Many strictly regulated industries such as banking and finance rely heavily on identity and access management solutions to secure their systems and infrastructure. Unfortunately, as demonstrated by the Okta breach last year, these organizations are attractive targets for hackers due to the nature and quantity of the information they handle. While hackers use sophisticated ransomware once access is gained, they obtain that access through surprisingly low-tech means: for example, by calling the companies’ help desks and, using a simple voice phishing (vishing) tactic to induce IT employees to disable two-factor authentication.  

The post The Benefits of a Converged Identity Credential appeared first on Security Boulevard.

Teresa Wu, Guest Author, IDEMIA

Source: Security Boulevard
Source Link: https://securityboulevard.com/2024/03/the-benefits-of-a-converged-identity-credential/