Companies have been developing and executing identity and access management (IAM) strategies for decades. “It started with mainframe time sharing, so nothing is new,” says Jay Bretzmann, program director for security products at IDC. Despite that long experience, there are still opportunities for mistakes, especially when companies are upgrading their IAM platforms to those that can better deal with modern IT deployments.
Here are six ways to tell that a company’s IAM strategy is failing.
1. Users can’t access their applications, but criminals can
The primary goal of an IAM platform is to allow legitimate users to access the resources that they need, while keeping out the bad guys. If the opposite is happening, then something is wrong. According to the latest Verizon Data Breach Incident Report, stolen credentials were the most common attack method last year, involved in half of all breaches and in over 80% of web application breaches.
LockBit is one of the most prominent ransomware-as-a-service (RaaS) operations that has targeted organizations over the past several years. Since its launch in 2019, LockBit has constantly evolved, seeing unprecedented growth recently driven by other ransomware gangs disbanding.
The LockBit creators sell access to the ransomware program and its infrastructure to third-party cybercriminals known as affiliates who break into networks and deploy it on systems for a cut of up to 75% of the money paid by victims in ransoms. Like most similar RaaS gangs, LockBit engages in double extortion tactics where its affiliates also exfiltrate data out of victim organizations and threaten to publish it online.
Arseniy Sharoglazov discovered multiple security issues in LDAP Account
Manager (LAM), a web frontend for managing accounts in an LDAP directory,
which could result in information disclosure or unauthenticated remote
code execution.
USN-5479-1 fixed vulnerabilities in PHP. This update provides the
corresponding updates for Ubuntu 16.04 ESM.
Original advisory details:
Charles Fol discovered that PHP incorrectly handled initializing certain
arrays when handling the pg_query_params function. A remote attacker could
use this issue to cause PHP to crash, resulting in a denial of service, or
possibly execute arbitrary code. (CVE-2022-31625)
Charles Fol discovered that PHP incorrectly handled passwords in mysqlnd. A
remote attacker could use this issue to cause PHP to crash, resulting in a
denial of service, or possibly execute arbitrary code. (CVE-2022-31626)
The Redirection for Contact Form 7 WordPress plugin before 2.5.0 does not escape a link generated before outputting it in an attribute, leading to a Reflected Cross-Site Scripting
The Ninja Forms Contact Form WordPress plugin before 3.6.10 does not sanitize and escape some imported data, allowing high privilege users to perform Cross-Site Scripting attacks even when the unfiltered_html capability is disallowed.
The Ninja Forms Contact Form WordPress plugin before 3.6.10 does not sanitise and escape field labels, allowing high privilege users to perform Cross-Site Scripting attacks even when the unfiltered_html capability is disallowed.
Over two-thirds (69%) of security leaders in Asia are confident about their organization’s cybersecurity resilience, even as 48% also admit that there is still room for improvement, a new joint study by Microsoft and risk advisory firm Marsh has found.
The Asian edition of The State of Cyber Resilience report, which had over 660 participants, including CEOs, CISOs, and risk managers, revealed that companies in Asia have experienced a far higher number of privacy breaches (28%) and denial of service attacks (21%) as compared to their global peers (18% and 14% respectively).
Companies in Asia perceived privacy breaches or the loss of data as their top security concerns, while globally ransomware was observed as the biggest concern among organizations. As such, data loss is a critical concern that needs to be addressed and factored into cyberrisk management strategies, the report said.
