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Cybersecurity Key Takeaways from Major Events

March brought together industry leaders and experts at major cybersecurity events across Europe, including the esteemed Gartner IAM Summit, IT & Cybersecurity Meetings, and Forum InCyber, among others. These gatherings served as invaluable platforms for gaining deep insights and guidance to enhance cybersecurity posture while driving digital transformation and business value.

With TrustBuilder actively participating in these influential events, we are excited to share with you the indispensable Cybersecurity Key Takeaways, essential for navigating today’s complex cybersecurity landscape and unlocking business success. Let’s delve into these key insights and explore the cybersecurity strategies recommended by industry leaders.

Top 5 Cybersecurity Key Takeaways for 2024-2025

1. Addressing the Achilles’ Heel of Account Takeover Risk

Account takeover (ATO) continues to pose a significant threat to organizations of all sizes and industries. In today’s interconnected world, the conventional methods of authentication are no longer adequate. Augmenting active authentication capabilities with passive risk assessment signals, such as device recognition, behavioral analysis, and geolocation tracking, provides a robust defense against unauthorized access attempts.

Furthermore, leveraging threat intelligence capabilities allows organizations to stay ahead of malicious actors by identifying and disrupting phishing activities. By highlighting compromised credentials early on, organizations can take proactive measures to safeguard their systems and data.

It’s equally crucial to fortify the account recovery process, as this often overlooked aspect can serve as a vulnerable entry point for cybercriminals. Strengthening authentication and verification processes ensures that only authorized individuals regain access to their accounts, minimizing the risk of unauthorized access.

To mitigate this risk effectively

  • Augment Active Authentication: Combine active authentication methods with passive risk assessment signals such as device, behavior, and location analysis.
  • Leverage Threat Intelligence: Stay ahead of attackers by utilizing threat intelligence capabilities to disrupt phishing activities and detect compromised credentials.
  • Strengthen Account Recovery: Bolster account recovery processes with robust authentication and verification methods to minimize vulnerabilities.

2. Securing the Future of CIAM Efforts

Customer Identity and Access Management (CIAM) is experiencing swift transformations, driven by changing consumer expectations, regulatory requirements, but also with a significant shift towards B2B (or B2B2X) models involving partners and contractors.

To remain competitive and resilient, organizations must focus on building CIAM initiatives that are future-ready. This means placing a premium on user experience without sacrificing security. Emphasizing UX-centric security allows organizations to weave security protocols seamlessly into the user’s journey, thus improving adoption rates and overall usability.

Adopting standards-based CIAM solutions is a pivotal move towards securing the future of identity management. By aligning with industry standards, businesses can achieve interoperability, simplify integration, and establish a scalable and growth-oriented foundation.

Furthermore, choosing a CIAM solution that is customizable is crucial. Such flexibility enables businesses to tailor their processes to meet unique requirements, streamlining administrative duties and boosting efficiency.

To future-proof CIAM initiatives

  • Prioritize UX-Focused Security: Ensure security measures are seamlessly integrated into the user journey to enhance adoption rates and usability.
  • Adopt Standards-Based Solutions: Embrace CIAM solutions that adhere to industry standards to ensure interoperability and streamline integration efforts.
  • Implement Tailor-Made CIAM Solutions: Choose a CIAM solution that offers customizable workflows and implement a policy-based approach to access control.

3. Modernizing Digital Identity Verification

There is a renewed interest in digital identity verification methods, indicating a growing focus on how organizations authenticate and validate user identities. Traditional methods are giving way to more sophisticated approaches that offer enhanced security and convenience.

Additionally, the concept of one-shot services, enabled by document verification, revolutionizes user interactions by eliminating the need to create an account for occasional transactions or interactions. This approach streamlines user experiences while maintaining high levels of security through identity proofing processes. Users can engage in one-time services confidently, knowing that their identities are verified and protected.

Integrating with identity providers like for instance FranceConnect for the French market, Itsme for the Belgium or even SPID for the Italian market, further enriches the digital identity landscape, offering users a range of secure and convenient authentication solutions across different platforms and services. Ensuring interoperability with these providers is essential for creating a seamless user experience and ensuring widespread adoption.

To embrace the resurgence of digital identity

  • Incorporate Document Verification: Verify identity documents during onboarding to establish trust with customers or enable one-shot services for occasional transactions, ensuring high security through identity proofing.
  • Integrate with Identity Providers: Seamlessly integrate with identity providers such as FranceConnect and Itsme to offer convenient and secure authentication options.
  • Ensure Interoperability: Choose solutions that support orchestration with various identity providers to create a cohesive digital identity ecosystem.

4. Embracing Phishing Resistant SaaS MFA

Multifactor authentication (MFA) remains a cornerstone of cybersecurity defenses, but traditional methods are being challenged by increasingly sophisticated attacks, such as the Tycoon 2FA exploit. Organizations must embrace innovative MFA solutions to stay ahead of the curve and protect against emerging threats.

The rise of phishing-as-a-service (PhaaS) poses a significant risk to organizations, highlighting the need for robust MFA solutions that can effectively combat these attacks. Browser-based “Deviceless MFA” solutions offer a promising alternative, verifying the legitimacy of the Authentication URL to effectively thwart phishing attempts.

By moving beyond hardware tokens and exploring new authentication methods that are phishing resistant, organizations can strengthen their security posture and ensure the integrity of their digital assets while remaining convenient for the users without the constraints of a hardware token.

To embrace innovative MFA solutions

  • Explore Browser-Based MFA: Consider browser-based "Deviceless MFA" solutions that verify URL legitimacy to combat phishing attempts effectively.
  • Stay Vigilant Against PhaaS: Remain vigilant against emerging threats like phishing-as-a-service (PhaaS) and ensure Non-Phishable MFA solutions are in place to mitigate risks.
  • Continuously Evolve Authentication Methods: Move beyond traditional hardware tokens and explore new authentication methods to adapt to evolving cybersecurity threats.

5. Deploying Zero Trust Access Policies That Are User-Friendly and Effective

Crafting Zero Trust access policies that users genuinely embrace is essential for effective implementation. By prioritizing usability alongside security, organizations can foster a culture of compliance and cyber hygiene among their users.

Zero Trust access policies streamline authentication processes and reduce friction for users, enhancing overall productivity and user experience. Furthermore, integrating Federated Identity Management facilitates seamless collaboration with external partners while maintaining stringent security standards.

The rise of multi-cloud has made OpenID Connect an essential tool, enabling users to access various environments through Single Sign-On. Advanced session management strategies, like the Continuous Access Evaluation Profile, facilitate the sharing of security events, mitigate breaches, and reinforce policies effectively.

To successfully deploy UX-Friendly Zero Trust access policies

  • Prioritize User-Centric Design: Design access policies with a focus on usability, ensuring a frictionless experience for users while maintaining stringent security measures.
  • Integrate Federated Identity Management: Establish trust relationships with external entities and leverage existing Multi-Factor Authentication (MFA) solutions to enhance cybersecurity posture under Zero Trust principles.
  • Implement OIDC and Session-Based Authentication: Leverage Single Sign On, adaptive authentication and enhance your security policies based on the accessed resources.

These Cybersecurity Key Takeaways from the events of March highlight the critical need for proactive actions, innovation, and teamwork in protecting against the ever-changing threats. TrustBuilder remains committed to empowering organizations with cutting-edge cybersecurity solutions that address their unique challenges and enable them to navigate the complex cybersecurity landscape with confidence.