Hackers stole customer information but not passwords when they broke into password manager LastPass' third-party cloud storage service, the company disclosed. An unauthorized party used information stolen during a dayslong incident in August to exfiltrate the data.
Okta has stemmed employee attrition and accelerated customer identity sales by clarifying product function but now has to grapple with longer sales cycles for small to midsized businesses. Okta says efforts to reposition its customer identity offering over the past quarter have borne fruit.
A longer sales cycle for small businesses and delayed subscription start dates for large enterprises have forced CrowdStrike to lower its sales forecast going forward. The Austin-based endpoint security company says deals with SMB clients took 11% longer to close in the fiscal quarter ended Oct. 31.
Successful account takeovers are one of the most common ways that organizations end up with attackers in their systems. But strong authentication can thwart even the most clever phishing campaigns, says Brett Winterford, regional chief security officer for APJ at Okta.
The divide between mobile app detection and IAM has fueled cyber incidents and breaches as remote work has expanded. Workers using personal smartphones don't want to install corporate endpoint management products but still need to ensure both user and device are protected, says RSA CEO Rohit Ghai.
Creativity and innovation give businesses a competitive edge. Some companies keep innovations as secrets, and because the secrets are of great value to those companies, they take steps to ensure the information is protected. A trade secret is a type of intellectual property, and it's often the key to competitive...
The stark consequences of ransomware became painfully clear in Australia this week as attackers began releasing data from health insurer Medibank, one of the country's largest health insurers. Also, leaked chat logs reveal how the attackers accessed Medibank's systems.
Malware activity has increased 28% since last year, and botnet and exploit activity are up over 100%, according to CyberTheory's 2022 Third Quarter Review. CyberTheory Director Steve King says "a new approach to cybersecurity defense" is needed to fight today's cybercrime.
Who is attempting to extort Australian health insurer Medibank? Why did Medibank tell its attackers it wouldn't pay a ransom? Will this deter future cyber extortionists? Here are a few thoughts on the high cybercrime drama playing out.
DropBox is the latest company to have employees fall for phishing emails tricking them into supplying login credentials and a one time password to threat actors. Hackers got away with copies of 130 code repositories. The company says it's speeding up an internal transition to Web Authentication.
Customer engagement platform Twilio says the number of customers affected by a phishing campaign that coaxed employees of the San Francisco company into permitting attackers to bypass multifactor authentication protections will stand at a final tally of 209.
Synthetic identity fraud is the fastest-growing financial crime in the country. By combining real and fabricated personal information, a synthetic identity is specifically designed to look and act like a valid identity - until it doesn’t, leaving financial losses and criminal activity in its wake.
In Part 3 of a three-part video series, CyberEdBoard member Andrew Abel, a cybersecurity and zero trust consultant, and Chase Cunningham, CSO at Ericom Software, describe the operational and business benefits of creating an identity strategy.
Health insurer EyeMed Vision Care will pay New York regulators $4.5 million to settle an investigation into its 2020 data breach incident. States are becoming more aggressive in applying enforcement actions against data breaches, say regulatory attorneys.
The chief executive of alcohol delivery app Drizly is set to come under a decadelong requirement imposed by the U.S. Federal Trade Commission to ensure whatever company he oversees has an information security program. A hacker stole customer records of 2.5 million individuals from Drizly in 2020.
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