Game of Thrones Hack: Winter Has Come for Passwords

The recent security breach at HBO of confidential data including Game of Thrones scripts, cast personal details and administrator passwords highlights the vulnerability of password-only protection. The breach involved hackers stealing about 1.5 terabytes of data from HBO systems — more than seven times as much as the 200 gigabytes taken in the 2014 Sony hack — including scripts for five Game of Thrones episodes and two unreleased episodes of Ballers and Room 104. Passwords Alone Are Not Enough to Stop the Breach The hackers have reportedly released numerous confidential documents, including one with a list of personal phone numbers,…

Four Things You Don’t Know About Cybersecurity… That You Should

Ponemon Institute recently conducted a survey, sponsored by Centrify, designed to more deeply understand the current state of cybersecurity. The Impact of Data Breaches on Reputation & Share Value: A Study of U.S. Marketers, IT Practitioners and Consumers examines differing perspectives across a number of security topics. I’d like to focus on IT professionals at this time, as I believe the results are enlightening, to say the least. 43 Percent of IT practitioners said their organization had a data breach involving sensitive customer or business information in the past two years. This tells us that more than one in five organizations…

How are CFOs Affected By a Security Breach?

Centrify teamed up with security researcher Ponemon Institute to survey a large group of IT, information security, senior marketing and communication professionals as well as a healthy number of consumers. A key objective of the study was to get a handle on the financial impact of a cyber security breach on a typical organization. The bottom line (no pun intended) is that, the day the breach makes headlines: Your stock price will drop between an average of 3% to 7% when breach is announced You stand to lose a significant number of your customers You will see a corresponding loss…

Breaches Rank in Top Three Negative Impacts on Brand Reputation – Above CEO Scandal

A recent Ponemon Institute study set out to examine the attitudes and perspectives of three key stakeholder populations inside a business environment: Marketing practitioners, IT practitioners and consumers. A key objective of the Centrify-sponsored study was to understand the impact of a data breach on a company’s customers, stock price and overall brand reputation. Among the survey’s key findings: A data breach now outranks a scandal involving the CEO in terms of adverse impact on a company’s reputation. In fact, breaches ranked in the top three most negative events, following shoddy customer service and an environmental incident. Negative Affects on…

Data Mapping: A Tricky First Step to GDPR Compliance

Last Thursday, the one year countdown to GDPR compliance officially began. For those of you still wondering what all the fuss is about, new research commissioned by Centrify has revealed that public companies suffer on average a 5% share price drop immediately following disclosure of the breach. The EU General Data Protection Regulation (GDPR) will ensure there’s no room to hide: as of 25 May 2018, if you’ve been breached you must notify the Supervisory Authority within 72 hours of becoming aware, unless particular circumstances apply. To help organisations figure out a plan of action, Centrify is running a monthly…

Am I Affected by the European General Data Protection Regulation?

It’s a year until the biggest shakeup to Europe’s privacy laws in nearly a generation takes effect. The European General Data Protection Regulation (GDPR) will bring sweeping new rules into force, including new consumer rights over how personal data is used, and mandatory 72-hour data breach notifications. Yet there’s still confusion over which companies and what types of data are covered by the law. With firms currently complying with less than 40% of GDPR principles on average, time is running out. That’s why Centrify is running a new monthly blog series designed to raise awareness about the GDPR, as the clock…

Verizon 2017 DBIR: Key Takeaways

Summary The 2017 DBIR is an essential read for organizational leaders, cybersecurity practitioners and security industry professionals. The report provides clear information that helps cyber security practitioners and executives devise strategy, and implement tactical responses to the cyber battlefield of today. In this year’s 10th publication of Verizon’s Data Breach Investigation Report, data from nearly 2,000 confirmed breaches were submitted by IT professionals and analyzed by Verizon security experts. In the report, 88% (up from last year’s 83%)  of incidents fall into same industry categories that were first identified in the 2014 report. These attacks are further categorized into key…

How to Stop the Breach in a Hybrid Enterprise

Has your enterprise experienced a data breach in the past two years? If so, it’s time for a wake-up call. In fact, 66% of organizations reported falling victim to a breach an average of five or more times during that time span. The security status quo is a slippery slope. Enterprise networks have expanded beyond the well-defined boundaries that used to protect our important assets from falling into the wrong hands and a new security reality has set in. Traditional security methods can’t protect your organization from breaches, and failure to recognize this new reality leaves your business at risk…

RSA: Centrify Survey Reveals Almost Half of Respondents Lack Confidence in Their Company’s Cybersecurity Strategies

Yesterday, we conducted an onsite survey of IT professionals attending the RSA Conference, being held this week at Moscone Center, San Francisco. The poll asked respondents how their companies secure applications and infrastructures in the age of access, and it revealed that only slightly more than half (55%) believe their company’s current technology investment ensures their company’s cybersecurity. This leaves about half of respondents with a lack of confidence in their own organization’s corporate security! While this fact is startling, it shouldn’t be too surprising, since a recent Forrester study, commissioned by Centrify, confirms that in the past two years, two-thirds…

The Cybersecurity Tipping Point Nears

If we’d take a moment to pull our heads out of the sand and look around, we’d quickly see that we’re on an ominous trajectory. There’s no arguing that over the last several years, we’ve been suffering from increasing numbers of breaches, cyberhacks and data leaks. What’s truly puzzling is the fact that we’ve grown so used to the headlines, they no longer seem to impact us: Target spent $250 million to manage a breach? A massive 1 terabytes per second attack against a DNS provider that knocks out major websites? One billion Yahoo identities hacked? Even a hacked election?…