The Safeguards Rule A recent SEC ruling could inform future cybersecurity cases relating to how financial investment firms must secure their users’ personal accounts. In enforcement actions taken against eight different firms, the SEC announced on August 30, 2021, that each firm had violated the ‘Safeguards Rule’ for failing to protect against account takeover. Rule 30(a) of Regulation S-P, commonly known as the …
Planning to Prevent Account Takeover
When planning an organization’s security architecture, there has commonly been a focus on traditional approaches like managing firewalls and ensuring systems are patched. While these are critical components of any organization’s best security practices, there have been several key areas of security planning that have been overlooked. One such area of planning is the issue of password hygiene and account …
5 Industries at Risk for Credential Stuffing and ATO
All industries are targets for cyber-attacks, but some are more targeted due to the value of the accounts. Five industries in particular are more at-risk for credential stuffing and account takeover (ATO) attacks. Here is why. With articles coming out daily on new data breaches and leaks, perhaps you heard about the account takeover attacks at Basecamp, Dunkin Donuts, or …
The Costs and Risks of Account Takeover
Account takeover (ATO) attacks result in billions of dollars of fraud and damage to brand reputation each year. These are the costs and risks associated with ATO. Defining ATO Let’s start by defining ATO. Account takeover is a form of online identity theft in which a cybercriminal illegally gains access to a victim’s account, such as a bank account or …
Enzoic Part of Enterprise Security Magazine’s Top 10 Identity and Access Management Solution Providers for 2019
Enzoic is proud to be part of Enterprise Security Magazine’s Top 10 Identity and Access Management Solution Providers for 2019. Enzoic was selected to be part of this exclusive list because of the uniqueness of the technology along with the low-friction way the product helps prevent account takeover and fraud. In the past decade, over 10 billion records have been …