by Benjamin Kiunisala is Head of Customer Engagement
Protecting identity and personal credentials remain the weak link in data security. As infosec managers strengthen the wall around enterprise assets and apply new strategies to protect cloud data, individual users still fall prey to phishing attacks and have their credentials stolen, putting enterprise data at risk. Identity theft continues to be the primary source of data breaches, and with the new movement toward work-from-home following the COVID-19 pandemic, it has become more important than ever to secure individual identity and prevent data from being compromised due to human error. It’s time to rethink user authentication.
The number of cyberattacks designed to steal personal identity continues to skyrocket. According to the U.S. Federal Trade Commission, the number of identity theft cases doubled from 2019 to 2020, with a spike immediately following the coronavirus lockdown. The new work-from-home business culture makes identity theft even more attractive since employee credentials can unlock enterprise access as well as enabling identity theft. As a result, employers are seeing a rise in problems related to stolen credentials.