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The editors of Solutions Review have compiled a list of the most notable identity management and information security news for the week of October 21st.
Staying on top of all the most relevant identity management and information security news can be a time-consuming task. As a result, our editorial team aims to provide an overview of last month’s top headlines in this space. Solutions Review’s editors curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other notable identity management and information security news items.
Identity Management and Information Security News for the Week of October 21st
Zerto Investigation Finds Organizations’ Ransomware Strategy Incomplete
Zerto, a Hewlett Packard Enterprise subsidiary, has released the results of its 2022 Ransomware Strategy Survey conducted at VMware Explore US in August or September 2022. Interrupt your business in the event of a ransomware attack.
Read on for details.
Sophos MDR Service Now Compatible with Third-Party Cybersecurity Technologies
Global cybersecurity leader Sophos announces compatibility of new third-party security technologies with Sophos Managed Detection and Response (MDR) to quickly and accurately detect and remediate attacks across diverse customer and operational environments To do. The industry-leading service with over 12,000 customers now integrates telemetry from third-party endpoints, firewalls, cloud, identity, email, and other security technologies as part of the Sophos Adaptive Cybersecurity Ecosystem. Integrated.
Read on for details.
Comparitech Report: Does Bitcoin Price Affect Ransomware Attacks and Ransoms?
Comparitech, an expert in consumer technology research, recently found that from 2018 to September 2022, the average number of ransomware attacks, the average ransom demanded, and the average ransom paid, fell on a monthly average. Analyzed the Bitcoin price. What are their conclusions? There are strong correlations across many sectors both globally and in the US.
Read on for details.
Code42 Incydr automates file source labeling
Code42, Inc., an Insider Risk Management (IRM) provider, announced enhancements to the Incydr Risk Index (IRI) within the Code42 Incydr product to detect and label file downloads from corporate systems. By understanding the source systems of files, security analysts can prioritize the data exfiltration that poses the greatest risk to the organization. For example, if an employee downloads a customer list from her employer’s CRM (e.g. Salesforce) and uploads it to her personal email account (e.g. Gmail), Incydr will detect the move and add Flag her CRM document as leaked.
Read on for details.
Revelstoke partners with BreachRx to provide users with an automated incident response and compliance solution
Revelstoke has partnered with BreachRx to integrate its automated incident response and compliance capabilities with the Revelstoke Enterprise Security Orchestration, Automation, and Response (SOAR) platform. This collaboration is designed to help people find answers to their security and regulatory compliance questions in real time during a crisis.
Read on for details.
FIDO Alliance Survey Reveals Global Password Usage Is Declining
This week, the FIDO Alliance published its second annual online certification barometer. It collects insights on the state of online authentication in his 10 countries around the world. New to this year’s barometer, the FIDO Alliance has begun tracking authentication in the metaverse and plans to incorporate the use of technologies such as passkeys in future editions of the report.
Read on for details.
Sift announces new platform upgrade
Sift, a Digital Trust & Safety platform, has announced the release of several new features designed to help fraud fighters work more efficiently and make smarter, faster decisions. Sift’s platform upgrade comes at a time when businesses are facing more fraud than ever before. In fact, Sift’s Q3 Digital Trust & Safety Index shows a 131% increase in account takeover attacks in the first half of 2022 compared to the same period last year.
Read on for details.
Unit21 Launches Fintech Fraud Platform Dao
Unit21 and other members of the US consumer fintech community have joined forces to launch the Fintech Fraud Decentralized Autonomous Organization (DAO). DAO is a decentralized network that uses a collaborative data-sharing approach to identify and combat fraud. DAO gives participating organizations access to aggregated user data via an open-source platform, increasing transparency and enabling faster identification of suspicious or potentially fraudulent activity .
Read on for details.
Frank Roe Joins LastPass Board of Directors
LastPass has appointed SmartBear Software CEO Frank Roe to its board of directors. Through his nearly 25 years of experience as a technology leader and innovator, Roe understands the complexity of business, the importance of collaborative leadership, and sustainable, long-term company growth through his previous roles, including at Oracle. We have developed a comprehensive understanding of the keys to creating Rogue Wave software. As a Director of LastPass, Roe is expected to help shape LastPass’ business management and strategic plans, evaluate company performance, and support key stakeholder relationships.
Read on for details.
Socure estimates that synthetic fraud will cost nearly $5 billion in financial losses by 2024.
Socure, a provider of digital identity verification and fraud solutions, recently published a report on synthetic identity fraud. This demonstrates the growing threat that this type of fraud poses to US industry, government agencies, and consumers. If synthetic identity fraud continues to go unchecked, research shows that losses will double from an estimated $2.48 billion this year to nearly $5 billion in 2024.
Read on for details.
Solutions Review Announces 4th Annual InfoSec Insight Jam 2022
of InfoSec Insight Jam The Editors of Solutions Review bring together the InfoSec industry’s brightest minds for a one-day social media gathering. Participants include industry analysts, experts, influencers, practitioners, and software his solution providers under the hashtag. #InfoSecInsightJam.
Read on for details.
PsiQuantum and Air Force Research Laboratory announce $22.5 million contract to build world’s first practical-scale quantum computer
This week, PsiQuantum formalized its partnership in quantum computing by announcing a $22.5 million contract with the Air Force Research Laboratory (AFRL) in Rome, NY. This project enables collaboration between PsiQuantum and AFRL on a quantum photonic chip used to control and process qubits based on single photons. These advanced quantum photonic chips will be co-designed by PsiQuantum and AFRL and manufactured at the GlobalFoundries semiconductor fab in Malta, NY.
Read on for details.
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