Decentralized proactive retiree ⁝●⁝ Cybersecurity contrarian ⁝●⁝ Bamboo enthusiast ⁝●⁝ Seeker of great truth 👁 (prev.: product & biz prodigy on Decentralized Identity, Encryption, PET, Zero-Trust & Blockchain Security)
Urgent call to action: INVEST IN IDENTITY PROTECTION! Great insight by Dave Zilberman, but I'm afraid -- with the wrong conclusion. Dave is right on the money stating that most #databreaches have to do with breaching identities. Ample data to support that (such as Verizon's Data Breach Investigations Report -- DBIR). But sadly that doesn't translate into investment priorities on the part of the VCs. Look at the huge gap between current investments in #aisecurity & #cloudsecurity and those in #identityandaccessmanagement. It's almost indescribable. The results are ominous: There is a grave lack of innovation in the identity protection space, antiquated and easily reachable technologies (e.g. SSO, SAML, Kerberos), and easily stealable identity credentials (passwords, session tokens) -- all leading to massive data breaches. AI security or some vague cloud security won't help. Identity protection must be brought up to speed with the level and sophistication of the attackers. We're nowhere near. There isn't a moment to lose. Link: [www] newcomer[dot]co/p/wizs-billion-dollar-cyber-deal-norwest I wrote extensively about the need for a next-gen identity framework. Look up my posts about it. Eric Newcomer Newcomer #iam #identityprotection #decentralizedidentity #dataencryption
CEO & Next-Generation MFA Evangelist
2moNever underestimate the importance of being able to hang out with the cool kids and focus on the latest trends in fashion, food, and cyber defenses. NVM that CISA says 90% of ransomware losses result from phishing attacks that steal credentials and defeat legacy MFA. Legacy MFA is old and boring (and people that talk about it are the same, sorry my friend). Most organizations (all the ones making data breach headlines) expect 20-year-old legacy MFA technology to stop the latest attacks. What could possibly go wrong. eh?