Why passwords are not enough to protect today’s digital economy
Over the past few years, there has been a disturbing trend in the number and types of cyber breaches around the globe. These breaches have shown that everyone is vulnerable, including the most sophisticated Information Technology (IT) organizations, the largest and most respected financial institutions, and even the United States government.
Years ago, these attacks were often rogue hackers simply testing their skills and relishing the satisfaction of having infiltrated a protected network and publicly embarrassing an organization, or temporarily interfering with its ability to conduct business.
More recently, however, dangerous actors, often sophisticated and well-organized state-sponsored cyber ‘terrorists’, are secretly and quietly exploiting networks over time to obtain sensitive information for nefarious purposes, such as stealing identities or intellectual property.
As these cyber terrorists continue to grow in sophistication, the systems that control critical US infrastructure, including power grids, transportation systems, banking infrastructure, and drinking water supplies, as well as our most sensitive military and intelligence programs, become more vulnerable.