Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

User account credentials are both a necessary component of normal operations and a critical vector for a malicious actor’s entrance into an enterprise environment. Compensating for the inherent risk of granting the end user access to corporate systems is a challenge in balancing usability with security. When a user with low-level privileges can have their credentials abused to gain increased levels of access, superior solutions to standard username-and-password schemes become necessary.

Identity and Access Management or Identity Access Management (IAM) is a critical security function for organizations of all sizes for privileged access management. By managing access to systems and data, IAM can help mitigate the risk of information breaches and protect the organization's most valuable assets through IAM technologies.

Traditional identity and access management (IAM) implementation methods can’t provide enough flexibility, responsiveness, and efficiency. Indeed, many organizations struggle with developing a mature IAM program according to the State of Enterprise Identity report by the Ponemon Institute. Among the key reasons for this challenge cited by respondents in the report are a lack of employee awareness, an insufficient budget, and ineffective planning.

IAM (identity access management) involves numerous IT practices to enforce identity authentication and verification. But Web3 could change how we use the internet by simplifying data protection and IAM procedures. Two factors contribute to the need for authentication practices that are both fast and accurate. One, rising cyber threat activity, and two, infrastructure changes and complexity. Now, IT teams need new ways to authorize identity credentials to adapt to an evolving environment.

With the rising trend of digitization, major companies like Airbnb, Microsoft and Twitter are staying out of the office, moving processes online and allowing employees the option to work from home. Organizations are adopting remote and hybrid working models. As a result, many people are spending more than double the amount of time online as they did pre-pandemic.

Cloud computing is an effective solution for large and small companies across every industry. There has been rapid adoption due in large part to its accessibility, flexibility, and reliability. The cloud environment brings a significant amount of benefits, but at the same time, it can expose businesses to various alarming cybersecurity risks. A study conducted by Thales and 451 Research revealed that 40% of respondents have experienced a data breach within their cloud environments.

Multi-factor authentication (MFA) is an authentication method that requires at least two forms of verification of the user’s identity to gain access to an account, application, or data set. Instead of needing just a username and password to log in, MFA adds additional layers of security by requiring users to verify their identity. Each additional verification method can prevent unauthorized access from cybercriminals or hackers from executing a successful cyber attack.

You might think that the majority of cybersecurity breaches result from carefully planned and executed attacks. You may imagine hackers expertly crafting phishing emails to con employees into giving away access to critical systems, for example, or planting state-of-the-art malware on victims' servers. The reality – as Zenity co-founder and CTO Michael Bargury explains in his most recent Dark Reading column – is less interesting, and perhaps more worrying.