Monday 31 October 2022

What Brands Need to Know for Building the Future of Data Compliance?

Data compliance is swiftly becoming the need of the hour for businesses thinking to step ahead of the competition. However, building the future of data compliance requires stringent data privacy and security policies and best practices.

We live in a digital-first era where data is the fuel to keep businesses up and running. But the way brands use this data makes all the difference.

Unlike the conventional times when brands used to collect heaps of customer data without their consent, organizations must first build trust in clients before expecting even a bit of detail.

Customers are already interacting with brands like Google, Amazon, and Apple, so they know what a great user experience is. Also, they’re aware of their privacy rights since global data and privacy regulations are becoming increasingly stringent.

So, if a business isn’t building trust in potential clients by offering reliable data security and privacy, it would lag behind its competitors.

Let’s look at some aspects that can help organizations stay ahead of the curve by leveraging digital privacy for compliance management.

What is Data Compliance? Why Must Businesses Adhere to Data Compliance?

Data compliance could be defined as identifying the applicable governance for customer/user data security, protection, management, storage, etc., and helps establish strategies with protocols to ensure data is secure from unauthorized access and usage.

In a nutshell, data compliance law states how organizations (regardless of their industry) meet regulatory and legal requirements for collecting, processing, and maintaining personal information.

A breach in data privacy can lead to legal consequences and may be followed by investigations and fines.

But why do organizations need to immediately think about invoking the true potential of data compliance and privacy?

Well, consumers or employees can respond with civil lawsuits whenever their privacy is compromised while an organization collects and processes personal information.

Apart from this, data and privacy compliance laws and regulations help protect consumers in different countries by ensuring data is handled appropriately.

Why is Data/Privacy Compliance Crucial Today?

One of the biggest reasons organizations must comply with privacy regulations is to avoid heavy fines. The ones that don’t implement the privacy regulations could be fined up to millions of dollars and face penalties for years.

Due to increased regulations, including the EU’s GDPR and the United States’ CCPA, that protects unauthorized access to crucial data, privacy compliance is now crucial for every business.

Also, the increased number of cybersecurity threats pertaining to customers’ crucial information has impacted businesses; businesses must incorporate a robust security mechanism for better protection.

Incorporating a Customer IAM For Quickly Adhering to Global Compliances

A customer identity and access management (CIAM) platform help businesses comply with every data regulation and privacy compliance, including the GDPR and the CCPA.

A CIAM could be the best way to stay ahead of the competition since it offers endless business opportunities that help enhance leads and eventually improve conversion rates.

As a leading GDPR-compliance-ready CIAM platform, LoginRadius works seamlessly for any business model.

LoginRadius simplifies data compliance by bringing all the consumer data under a single roof, which enables complete profile management of an individual consumer in a single intuitive admin console.

Our platform ensures you remain compliant with GDPR and stay ahead of your competitors when it comes to securing essential consumer data.

In Conclusion

The surging number of data breaches and customer identity thefts have given rise to the need for a more robust compliance management system.

Incorporating a customer identity and access management solution can be a game-changer for businesses striving for digital excellence by adhering to all the legal compliance requirements.

And with LoginRadius CIAM, businesses need not worry about getting compliant with global data and privacy regulations, including the GDPR and the CCPA. The cutting-edge CIAM offers a seamless user experience reinforced by robust security and privacy.

Originally published at LoginRadius

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Thursday 27 October 2022

Public Cloud Risks - Is Your Organization Prepared for Cloud Threats?

The dawn of cloud computing created endless business opportunities for organizations seeking substantial growth by delivering a flawless user experience backed with robust security.

Regardless of the niche, enterprises are now leveraging the public cloud to its full potential and ability to stay ahead of the competition.

Moreover, public clouds have significantly increased the deployment of virtual machines since it offers flexibility and is quite affordable, even for startups and small enterprises.

However, the rapid adoption of the public and hybrid cloud doesn’t necessarily mean that sensitive information stored on remote servers or shared clouds is secure.

A recent survey revealed that phishing is one of the most common cloud attacks, with 73% of respondents agreeing that their organization faced a phishing attack.

And phishing is just one risk; plenty of other underlying risks can affect your cloud security.

Hence, businesses must understand the risks associated with public cloud security and take timely action to avoid financial and reputational losses.

Let’s understand the risks associated with the public cloud and how businesses can take timely action to avoid the risks.

Risks Associated with Public Cloud Infrastructures

Since several risks can impact a business, here’s the list of some of the most common risks that every business should be aware of:

#1. Lack of data control.

One of the biggest challenges with the public cloud infrastructure is that the data is stored outside the enterprise’s IT environment. And this can be pretty risky from an information security perspective.

Hence, most public cloud providers suggest enterprises create backups of their sensitive information to deal with any risky situation.

Besides, privacy risks, especially in shared cloud infrastructure, can't be overlooked. And the sensitive data is beyond the control of the organization.

So, businesses need to invest in cloud security best practices, including multi-factor authentication (MFA) and risk-based authentication (RBA).

#2. Shared access data privacy risks.

Since most enterprises aren’t relying on renowned cloud providers, including Microsoft, Google, and Amazon, the risk of data privacy and identity theft lingers.

Moreover, cybercriminals are always searching for ways to breach security by bypassing the poor line of defense. In a nutshell, they exploit destructive authentication mechanisms.

So, how should an organization protect the privacy and security of its consumer information? Users may be misusing their account verification. It's in these cases that the Zero Trust Model works.

The zero trust model believes no user can be trusted, and verification is no longer an option. It supports the theory that all users must be authenticated, authorized, and regularly verified to ensure they can be trusted with the data in any business hierarchy.

#3. Availability risks.

Another major issue that can affect the overall security of your cloud is connection failures and cloud server downtime.

Many businesses have faced DDoS (distributed denial of service) attacks in the last couple of years, leading to identity theft and financial and reputational damages. And the number of such attacks is surging exponentially.

DDoS attacks are pretty common in private cloud infrastructure, and one robust way to avoid such attacks is to choose servers offering 100% uptime.

A cloud-based CIAM (customer identity and access management) solution like LoginRadius, has set up automated failover systems in all layers of our architecture, which is why it ensures 99.99% uptime every month.

Final Thoughts

The increasing number of enterprises leveraging the cloud has increased the risk of data breaches and identity thefts.

Businesses considering leveraging the private cloud shouldn’t overlook the security aspects and must consider relying on n robust security infrastructure.

Enterprises thinking about accelerating business growth through cloud adoption shouldn't miss the aspects above.

Originally published at LoginRadius

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Why is cybersecurity so crucial for Startups?

Think again for all the startups who think your data security doesn't matter!

Cybersecurity is important, even for small companies. If you're breached, you could end up losing customer trust and even losing customers as a result of the incident. Because if you are a small company, and some serious issue, data incident, or cybersecurity breach happens, customers are the first to go because they would see it as a risk. So it has a tremendous impact indeed, especially for a small startup.

Startups have unique challenges when it comes to cybersecurity—but we can help! Check out our video below ?? on "Why Is Cybersecurity So Important for Startups?"

Major impacts for startups if you don't take care of cybersecurity:

- Operational Downtime

- Customer Trust

- Lose customers

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Wednesday 26 October 2022

The Future of Password Managers and How AI Will Change The Game

Passwords are a necessity for safety in the digital world. But with the increasing number of passwords, it is difficult to remember them all. If an attacker gets access to your password, they can access all of your information. This article will explore the dangers of using passwords and how you can protect your digital assets without worrying about them!

Password managers help users by taking care of passwords and other security measures. A password manager is a software program that helps you to keep track of your passwords by storing them in an encrypted database. It also has various security features like auto-lock, two-factor authentication, and strong encryption, making it more secure than just plain text passwords.

Password keychains are one way to store your passwords offline, but with the risk of being stolen or lost. Password managers are a better alternative because they can be accessed from anywhere and have many features that make them safer than password keychains.

Password Security Concerns

Passwords are the weakest link in the security chain. They are also notoriously difficult to remember, which is why many people use the same password for multiple accounts.

The problem of passwords is not new, but it becomes more pressing as technology advances and more and more aspects of our lives become connected. Inevitably, there will be a time when someone will hack into your online bank account, steal your identity and use it to commit fraud or worse.

Therefore, it is essential to take some simple steps to improve password security.

The best way to protect yourself from this is by using different passwords for every site you use and creating strong passwords that are difficult for hackers to crack. You should also never share personal information online or over the phone.

Password Manager Alternatives for Your Security Needs

A password manager is a software program that saves passwords for the user, thus protecting against phishing. However, several alternatives to a password manager can provide the same level of security.

Biometric security is one of the best alternatives to a password manager. It works by identifying an individual based on their unique physical attributes. Fingerprints or facial recognition are two of the most common biometrics used today.

Another alternative to a password manager is using two-factor authentication (2FA). When logging in, you need your username and password and a code sent by text message or generated by an app like Google Authenticator.

How AI will Change the Game

The future of password managers is already in the making. You can find the most promising innovations about changing the world forever.

1. Cybersecurity is getting increasingly important for everyone, including those who don't work in IT. That's why we need to ensure our passwords are as secure as possible and use different passwords for every account we have.

2. Password managers are a great way to generate strong passwords and keep them safe from hackers, but one major problem is that they're not very convenient to use!

3. Password managers are fully integrated into our browsers and apps so that they can be used without even opening an app or typing a single letter!

4. Some innovations could make password management easier - like fingerprint and facial recognition on smartphones!

AI is not just a trend. It is a reality that will change the way we live and work. AI software has already changed the way we think about security and passwords.

We are all aware of how easy it is to get hacked nowadays and how important it is to have strong passwords to protect our data. But did you know that with AI, your password manager can do much more than just store your passwords?

AI in security software will soon become an essential part of our lives as people are becoming more dependent on the internet for everyday life.

How AI can help secure passwords

AI security software can help us determine if someone has been using the application and/or computer without permission while we were away from it by monitoring what they do on our computer through keystrokes or mouse movements.

With AI integrated into password managers can remember complicated passwords and generate new ones when you forget yours.

Conclusion

It is no secret that passwords are a pain to keep up with. They are often forgotten, lost, and stolen. And when they are stolen, it can be difficult to recover from the damage of getting hacked.

The future of password management is here, and it's upside down!

How about a world without passwords? Some innovations happen where passwordless and passkeys make it possible to remove passwords. You can be confident that your accounts will stay safe and secure if there are no passwords.

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Monday 17 October 2022

Implementing Zero Trust? Make Sure You're Doing It Correctly

With the growing number of cyberattacks and data breaches, businesses are swiftly inching towards more robust security mechanisms. And zero trust architecture is one of them.

Zero trust may be potent for reinforcing overall security, but chances of sneaking and security breaches aren’t always zero. However, if not implemented correctly, it could lead to various security and user experience issues and hampers overall business growth.

Let’s understand the aspects of implementing zero trust architecture and how businesses can reap maximum security and user experience benefits.

What is Zero Trust Security? Why it Matters Now More than Ever?

Zero trust can be defined as the security concept based on a belief that enterprises shouldn’t automatically trust any device or individual, whether inside or outside its perimeters and should strictly verify everything before granting access.

In a nutshell, zero trust relies on the principle of “don’t trust anyone.” This architecture cuts all access points until proper verification and trust are established. No access is provided until the system verifies the individual or device demanding n access to the IP address, instrument, or storage.

This strategic initiative helps prevent data breaches as the concept of trusting anyone is eliminated, even if the access request is from within the network. Hence, implementing zero trust architecture ensures the highest level of security and mitigates the risk of a data breach or unauthorized access.

Implementing a zero-trust architecture in today’s era is crucial since cybercriminals are exploring new ways of breaching organizations' security. Moreover, in a post-covid world, where remote working is swiftly becoming the new routine, identity thefts and unauthorized access are creating big hurdles for enterprises.

Hence, it’s crucial for organizations to think outside the box and not just rely on conventional security mechanisms, including multi-factor authentication. Zero-trust architecture has become the new normal.

Consequences of Poor Implementation of Zero Trust Architecture

As discussed above, zero trust architecture helps improve overall security and enhances user experience. Hence, a little loophole in implementation could cause financial and reputational losses.

On the other hand, the lack of a multi-phased approach and transparency while implementing zero trust could further increase the risks since employees aren’t aware of certain aspects of data security. In a nutshell, transparency while implementing zero-trust architecture is crucial.

How Businesses Can Ensure Complete Transparency While Implementing Zero Trust Architecture?

#1. Prioritizing employee education

Educating your employees is perhaps the most crucial aspect of maintaining transparency since it clarifies the zero-trust architecture and how it works.

Organizing training sessions could help them better understand everything related to security-related issues and how zero trust could help overcome the same.

Apart from this, employees can easily support the overall access requirements for vendors, employees, and customers while mergers and acquisitions (M&A).

#2. Promoting cross-department collaboration

Managing access across diverse departments is conventionally handled by integrated employee-centric access management solutions. And this could be a risky thing.

Implementing zero trust through an identity management platform for seamless access management for cross-department collaboration helps ensure complete transparency throughout the organization.

A CIAM solution helps manage things seamlessly and offers complete transparency regarding access management within employees to employees, machines, and machine-to-machine communications.

Final Thoughts

Zero trust architecture is undeniably helping brands reinforce their overall security infrastructure, but consequences related to bad implementation shouldn’t be ignored.

A reliable customer identity and access management (CIAM) could seamlessly help businesses integrate zero-trust architecture across their platform. It offers complete transparency reinforced with stringent security and a great user experience.

Originally published at LoginRadius

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Cyber Attack - The Anatomy of an Average Hack and The Most Common Entry Points

A cyberattack or hack can be perpetrated by individuals or a group of individuals for financial gain, espionage, or simply mischief. Threat actors use many methodologies and vectors to hack or infiltrate computers or network systems to compromise underlying information systems' confidentiality, integrity, or availability. For instance, they exploit weak passwords and software vulnerabilities and use social engineering tactics as the most common entry points to barge into an organization's network periphery. Let's see how an average cyber hack occurs – the motivation behind a cyberattack, the steps involved, and the most common entry points for a cyber adversary.

What is a Cyberattack?

A cyberattack attempts to disrupt or disable a computer system for various purposes, from accessing confidential information such as Intellectual Property or Trade Secrets to bringing the organization to a standstill. Cyberattacks are of multiple types, such as distributed denial of service (DDoS) attacks, malware infections, phishing attacks, MitM (Man-in-the-middle) attacks, etc.

The Motivation Behind Cyberattacks

Understanding the purposes and motivations behind cyberattacks can help security professionals and individuals implement effective preventive control measures around information systems. There can be many motives behind a cyber attack, such as:

Financial: Some attackers might be motivated by financial gain. They might try to steal money or sensitive information they can sell on the dark web.
Political: Other attackers might be motivated by political reasons. They might want to harm a company or organization because of their beliefs or views.
Revenge: Some attackers might be motivated by revenge. There is a possibility that the organization might have wronged them that they are attacking and want to get back at them.
Curiosity: Finally, some attackers might be motivated by curiosity. They might be interested in seeing what they can do or how they can disrupt a system.

Anatomy of an Average Cyberattack: How Does it Work?

Skilled malicious actors generally carry out a cyberattack with repeated attempts and stages. Cyberattacks can take many forms, and understanding the stages involved can help organizations better protect themselves. Typically, a cyberattack involves the following steps:

The Recon Phase

The first stage is surveillance or reconnaissance. In this stage, the hacker tries to find as much information about the target, including what software and security measures are in place. This information can be used to plan a more successful attack or is sold to other threat actors who may not have the time or resources to gather the information themselves. There are many different ways to collect information about a target. The most common methods are:

Scanning for security vulnerabilities in various operating systems and applications
Probing for information about the network architecture, IP addresses, etc.
Gaining information about the people who use these information systems and the processes they follow.

2. The Control Phase

Next is the stage where the hackers take control of the network. They need a base from which an attack can be well-planned and executed. This can be done in several ways, such as:

The information gathered in the previous phase creates ways to get into the target system or network.
Crafting enticing spear-phishing emails that seem to be coming from an authentic source or contact
Creating identical but fake web pages captures sensitive information such as usernames and passwords.
Exploiting vulnerabilities in the system or using social engineering techniques to trick users into giving up their login credentials.

3. The Attack Phase

Once the cyber adversaries have gained access to the system, they can execute the attack. It may involve installing malware, stealing data, or simply vandalizing the system.

Attackers in this phase may install backdoors and programs that can help them remain undetected in the system.
As the attackers have unrestricted access to the enterprise network and admin accounts, they start executing the commands and program code to wreak havoc on the system.
This step involves delivering the attack and stealing, modifying, or destroying information.

4. Post Attack Phase

Once the attack objective is achieved, the attackers could

Start to disrupt the operations of the target organizations
Shutdown equipment or completely disable the systems
Steal confidential and sensitive data and share data in the public domain or sell it on the dark web
And finally, a skilled hacker always tries to cover his tracks once he has achieved his objective, called exfiltration

In the aftermath of a cyberattack, businesses must take remedial steps to mitigate the damage. This may include conducting a forensic analysis to determine the extent of the breach and identify the perpetrators, notifying customers and employees about the attack, securing the network, and protecting against future attacks.

The Most Common Entry Points for Cyber Adversaries

Cyber adversaries use a variety of entry points to compromise organizations. Knowing where these entry points are and how they are used can help you better protect your organization from a cyberattack. Some of the most common entry points are:

Phishing

Phishing is a social engineering tactic used by cybercriminals to lure the end-user into divulging PII (Personally Identifiable Information) or other confidential information. For instance, these malicious actors use fraudulent emails purporting to be from a trusted organization or individual to steal information such as passwords or credit card numbers. The emails may contain links to malicious websites or attachments that can download malware onto the recipient's computer.

Injection Attacks

Injection attacks occur when user input is not sanitized correctly, allowing malicious code or commands to be executed. This can allow an attacker to gain access to sensitive data or take control of the system. Several different ways an injection attack can occur, for example, SQL injection, Cross-site scripting, etc.

Rogue Access Points

One of the most common ways cyber adversaries gain access to organizations is by exploiting rogue access points. These are unauthorized wireless access points set up by cybercriminals to allow them to gain access to networks quickly. They can be challenging to detect, as they look like legitimate access points.

Cross-Site Scripting

Cross-Site Scripting (XSS) is a vulnerability that allows an attacker to inject malicious code into a web page, resulting in the execution of the code by unsuspecting users who visit the page. The code can steal user data, execute commands on the user's computer, or perform other malicious activities. XSS can be exploited by sending a specially crafted payload to a user logged in to a vulnerable website. The payload can be delivered in an email, URL, or attachment. Attackers can also exploit XSS vulnerabilities to inject malicious code into third-party websites that users of the vulnerable website visit.

Preventive Measures And Safeguards Against Most Common Cyberattacks

Business leaders need to realize that there is no "one-size-fits-all" solution or strategy to counter cyber threats. However, there are a few points that can help organizations prevent cyberattacks to a significant extent, such as:

Using comprehensive email security solutions for protection against phishing attacks.
Training employees to be aware of phishing attacks and other social engineering techniques to ensure they don't end up disclosing any information they are not supposed to.
Using web filters to block access to malicious websites and third-party applications that could be used to launch attacks.
Improving the overall cybersecurity posture by implementing firewalls, intrusion detection/prevention systems (IDS/IPS), and anti-malware solutions.
Implementing robust authentication methods, such as strong passwords, two-factor authentication (2FA), multi-factor authentication (MFA), etc.

Final Words

In summation, while the threat vectors could slightly vary from industry to industry, the anatomy of an average hack remains the same, and it goes through the four stages as discussed above. The primary takeaway is that one can proactively protect information assets from malicious actors by understanding how threat actors operate. Knowing common entry points and how they are exploited can go a long way in helping you become more aware of the modus operandi of malicious actors so that you can take preventive security measures accordingly and improve your organization's cybersecurity posture.

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Friday 14 October 2022

What is Federated SSO (Single Sign-On)?

In a world where digital experiences play a crucial role in the overall success of a business, federated SSO (single sign-on) helps brands deliver seamless authentication experiences across multiple platforms.

With fed SSO, businesses can bridge the authentication gap between multiple platforms and enable users with cloud identity services to access services offered by one or more partner businesses/media without needing a separate login at the partner platform.

Authentication plays an essential role in the overall success of a business both from an information security perspective and a user experience perspective.

Hence, neglecting its worth could cause brands to lose their potential clients, and their loyal customers may also switch.

Let’s understand the aspects of fed SSO and how businesses could leverage it to deliver the highest level of user experience reinforced by security.

But first: SSO!

Single sign-on provides a unified login experience to users that wish to switch platforms/applications of the same vendor. In a nutshell, SSO ensures smooth authentication and minimizes fatigue while users switch between different applications/media of the same vendor.

SSO is practiced within an organization to ensure users access inter-connected platforms without needing to re-enter credentials or re-authenticate themselves.

What is Fed SSO? How Does it Impact Businesses?

Federated single sign-on (SSO) establishes inter-organizational trust that helps seamless authorization and authentication of each others’ users.

Fed SSO generates an authentication URL, and when the user clicks on the URL, the cloud identity service makes a digitally signed token to verify the partner platform. And this token is further submitted by the web browser to the partner’s SSO during a new session.

The federated SSO works by offering a partnership role involving two parties, including the service provider (SP) and identity provider (IdP). The identity provider provides a digital token, and the service provider validates the digital token and creates a new session offering access to the program/application.

Who Needs Federated SSO?

Businesses concerned regarding their brand reputation in delivering a rich consumer experience without compromising security shouldn’t ignore the true potential of federated SSO.

With federated SSO, businesses can overcome the hassle of resetting passwords and ensure their customers can flawlessly switch between applications/platforms of different service providers without worrying about their security.

Businesses requiring higher peak load management and an identity management system to provide real-time load management should choose a reliable CIAM solution offering federated SSO capabilities.

Why Choose LoginRadius Federated SSO?

With LoginRadius federated SSO, you can accept tokens and identities issued by niche identity providers of your choice and allow your customers to authenticate on your website for seamless transactions.

Moreover, identity providers can be your organizational partners who already issue and hold digital identities/tokens/tickets. With LoginRadius Federated SSO, your business can leverage that identity and make authentication seamless for your customers.

LoginRadius guarantees unparalleled uptime of 99.99% every month. The cloud-based identity provider manages 180K logins per second, 20 times more than its major competitors!

Apart from delivering the industry's best consumer, the following are a few ways the platform excels compared to its competitors.

Scalability: LoginRadius ensures your consumer base accommodates your consumer base. It can autoscale and handle hundreds of applications. The LoginRadius Cloud Directory automatically scales to handle incremental data in real-time.
Security Certifications: LoginRadius complies with international regulatory bodies like AICPA SOC 2, ISAE 3000, Cloud Security Alliance, Privacy Shield, and more.
Auto Scalable infrastructure: The platform offers an auto-scalable infrastructure to handle surges during daily and seasonal peak loads. It automatically accommodates data storage, account creation, consumer authentication, and new applications.
Globally compliant: The LoginRadius platform also complies with major global compliances like the GDPR, CCPA, etc. You can keep track of your consumers, manage preferences, and customize the kind of consent consumers want.

In Conclusion

With businesses swiftly adopting technology to embark on a digital transformation journey, federated SSO can help quickly navigate the journey.

Undoubtedly, brands not leveraging a reliable SSO partner to offer seamless cross-platform authentication and authorization will lag behind the competition.

Businesses can invoke the true potential of inter-business SSO through LoginRadius CIAM and offer a rich customer experience and enhanced security.

Originally published at LoginRadius

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Tuesday 11 October 2022

Are you ready to start a new business?

Many people like starting a business because they feel they have a great idea or can do something better than someone else.

Do these people consider the challenges of starting a business?

I want to explain the reality of starting a business, in this video.

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