Reflecting on Centrify’s Rethink Security Approach

In the last 12 months, Centrify is the only company to be acknowledged for it’s  vision and leadership in the Gartner Magic Quadrant for Identity and Access Management-as-a-Service,  The Forrester Wave: Privileged Identity Management, and in the Gartner Critical Capabilities for IDaaS Research for Workforce to SaaS, 2016. These acknowledgements demonstrate our growing influence in the industry with a unique point of view for customers who recognize the increased value in securing access for all enterprise identities in one, built from the ground up platform vs. the point solutions offered by others in the industry. Our mantra has been and…

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…

Centrify’s Bug Bounty Program with Bugcrowd

It’s an exciting time to be in information security. Black hats are attacking more web sites, constructing more 0-day threats and phishing more credentials and payment data. The proliferation of smart IoT devices and new technologies create opportunities for malicious activities. Nation State actors and the vulnerabilities they exploit are gaining visibility. What strikes me, though, is how the security community has risen to these challenges. The demand for security professionals is higher than ever, but so is the supply — new generations of security researchers, responders and leaders are coming from all corners of the globe. These are people…

Time to Ditch Passwords: Taking the Centrify Message to Infosecurity Europe

London Olympia will again be the venue this week as experts from around the world flock to the capital for the annual Infosecurity Europe show. With over 13,000 visitors expected over the three days, this is one of the biggest industry events around. Centrify will be there on Stand C65 to share why we think our range of advanced identity services are the only way IT leaders can secure their hybrid enterprise against modern threats. Attendees also have a great opportunity to hear first-hand from customer Remy Cointreau on the challenges of becoming a more secure and agile organisation through…

Joining the Dots to Better Breach Prevention: A Centrify Roundtable

The volume and frequency of data breaches seem to have hit a new high in recent months. But away from the sensational headlines, do we really know what the impact of such incidents can be on the victim organisation’s reputation and bottom line? Centrify recently commissioned the Ponemon Institute to shine a light on exactly this area — interviewing CMOs, IT practitioners and customers — and uncovered some fascinating findings. Not only do UK firms on average see a lasting share price slump of 5% following a breach, but many IT and marketing professionals are profoundly divided –from each other…

Don’t Open that Google Doc Link: Another Phishing Scam

Yesterday, Google users were targeted by a spear phishing campaign that some cybersecurity researchers believe to be one of the fastest-spreading attacks of its kind in history. This attack was highly effective, as the phishing emails were harder to spot since they were from familiar senders. Most users were likely easily fooled into trusting a message from a known contact, which made this scam easy to spread and propagate quickly. While the hole was quickly patched by Google, it is always prudent to check the URL of a link before clicking on it to verify it is spelled correctly and…

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…