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Customers Blame Companies not Hackers for Data Breaches

RSA Security latest search reveals over half (57%) of consumers blame companies ahead of hackers if their data is stolen. Consumer backlash in response to the numerous high-profile data breaches in recent years has exposed one of the hidden risks of digital transformation: loss of customer trust. The RSA Data Privacy & Security Survey 2019 identified that companies have lost the trust of customers as a disconnect has formed between how companies are using customer data and how consumers expect their data to be used. Despite the fact that consumers harbour heightened concerns about their privacy, they continue to exhibit poor cyber hygiene, with 83% of users admitting  that they reuse the same passwords across many sites , leaving them more vulnerable. Key takeaways from the RSA Data Privacy study, include: Context matters: Individuals across all demographics are concerned about their financial/banking data, as well as sensitive information such as passwords, but other area...

Cyber Security Predictions for 2019

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A guest article authored by Jim Ducharme, Vice President of Engineering and Product Management at RSA 1. Prepare for IOT, the “Identity of Things” From personal assistants, to wearables, smartphones, tablets and more, there is no shortage of connected devices. The explosion of IOT has finally reached a tipping point where the conversation of identity will start to take on a whole new meaning. The billions of new digital identities being created don’t come without risk – including new privacy and cybersecurity vulnerabilities. With businesses and consumers all in on IOT, how do we protect and securely manage the “identity” of the things?  2. Biometrics vs. the Four-Digit Pin Biometrics are under a lot of pressure these days to be the silver bullet of authentication. So how could a simple 4-digit pin, which has at most 10,000 possible combinations, give biometrics like FaceID with a 1 in 50 million entropy a run for its money? The industry will come to realize when 4-digit pin...