8/19/2023 0 Comments Cyber security breach meaning![]() ![]() Kindervag advised enterprises not to protect all surfaces simultaneously, but to opt instead for an iterative approach, telling VentureBeat that this is a proven way to scale zero trust without asking the board to fund a capital equipment-level investment.Īttackers’ fine-tuned strategies are getting into victims’ heads and shortening the time from initial contact to when a target actually falls victim. Getting basic cybersecurity hygiene right at scale and enforcing zero trust incrementally, protecting one surface at a time, is what cybersecurity expert John Kindervag advised organizations to start with during a recent interview with VentureBeat. Instead, companies would be more secure if they first assumed a breach would happen, then took preventative measures before one did. The answer to this challenge isn’t to double spending on training or, worse, continue the ineffective practice of trying to trick employees with fake phishing emails. One of the most powerful takeaways from the report is that despite increased spending, cybersecurity is not pivoting fast enough to protect people from advanced pretexting attacks. According to Internet Crime Complaint Center (IC3) data, the median theft amount for BEC has increased to $ 50,000. The well-known gift card scam has become so commonplace that the Federal Trade Commission published guidance on how to avoid it. VentureBeat has learned of dozens of tech companies routinely attacked with pretexting as part of orchestrated social engineering attacks. We often want to help colleagues, friends and family when they request cash or other forms of financial help. Verizon’s 2023 Data Breach Investigations Report (DBIR) reflects how fast the threatscape is evolving to prey on people’s good nature. Attackers are finding new ways to dupe victims for dollars Organizations must move beyond training and act to provide a strong defense baseline. Every cybersecurity provider needs to step up efforts to improve identity, privileged access, and endpoint security to deliver the value their customers need. Attackers are capitalizing on stolen credentials, privilege misuse, human error, well-orchestrated social engineering, business email compromise (BEC) and, doubling in just a year, pretexting. Statistics from 2022 and into 2023 show the cybersecurity industry has more work to do to people-proof attack vectors. Join top executives in San Francisco on July 11-12, to hear how leaders are integrating and optimizing AI investments for success. ![]()
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