Surfing the Breach: Mastering The Bottom Turn

Surfing the Breach: Mastering The Bottom Turn

Casio data breach affects customers in 149 countries

“Casio will continue to consult with and engage an external security specialist organization to conduct further internal investigations, analyze the root causes, and devise appropriate countermeasures in response to this incident,”

https://topclassactions.com/lawsuit-settlements/privacy/data-breach/casio-data-breach-affects-customers-in-149-countries/

Okta’s Latest Security Breach Is Haunted by the Ghost of Incidents Past

“The identity management platform Okta said it suffered an intrusion in its customer support system. As an access and authentication service, a breach of Okta always comes with risks to other organizations, and the company confirmed that “certain Okta customers” were affected.”

https://www.wired.com/story/okta-support-system-breach-disclosure/

2023 Healthcare Data Breach Report

“Hacking and other IT incidents continue to dominate the breach reports. In September, hacking/IT incidents accounted for 81.25% of all reported data breaches of 500 or more records (39 incidents) and 87.23% of the exposed or stolen records (6,591,496 records). The average data breach size was 169,013 records and the median data breach size was 4,194 records.”

https://www.hipaajournal.com/september-2023-healthcare-data-breach-report/

D-Link Confirms Data Breach From a Phishing Attack

“Taiwanese networking giant D-Link has confirmed a data breach after an employee fell victim to a phishing attack. D-Link discovered the data breach on October 2, 2023, a day after an attacker began selling the stolen data on BreachForums for $500”

https://www.cpomagazine.com/cyber-security/d-link-confirms-data-breach-from-a-phishing-attack-accuses-hacker-of-exaggerating-details/

Cost of a data breach: The evolving role of law enforcement

“Data breaches are costly. According to IBM’s Cost of a Data Breach Report 2023, the average cost of a breach is $4.45 million, an increase of 15% over the past three years. However, the cost difference between those who report the incident to law enforcement and those who don’t is vast.”

https://securityintelligence.com/articles/cost-of-a-data-breach-the-evolving-role-of-law-enforcement/

Identity Insights

The bottom turn is the foundation of performance surfing, the cornerstone of every maneuver you make on the wave. Without a solid bottom turn, your surfing will be akin to a house built on sand. The bottom turn is a dynamic maneuver that must be adapted to the conditions of the wave. In cybersecurity, this can be seen as the organization's need to adapt its security measures to the evolving threat landscape.

The steady drumbeat of new data breaches is increasing despite the growing number of security tools and compliance frameworks. Absolute security is an illusion. New cybersecurity technologies and certifications are failing to protect even the most security focused organizations. Each new tool and framework offers incremental improvements that inevitably fail as attackers quickly adapt with new breach methods. Deploying new security tools is expensive and complex, attacking them is cheap and easy. Mastering the bottom turn in cybersecurity is the best defense, but how can you adapt quickly without drowning in cost and complexity?

Digital identity is the security perimeter and the first target for attackers. Digital identity orchestration is the bottom turn in cybersecurity. It automates change allowing your organization to adapt faster than attackers. It replaces expensive slow moving integration of new security tools with intelligent automation that reduces the cost and complexity of cyber security in your organization. Data breaches are inevitable, and the need for new defense tools will persist, but digital identity orchestration will help your organization master the bottom turn for maximum cybersecurity agility.

Contact IdRamp to learn more about how digital identity orchestration can automate, fortify, and revolutionize your cybersecurity strategy.


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