Okta's 90-day push to improve its security architecture and operations after a crippling October 2023 data breach delivered quick results, CEO Todd McKinnon said. Okta over the past quarter reduced credential stuffing attempts and malicious bot traffic for its largest customers by more than 90%.
SSH Communications Security CEO Teemu Tunkelo left the Finnish cybersecurity vendor abruptly Monday after low license sales in late 2023 slowed the company's growth. No reason was given for Tunkelo's departure, which stems from an agreement between the CEO and SSH and will take effect immediately.
Britain's privacy watchdog ordered Serco Leisure, which operates nearly 40 leisure facilities, to cease using facial recognition and fingerprint scanning for clocking employees in and out, saying the company failed to demonstrate such technology was "necessary or proportionate."
In the latest weekly update, Jeremy Grant of Venable LLP joins editors at ISMG to discuss the state of secure identity in 2024, the challenges in developing next-generation remote ID proofing systems, and the potential role generative AI can play in both compromising and protecting identities.
Once the dust settles on the LockBit disruption, what will be the state of ransomware? Expect attackers to continue refining their tactics for maximizing profits via a grab bag of complementary strategies, including crypto-locking shakedowns and data-theft extortion.
California privileged access management vendor Delinea announced it will acquire identity governance and administration vendor Fastpath. "We believe privilege, not just identity, is the true security perimeter," said Delinea Chief Product Officer Phil Calvin.
Jeff Shiner, CEO of the popular password management company 1Password, said Monday that the company is acquiring leading device security platform Kolide in response to the "historic transformation of the workplace that demands transformative and intuitive new security solutions."
When a hospital or clinic is hit with a cyberattack, it often seems as if the electronic health record systems just can't win. Even if the EHR system is not the prime target of the attack, it's still frequently taken off line as the organization responds to the incident. What should entities do?
Protecting our identities is extremely important. An identity fabric is a robust identity control framework, but before you can roll one out, you need to understand all aspects of the IAM life cycle, assess all the areas of risk and make sure that remediation controls are in place.
In this 30-minute session, experts from CyberArk’s field technology office explain how to maximize risk reduction by seamlessly managing and securing all identities.
In the latest weekly update, Joe Sullivan, CEO of Ukraine Friends, joins three editors at ISMG to discuss the challenges of being a CISO in 2024, growing threats from disinformation, vulnerabilities in MFA, AI's role in cybersecurity, and the obstacles to public-private information sharing.
Entrust, a pioneer payment, identity and data security software and services provider, is in talks to acquire Onfido, a pioneer in cloud-based, AI-powered identity verification technology, for a reported $400 million. The combined solution will help customers fight identity fraud.
Breathless reports claim 3 million IoT toothbrushes have been remotely compromised and used to target unsuspecting businesses via distributed denial-of-service attacks. Just one problem: This story has more holes in it than the teeth of kid with a 10-pack-a-day Gummy Bear habit.
The number of victims who opt to pay a ransom appears to have declined to a record low. During the last three months of 2023, an average of 29% of organizations hit by ransomware paid a ransom - a notable shift from what ransomware watchers saw in recent years.
Okta announced layoffs amounting to 7% of its workforce in a restructuring that will cost 400 employees their jobs. Thursday's disclosure is the second round of layoffs the company has undergone in the past 12 months. CEO Todd McKinnon said the cuts are needed to run Okta with "greater efficiency."
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