried and tested, securing organizations globally, with deployments in complex environments such as finance and banking, critical infrastructure, and government. Our security and engineering teams monitor activity and infrastructure, 24/7, 365 days a year.

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