The term “cybersecurity ROI” refers to the return on investment for cybersecurity measures. It is a metric used by organizations to evaluate the effectiveness and financial benefit of investing in cybersecurity technologies and practices. Calculating ROI for cybersecurity and IAM can be more complex than calculating ROI for other types of investments because the benefits often include intangible and preventative outcomes.

An identity and access management protocol is a critical component of your company’s overall approach to security, and putting one in place has an effect on your bottom line. Although initial IAM implementation requires investing time in assessments and audits, purchasing new tools and infrastructure, and reworking security policies and procedures, the cybersecurity ROI and operational benefits of an IAM solution are worth the effort.

Estimating the Cybersecurity ROI in IAM

As technology has improved in response to the increasing complexity of managing user identities and access permissions in modern business networks, the ROI of implementing an IAM policy has increased. According to Gartner, a company with 10,000 employees can realize an ROI of approximately 300 percent and save $3.5 million over three years simply by switching to automated provisioning. If changing just one aspect of how your company handles IAM can have such a big impact, imagine how much you could save by choosing the smartest tools for your protocol as a whole. 

The total cost of IAM implementation is made up of two factors: 

Direct costs, including the platform or service you choose, any physical infrastructure required, increases in IT overhead and the hiring and training of new employees.
Indirect costs and benefits, such as securing identities, better compliance, reducing IT administrative workloads, lowering breach-related expenses, minimizing risk for customers and avoiding errors.

To determine the approximate IAM ROI for your business, make a list of the relevant direct and indirect costs of the type of IAM solution you wish to implement. Compare these to your current costs to visualize where making improvements can save you money and time. Gartner estimates automated provisioning alone can reduce security administration involvement by 14,000 hours per year and free up 6,000 hours of help desk time, so it’s likely you’ll find several areas in which IAM can improve productivity and reduce total business costs. 

Your IAM Budget

Calculating cybersecurity ROI on identity management solutions and access tools provides a basis for your company’s security budget. IAM is just one aspect of a robust security protocol and should be treated as an important piece of the puzzle when allocating funds. 

Start with an assessment of your company’s current situation and needs, and consider: 

• The number of users 
• Effect of expected growth on the user base 
• Types of applications and data to which users require access 
• Structure of workflows 
• Efficiency of the sign-on process 

Make this list the basis of your search for an IAM solution, comparing features and costs to find the best value. While total cost is an important factor, especially for smaller businesses operating on tight budgets, cutting corners on IAM can significantly reduce its efficacy and the expected ROI. According to Henry Bagdasarian “cost savings from reduced breach incidents and increased productivity must be factored in when assessing the total cost of IAM tools and platforms.”

The total cost of IAM implementation includes the initial setup and ongoing maintenance. An upfront investment in new IT infrastructure or a customized integration solution may be required, but these one-time costs should pay for themselves in the savings realized elsewhere. Ongoing expenses include administrative costs, the upkeep of the system and monthly payments for IAM tools. Factor in extra to cover the adaptations and updates you’ll need to make as your company grows and IAM technology changes. 

Your IAM Roadmap 

A blueprint for IAM implementation is essential if you want to maximize cybersecurity ROI. Beginning with an assessment of your current IT and security architecture and an understanding of future needs in light of your business vision, you can lay out a roadmap for IAM success. 

With this plan in front of you, it becomes easier to see the steps required and to make adjustments to your budget calculations. Gaps in the strategy become clear, and you can change your approach accordingly to prevent delays in the implementation process. 

To create your IAM roadmap: 

• Perform an audit of your security protocols and solutions 
• Assess the current network structure, identifying critical components 
• Determine where legacy systems need to be updated or retired 
• Map user lifecycles 
• Map critical workflows 
• Determine the minimum number of privileged accounts required 
• Consider the best way to handle access, such as role-based or risk-based controls 
• Look for a streamlined sign-on approach 
• Identify compliance requirements

Use this information to move forward with a cost-effective IAM implementation plan. Delegate tasks to employees appropriately, hire third-party professionals as needed and track progress so that you stay within budget and meet the desired deadline. 

Preparing your business for the costs and logistics of implementing a strong IAM policy allows you to maximize both the benefits and the ROI. With the customizable, scalable tools available from a variety of providers, you can build a personalized solution tailored to your company’s current circumstances and be ready to address future access needs.

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Trends in compliance threats, access management, breach detection, and privacy regulations affect IT and cybersecurity professionals across industries. Here’s what you need to know to help your business or organization stay on top of emerging compliance threats and meet changing compliance requirements. 

System Access and Compliance Threats

System access and compliance threats pose significant risks to organizations across various industries, encompassing everything from financial institutions to healthcare providers and beyond. These threats emerge from both internal and external sources, each capable of causing substantial damage if left unchecked.

Internally, system access threats often stem from employees or insiders with malicious intent or unintentional negligence. Malicious insiders may exploit their access privileges to steal private data, interrupt operations, or even damage systems. On the other hand, well-meaning employees might inadvertently compromise security through careless actions like using simple passwords or becoming a target of phishing scams.

Externally, hackers and cybercriminals continually devise sophisticated methods to penetrate systems and steal private data. These threats may be targeting desired organizations or launching indiscriminate malware campaigns seeking vulnerabilities wherever they can be found. Once inside a system, attackers may exploit weaknesses in security protocols or software to escalate privileges, move laterally through networks, and exfiltrate valuable data.

In addition to system access threats, compliance violations present another formidable challenge for organizations, particularly those operating in heavily regulated industries. Failure to comply with relevant laws and regulations not only exposes companies to legal penalties but can also damage their reputation and lead to the loss of customer trust. Compliance threats can arise from a variety of sources, including inadequate data protection measures, insufficient risk management practices, and failure to adhere to industry-specific standards.

To neutralize these threats, organizations must adopt a comprehensive approach to cybersecurity and compliance management. This involves implementing robust access controls to limit privileges based on the principle of least privilege, regularly updating and patching software to address vulnerabilities, and providing ongoing security awareness training to employees. Furthermore, organizations must establish stringent compliance frameworks tailored to their specific regulatory requirements, conducting regular audits and assessments to ensure adherence to relevant standards.

By proactively addressing system access and compliance threats, organizations can bolster their defenses against cyberattacks and regulatory scrutiny, safeguarding their assets, reputation, and stakeholder trust in an increasingly digital world.

New Trends in Identity and Access Management 

The identity and access management market is expected to exceed $18.9 billion by 2024. Driving this explosion is the increase in requirements for better access management at banks, financial institutions and the growing number of companies adopting BYOD policies to support remote employees. North America is projected to be the leader in providing solutions to meet these changing IAM requirements.

Hackers are Developing Sophisticated and Subtle Attacks 

Advanced breach detection technologies are spurring hackers to get more creative with the ways they infiltrate networks and obtain unauthorized access to data. One approach with the potential to significantly increase malware distribution and the reach of other malicious practices like cryptojacking is the compromise of open-source software. Open-source programs and platforms are widely used by individuals and organizations due to the low cost of implementation and the opportunity to modify the basic code as needed. Hackers can take advantage of the communal nature of open-source options to insert small snippets of malicious code, which may go undetected when the software is distributed. 

Hackers are also getting wise to the potential applications of artificial intelligence. While businesses and organizations are taking advantage of the power of AI technology to detect anomalies in user behavior indicative of a potential breach, hackers are using the same techniques to gather information on what constitutes normal behavior so that they can mimic legitimate users and fly under the radar during attacks. AI may also make it possible to create contextualized phishing emails delivered as part of existing email threads, creating a whole new set of concerns for companies already experiencing increasing threats from spear phishing attacks. 

Subtlety characterizes another trending behavior among hackers known as a trust attack. Instead of infiltrating a network to steal large amounts of data, hackers using trust attacks may change just a few pieces of information with the intent of undermining the public’s trust in an organization like a bank or hospital. With more financial information, health records and other critical data becoming digitized, these attacks could have serious consequences for important institutions. 

Beware of Stricter Noncompliance Penalties 

Businesses have been working to meet various regulatory standards such as the GDPR with varying degrees of success. As of yet, regulators haven’t imposed the full fine of 4 percent of annual global revenue on any noncompliant company, but this may change soon. Businesses will be expected to fulfill the original purpose of the regulations by prioritizing the protection of user data and putting practices in place to ensure data privacy, and penalties for those failing to comply are likely to become more severe. 

However, because breaches are becoming more expensive, detection and response may initially take precedent for the majority of businesses. Consumers recognize the potential dangers of having their data exposed, and regulators are expected to step in more often, creating new laws and guidelines for companies to follow. This increase in regulations will require businesses of all sizes to take a proactive approach to data protection and breach prevention. 

With everything from access control to breach prevention technology changing at a rapid pace, it’s essential to keep track of what’s happening in IT and cybersecurity. The increasing sophistication of hackers requires IT professionals to take an aggressive approach to security protocols, and understanding emerging threats is crucial to maintaining data integrity in modern network environments.

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As more businesses seek to incorporate internet of things (IoT) technology, hackers are developing new tactics for launching cyberattacks. The very same artificial intelligence (AI) tools companies use to improve internal and customer-facing operations can enable hackers to increase the reach and magnitude of breaches. Hivenets are among the most potentially devastating developments to arise from the malicious implementation of AI.

The role of Hivenets in cybersecurity

What is a Hivenet?

A hivenet is the next step in the evolution of the botnet, groups of automated “bot” programs capable of seeking out vulnerabilities in devices and exploiting them to inject malware. Hivenets can bring together tens or hundreds of thousands of infected devices, creating a “swarmbot.” 

The most alarming difference between a botnet and a hivenet is the hivenet’s ability to think for itself. These swarms are described as “intelligent clusters of compromised devices,” referring to how bots within a hivenet share information, allowing hackers to take a relatively hands-off approach. Hivenets rely on this communication along with predictive technology to make decisions during an attack, resulting in greater “intelligence” and an increased threat for businesses running outdated security systems. 

How are Hivenets Changing Cyberattacks?

Hivenets give hackers the capabilities to supercharge their attacks by increasing distribution, minimizing detection and supporting almost complete automation.

Intelligent Malware 
Attacks using hivenets could be likened to a group of thieves who are in constant communication and have nearly perfected the art of staying invisible. As soon as one thief discovers a weak point, he calls all the others to move in while the target remains completely in the dark about what’s going on. Malware is evolving to fly under the radar the same way, infecting a wider range of devices to create massive hivenets with multiple attack payloads ready to be unleashed on unsuspecting victims. 

Faster Breaches 
Because the bots in hivenets can learn from each other, network vulnerabilities are detected and exploited more quickly. As an attack progresses, the hivenet becomes more “intelligent” and gains the ability to make decisions about which payload provides the best chance of infiltrating a network. 

Distributed Denial of Service (DDoS) Attacks 
DDoS attacks aim to cripple servers with more requests than can be handled at one time or overwhelm databases with excessive queries. The result is the same: Network access is lost, locking businesses out of critical applications and systems. Although these types of attacks are decreasing in frequency, the advent of hivenets has the potential to make DDoS much more devastating. Speed and the sheer force of numbers may allow hackers to overwhelm systems rapidly and carry out a greater number of attacks.

How Do Hivenets Impact Identity and Access Management?

Hivenet, a decentralized computing network inspired by the behavior of insect colonies, has the potential to significantly impact identity and access management (IAM) paradigms. Traditional IAM systems rely on centralized authorities for user identity and access management, including authentication. However, Hivenet’s decentralized nature introduces novel challenges and opportunities for IAM.

One of the key impacts of Hivenet on IAM is the shift towards decentralized identity management. In a Hivenet environment, individuals retain control over their identities through cryptographic keys and decentralized identifiers (DIDs). This decentralized identity model offers greater privacy, security, and user autonomy compared to traditional centralized identity systems. Users can manage their identities across various applications and services without relying on a single central authority.

Additionally, Hivenets introduce new approaches to access management through smart contracts and decentralized governance methods. Smart contracts can encode access control policies and automate permission management based on predefined rules and conditions. Through decentralized governance, stakeholders within the network can participate in decision-making processes related to access control policies, ensuring transparency, fairness, and inclusivity.

However, Hivenet also poses challenges to traditional IAM practices. The distributed nature of Hivenet complicates identity verification and authentication processes, as there is no central authority to validate identities. Ensuring the integrity and trustworthiness of identities becomes paramount in such a decentralized environment. Furthermore, managing access permissions across multiple autonomous nodes within the Hivenet requires robust coordination mechanisms to prevent access break-ins and ensure compliance with internal policies and regulations.

What Can Businesses Do to Combat the Threat?

Hivenets are progressing from emerging threats to frightening realities, thus necessitating proactive responses from companies utilizing and manufacturing IoT technology.

Identifying Points of Vulnerability 
Now is the time for businesses to take inventory of all devices and third parties with access to internal networks, including employee-owned devices, vendor accounts and technologies used to support daily operations. All potential threats posed by these devices must be considered and addressed to minimize the risk of malware infections. 

Exercising Discernment with Implementation 
Not everything designed to be connected to the internet should be, and it’s important for business owners and IT professionals to determine whether a new device is necessary. Jumping on the bandwagon simply for the right to boast of having the “latest and greatest” can introduce serious security problems. Companies should save IoT technology for processes requiring automation and thoroughly research the security protocols of all third-party providers prior to implementation. 

Providing Stronger Security for Consumers 
Companies in the business of manufacturing and distributing IoT devices are responsible for the security of those devices and the data they collect. Because connected technology shares information between users and networks, including the networks of the manufacturer, strong security is required to prevent a single infected device from spreading malware across multiple systems. Makers of these devices must plan to provide and automatically distribute regular firmware updates. 

Improving Internal Security 
There’s a satisfying sort of irony in using AI to beat hackers at their own games. Integrated security platforms with tools to monitor devices and learn to detect attack patterns are designed to uncover malicious activity and should provide an option for isolating infected devices. 

Conclusion

When faced with a hivenet drawing on AI technology to launch attacks with the ability to evolve during execution, businesses unprepared for modern threats are likely to be overwhelmed. Hackers are only beginning to discover all IoT and AI can do, and they’re taking advantage of every opportunity to make these technologies work for them. Any company relying on or distributing IoT must be ready to guard against, detect and respond to hivenet attacks using smart security systems and intelligent threat mitigation.

Hivenet presents both opportunities and challenges for identity and access management. It offers a decentralized approach to identity management that prioritizes user privacy and autonomy while enabling innovative access control mechanisms through smart contracts and decentralized governance. However, addressing the complexities of decentralized identity verification and access management will require continued research, collaboration, and the development of interoperable standards within the Hivenet ecosystem.

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In the future, identification methods will likely undergo a profound transformation, leveraging advanced technologies to enhance security, streamline processes, and prioritize user privacy. Biometric authentication, already widely used today, will continue to evolve with more sophisticated algorithms and sensors. Facial recognition, iris scanning, fingerprint analysis, and even behavioral biometrics like typing patterns or gait recognition will become more accurate and seamlessly integrated into everyday interactions. These methods offer not only heightened security but also convenience, as individuals can be identified quickly and reliably without the need for physical tokens or passwords.

Beyond traditional biometrics, DNA-based identification holds immense potential. Advances in DNA sequencing technology could allow for rapid, highly accurate identification using genetic markers unique to each individual. While DNA-based identification raises privacy concerns, robust encryption and strict regulations can mitigate these risks, ensuring that personal genetic information remains secure and confidential.

Blockchain technology also promises to revolutionize identification systems by providing a decentralized and tamper-proof platform for managing digital identities. By storing identity information on a blockchain, people have more control over their data, minimizing identity theft and access risks. Moreover, blockchain-based identification can facilitate seamless verification across various platforms and services while maintaining privacy and data sovereignty.

Artificial intelligence (AI) will play a crucial role in future identification methods, powering advanced algorithms capable of analyzing vast amounts of data to verify identities quickly and accurately. AI systems can adapt and learn from new information, continually improving their identification capabilities and staying ahead of emerging threats. Moreover, AI-powered authentication can enhance user experience by offering seamless and frictionless interactions while ensuring robust security measures are in place.

Innovative technologies such as quantum computing and nanotechnology hold promise for further advancing identification methods. Quantum identification systems leverage the unique properties of quantum mechanics to create unhackable cryptographic keys and authentication protocols. Similarly, nanotechnology could enable the development of microscopic identification tags or sensors embedded in documents or even the human body, providing secure and unobtrusive means of identification.

List of Future Identification Methods

Future identification methods are likely to continue evolving, incorporating advanced technologies to enhance security, convenience, and privacy. Here are some potential future identification methods:

Biometric Authentication: Biometrics, such as fingerprint identification, iris scanning, face recognition, and even voice recognition, offer highly secure and convenient identification methods. Future advancements may include more accurate and robust biometric systems, as well as the integration of multiple biometric modalities for enhanced security.

DNA-based Identification: DNA-based identification offers an exceptionally high level of accuracy and can be used in various applications, including forensic investigations, paternity testing, and establishing genetic relationships. However, ethical considerations regarding privacy, consent, and the potential misuse of genetic information must be carefully addressed in its implementation.

DNA-based identification works by analyzing a person’s genetic code to establish their identity. DNA, the hereditary material present in nearly all living organisms, contains a vast amount of information specific to each person. To utilize DNA for identification, a sample is typically collected from the individual, often through saliva or blood sample. This sample is then processed to extract the DNA, which is sequenced to obtain a digital profile of the individual’s genetic makeup. This profile can be compared with databases of known DNA profiles to confirm identity or to identify relatives.

DNA analysis can provide extremely accurate identification, and advancements in DNA sequencing technology may lead to its wider adoption for identification purposes. However, privacy and ethical concerns must be addressed.

Behavioral Biometrics: This involves analyzing patterns in human behavior, such as typing rhythm, gait, or even cognitive patterns, for identification purposes. Behavioral biometrics offer continuous authentication and can be less intrusive than traditional biometric methods.

Blockchain-based Identification: Blockchain technology offers a decentralized and secure way to manage digital identities. By storing identity data on a blockchain, people can control their personal data and reduce identity theft risks.

AI-powered Identification: Artificial intelligence (AI) algorithms can analyze a large set of data to verify identities more accurately and quickly. AI systems can also learn from new set of data and adapt for improving their identification capabilities over time.

Nanotechnology: Microscopic identification methods using nanotechnology could become more prevalent in the future. For example, tiny RFID (Radio-Frequency Identification) chips or nanoscale identifiers could be embedded in documents or even directly in the human body for secure identification.

Quantum Identification: Quantum technology holds promise for secure identification methods, leveraging quantum properties such as entanglement and superposition to create unhackable identification systems.

In quantum identification, entanglement and superposition offer unique opportunities for secure and efficient authentication. Entanglement can be utilized to establish secure communication channels between the user and the authentication system, ensuring that any attempts to intercept or tamper with the identification process are immediately detected due to the entangled nature of the particles involved. Superposition enables the encoding of identity information into quantum states, allowing for the creation of qubits that represent multiple possible identities simultaneously. This superpositioned state can then be manipulated and measured using quantum algorithms to rapidly verify the user’s identity with unprecedented efficiency and security, leveraging the inherent properties of quantum mechanics to revolutionize identification processes.

Neural Interface: With advancements in neural interface technology, direct brain-computer interfaces could enable secure and seamless authentication by verifying the user’s unique neural patterns.

These methods are likely to shape the future of identification, offering a balance between security, privacy, and convenience. However, ethical, legal, and social implications must be carefully assessed as new technologies continue to be introduced.

Conclusion

Future identification methods will prioritize security, convenience, and privacy, empowering individuals with greater control over their digital identities while mitigating the risks of identity theft and fraud. However, ethical considerations and regulatory frameworks must accompany technological advancements to ensure that these systems are deployed responsibly and equitably.

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A cybersecurity quantum attack refers to the risk that quantum computers may be used to attack traditional cryptographic schemes. It is assumed that quantum computers will solve encryption equations faster than standard computers. These problems include factoring large integers and solving the discrete logarithm problem, which are the basis for many commonly used encryption algorithms, such as RSA and ECC (Elliptic Curve Cryptography).

Cybersecurity Quantum Attack

If a large-scale, reliable quantum computer were to be developed, it could theoretically break these encryption schemes, rendering much of today’s secure communication vulnerable to interception and decryption. This has led to significant research efforts in quantum cryptography, which aims to develop encryption equations that are resistant to cybersecurity quantum attacks.

What is a Quantum Computer?

A quantum computer is a type of computing device that leverages quantum computing to perform computations. Unlike standard computers, which use bits as the basic unit of information represented by either a 0 or a 1, quantum computers use quantum bits, or qubits.

Qubits are represented in both 0 and 1 simultaneously. This allows quantum computers to process a large number of possible outcomes simultaneously, enabling them to solve various issues much faster than standard computers.

Additionally, quantum computers can exploit another scenario called entanglement, where one qubit depends on another, even if they are separated. This enables quantum computers to execute certain calculations in parallel, leading to potentially exponential speedups for specific algorithms.

Quantum computers hold the potential to change the cryptography field, optimization, material science, drug discovery, and more. However, building large-scale, error-corrected quantum computers remains a significant technological challenge, and practical quantum computers capable of outperforming classical computers for general-purpose tasks are still in the research and development phase.

Collect Encrypted Data Now, Decrypt Later

A cybersecurity quantum attack in data breach cases collects encrypted data to decrypt later. This scenario is a hypothetical situation where a malicious actor collects encrypted data through a cyberattack, but instead of attempting to decrypt it immediately using classical computers, they store the encrypted data until quantum computers with sufficient computing power become available. Once quantum computers capable of breaking the encryption are developed, the attacker can then decrypt the stored data and access its contents.

This scenario highlights the quantum computing threats facing current encryption methods. If large-scale, reliable quantum computers are developed in the future, they could theoretically break commonly used encryption algorithms, compromising the security of sensitive data stored or transmitted using these encryption methods.

To mitigate the risk of such attacks, researchers are working on developing cryptographic algorithms that can resist quantum attacks. These algorithms aim to provide secure encryption despite quantum computers. Additionally, organizations can implement security best practices, such as regularly updating encryption protocols and keys, to enhance their resilience against both current and future threats.

Why Collect Encrypted Data Now to Decrypt Later?

Collecting encrypted data now to decrypt later in a potential cybersecurity quantum attack scenario could be advantageous for several reasons:

Future Breakthroughs in Quantum Computing: If quantum computing technology advances significantly in the future, it might become feasible to decrypt data that was previously considered secure using standard encryption algorithms. By collecting encrypted data now, attackers position themselves to exploit any future breakthroughs in quantum computing that could enable decryption.

Long-term Data Retention: Some types of sensitive information have long-term value, and adversaries may anticipate that even if decryption is not currently possible due to limitations in standard computing, it could become feasible in the future with advances in quantum computing. Therefore, storing encrypted data now allows attackers to retain it until decryption becomes feasible.

Stealthy Attacks: Collecting encrypted data now, even if decryption is not immediately possible, allows attackers to operate stealthily without arousing suspicion. They can quietly gather sensitive information over time, potentially without detection, until they possess the capability to decrypt and exploit it.

Economic and Strategic Considerations: Adversaries might view collecting encrypted data as an investment in future capabilities. Even if quantum computing breakthroughs are uncertain or distant, attackers may prioritize acquiring potentially valuable encrypted data now, anticipating that it could yield significant returns in the future.

Overall, while quantum computing is still in its early stages of development and practical quantum attacks on encryption remain hypothetical, the concept of collecting encrypted data now to decrypt later in a potential cybersecurity quantum attack reflects forward-looking strategic thinking by attackers seeking to exploit future vulnerabilities.

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Cybersecurity Quantum Attack Protection Tips


Protecting against cybersecurity quantum attacks involves transitioning to quantum-resistant or post-quantum cryptographic algorithms. Here are several strategies that can be employed:

Research and Development: Invest in research and development efforts to create and standardize post-quantum cryptographic algorithms that are resistant to attacks from quantum computers. This includes designing complex encryption algorithms that are difficult to break by quantum computers.

Stay Informed: Keep abreast of technical advancements in quantum computing and cryptography to understand the evolving threat landscape and available countermeasures.

Implement Hybrid Solutions: Deploy hybrid cryptography that combine standard and post-quantum cryptographic algorithms. This approach provides immediate protection against common attacks while preparing for the transition to post-quantum security.

Plan for Transition: Develop a transition plan to a post-quantum cryptography across systems and applications. This includes assessing the impact on existing infrastructure, protocols, and standards, as well as ensuring interoperability with legacy systems.

Upgrade Systems and Protocols: Upgrade encryption protocols and systems to support post-quantum cryptographic algorithms once they are standardized and deemed secure. This may involve updating software, hardware, and security policies.

Key Management: Implement key management procedures to secure encryption keys against both standard and quantum attacks. This includes using key sizes that are sufficient to resist quantum attacks and regularly rotating keys.

Monitor and Audit: Continuously monitor systems for potential security breaches and vulnerabilities, including those related to quantum threats. Perform periodic security audits to identify weaknesses and ensure compliance with standard best practices.

Collaborate and Share Knowledge: Engage with industry peers, researchers, and standards bodies to collaborate on developing and adopting quantum-resistant cryptographic solutions. Sharing knowledge and best practices can accelerate progress and improve cybersecurity posture.

By proactively addressing the potential threat of quantum attacks through these strategies, organizations can enhance their cybersecurity posture and better protect sensitive information against emerging threats from quantum computing technologies.

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Committing identity theft with business registration is on the rise due to several factors stemming from the increasing digitization of business operations, the sophistication of cybercriminals, and weaknesses in regulatory oversight.

Rising Identity Theft with Business Registration

There are a few factors contributing to the rise in identity theft with business registration and accounts. Firstly, the proliferation of online platforms and services has made it easier for fraudsters to obtain and manipulate personal and business information. With the vast amount of data available online, scammers can exploit vulnerabilities in business registration processes to create fraudulent entities with stolen identities.

Moreover, the anonymity and flexibility offered by certain business structures, such as LLCs, make them attractive vehicles for identity theft. LLCs often require minimal documentation and have fewer regulatory requirements compared to other business entities, making them easier to establish and exploit for fraudulent activities. Additionally, the ability to conduct business banking transactions under the guise of a legitimate entity provides scammers with an avenue to launder money and transfer illicit funds without arousing suspicion.

Furthermore, gaps in regulatory oversight and enforcement contribute to the rise in identity theft using business entities. Limited resources and outdated regulatory frameworks may result in inadequate monitoring and detection of fraudulent activities involving business entities. As a result, scammers can exploit these weaknesses to perpetrate identity theft and financial fraud with relative impunity.

LLC vs. Inc

LLC fraud and corporate (Inc.) fraud each present unique challenges and opportunities for exploitation. LLCs are often perceived as more susceptible to fraud due to their simpler formation processes, which typically require less documentation and oversight compared to corporations. Additionally, the flexibility of LLCs in terms of ownership structure and management can make it easier for fraudulent actors to conceal their identities and activities. However, this doesn’t necessarily mean LLC fraud is inherently easier than corporate fraud; both types of entities can be targeted and exploited by scammers depending on their specific vulnerabilities and regulatory environments. Ultimately, the ease of perpetrating fraud depends on various factors such as the jurisdiction’s regulations, the diligence of regulatory authorities, and the sophistication of the perpetrators.

Identity Theft Using LLC

Because opening an LLC is a simple process that requires minimal documentation, identity theft scammers establish these business entities with stolen personal information such as social security numbers and addresses through data breaches or social engineering tactics. With stolen identity, they file articles of organization to open an LLC in the victim’s name or even a similar-sounding name. Then, scammers move to open business bank accounts. With LLCs, banks sometimes bypass the scrutiny placed on individuals. Once the account is opened, they make fraudulent transactions, including transferring funds often for money laundering purposes which can affect someone’s tax reporting and create issues with the IRS. 

Advice for Consumers

Consumers can take several steps to protect themselves such as monitoring credit reports, statements, or mail correspondence to detect signs of fraud early on. Also, being careful about sharing private information when responding to unsolicited requests, can prevent scammers from obtaining the data they need to commit identity fraud. 

Advice for Businesses

Banks and other financial institutions are advised to conduct thorough research before engaging in any financial transactions, especially with newly established entities, including verifying the legitimacy of LLCs through official state registries or legal databases which can minimize the risk of financial fraud. Maintaining strong security controls, such as using strong passwords, using two-factor authentication when available, and regularly updating security software such as antivirus, can improve defenses against cyber threats and unauthorized access to personal information.

Red Flags Rule

The Red Flags Rule is a regulation enforced by the Federal Trade Commission (FTC) in the United States, aimed at combating identity theft and protecting consumers from fraudulent activities. Under this rule, certain businesses and organizations, particularly those that extend credit or provide financial services, are required to implement identity theft prevention programs. These programs must include policies and procedures to detect, identify, and respond to “red flags” or indicators of possible identity theft. Red flags may include suspicious account activity, alerts from credit reporting agencies, unusual account changes, or attempts to access accounts using stolen or fabricated information. By identifying and addressing these red flags promptly, businesses can minimize the risk of identity theft and reduce harm to consumers. Compliance with the Red Flags Rule helps ensure that businesses take proactive measures to safeguard sensitive personal information and maintain the trust and confidence of their customers.

Summary

The convergence of technological advancements, regulatory deficiencies, and the adaptability of cybercriminals has contributed to the proliferation of identity theft using business entities. Addressing this trend requires a multifaceted approach involving enhanced regulatory scrutiny, improved cybersecurity measures, and increased public awareness to mitigate the risks associated with identity theft and financial fraud perpetrated through business entities.

The US government has published a list of 26 identity theft red flags that help financial institutions and creditors prevent identity theft. Take the CRFS course to become an identity theft prevention expert in your workplace.

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The expanding possibilities of artificial intelligence in cybersecurity are revolutionizing the way organizations detect, prevent, and respond to cyber threats. Using advanced machine learning programs and data analytics techniques, AI systems can analyze large amounts of data in real-time to identify patterns, anomalies, and potential security breaches that may evade traditional security measures. From malware detection and threat intelligence analysis to user behavior monitoring and network security, AI-powered cybersecurity solutions offer proactive defense mechanisms that adapt and evolve alongside emerging threats. Moreover, AI enables automation of repetitive tasks such as patch management, vulnerability scanning, and incident response, allowing human resources to focus on more strategic aspects of cybersecurity. However, while AI holds great promise in enhancing cyber defenses, its adoption also presents challenges such as potential vulnerabilities to adversarial attacks and the ethical implications of autonomous decision-making in security contexts. As AI continues to mature, its integration into cybersecurity frameworks will be critical in staying ahead of increasingly sophisticated cyber threats in today’s digital landscape.

Managing user identities and permissions is an essential component of cybersecurity, particularly at the enterprise level. Increasing numbers of devices and a greater diversity of device types call for a smarter, more detailed approach to network security, and businesses are turning to artificial intelligence (AI) for help.

Breaches, Cybercrime and AI

The threat of a breach is significant for today’s companies. More than 80% of businesses say they have been hacked, and the global cost of cybercrime is estimated to surpass 20 trillion U.S. dollars by 2026. Exposure of personal information is of particular concern. 2023 smashed all previous records with an astonishing 133 million records exposed, stolen, or otherwise impermissibly disclosed.

Although better identity and access management (IAM) practices can lower the risk of system breaches thereby protecting user and consumer data, the vast majority of organizations lack a “mature approach” to IAM. According to Gartner, Thirty-four percent of organizations are either already using or implementing artificial intelligence (AI) application security tools to mitigate the accompanying risks of generative AI (GenAI). Over half (56%) of respondents said they are also exploring such solutions.

Smarter Workflows through Intelligent Access

Role-based access is a common approach to IAM, but it can fall short in workflows in which employees need short-term or one-time access to network assets. Even with a single sign-on model, users may be required to sign into multiple different applications to complete a single task or project, which can significantly slow down day-to-day business activities.

Granting special access has its own challenges. There’s always the chance access won’t be properly revoked when permissions are no longer needed, and accounts with more privileges are attractive to hackers looking for easy ways to infiltrate networks.

Using AI can minimize the risk of both workflow bottlenecks and increased account vulnerability. With AI-powered security, businesses can implement continuous authentication protocols in which user activities are monitored on an ongoing basis during sessions using a robust set of identifiers, including visual and audio cues.

Fine-Grained Access at All Permission Levels

Continuous authentication is a must when privileged accounts are required. AI provides the means by which businesses can monitor all user activities and behaviors within their networks on a moment-by-moment basis. With the security system always checking for anomalies and unusual patterns, it’s possible to fine-tune access privileges and revoke access when a user doesn’t behave as expected. Such security measures can be implemented to cover every device connecting to a business network, regardless of platform or location.

Some organizations are relying completely on AI for cyber threat detection, which indicates the technology is paying off. To get the greatest benefit, however, security systems must be provided with as many identifying factors as possible. A more robust identity profile for each user creates smarter access control across the network.

Learning and Intervening Without Humans

AI is often combined with machine learning (ML) to create powerful tools for breach detection and prevention. As users interact with a network, ML algorithms “learn” their normal behaviors and can adapt in response to this information. This technology is making it increasingly possible to automate security and reduce the number of alerts requiring human attention.

Growing businesses and enterprises need automation to handle an otherwise overwhelming amount of user data. Adding even a few users to a network introduces new behavior patterns with variations and nuances unique to each user. Monitoring these behaviors and identifying discrepancies becomes almost impossible in large networks, but AI and ML can keep up where human efforts fall short.

Better Responses to Incidents

So far, AI is showing the most promise when it comes to incident response. The number of days it takes organizations to detect a breach is 977 days or roughly 9 months, a significant gap considering the amount of damage hackers can do in this time period.

Using predictive analytics, security systems with AI components are better equipped to estimate the potential extent of a breach and the level of risk at the time of detection. This sets interventions in motion sooner, whether from a human cybersecurity team or the AI tool itself. With the help of ML algorithms, AI can determine when user behaviors require a lockdown of certain parts of the system and minimize data loss by preventing hackers from getting any deeper into the network.

For IT professionals, AI represents the next frontier in security and access management. The demand for trained security professionals is likely to keep growing as AI and ML become more powerful and give rise to new options for breach prevention. Certification in identity and access management provides the necessary knowledge to help businesses keep up with the changing IAM landscape.

Identity and access management certifications

The Internet of Everything represents the interconnectedness of not just devices, but also people, processes, and data, enabled by the pervasive presence of internet connectivity. Unlike the Internet of Things (IoT), which primarily focuses on connecting devices, IoE expands this concept to include the integration of various components within an ecosystem, encompassing sensors, actuators, cloud computing, and analytics to create intelligent systems that can communicate, interact, and exchange data seamlessly. IoE extends beyond traditional boundaries, bridging the digital and physical worlds to enable unprecedented levels of automation, efficiency, and innovation across industries and everyday life, revolutionizing how we live, work, and interact with technology.

Interner of Everything

Internet of Value

The Internet of Everything (IoE) transitions beyond the conventional concept of the Internet of Things (IoT) by not only connecting devices but also integrating people, processes, and data into a comprehensive network of interconnected entities. This paradigm shift is significant because it goes beyond the mere exchange of information between devices and facilitates the creation and exchange of value across multiple dimensions. In IoE, value is not just about the data generated or the efficiency gained through automation but extends to the tangible outcomes and experiences it enables. By connecting various elements of our lives, IoE has the potential to unlock new economic opportunities, drive innovation, and enhance societal well-being.

One key aspect that transforms IoE into the Internet of Value is its ability to create synergies between different components of a system, thereby amplifying their collective impact. For instance, in a smart city scenario, IoE can integrate data from traffic sensors, weather forecasts, and public transportation systems to optimize traffic flow, reduce congestion, and improve overall urban mobility. This integration of data and processes leads to tangible benefits such as time savings, reduced fuel consumption, and enhanced quality of life for residents, thus creating value beyond the sum of individual components.

Furthermore, IoE enables the creation of new business models and revenue streams by leveraging the insights derived from the vast amount of data generated by interconnected devices and systems. By analyzing this data, businesses can analyze customer behavior, markets, trends, and operations, allowing them to tailor products and services more effectively, optimize supply chains, and drive competitive advantage. Additionally, IoE facilitates the emergence of decentralized networks and peer-to-peer transactions, enabling individuals and organizations to directly exchange value without the need for intermediaries, thereby reducing transaction costs and increasing efficiency.

Ultimately, the Internet of Everything represents a paradigm shift in how we perceive and leverage technology, moving beyond connectivity to enable the seamless exchange of value across various domains. By integrating people, processes, and data into a unified ecosystem, IoE has the potential to transform industries, empower individuals, and drive sustainable growth, ushering in a new era of digital innovation and prosperity.

Security and Privacy of Internet of Everything

The security and privacy considerations of IoE are profound due to the extensive interconnectedness of devices, data, and systems. As IoE encompasses a vast network of interconnected devices, sensors, and actuators, each collecting and transmitting data, ensuring robust security measures is paramount to prevent unauthorized access, data breaches, and potential disruptions to critical services. Furthermore, the sheer volume and diversity of data generated by IoE devices present significant challenges in terms of data privacy, as sensitive information about individuals, organizations, and processes may be collected and shared across multiple platforms.

Securing the IoE ecosystem requires a multi-faceted approach that addresses various layers of the infrastructure, from device-level security to network architecture and data management practices. This includes implementing effective authentication systems, encryption, and access controls to safeguard data and prevent unauthorized access to devices and systems. Additionally, deploying intrusion detection and prevention systems, as well as regular security audits and updates, are essential to identify and mitigate potential vulnerabilities and threats proactively.

Privacy concerns in IoE arise from the vast amount of personal data collected by interconnected devices, ranging from location information and biometric data to behavioral patterns and preferences. As such, ensuring privacy by design principles is essential, embedding privacy considerations into the design and development of IoE solutions to minimize the collection, use, and sharing of personal data to the extent necessary for their intended purpose. This may involve implementing data anonymization and pseudonymization techniques, as well as providing users with transparency and control over their data through consent mechanisms and privacy settings.

Moreover, regulatory frameworks and standards play a crucial role in addressing security and privacy challenges in IoE, providing guidelines and requirements for data protection, cybersecurity, and risk management. Compliance with regulations such as the General Data Protection Regulation (GDPR) in Europe and other parts of the world is essential for IoE deployments to ensure legal and ethical handling of personal data.

In conclusion, securing the Internet of Everything requires a holistic approach that encompasses technological, organizational, and regulatory measures to address the complex security and privacy challenges inherent in interconnected ecosystems. By prioritizing security and privacy considerations throughout the lifecycle of IoE deployments, stakeholders can build trust, mitigate risks, and unlock the full potential of this transformative technology while safeguarding individuals’ rights and interests.

The role of Identity and Access Management

Identity and Access Management (IAM) plays a critical role in the security and privacy of the Internet of Everything (IoE) ecosystem by managing the identities of users, devices, and applications and controlling their access to resources and data. In the IoE landscape, where a multitude of interconnected devices and systems exchange information and collaborate in real-time, IAM serves as a foundational layer for enforcing security policies, maintaining data integrity, and protecting against unauthorized access and cyber threats.

IAM solutions authenticate the identities of users, devices, and applications within the IoE network, verifying their credentials and granting access permissions based on predefined policies and roles. This authentication process helps establish trust among interconnected entities, ensuring that only authorized users and devices can access data and take authorized actions. By implementing adequate authentication methods such as multi-factor authentication (MFA) and biometric verification, IAM enhances the security posture of IoE deployments, mitigating the risk of credential theft, identity spoofing, and unauthorized access.

Furthermore, IAM enables access controls and privilege management, allowing organizations to define and enforce fine-grained access policies based on the principle of least privilege. By assigning specific roles and permissions to users, devices, and applications, IAM ensures that they can only access the resources and data necessary for their legitimate purposes, reducing the risk of data breaches and insider threats. Additionally, IAM solutions provide centralized visibility and auditing capabilities, enabling organizations to monitor user activities, track access patterns, and detect anomalous behavior in real-time, thereby enhancing security monitoring and incident response capabilities.

In terms of privacy, IAM plays a critical role in safeguarding personal data and ensuring compliance with data protection regulations. IAM solutions facilitate user consent management, allowing individuals to control the use and sharing of their personal information across IoE devices and services. By implementing robust consent mechanisms and privacy-enhancing technologies, IAM helps organizations adhere to privacy principles such as data minimization and purpose limitation, ensuring that personal data is only collected and processed for legitimate purposes with the explicit consent of the data subjects.

Identity and Access Management is fundamental to the security and privacy of the Internet of Everything, providing the necessary controls and mechanisms to authenticate, authorize, and manage the identities of users, devices, and applications within interconnected ecosystems. By implementing IAM best practices and technologies, organizations can establish trust, enforce security policies, and protect privacy rights, thereby enabling the responsible and secure deployment of IoE solutions in a rapidly evolving digital landscape.

Identity and access management certifications

Identity decentralization refers to the process of distributing and securing personal identity data across a network of nodes rather than relying on a central authority. Blockchain technology, known for its decentralized and immutable nature, facilitates this by storing identity information in a tamper-proof ledger shared across a network of computers. Each user retains control over their identity data through cryptographic keys, eliminating the need for intermediaries like traditional identity verification services. This decentralization enhances privacy, security, and autonomy, as users can selectively disclose identity attributes without compromising sensitive information, fostering a more transparent and trustless ecosystem for digital interactions and transactions.

Decentralized Identity in the Blockchain

Many of the ways businesses and organizations manage identities are far from efficient and include multiple points of vulnerability. User information is often stored in centralized databases or connected to third-party authentication services, creating pools of data hackers can easily mine and exploit. Companies storing the data maintain the lion’s share of control, leaving users to rely on privacy regulations to ensure proper handling of their information.

Blockchain technology could change this entire picture by taking the centralized element out of identity creation and management. The nature of data creation and storage in the blockchain makes decentralized and self-sovereign identities possible for individuals, organizations and devices. Instead of multiple identifiers spread across platforms, decentralized identity involves a single, user-controlled set of identifiers integrated into the blockchain, which theoretically could allow universal access to platforms and services.

Each “block” of data in the blockchain has its own unique “hash” setting it apart from all others. New blocks are stored in a linear, chronological fashion, and each block contains the hash information from the one before it. The result is a database of information in which blocks are both independent and interconnected, making it incredibly difficult for hackers to tamper with data. Editing information in any one block causes the hash to change and requires adjusting the hashes of all subsequent blocks, a monumental task even for the most enterprising identity thieves.

Streamlining Transactions with Smart Contracts

Whether a user is making a purchase, accessing a service, or switching between applications as part of a daily workflow, identity decentralization has the potential to simplify each transaction requiring authorization through the use of smart contracts.

A smart contract is “a computer program that directly controls the transfer of digital currencies or assets between parties under certain conditions.” Such contracts are self-executing and require no mediation by a third party. With smart contracts, a business or organization can set forth the terms of a specific transaction, such as accessing sensitive information, and rely on identities stored in the blockchain to validate users. This becomes particularly useful in zero-trust security models, as it eliminates reliance on third-party authentication services and has the potential to speed up workflows in a variety of use cases. 

Pros, Cons and Pitfalls

The biggest roadblock to the universal implementation of decentralized identities is the current low adoption rate of blockchain technology. Only 1 percent of CFOs across the globe have already deployed blockchain in their organizations, and just 8 percent have short-term plans in the works. Thirty-four percent have no interest whatsoever, which could make global interoperability impossible if the outlook doesn’t change.

However, if identity decentralization becomes a reality, it could benefit both organizations and individuals by:

• Putting control of identifying information back into users’ hands
• Minimizing the amount of data stored and transferred by organizations
• Simplifying compliance
• Allowing for the use of smart contracts to improve workflows
• Reducing or eliminating human error in transactions

Of course, every emerging technology also has its downsides. Identity verification using the blockchain is still too slow to be useful in instances where time is of the essence and lightning-fast authorization is required, and there’s always the risk of error during the initial coding of smart contracts. Hackers may still be able to undermine the security of decentralized identities if they’re able to infiltrate the blockchain at the moment a user authenticates identifying information. Once any type of error or malicious alteration becomes part of the blockchain, it’s almost impossible to correct the problem.

Metaverse and Identity Decentralization

The future of the metaverse holds immense potential as it evolves into a multifaceted digital realm, seamlessly integrating virtual and physical experiences. Enabled by advancements in virtual reality, augmented reality, blockchain technology, artificial intelligence, and internet connectivity, the metaverse is poised to revolutionize how we work, socialize, create, and interact online. In this envisioned future, individuals will navigate immersive digital environments that mirror real-world settings, engaging in a diverse range of activities such as virtual commerce, education, entertainment, and collaboration. Interconnected virtual worlds will offer boundless opportunities for creativity, exploration, and expression, transcending geographical boundaries and democratizing access to global communities and resources. As technology continues to advance and societal norms adapt, the metaverse is anticipated to become an integral part of everyday life, reshaping industries, economies, and social dynamics in unprecedented ways.

Metaverse security and identity decentralization are interlinked concepts crucial for establishing a safe and trustworthy virtual environment. Identity decentralization ensures that users retain control over their personal information within the metaverse, preventing single points of failure and reducing the risk of identity theft or manipulation. By leveraging blockchain technology or similar decentralized systems, users can securely manage their identities, maintaining privacy and autonomy across virtual spaces. This decentralized identity framework not only safeguards users’ personal data but also strengthens overall metaverse security by mitigating vulnerabilities associated with centralized identity management systems, thus fostering a more resilient and trustworthy virtual ecosystem.

Metaverse Security Certification

Metaverse security certification holds paramount importance in ensuring the safety, integrity, and trustworthiness of virtual environments. As the metaverse becomes increasingly integrated into our lives, encompassing everything from virtual commerce and entertainment to education and social interactions, the need for robust security measures becomes imperative. Certification programs serve as standardized frameworks for evaluating and verifying the security protocols, data protection measures, and privacy practices implemented within metaverse platforms. By obtaining certification, developers and operators demonstrate their commitment to safeguarding users’ sensitive information, mitigating cybersecurity risks, and upholding ethical standards in virtual spaces. Moreover, security certification instills confidence among users, fostering greater adoption and participation in the metaverse while facilitating interoperability and trust among interconnected virtual worlds. In essence, metaverse security certification plays a pivotal role in establishing a secure and resilient digital ecosystem, underpinning the long-term viability and success of the metaverse.

Netaverse security certification

Adopting identity lifecycle management best practices can minimize the IAM risks and associated pains. Every time organizations hire a new employee, the person needs access to essential information, apps, and processes to successfully perform daily tasks. With the cost of data breaches at $4 million per incident and businesses losing an average of $158 for every stolen record, it’s crucial that organizations grant and manage access with the utmost care.

 

6 Identity Lifecycle Best PracticesEmployee identities and the information to which associated credentials allow access must be carefully managed throughout each team member’s time at the organization. Defined as “the full life cycle of identity and access for a user on a given system,” identity lifecycle covers every aspect of identity and access management (IAM) from the moment a person is hired to the moment they leave the company.

With constant changes in technology and the dynamic nature of employees’ access needs in the modern workplace, it’s essential to follow these 6 IAM best practices throughout the employee lifecycle.

Cover the Basics

IAM should begin with the most straightforward steps for better security:

  • Enable multifactor authentication,
  • Create and enforce a Bring Your Own Device (BYOD) policy, or consider a Corporate-Owned, Personally Enabled (COPE) policy as an alternative,
  • Update all tools, platforms and apps regularly, and
  • Encrypt all data during sending and receiving.

Proper employee training also ensures all staff members understand policies and procedures, thereby minimizing the risk of error and reducing vulnerabilities resulting from ignorance.

Start with Smart Provisioning

Role and attribute-based access control methods assign employee access based on the minimum levels necessary to complete tasks. This makes it easier to allocate privileges to new employees. Instead of guessing what access they’ll require and running the risk of being too liberal, your system can be set to automatically assign the right level of access at the time of hiring. Real-time provisioning ensures access is available to all employees from day one. Adding a single sign-on (SSO) process streamlines the procedure, allowing staff members to use multiple apps using just one set of credentials.

Use Automatic Updating

An increasing number of apps are required to manage modern businesses, and your IT team doesn’t have the time to update provisions across apps or create new rules every time you adopt another platform.

Look for a solution designed for adding apps centrally and creating the proper provisions across all of them at the same time. As the apps you use change, employees gain instant access based on existing permissions, preventing bottlenecks in essential workflows. SSO also eases the burden on your IT department when paired with automatic updating.

Prevent Privileges from Piling Up

Privileged accounts give specific employees access to the most sensitive data and processes within your system. However, employee responsibilities change over time, and it may not always be necessary for high-level permissions to remain in place. Privilege levels must be adjusted accordingly as part of regular automatic updates. By revoking access as soon as it’s no longer needed, you minimize vulnerabilities and shut the door on hackers who target these types of accounts.

Put Up a (Geo) Fence

If your company has a team of remote employees or otherwise allows remote access to data, geo-fencing can cut down on the risk of sensitive information being accessed from the wrong places. Many employees still use public Wi-Fi connections to perform business tasks, and logging into your system while sipping a latte at Starbucks can throw the door wide open for hackers.

Geo-fencing adds another layer of protection by preventing access outside of specific locations. If you choose to implement a “fence,” make sure your access rules don’t create situations so restrictive your remote staff members can’t do their jobs.

Have a Plan for Deprovisioning

Around 49 percent of former employees log into their accounts after leaving a job or being let go. Deprovisioning prevents this type of unauthorized access by completely revoking privileges as soon as a person no longer works for your company. Like provisioning and continuous certification, deprovisioning can be automated to offload your IT department from the tedious task of revoking permissions and removing roles. This is especially important in cases where an employee’s exit was less than cordial and your company could be at risk for a malicious attack if the account remains open.

Adopting a framework for proper identity lifecycle management gives you more control over the information to which your employees have access and decreases the likelihood that your company will suffer a data breach. Even in a world where BYOD and remote work have become everyday realities, following best practices for managing identity and access keeps your company safe and ensures no accounts are left open to enterprising hackers. Working with a professional can make it easier to identify weaknesses in your current systems and implement the best fixes for your business model. Learn about audit and certification of your IAM program.

Identity and access management certifications