Matt Lawrence, Head of Defensive Security, and Dan Green, Head of Solutions, write about why compromise is inevitable – and the practical steps that organisations can take to build a security operating model capable of weathering the storm of cyber threats today.
Vanta’s mission is to secure the internet and protect consumer data. An important step to making this a reality is ensuring that every company can prove its own security to customers and prospects—creating a virtuous cycle where good security is good business. Today, we're thrilled to announce the next move in achieving our mission with Vanta's acquisition of Trustpage to reimagine the future of trust together.
Recently, Amazon accidentally exposed information on Amazon Prime Video viewing habits to the public. In addition, Thomson Reuters news and media company admitted that their servers had compromised 3TB of data by public-facing ElasticSearch databases. Well, these are the type of news we often see on the front page of cybersecurity forums. But if you dig a bit deeper, you will find that these data leaks are caused by misconfiguration, not cyber attacks.
Telephony fraud is a significant challenge. Companies of all sizes and industries are subjected to the malicious usage of voice and SMS with the intent of committing financial fraud, identity theft, denial-of-service, and a variety of other attacks. Businesses that fall victim to fraud can incur significant financial losses, irreparable damage to their reputation, and legal implications.
The Fourth Industrial Revolution, with its accelerating pace of digitization and automation, means that organizations are becoming more dependent on data processing and connectivity to deliver value to their customers and stakeholders. Threat actors exploit this growing attack surface to achieve their aims: fraud, extortion, harassment, espionage, and other harms. They are smart, adaptive, and ruthless—and getting rich as a result.
Banks have invested countless millions in Know Your Client and Know Your Customer verification, but they haven’t been able to use this knowledge beyond regulatory “check the box” procedures that can irritate clients and even cause some of them to switch banks. However, things don’t have to be this way.
