Password Alternatives for Authentication
Identity Management Institute
by IMI
6d ago
Global organizations are increasingly considering password alternatives for authentication to improve security and reduce data breach incidents. In the ever-evolving landscape of digital security, the traditional password is increasingly seen as a vulnerability rather than a safeguard. This realization has spurred the development and adoption of several alternative authentication methods that promise enhanced security and user convenience. Password Increasingly seen as a Vulnerability The traditional password, once the cornerstone of digital security, is increasingly viewed as a vulnerability ..read more
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Identity Management and Cybersecurity ROI
Identity Management Institute
by IMI
1w ago
The term “cybersecurity ROI” refers to the return on investment for cybersecurity measures. It is a metric used by organizations to evaluate the effectiveness and financial benefit of investing in cybersecurity technologies and practices. Calculating ROI for cybersecurity and IAM can be more complex than calculating ROI for other types of investments because the benefits often include intangible and preventative outcomes. An identity and access management protocol is a critical component of your company’s overall approach to security, and putting one in place has an effect on your bottom line ..read more
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System Access and Compliance Threats
Identity Management Institute
by IMI
2w ago
Trends in compliance threats, access management, breach detection, and privacy regulations affect IT and cybersecurity professionals across industries. Here’s what you need to know to help your business or organization stay on top of emerging compliance threats and meet changing compliance requirements.  System Access and Compliance Threats System access and compliance threats pose significant risks to organizations across various industries, encompassing everything from financial institutions to healthcare providers and beyond. These threats emerge from both internal and external sources ..read more
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Be Wary of Hivenets
Identity Management Institute
by IMI
3w ago
As more businesses seek to incorporate internet of things (IoT) technology, hackers are developing new tactics for launching cyberattacks. The very same artificial intelligence (AI) tools companies use to improve internal and customer-facing operations can enable hackers to increase the reach and magnitude of breaches. Hivenets are among the most potentially devastating developments to arise from the malicious implementation of AI. What is a Hivenet? A hivenet is the next step in the evolution of the botnet, groups of automated “bot” programs capable of seeking out vulnerabilities in devi ..read more
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Future Identification Methods
Identity Management Institute
by IMI
1M ago
In the future, identification methods will likely undergo a profound transformation, leveraging advanced technologies to enhance security, streamline processes, and prioritize user privacy. Biometric authentication, already widely used today, will continue to evolve with more sophisticated algorithms and sensors. Facial recognition, iris scanning, fingerprint analysis, and even behavioral biometrics like typing patterns or gait recognition will become more accurate and seamlessly integrated into everyday interactions. These methods offer not only heightened security but also convenience, as in ..read more
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Identity Theft with Business Registration
Identity Management Institute
by IMI
1M ago
Committing identity theft with business registration is on the rise due to several factors stemming from the increasing digitization of business operations, the sophistication of cybercriminals, and weaknesses in regulatory oversight. Rising Identity Theft with Business Registration There are a few factors contributing to the rise in identity theft with business registration and accounts. Firstly, the proliferation of online platforms and services has made it easier for fraudsters to obtain and manipulate personal and business information. With the vast amount of data available online, scammer ..read more
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Artificial Intelligence Will Transform Cybersecurity
Identity Management Institute
by IMI
1M ago
The expanding possibilities of artificial intelligence in cybersecurity are revolutionizing the way organizations detect, prevent, and respond to cyber threats. Using advanced machine learning programs and data analytics techniques, AI systems can analyze large amounts of data in real-time to identify patterns, anomalies, and potential security breaches that may evade traditional security measures. From malware detection and threat intelligence analysis to user behavior monitoring and network security, AI-powered cybersecurity solutions offer proactive defense mechanisms that adapt and evolve ..read more
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Identity Decentralization and Blockchain
Identity Management Institute
by IMI
2M ago
Identity decentralization refers to the process of distributing and securing personal identity data across a network of nodes rather than relying on a central authority. Blockchain technology, known for its decentralized and immutable nature, facilitates this by storing identity information in a tamper-proof ledger shared across a network of computers. Each user retains control over their identity data through cryptographic keys, eliminating the need for intermediaries like traditional identity verification services. This decentralization enhances privacy, security, and autonomy, as users can ..read more
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6 Best Practices for Managing the Identity Lifecycle
Identity Management Institute
by IMI
2M ago
Adopting identity lifecycle management best practices can minimize the IAM risks and associated pains. Every time organizations hire a new employee, the person needs access to essential information, apps, and processes to successfully perform daily tasks. With the cost of data breaches at $4 million per incident and businesses losing an average of $158 for every stolen record, it’s crucial that organizations grant and manage access with the utmost care.   Employee identities and the information to which associated credentials allow access must be carefully managed throughout each team mem ..read more
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Identity and Access Management Conferences
Identity Management Institute
by IMI
2M ago
Identity and Access Management conferences and events serve as crucial platforms for professionals and experts to converge, share insights, and stay abreast of the latest developments in the IAM field. These conferences bring together thought leaders, industry experts, and solution providers to discuss emerging trends, best practices, and innovative solutions in IAM and cybersecurity. Attendees have the opportunity to participate in workshops, panel discussions, and networking sessions, fostering collaboration and knowledge exchange. The benefits of attending IAM conferences are multifaceted ..read more
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