Security - ReadWrite IoT and Technology News Wed, 17 Jan 2024 13:18:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 https://readwrite.com/wp-content/uploads/cropped-rw-32x32.jpg Security - ReadWrite 32 32 Google updates Chrome incognito warning after lawsuit https://readwrite.com/google-updates-chrome-incognito-warning-after-lawsuit/ Wed, 17 Jan 2024 13:18:02 +0000 https://readwrite.com/?p=249740 Google Incognito Mode shows hand with magnifying glass inspecting browser with Google logo colours blue, red, yellow, and green. Statement reads: “Now you can browse privately, and other people who use this device won’t see your activity. However, downloads, bookmarks and reading list items will be saved.”

Google has updated its Chrome “incognito” disclaimer weeks after agreeing to settle a $5 billion lawsuit over allegations of tracking […]

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Google Incognito Mode shows hand with magnifying glass inspecting browser with Google logo colours blue, red, yellow, and green. Statement reads: “Now you can browse privately, and other people who use this device won’t see your activity. However, downloads, bookmarks and reading list items will be saved.”

Google has updated its Chrome “incognito” disclaimer weeks after agreeing to settle a $5 billion lawsuit over allegations of tracking users’ activity even when using the browser in its discreet mode.

MSPowerUser noted the change on the latest Canary build of Google Chrome, version 122.0.6251.0. The updated disclaimer states: “Others who use this device won’t see your activity, so you can browse more privately. This won’t change how data is collected by websites you visit and the services they use, including Google. Downloads, bookmarks, and reading list items will be saved.”

The previous version said: “Now you can browse privately, and other people who use this device won’t see your activity. However, downloads, bookmarks and reading list items will be saved.”

In an email to The Verge, Google spokesperson José Castañeda said the “change provides “even more information to users about incognito Mode,” and that the company was “pleased to resolve this case which we’ve long disputed.”

The move is in response to a 2020 class action lawsuit in which Google faced claims it was collecting user data through its services in incognito mode. The Silicon Valley company denied the allegations, stating that they mention websites do collect data in incognito, even though this does not appear in the disclaimer itself.

The plaintiffs also contended that Google’s activities turned over an “unaccountable trove of information” about users who thought they were protecting their privacy.

A settlement was reached in December, however, it is still yet to be approved by a federal judge. The terms have not been reached, but lawyers said they have agreed to present a final agreement for court approval by February 24th.

Google fails to end privacy lawsuits

U.S. District Judge Yvonne Gonzalez Rogers had rejected Google’s bid to dismiss the claims in August last year, citing various statements from Google, including those in its privacy policy, that implied there were restrictions on the data it could gather.

According to Reuters, Rogers wrote, “Taken as a whole, a triable issue exists as to whether these writings created an enforceable promise that Google would not collect users’ data while they browsed privately.”

The tech company has faced several privacy lawsuits over the years, including reports that it violated federal wiretap laws. Google had mistakenly intercepted emails, user names, passwords and user data from Wi-Fi networks between 2008 and 2010 while they were creating the Street View application.

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China claims breakthrough in identifying Apple AirDrop users https://readwrite.com/china-claims-breakthrough-in-identifying-apple-airdrop-users/ Tue, 09 Jan 2024 14:59:18 +0000 https://readwrite.com/?p=248458 China claims breakthrough in identifying Apple AirDrop users. Apple AirDrop circles in white in front of glass cracked image and red and yellow flag of China in the background.

Chinese authorities have claimed they now have access to a tool that enables them to identify users of Apple’s AirDrop […]

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China claims breakthrough in identifying Apple AirDrop users. Apple AirDrop circles in white in front of glass cracked image and red and yellow flag of China in the background.

Chinese authorities have claimed they now have access to a tool that enables them to identify users of Apple’s AirDrop feature, commonly used for sending encrypted messages to bypass government censorship.

China’s Judicial Bureau reported that Beijing’s Wangshendongjian Forensic Appraisal Institute had created a device that allowed them to break through “the technical difficulties of anonymous traceability through AirDrop,” adding that the move had enhanced the efficiency and accuracy of case detection, and helped prevent the further spread of inappropriate remarks and “potential bad influence.”

In a statement, it said that a video had been circulated with “inappropriate remarks,” using the AirDrop function and that others had begun sharing the same. “Therefore, it was necessary to find the source and determine their identity as soon as possible to avoid any negative impact,” officials added.

The bureau also claimed that the project was also targeted at people with “malicious purposes,” who would use the function to send “illegal pictures, videos, audio and […] illegally delivering and spreading bad information to nearby people in crowded places such as subways, buses and shopping malls.”

It was also suggested that since AirDrop does not need an internet connection for delivery, “this behavior cannot be effectively monitored through conventional network monitoring methods,” which is why they say they appointed the lab to assist with their security apparatus.

Why does China want to restrict AirDrop?

Government officials had previously sought to restrict the use of mobile file-sharing services, in order to stop activists from mobilizing. File-sharing services such as Bluetooth and AirDrop have become essential instruments in the country, where the so-called Great Firewall has led to one of the most tightly controlled internet environments.

In recent years, AirDrop has become a popular tool among anti-government protesters for organizing and communicating their political demands. For example, in 2022, activists used AirDrop to distribute anti-Xi Jinping posters on the Shanghai subway, coinciding with the Chinese president’s anticipation of a historic third term as the country’s leader.

Apple has faced criticism for reportedly appeasing Beijing after it released a new version of the feature that limits users to a 10-minute window for receiving files from non-contacts. After this period, users can only receive files from contacts. There was also widespread backlash during the COVID-19 pandemic when workers at an Apple supplier factory in Zhengzhou were forced to work under poor conditions.

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Goodbye third party cookies on Google Chrome – here’s what happens now https://readwrite.com/google-chrome-end-third-party-cookies/ Fri, 15 Dec 2023 09:56:41 +0000 https://readwrite.com/?p=245750 A whimsical AI-generated image of a cookie apocalypse. Edible cookies explode over a circuit board. The image represents the upcoming end of third-party cookies in Google Chrome

It’s been in the pipeline for years and it’s now it’s here – Google has begun killing off third-party cookies […]

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A whimsical AI-generated image of a cookie apocalypse. Edible cookies explode over a circuit board. The image represents the upcoming end of third-party cookies in Google Chrome

It’s been in the pipeline for years and it’s now it’s here – Google has begun killing off third-party cookies in Chrome.

The search giant has taken its time. They are four years behind Mozilla’s Firefox browser and Apple’s Safari browser but now, with their alternative user tracking system, ‘Privacy Sandbox,‘ in place, it’s time to end tracking cookies in Chrome once and for all.

When will third-party cookies be phased out in Chrome?

For approximately 30 million Chrome users, right now. Towards the end of last year, the search giant outlined the changes in an update posted on their blog.

On Dec.14, Anthony Chavez the VP of Privacy Sandbox wrote: “On January 4, we’ll begin testing Tracking Protection, a new feature that limits cross-site tracking by restricting website access to third-party cookies by default.

“We’ll roll this out to 1% of Chrome users globally, a key milestone in our Privacy Sandbox initiative to phase out third-party cookies for everyone in the second half of 2024, subject to addressing any remaining competition concerns from the UK’s Competition and Markets Authority (CMA).”

What are third-party cookies used for and why is this a big deal?

Third-party cookies are small pieces of data stored on your web browser by websites other than the one you’re currently visiting. These cookies are created by third-party companies or domains that are not the primary website you’re interacting with. They are used for personalized advertising and website analytics by tracking user behavior across different websites.

Stopping them matters to online businesses because cookies help sites make money by enabling targeted advertising. Targeted ads mean better ad engagement which in turn means more revenue for advertisers, publishers, and online platforms.

Google’s plan to phase out third-party cookies in Chrome – the world’s most popular web browser – will not go unchallenged.  Several antitrust investigations from both the EU Commission and the CMA are ongoing.

Thousands of advertisers rely on cookies for their revenue and their job will become harder in the short term. Publishers have also been concerned. It becomes harder to monetize websites and ad yields fall. It might lead to a decline in the quality of the content we see online or, what is more likely, we will see more publishers switching to subscription models and a heavier push towards first-party data capture – most commonly done through registration with a website.

But what about the little guy, the casual internet browser? Well, for them the end of third-party cookies has a lot of positives. Firstly we become harder to track( ‘harder’ but not impossible). Secondly, it meets the growing demands of consumers to have better data privacy.

What is Google Chrome’s new ‘Tracking Protection’?

It’s essentially the function which will stop websites from using third-party cookies to track you as you move around the web.

Google emphasized we won’t all get it all at once. Participants will be chosen at random and get a notification when they open Chrome on desktop or Android.

Gradually it will be rolled out to more and more users.

Picture: Created by DALL-E

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Cybersecurity jobs: The highest salary roles in the US https://readwrite.com/cybersecurity-jobs-the-highest-salary-roles-in-the-us/ Mon, 01 Jan 2024 17:00:39 +0000 https://readwrite.com/?p=247053 Cybersecurity in private Sector

Cybersecurity is an industry of growing opportunities and one with plenty of job openings. There is a demand for qualified, […]

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Cybersecurity in private Sector

Cybersecurity is an industry of growing opportunities and one with plenty of job openings. There is a demand for qualified, skilled staff, a solid pipeline of work and top salaries to reward those who enter the sector.

As cyberattacks grow in frequency and seriousness, the need for diligent professionals is acute. From governments to big tech companies, the online world, our data and information need to be protected and that gets to the heart of what cybersecurity is.

Our important infrastructure like water, electricity, transport, and even healthcare rely on the IT systems to allow them to function. As part of this, the networks and data systems must be updated, protected, and supported.

What is cybersecurity?

Essentially, cybersecurity is keeping our online, connected world safe and secure. The “cyber” refers to the internet and “security” is self-explanatory.

Cybersecurity professionals ensure that hackers and others with malicious intent are unable to exploit or compromise your computers and to build a defence, to prevent attacks or to identify weaknesses in the system.

The highest salary cybersecurity roles in the US

In the USA, the average cyber security salary is $119,997 or $57.69 per hour.

According to talent.com, this rate of pay ranges from $155, 250 in West Virginia to $80, 000 in Louisiana.

The ten highest cybersecurity professional salaries, per state are as follows: 

West Virginia – $155, 250

Maryland – $145, 463

Wisconsin – $143, 325

Virginia – $142, 922

Massachusetts – $135, 150

Washington – $134, 941

California – $134, 762

Georgia – $132, 667

Hawaii – $132, 500

New Mexico –  $130, 450

Some of the best, highest-paying roles relating to cybersecurity include security engineer, network engineer, security analyst, systems analyst, systems, administrator, and programme analyst.

What are entry-level cybersecurity jobs?

Companies need to nurture new talent, train and retain staff as well as strive to meet the contemporary demand for cybersecurity professionals.

In terms of entry-level cybersecurity jobs, there are different ways to get into the industry depending on your age and current career status.

A formal degree offers a route into cybersecurity but this pipeline of workers is not enough to cover the entire industry meaning there are further opportunities to exploit. Some companies like ThreatX have collaborated with others to provide cybersecurity training, citing a workforce gap of 3.4 million people as part of its initiative.

Additionally, there are introductory courses for re-training or intense boot camp-type environments to get your foot in the door.

You can pursue basic online cybersecurity certificates as a foundation of knowledge and training but this should be backed up further by making contacts, networking, maybe finding a mentor or seeking a side hustle or project in addition to your current main role until a time when you are ready to make the step into a professional cybersecurity job.

Featured Image: Pexels

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GCHQ Christmas puzzle: Can you solve puzzle from Britain’s top cybersecurity agency? https://readwrite.com/gchq-christmas-puzzle-can-you-solve-puzzle-from-britains-top-cybersecurity-agency/ Thu, 14 Dec 2023 11:15:54 +0000 https://readwrite.com/?p=245565 GCHQ Christmas Puzzle has been launched

The United Kingdom’s (UK) Government Communications Headquarters (GCHQ) has released a cryptic Christmas puzzle for those aged between 11 and […]

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GCHQ Christmas Puzzle has been launched

The United Kingdom’s (UK) Government Communications Headquarters (GCHQ) has released a cryptic Christmas puzzle for those aged between 11 and 18, testing their minds in a series of festive challenges.

More than 1,000 secondary schools signed up for the event this year as the third annual edition of the challenge gets underway. It was designed after a Christmas card sent by Anne Keast-Butler, the director of the UK intelligence agency.

GCHQ, similar to the USA’s National Security Agency (NSA), is a British intelligence agency that focuses on gathering and analyzing information from communications to help protect national security and counter threats.

Challenges enclosed in the card are designed to test valuable skills such as codebreaking, maths, and analysis. They get progressively harder as the challenges go on and each has a connection to Christmas in some shape or form.

There are seven questions in total, some focused on word problems and others on numerical challenges. Here’s a look at the first question.

This is the first question and therefore the easiest. It asks participants to place the nine green gift tags in three groups of three. Each group is defined by a single word that links all three of the tags. When combined, those three answers are linked by another word that can follow ‘Christmas’. We’ll leave you to work out the answer…

How to take part in the 2023 GCHQ Christmas puzzle

If you head to the GCHQ website, you can find the full PDF of all seven questions, as well as hints, a blank worksheet to hand out to classes, and a teaching pack for educators. Children are encouraged to work in groups, pooling their knowledge to succeed in the various different challenges.

All of the resources are free to download, as well as the challenge from 2022. The GCHQ encourages participants to share their results on social media and even ask for help from online communities as needed, with the GCHQ itself offering tips online.

Featured image: GCHQ

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UK government risking ‘catastrophic ransomware attack’ https://readwrite.com/uk-government-risking-catastrophic-ransomware-attack/ Wed, 13 Dec 2023 11:22:57 +0000 https://readwrite.com/?p=245366 Westminster, London, UK

The United Kingdom’s (UK) government is at high risk of a “catastrophic ransomware attack” due to a lack of focus […]

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Westminster, London, UK

The United Kingdom’s (UK) government is at high risk of a “catastrophic ransomware attack” due to a lack of focus and funding, in a stark warning from a parliamentary report.

As reported by The Record, the government has been accused by the nation’s Joint Committee on the National Security Strategy (JCNSS) of not effectively planning to prevent a large-scale cyber attack that could “bring the country to a standstill.”

The news will add more pressure onto Prime Minister Rishi Sunak who is currently under heavy scrutiny on matters of illegal immigration. He breathed a sigh of relief on Tuesday after his key Rwanda bill passed its first Commons hurdle but further challenges will be presented in the new year.

The parliamentary report was highly critical of the former Home Secretary Suella Braverman for failing to address the ransomware threat:

“We found that the Home Office’s public output on cyber security and ransomware has been almost nonexistent, and has been dwarfed by its focus on small boats and illegal migration,” the JCNSS said.

UK failing to invest sufficiently in cyber security

Any potential attack is likely to be aimed at the UK’s critical national infrastructure (CNI) which consists of national assets that keep the country running, including energy supply, water supply, health, transport and telecommunications.

In recent times, the UK’s National Health Service (NHS) has been targeted which saw patient data fall into the hands of cyber attackers and a council in the North of England was crippled for more than two weeks, as outlined by the Guardian.

In the response, the JNCSS has recommended that the responsibility for ransomware should be taken away from the Home Office and put within the remit of the Cabinet Office, in conjunction with the National Cyber Security Centre and the National Crime Agency “to be overseen directly by the Deputy Prime Minister, as part of a holistic approach to cyber security and resilience.”

The government will be aware of the threat posed by these forms of cyber attacks and the damage that can be caused, but unless it acts appropriately, it will see the UK remain in a vulnerable position. This was reflected in the joint committee report with one of its findings damning the government which “knows that the possibility of a major ransomware attack is high, yet it is failing to invest sufficiently to prevent catastrophic costs later on.”

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The Evolution of Cybersecurity in the Age of IoT and Cloud Computing https://readwrite.com/the-evolution-of-cybersecurity-in-the-age-of-iot-and-cloud-computing/ Sat, 09 Dec 2023 00:24:30 +0000 https://readwrite.com/?p=244901 Evolution of Cybersecurity

The widespread spread of the Internet of Things (IoT) and cloud computing has become obvious in this continually developing tech […]

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Evolution of Cybersecurity

The widespread spread of the Internet of Things (IoT) and cloud computing has become obvious in this continually developing tech world. Everyone is embracing the potential of these transformative technologies to improve daily life activities.

Let’s take a look at the advantages and difficulties that come with the prevalent adoption of IoT and cloud computing, revealing insights into the dynamics of modern digital connectivity.

The Rise of IoT

IoT has changed how the world interacts. It has smoothly integrated into almost every aspect of our daily lives, from smart homes and wearable devices to autonomous vehicles and industrial sensors. However, this has also paved the way for cyber threats. There has been a larger avenue for threat actors due to the magnitude of interconnected devices, making traditional measures incompetent.

Cybersecurity has started concentrating on data encryption, device-level security, and robust authentication mechanisms to address security challenges. Presently, manufacturers emphasize that security is incorporated into the plan of IoT devices from the onset. This includes executing secure boot processes, regular firmware updates, and traceability and accountability enhancement using unique devices.

Cloud Computing’s Universality

Business operations have changed from traditional on-premises infrastructure to scalable and flexible cloud-based solutions since the advent of cloud computing. According to Statista, the worldwide public cloud computing market was worth 478 billion dollars in 2022 and is estimated to reach 679 billion dollars in 2024. That’s a whopping 201 billion increase in the space of 2years.

Although Cloud computing brings evident benefits such as availability and cost savings, it also has cyber security challenges. Cloud services are centralized in nature; which implies that a breach could expose a tremendous amount of sensitive data. To tackle these threats, advanced cybersecurity measures focus on data encryption, multi-factor authentication, and strong access controls.

Cloud service providers now invest greatly in advanced security measures, like real-time monitoring, threat intelligence, and automated incident response systems. The shared responsibility model emphasizes the collaboration between cloud providers and their clients –  which has become a foundation of cybersecurity to ensure a comprehensive security posture.

Confluence of IoT and Cloud Computing

The merging of IoT and Cloud Computing has created a mutual relationship that increases both the risks and benefits. The cloud provides the necessary infrastructure for storing, processing, and analyzing the vast amount of data produced by IoT devices. Even so, this connection also presents a complex security landscape.

In the end, cybersecurity aims to create a consistent and secure data flow, so it has evolved to provide end-to-end protection that involves securing the communication channels between devices and the cloud.

For the benefit of the IoT and Cloud Computing ecosystem, cybersecurity solutions apply improved identity and access management and use AI for anomaly detection and to predict threat analysis.

Challenges in the Changing Landscape

Despite the developments in cybersecurity, there are difficulties in the changing landscape of IoT and Cloud Computing.

Different IoT devices each have its own specifications and security protocols, which is a major challenge. In security practices across the industry, standardization is vital for guaranteeing a uniform and robust security posture.

The ever-changing nature of cyber threats is another challenge. As technology changes, so do the techniques employed by cybercriminals; they keep finding new ways to breach security. Cybersecurity Ventures states that global cybercrime costs will grow by 15 percent annually over the next five years, from $3 trillion in 2015 to reaching $10.5 trillion year-over-year by 2025.

Cybersecurity measures need continuous monitoring, regular updates, and joint effort between cybersecurity experts, device manufacturers, and network security providers  – to remain dynamic and versatile in front of rising threats.

The Human Factor

The human factor is an essential component of cybersecurity. While the focus is on technological solutions, users must also be educated on the risks and best practices for maintaining a secure digital environment.

Ransomware attacks, insider threats, and phishing attacks are major concerns. Phishing email statistics show that 1.2 percent of all emails sent are malicious, which translates into 3.4 billion phishing emails daily.

Education and awareness programs are very important. People should be taught to recognize and report these threats, attend cybersecurity forums and events, and they should stay informed about safe online practices, including using strong passwords or password managers.

Also, organizations must hold regular training sessions and conduct strict cybersecurity policies to keep employees informed on the most recent cyber threats and precautions. According to Cybersecurity Ventures, in 2023, global spending on security awareness training for employees is up from around $5.6 billion and is predicted to exceed $10 billion by 2027 – a whole 15 percent yearly increase.

The Future of Cybersecurity

As the world relies on digital networks daily, there is a need to strengthen and improve cybersecurity. Marsh’s U.S. Cyber Purchasing Trends report states that during the first quarter of 2023, insurance for cyber security pricing increased by 11 percent in the U.S. compared to 28 percent in 2022, and the cost is still on the rise.

The future of cybersecurity will be shaped by technologies such as artificial intelligence (AI) – which has an important role to play in threat detection and solutions, quantum computing which might present new decryption challenges and solutions, and 5G networks.

Although the spread of 5G networks will result in faster speed and connectivity, it can also give way to cyber threats. Therefore, getting the right foundation of 5G networks on vital systems and services is necessary to get ahead of attacks.

Conclusion

The evolution of cybersecurity is a continuous ride and is constantly changing. With the emergence and merging of technologies like IoT and Cloud Computing, there has been an increase in the risks of cyber threats, and cybercriminals find new ways to breach security daily.

Managing these challenges requires teamwork and an extensive security strategy. This strategy should aim to improve the digital ecosystem’s connection and make the digital future secure. It should also involve education, regular monitoring, a combination of all the latest technologies, and the creation of cybersecurity awareness.

Featured Image Credit: Tima Miroshnichenko; Pexels

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Cyber Threats: Who Is Most Affected and Its Implications? https://readwrite.com/cyber-threats-who-is-most-affected-and-its-implications/ Thu, 02 Nov 2023 14:00:51 +0000 https://readwrite.com/?p=239992 Cyber Threats

In the age of digital connectivity, cyber threats loom large, crossing borders with a non-uniform impact. This exploration delves into […]

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Cyber Threats

In the age of digital connectivity, cyber threats loom large, crossing borders with a non-uniform impact. This exploration delves into cyber threats, revealing their diverse effects on individuals, businesses, and institutions, and highlighting profound societal implications within our interconnected world. Welcome to “Cyber Threats: Impact and Implications.

Types of Cyber Threats

Malware, short for malicious software, is a broad category encompassing viruses, worms, Trojans, and spyware. It’s like a digital chameleon, adapting to its environment. Malware often targets individuals through deceptive downloads, email attachments, or compromised websites. For businesses, it can infiltrate networks through phishing emails, posing a significant risk to sensitive data.

Phishing is the art of deception. Cybercriminals impersonate trusted entities through emails, messages, or websites, luring users into revealing sensitive information like passwords or credit card details. Individuals are prime targets, but cybercriminals also set their sights on employees within organizations to gain access to corporate networks.

Ransomware locks users out of their own data until a ransom is paid. Individuals may find themselves locked out of personal files, while businesses often face a far-reaching disruption of operations. Cybercriminals prey on businesses, knowing they can demand more substantial ransoms for critical systems and sensitive data.

Not all threats come from outside. Insider threats involve individuals within an organization misusing their access privileges. This can range from accidental data leaks to intentional sabotage. While primarily a concern for businesses, insider threats can also affect government agencies and educational institutions.

DDoS attacks flood a target’s server or network with an overwhelming volume of traffic, causing services to crash. Typically, these attacks aim at disrupting business operations, rendering websites inaccessible, and are often financially motivated. Both businesses and government entities are frequent targets.

Zero-day exploits target unpatched vulnerabilities in software, hardware, or applications. These threats are highly sought after by cybercriminals and state-sponsored hackers. They may focus on anyone using vulnerable systems, from individuals to large corporations and government agencies.

 Who Is Most Affected by Cyber Threats?

Individuals find themselves on the front lines when it comes to cyber threats, facing dangers such as phishing emails, malware, and identity theft as part of their daily digital existence. Alarming statistics underscore the extent of the problem, with the first half of 2022 alone witnessing a staggering 236.1 million recorded ransomware attacks globally. The fallout from these attacks manifests as financial losses, breaches of privacy, and the nightmarish experience of identity theft.

Small and medium-sized businesses (SMBs), often the lifeblood of many economies, are enticing targets due to their valuable data assets and frequently limited cybersecurity resources. Research indicates that a substantial 43% of all cyberattacks are directed at small businesses. The consequences for these enterprises can be dire, spanning from financial hardships to reputational harm that proves arduous to mend.

Large corporations, given their expansive digital presence, grapple with cyber threats on an industrial scale. Unsurprisingly, these corporate behemoths invest heavily in cybersecurity measures. However, data breaches, even for these giants, exacted an average cost of $3.86 million per incident in 2020. Large corporations must shield themselves not only from financial losses but also from the potential long-term damage to their brand and erosion of customer trust.

Government agencies shoulder the responsibility of safeguarding critical data, including sensitive citizen information and national security secrets. Cyber threats targeting these entities present a substantial risk. According to findings from the cybersecurity firm Emsisoft, the year 2019 witnessed an extraordinary and relentless surge of ransomware attacks in the United States, affecting no fewer than 966 government agencies, educational institutions, and healthcare providers. The potential costs stemming from these attacks exceed a staggering $7.5 billion. The ramifications extend deep, encompassing national security concerns and the specter of data breaches with far-reaching consequences.

 Vulnerabilities and Challenges

Individuals: Tech reliance exposes many to risk. Unawareness, weak passwords, and risky clicks make them prime targets. Social engineering exploits trust, risking personal info and finances.

Small & Medium-Sized Businesses (SMBs): Limited resources hinder strong security. Tight budgets, inadequate training, and the perception of being less appealing targets leave them vulnerable. Handling sensitive data adds to the risk.

Corporations: Vast digital ecosystems bring unique threats. Supply chain attacks, espionage, and insider risks are constant concerns. Managing vast data demands stringent measures.

Governments: Handling massive sensitive data makes them prime cyber targets. Complex systems and transparency challenges hinder strong defenses.

In Cybersecurity:

Individuals: Educating about threats and good practices is tough. Weak passwords, neglecting updates, and falling prey to phishing persist. Balancing convenience and security is a struggle.

SMBs: Limited resources pose challenges. Finding affordable yet effective solutions is key. Underestimating threats can lead to complacency.

Corporations: Securing vast networks, diverse endpoints, and the cloud is intricate. Keeping up with evolving threats demands substantial investments.

Governments: Governments must address the dual challenge of safeguarding national interests and respecting citizens’ privacy. Striking the right balance between strong cybersecurity practices and transparency is an ongoing challenge. Additionally, governmental agencies often face budget constraints and bureaucratic hurdles when implementing security measures.

Implications of Cyber Threats

Cyber threats, often underestimated, have profound implications across the spectrum. Let’s dive into the consequences they unleash on individuals, small to medium-sized businesses (SMBs), corporations, and even government agencies.

Impact on Individuals

Financial Loss: Cyberattacks can result in significant financial losses for individuals. Ransomware attacks can lock away personal data until a hefty ransom is paid, leaving victims in financial turmoil.

Privacy Breaches: Personal information, once compromised, can lead to irreparable damage. Privacy breaches can expose intimate details, causing profound emotional distress.

Identity Theft: The nightmare of identity theft is a harsh reality in the digital age. Stolen identities can be misused in various criminal activities, leaving individuals with shattered lives.

Impact on SMBs

Economic Consequences: SMBs, the lifeblood of many economies, can crumble under the weight of cyberattacks. The cost of recovery, coupled with potential revenue losses, can be crippling.

Reputation Damage: Trust is hard to regain once lost. SMBs may find themselves struggling to rebuild their reputations after a security breach, leading to customer attrition.

Data Loss: The heart of many SMBs is their data. Losing critical data not only disrupts operations but also jeopardizes the viability of the business.

Impact on Corporations

Financial Losses: For corporations, the financial toll can run into millions or even billions of dollars. Cyberattacks can disrupt operations, result in legal penalties, and cause stock prices to plummet.

Reputational Damage: Corporations heavily rely on their image. A data breach can tarnish their reputation, eroding customer trust and shareholder confidence.

Legal Consequences: The legal aftermath of cyber threats can be complex and costly. Non-compliance with data protection regulations can lead to severe penalties.

Impact on Government Agencies

National Security Concerns: Government agencies hold sensitive information crucial to national security. Breaches can have severe implications, including espionage and the compromise of military or intelligence data.

Data Breaches with Far-reaching Consequences: Government data breaches can have far-reaching consequences, impacting not only national security but also the lives of citizens whose data is exposed.

Mitigation and Prevention

Individuals can bolster their cyber defenses by:

Fortify Passwords: Utilize intricate, one-of-a-kind passwords for online accounts.

Multi-Factor Authentication (MFA): Activate MFA whenever feasible for an extra layer of security.

Stay Updated: Ensure devices and software remain current to patch vulnerabilities.

Exercise Vigilance: Exercise caution regarding phishing emails and suspicious links.

Data Safeguarding: Routinely back up critical data to prevent loss during potential attacks.

SMBs can protect themselves by:

Firewall and Antivirus Protection: Deploy robust firewall and antivirus solutions.

Employee Training: Educate staff to identify and respond to potential threats.

Access Control: Restrict sensitive data access based on roles.

Data Encryption: Encrypt data during both transmission and storage.

Incident Response Plan: Develop a comprehensive strategy for addressing cyber incidents.

Corporations can safeguard their operations through:

Comprehensive Security Policies: Establish and rigorously enforce cybersecurity policies.

Continuous Employee Awareness: Keep employees informed about cybersecurity best practices.

Regular Security Audits: Conduct frequent security audits and assessments.

Invest in Threat Intelligence: Allocate resources to stay ahead of emerging threats.

Promote IT-Security Collaboration: Foster cooperation between IT and security teams.

Governments can secure critical infrastructure and data with:

National Cybersecurity Strategies: Formulate and implement national cybersecurity strategies.

Regulatory Oversight: Enforce regulations holding organizations accountable for security.

Global Cybersecurity Cooperation: Collaborate with other nations on cybersecurity initiatives.

Research Investment: Allocate funds for cutting-edge cybersecurity research.

Public Awareness Initiatives: Educate citizens about cyber threats and safety.

Across all sectors, continuous education and cybersecurity awareness are pivotal in combating cyber threats. This encompasses:

Phishing Awareness: Educating individuals and employees to identify phishing attempts.

Safe Online Practices: Informing users about responsible online behavior and data handling.

Cyber Hygiene: Cultivating good cyber hygiene habits, including regular updates and strong password management.

Crisis Response: Ensuring that everyone knows how to respond in the event of a breach, thus minimizing potential damage.

Conclusion

Cyber threats are indiscriminate, crossing boundaries to impact individuals, businesses, and governments. These threats have wide-ranging consequences, including financial losses, reputation damage, and national security risks.

Understanding the most affected parties is vital for effective prevention and mitigation. Whether you’re an individual protecting personal data, a small business securing your livelihood, a corporation defending your reputation, or a government safeguarding national interests, cybersecurity is a shared imperative.

In this digital era, combating cyber threats is a collective effort. It reminds us that we must unite, staying vigilant, informed, and proactive to safeguard our digital future.

Featured Image Credit: Provided by the Author; Pexels; Thank you!

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Strengthening B2B Collaboration — Essential Role of Federated Identity https://readwrite.com/strengthening-b2b-collaboration-essential-role-of-federated-identity/ Wed, 18 Oct 2023 18:00:08 +0000 https://readwrite.com/?p=238004 Strengthening B2B Collaboration

While businesses embark on a digital transformation journey, they no longer operate in isolation. Instead, they thrive on success by […]

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Strengthening B2B Collaboration

While businesses embark on a digital transformation journey, they no longer operate in isolation. Instead, they thrive on success by leveraging the true potential of partnerships, networks, and collaborations.

Regarding B2B success, enterprises can’t ignore the true potential of collaboration and growth since every partnership, whether for services or products, adds to the seamless integration of features and user experiences that aren’t everyone’s specialty.

In a nutshell, B2B collaboration for diverse aspects of security and user experience is swiftly becoming the need of the hour as more and more customers demand seamless yet secure experiences.

However, the success of these modern B2B collaborations undoubtedly hinges on two critical factors- secure partner access and effective partnership.

And here’s the crucial role of federated identity comes into play!

Let’s uncover the aspects of federated identity and learn how it’s shaping the future of effective B2B collaboration in the modern digital world.

The Changing Face of B2B Collaboration

B2B collaborations have come a long way from conventional partnerships to the hyper-connected digital world, often spanning geographical boundaries and encompassing diverse technologies.

Hence, this dynamic digital environment demands secure and efficient collaboration since greater connectivity increases the risk of cybersecurity threats and data breaches. Therefore, striking a perfect balance between openness and security must be a top priority for businesses engaged in B2B collaboration.

The Era of Interconnected Businesses

While every enterprise thinks about digitally transforming itself, it seeks multiple collaborations to develop integrated solutions that can address different challenges, offer seamless user experiences, and ensure robust security.

And for this hybridization to happen, business partners should be able to securely access sensitive information relevant to their domain without any hurdles.

Hence, the confidentiality and security of the data must be maintained through a robust access control mechanism. And to facilitate this, the crucial role of federated identity management solutions comes into play.

With federated identity management, enterprises can build a solid foundation of SAML standards that helps establish secure access between multiple platforms of different collaborated enterprises.

The Role of Federated Identity

With federated identity management, businesses can gain the potential to extend their identity and access management capabilities beyond their own boundaries.

This means they can securely share user identities and credentials across various partner organizations without requiring manual processes or duplicate storage.

Hence, this approach streamlines the onboarding and offboarding process of partners and eventually ensures that only authorized individuals gain access to sensitive data and information.

Let’s explore the unlimited business possibilities while leveraging the true potential of federated identity management.

#1. Robust Security

Security is the most important aspect of successful business collaboration in the ever-expanding modern digital world.

With a federated identity system in place, enterprises can implement a robust authentication mechanism, including multi-factor authentication, machine-to-machine authentication, etc., for all partner users.

This ensures multiple layers of authentication for safeguarding sensitive customer information and business data while collaborated parties are sharing it.

Apart from this, federated identity management allows centralized monitoring and auditing of various partner activities, which facilitates rapid threat detection and response.

#2. Effective Collaboration

Effective collaboration in the B2B landscape relies on seamless access to various shared resources, data, and applications. And federated identity management simplifies the entire process, providing partners with SSO capabilities.

This means that users authorized to access certain information or applications can access multiple systems and apps with a single set of credentials, thus reducing the friction of reentering passwords again and again for multiple platforms.

While most business collaborations fail due to poor access management, federated identity management is helping businesses deliver seamless and secure experiences across multiple platforms with streamlined access management.

This is undoubtedly why most enterprises are now inching toward adopting federated identity management to enhance productivity and user satisfaction among various partners.

#3. Role-Based Access Control

Federated identity can be fine-tuned to offer partners the right level of access based on their particular roles and responsibilities. This granular control assures that sensitive information is only accessible and available to those with the right to access it.

Organizations can maintain trust and build lasting relationships with their customers and partners by ensuring that resources and sensitive information can only be accessed by the ones who genuinely need it.

Enterprises can also enable access control within their organization to offer certain privileges to their employees in the higher hierarchy, thus enabling data privacy and confidentiality within their organization.

#4. Scalability and Efficiency

With federated identity, businesses can handle scalability in the B2B business landscape. As the business grows and forms new partnerships, the federated systems can easily accommodate new organizations and users without compromising on overall user experience and security.

This agility allows rapid expansion and scaling of collaborative efforts, offering a competitive edge in today’s dynamic business markets.

The modern cutting-edge solutions can handle multiple partners, and millions of users can leverage seamless authentication and data access without worrying about their overall security and privacy. Hence, most renowned brands have already been leveraging the true potential of federated identity systems for years.

#5. Streamlined Partner Onboarding

Apart from the security, privacy, and scalability capabilities, federated identity simplifies partner onboarding. This means partners can leverage their existing identity systems to onboard, reducing the time and effort required for setup.

When business partners collaborate, the only thing that matters is security coupled with robust security. However, the contemporary or legacy systems weren’t able to deliver a harmony of user experience and security.

In the case of federated identity management, enterprises can be assured that they can onboard as many partners and users as they wish. All this can be processed seamlessly without worrying about security, privacy, and overall user experience.

#6. Compliance and Auditing

While businesses put their best foot forward towards collaborating for overall growth, compliance with industry standards/regulations and data protection standards becomes non-negotiable.

Enterprises must understand that they must maintain compliance with all the global regulations, including the GDPR and CCPA if they’re serving customers across different countries and states.

And here’s where the essential role of federated identity management systems comes to the rescue. With federated identity, enterprises can adhere to various data privacy and security compliances. This ensures robust security as well as privacy for both customers and business partners since every aspect of data sharing is reinvented by precisely following the data security and privacy best practices.

Also, federated systems allow easy auditing for enterprises, enabling streamlined operations and processes.

#7. Cost Savings

Cost saving is undoubtedly a significant advantage of implementing federated identity management in B2B collaboration.

With federated identity management, organizations need to refrain from investing in managing multiple user identities or building their own single sign-on (SSO) solutions. This helps them in reducing their costs of development.

Apart from this, federated identity systems also allow collaborated partners to leverage their existing authentication infrastructure, saving time, resources, and costs, making federated identity a smart investment for collaborated businesses in the long run.

Future-Proofing B2B Collaboration

While every B2B business thinks about digital transformation through effective collaboration, federated identity is undoubtedly an overlooked yet essential aspect.

Whether it’s about managing a business’s security, privacy, or scalability, federated identity management covers all aspects of seamless yet secure access controls.

Hence, if a business is thinking of navigating its digital transformation journey, it can’t ignore the true potential of federated identity management to foster secure, effective, and future-proofed B2B collaboration.

The aforementioned aspects portray the endless possibilities and business advantages of leveraging federated identity management solution.

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How Can Blockchain Technology Revolutionize ATM Security? https://readwrite.com/how-can-blockchain-technology-revolutionize-atm-security/ Fri, 08 Sep 2023 20:00:13 +0000 https://readwrite.com/?p=233482 Blockchain Technology ATMs

In the world of modern banking, technology plays a crucial role in keeping our money safe and secure. One such […]

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Blockchain Technology ATMs

In the world of modern banking, technology plays a crucial role in keeping our money safe and secure. One such groundbreaking technology is blockchain.

Now, you might wonder, what is this “blockchain” thing? Think of it as a digital lockbox that nobody can open without a special key. Blockchain is like a chain of these lockboxes, linked to keep everyone’s transactions safe.

ATMs, or Automated Teller Machines, are those handy little devices that let us withdraw money, check our account balance, and even deposit cash without going inside the bank.

They have become an essential part of our daily lives, providing us with quick and easy access to our funds. But, just like any other technology, ATMs face security challenges too.

In this article, we’ll explore how blockchain technology can work its magic to make ATMs even more secure, protecting our hard-earned money and giving us peace of mind while managing our finances.

So, let’s dive into the fascinating world of blockchain and its potential to revolutionize ATM security!

The Current State of ATM Security

ATMs have been the target of various security challenges over the years, making exploring innovative solutions to protect users and their funds essential. Some of the key security challenges include:

  1. Card Skimming: Criminals install tiny devices on ATM card readers to steal card information during transactions. This allows them to clone the cards and access users’ bank accounts.
  2. Malware Attacks: Hackers create malicious software that infects ATMs, enabling them to steal sensitive data or manipulate the ATM’s functionality for fraud.
  3. Physical Breaches: ATMs located in less secure areas can be physically tampered with or broken into, leading to unauthorized access and theft.
  4. Limited Authentication Methods: Traditional ATMs often rely on basic PIN authentication, which can be vulnerable to brute-force attacks and social engineering.

Blockchain technology offers promising solutions for ATM security. By leveraging its features, such as decentralization and cryptographic hashing, blockchain can:

  • Prevent card skimming by encrypting data securely and transparently, reducing the risk of unauthorized access.
  • Protect against malware attacks through its tamper-resistant nature, making it difficult for hackers to compromise the system.
  • Enhance physical security by enabling secure peer-to-peer transactions, eliminating the need for intermediaries, and minimizing physical breach risks.
  • Introduce advanced authentication methods, such as biometrics or digital signatures, to bolster security and prevent unauthorized access.

Blockchain’s adoption will revolutionize the future, providing a robust and efficient defense against evolving threats in the digital age.

Understanding Blockchain Technology

Blockchain is like a digital, unchangeable ledger that records transactions super securely. Let’s explore how it works and why it’s so amazing!

1. What is Blockchain, and How It Works?

Imagine a chain of blocks, where each block is a bunch of transactions bundled together. These transactions could be anything, like money transfers or document records.

Now, instead of having one person or company in charge of this chain, everyone in the network has a copy of it. So, if someone tries to tamper with a block, everyone else can see it and won’t let it happen!

2. Components of a Blockchain

  • Blocks: Each block contains a bunch of transactions, just like pages in a book. When a block is full, a new one is created, linking to the previous one, forming a chain.
  • Cryptographic Hashing: This is like a unique fingerprint for each block. It takes all the data in the block and turns it into a fixed-size string of characters. If anything in the block changes, the fingerprint also alerts everyone that something’s fishy.
  • Decentralization: Unlike a single company holding the records, blockchain is spread across many computers, called nodes. This decentralization makes it super tough for hackers to mess with the system.

3. Ensuring Transparency, Immutability, and Security

  • Transparency: Since everyone has a copy of the blockchain, all transactions are visible to everyone. It builds trust and reduces the chances of fraud.
  • Immutability: Once a block is added to the chain, it cannot be altered or deleted. This permanent record ensures the integrity of the data.
  • Security: With cryptographic hashing and decentralization, blockchain becomes highly secure. Hacking one computer won’t change the entire chain, making it super safe.

Blockchain technology is like a team of watchdogs guarding a treasure chest, ensuring no one sneaks in to mess with your data!

Key Features of Blockchain for ATM Security

Blockchain transforms ATM security with decentralization and cryptographic hashing, mitigating vulnerabilities. Resilient and tamper-resistant, it safeguards users’ funds effectively.

  • Addressing Vulnerabilities: Blockchain technology can bolster ATM security by eliminating central points of control, reducing the risk of cyberattacks, and ensuring tamper-resistant data. Its decentralized nature spreads the transaction data across multiple nodes, making it incredibly difficult for hackers to target a single point of failure.
  • Decentralization for Resilience: ATMs don’t rely on a single entity for data storage or processing with blockchain. Decentralization ensures that even if one ATM is compromised, the rest of the network remains secure, minimizing the impact of potential breaches and providing a robust defense against attacks.
  • Cryptographic Hashing for Protection: Blockchain employs cryptographic hashing to convert transaction data into unique codes. This process ensures that any tampering with the data would change the hash, alerting the network to unauthorized changes and maintaining the integrity of the ATM’s transaction records.

Incorporating blockchain into ATM systems fortifies their security, creating a distributed and tamper-proof network that can withstand evolving threats and safeguard users’ funds with utmost confidence.

Blockchain-Based Identity and Authentication

Blockchain technology offers significant advancements in user identity verification at ATMs, providing enhanced security and reliability compared to traditional methods.

1. Enhanced Identity Verification

Blockchain enables a tamper-proof digital identity record, making it more reliable and secure. When a user’s identity is verified, the information is encrypted within the blockchain, reducing the risk of data breaches.

This ensures that only authorized users can access their accounts, providing an added layer of protection against identity-related fraud.

2. Digital Signatures for Authentication

The concept of digital signatures acts as unique fingerprints for each transaction. It establishes authenticity and prevents unauthorized access to user accounts.

By creating an unforgeable link between the user’s identity and actions, digital signatures bolster authentication, minimizing the chances of fraudulent activities and ensuring the integrity of transactions.

3. Decentralized Identity Solutions

With decentralized identity solutions, users retain control over their personal information. Instead of storing sensitive data in a central database prone to breaches, blockchain’s decentralized nature distributes the identity-related data across multiple nodes.

This reduces the risk of identity theft and fraud, as there is no single point of failure, making it exceedingly difficult for malicious actors to compromise the system and access sensitive information.

Secure and Transparent Transactions

Blockchain technology revolutionizes ATM security, ensuring secure and tamper-resistant transactions through its decentralized architecture. The system becomes highly resistant to data alteration and unauthorized access by linking transaction data in blocks through cryptographic hashing.

Smart contracts play a pivotal role in automating transaction processes, verifying user identity and account details before executing fund transfers without intermediaries, and minimizing errors and delays.

Real-time transaction tracking enhances transparency, enabling users to monitor progress and trace fund flow, bolstering accountability, and deterring fraudulent activities. With these key features, blockchain elevates ATM security, instilling confidence and trust in the system’s reliability.

Mitigating ATM Fraud and Attacks

You may have heard about the risks of ATM fraud, like card skimming, which can leave us concerned about using ATMs. However, there’s a technology that can significantly improve ATM security – blockchain!

Blockchain is like a digital fortress that shields us from common fraud techniques. When we use an ATM equipped with blockchain, our transaction data gets encrypted and spread across the network. This decentralization makes it incredibly difficult for hackers to tamper with or intercept our data during transactions.

Without a central control point, blockchain thwarts card skimming attempts, making it a robust defense mechanism.

Moreover, blockchain uses advanced encryption to safeguard sensitive data. Even if hackers gain access to the data, they’ll find it nearly impossible to decode, ensuring our information stays safe from data breaches and identity theft.

Another benefit is protection against DDoS attacks. Blockchain’s distributed nature means there’s no single target, making it resilient to these malicious attacks. As a result, our ATM systems can remain operational and secure even during intense cyber threats.

By leveraging these impressive features, blockchain emerges as a trustworthy ally in the battle against ATM fraud, providing us with a secure and worry-free banking experience.

Enhancing ATM Network Security

Blockchain technology has the potential to significantly enhance the security of the entire ATM network through its unique features and mechanisms:

1. Strengthening ATM Network Security

  • Blockchain’s decentralized architecture reduces the risk of single points of failure, making it harder for attackers to compromise the entire ATM network.
  • Transaction data stored in blocks and linked through cryptographic hashing ensures tamper-resistant records, maintaining the integrity of the network.

2. Consensus Mechanisms for Network Integrity

  • Consensus mechanisms, like Proof of Work or Proof of Stake, ensure that all network nodes agree on the validity of transactions, preventing fraudulent activities.
  • By achieving consensus, blockchain establishes a trustful and transparent environment for all participants, bolstering the security of the ATM network.

3. Benefits of Reducing Intermediary Dependencies

  • Blockchain eliminates the need for intermediaries, like banks, in ATM transactions, reducing associated fees and delays.
  • This direct peer-to-peer interaction streamlines the process and minimizes potential points of vulnerability, further enhancing security.

Incorporating blockchain into the ATM network provides a robust and secure infrastructure, ensuring that users can confidently conduct transactions, knowing their funds are well-protected from threats.

Regulatory and Compliance Considerations

1. Potential Compliance Challenges

Implementing blockchain technology in ATMs may encounter regulatory challenges, as this emerging technology disrupts traditional financial systems. Existing regulations might not fully account for blockchain’s decentralized nature and could require updates to address security and consumer protection concerns.

2. Impact of Data Privacy Laws on Blockchain-Based Systems

Data privacy laws play a crucial role in shaping blockchain adoption. While blockchain offers transparency and immutability, some privacy laws demand the right to be forgotten or data erased.

Striking a balance between transparency and data protection is essential, as compliance with privacy regulations is vital for blockchain’s successful implementation in ATMs.

3. Examples of Successful Blockchain Adoption in the Financial Sector

The financial sector has embraced blockchain technology to improve security and efficiency. For instance, Ripple’s cross-border payment system enables faster and more cost-effective transactions.

J.P. Morgan’s Quorum, now Consensys Quorum, enhances confidentiality and data sharing for financial institutions. These examples showcase how blockchain can revolutionize financial services while complying with applicable regulations.

Real-World Applications and Case Studies

Blockchain technology has paved the way for becoming a formidable tool in fintech development. One exemplary case study is the partnership between Mastercard and Island Pay, which deployed a blockchain-based prepaid card system in the Bahamas.

This application showcases how blockchain can be leveraged to streamline cross-border transactions using digital currency, achieving faster and more cost-effective outcomes while ensuring compliance and transparency.

In another case study, the National Bank of Egypt implemented blockchain technology to enhance remittance services. By collaborating with Ripple, the bank significantly reduced transaction times from several days to a matter of seconds.

This improvement positively impacted customer experience, reduced transaction fees, and streamlined the cross-border payment process.

Both examples demonstrate how blockchain’s decentralized and transparent nature can revolutionize financial systems, providing faster, more efficient, and secure transactions that benefit consumers and financial institutions alike.

These real-world examples emphasize how blockchain reshapes financial systems and how investing in fintech courses and bootcamps can empower individuals to become skilled professionals in this rapidly evolving field.

Real-World Applications and Case Studies

Blockchain technology has paved the way for becoming a formidable tool in fintech development. One exemplary case study is the partnership between Mastercard and Island Pay, which deployed a blockchain-based prepaid card system in the Bahamas.

This application showcases how blockchain can be leveraged to streamline cross-border transactions using digital currency, achieving faster and more cost-effective outcomes while ensuring compliance and transparency.

In another case study, the National Bank of Egypt implemented blockchain technology to enhance remittance services. By collaborating with Ripple, the bank significantly reduced transaction times from several days to a matter of seconds.

This improvement positively impacted customer experience, reduced transaction fees, and streamlined the cross-border payment process.

Both examples demonstrate how blockchain’s decentralized and transparent nature can revolutionize financial systems, providing faster, more efficient, and secure transactions that benefit consumers and financial institutions alike.

These real-world examples emphasize how blockchain reshapes financial systems and how investing in fintech courses and bootcamps can empower individuals to become skilled professionals in this rapidly evolving field.

Challenges and Future Outlook

Blockchain technology can potentially revolutionize ATM security, including Bitcoin withdrawal, but several challenges must be addressed for successful implementation.

However, the future prospects of blockchain-based ATM security are promising, with ongoing developments and advancements in the technology driving its widespread adoption in the financial industry.

Let’s explore the current limitations, future outlook, and potential advancements in blockchain technology that could further enhance ATM security.

1. Current Limitations and Challenges of Implementing Blockchain in ATMs

While blockchain shows great promise in revolutionizing ATM security, some challenges persist. First, scalability remains an issue, as blockchain networks might struggle to handle the high transaction volume of ATM networks efficiently.

Second, regulatory compliance poses hurdles, as current laws may not fully accommodate decentralized systems. Additionally, transitioning from traditional ATM infrastructure to blockchain-based systems requires substantial investment and careful planning.

2. Future Prospects of Blockchain-Based ATM Security

Despite the challenges, the future outlook for blockchain-based ATM security is promising. As technology matures, scalability solutions, such as layer-two solutions, are expected to improve network efficiency.

Regulatory frameworks will likely evolve to embrace blockchain innovations, fostering widespread adoption in the financial industry. Increased collaboration between financial institutions and blockchain developers will also drive advancements in ATM security.

3. Potential Advancements in Blockchain Technology for Enhanced ATM Security

Blockchain technology is constantly evolving, with ongoing research and development to enhance security. Advancements in quantum-resistant cryptography will bolster resistance against future threats.

Interoperability between various blockchain networks will enable seamless data exchange, improving overall network efficiency and facilitating cross-border transactions. Moreover, advancements in privacy-preserving techniques, like zero-knowledge proofs, will give users more control over their data without compromising security.

As these advancements continue to unfold, blockchain-based ATM security is poised to offer unparalleled protection, creating a safer and more trustworthy financial landscape for users worldwide.

Conclusion

Blockchain technology holds the transformative potential to revolutionize ATM security, addressing vulnerabilities and bolstering trust in financial transactions.

By leveraging decentralization and cryptographic hashing, blockchain ensures secure and tamper-resistant transactions, combatting standard ATM fraud techniques like card skimming and data breaches.

Smart contracts automate transaction processes, streamlining operations while reducing intermediary dependencies, leading to faster and more efficient transactions.

Furthermore, blockchain’s distributed nature fortifies the ATM network against DDoS attacks and single points of failure, ensuring uninterrupted services and safeguarding user funds.

Real-world applications, like the partnership between Mastercard and Island Pay, demonstrate the practical benefits of blockchain in facilitating secure cross-border transactions.

The future outlook for blockchain-based ATM security is promising, with advancements in scalability, privacy, and regulatory compliance expected to drive broader adoption.

As quantum-resistant cryptography and interoperability features continue to evolve, blockchain technology is poised to offer unparalleled protection, making the financial industry safer and more robust.

In light of these significant advancements, adopting blockchain technology in the financial industry becomes imperative. Embracing blockchain’s potential will strengthen ATM security and enhance overall financial services, bringing about transparency, efficiency, and improved user experiences.

By integrating blockchain, financial institutions can position themselves at the forefront of innovation, leading toward a more secure and trust-driven future in banking and beyond.

Featured Image Credit: Provided by the Author; Pexels; Thank you!

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Mobile App Security: Best Practices to Follow https://readwrite.com/mobile-app-security-best-practices-to-follow/ Thu, 07 Sep 2023 15:00:11 +0000 https://readwrite.com/?p=236879 Mobile App Security

Mobile App Security is a critical topic in today’s digital world. The rise of mobile apps has revolutionized the way […]

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Mobile App Security

Mobile App Security is a critical topic in today’s digital world. The rise of mobile apps has revolutionized the way we live, work, and play. However, this ease of access can also bring risks.

One primary concern for mobile app developers and users alike is security. Given the prevalence of data breaches, it is essential to prioritize security for your app.

To help you navigate these complexities, we will dive into mobile app security best practices to follow – offering valuable insights on protecting your application from potential threats.

Understanding Your Mobile Application Security Requirements

In mobile app development, using proper security measures is paramount. The initial step in safeguarding your application involves comprehending its unique security necessities.

Analyzing Data Types Handled by Your App

Different types of data are managed by various apps – from basic user information to highly-sensitive financial or personal details. Identifying what kind of data you’ll be dealing with will assist in determining appropriate protection measures and secure coding practices.

Evaluating Access Levels Needed

Identifying who requires access to various parts of your app code is another critical factor for ensuring mobile app security. Role-based permissions can significantly enhance your application’s safety, reducing exposure to potential vulnerabilities that malicious apps may exploit.

Selecting Suitable Security Measures

The protective actions should comply with industry standards and specific threats relevant to your app type. For instance, an e-commerce platform would require PCI-DSS compliance, while healthcare applications handling patient records must adhere to HIPAA regulations.

Remember: Understanding these elements before beginning the development process allows for a robust framework creation instead of just patchwork later on – saving time and resources while offering superior protection against unauthorized data access and attempts aiming to commit data theft.

It’s also crucial to keep up-to-date with the latest patches and updates from the vendor/platform provider, protecting against newly discovered exploits or vulnerabilities within older versions of software/hardware components used during the development process.

Essential Best Practices to Follow

They act as a bulwark against potential vulnerabilities and malicious apps while protecting sensitive data.

The Imperative for Data Encryption

Data encryption is non-negotiable when handling sensitive information within your application. It’s like a secure vault – impossible to open without the proper key, even if someone gains access.

Android Keystore System and iOS Keychain Services offer encrypted containers where cryptographic keys can be securely stored on mobile devices. These tools provide enhanced protection for users’ data when utilized effectively.

Banish Hard-Coded Passwords

Coding passwords directly into your app’s code is akin to leaving your house keys under the doormat; anyone who knows where to look will find them quickly enough. If attackers manage to reverse engineer or otherwise gain access to source code containing hardcoded credentials, these become easy targets for exploitation.

  1. Avoid hard-coded secrets: Instead, use tokenization or hashing methods that convert critical values into nonsensitive equivalents, providing an additional layer of protection in case of any breach.
  2. Prioritize multi-factor authentication (MFA): This approach requires users to verify their identity using at least two different factors before gaining account access, offering added security assurance.

Leverage Robust Authentication Methods

Implementing robust authentication methods is crucial for maximum security in mobile app security. This ensures that only authorized users gain access to your application and its sensitive data. In an era where malicious apps are prevalent, businesses must take proactive measures to secure their applications.

Multi-Factor Authentication (MFA)

A widely accepted practice in ensuring mobile app security is multi-factor authentication (MFA). MFA adds a layer of protection to secure mobile apps by requiring users to provide two or more verification factors to gain access. These factors can be something they know (like a password), something they have (like a hardware token), or something they are (like biometrics).

Secure Containers

Besides multi-factor authentication, secure containers also significantly protect users’ data on mobile devices. Secure containers like Android Keystore and iOS Keychain store sensitive information securely on mobile phones, preventing unauthorized access and potential data theft.

API Security

To ensure comprehensive security for your mobile applications, don’t overlook API security. APIs often handle sensitive data transfer between servers and apps; hence, any vulnerabilities could lead to severe breaches. Secure coding practices, such as input validation and rate-limiting requests, can help identify vulnerabilities early and protect against attacks.

The need for rigorous measures cannot be overstated to ensure the safety of your customer’s personal information during mobile app development processes. A great app developer follows these best practices, among others, while building web apps or other types of applications with stringent attention to maintaining high levels of data security.

Essential Best Practices to Follow

Implementing a robust authentication system is the cornerstone of mobile app security. It serves as your application’s primary line of defense, keeping unauthorized users from accessing sensitive data.

Two-Factor Authentication: An Extra Layer of Protection

Two-factor authentication (2FA), or multi-factor biometric authentication, is critical in ensuring mobile app security. This process requires not only password or PIN entry but an additional verification step such as fingerprint recognition or receiving and entering a one-time code via SMS or email.

This method significantly increases the difficulty for malicious apps to gain access, even if they have somehow obtained user passwords. Major platforms like Google Play Store and Apple App Store encourage developers to integrate this feature into their applications due to its effectiveness in enhancing overall security measures.

Maintaining Strong Password Policies

Passwords are commonly used to secure user accounts despite potential associated vulnerabilities. To enhance their efficacy, enforcing strong password policies becomes crucially important – these may include requirements for longer passwords that utilize combinations of uppercase letters, lowercase letters, numbers, and special characters.

In addition to creating complex passwords, prompting users periodically about changing their existing ones while preventing reuse can further reduce risks associated with brute force attacks by cybercriminals attempting guesswork on credentials.

Securing Backend Systems: The Role Of API Security

Your backend systems need equal attention when it comes to ensuring comprehensive protection against possible threats targeting your mobile application’s integrity; here lies the significant role played by APIs, which often serve as a bridge between server-side components where most sensitive information resides and client devices interacting with those resources through apps themselves.

Ensure optimal API security requires implementing several strategies, including SSL/TLS encryption during the transmission phase involving server-client interactions, thorough validation of all incoming requests, limiting rate limits calls, using OAuth tokens instead of directly using login details, etc., thus helping maintain service availability under high loads without compromising performance aspects either.

Monitoring Access to Your Mobile Application

The security of your mobile application largely depends on how well you monitor access. By closely monitoring your mobile app developers’ activities, suspicious or unauthorized actions can be promptly detected and addressed.

Detection of Unusual Activity

In ensuring mobile app security, swiftly identifying any abnormal behavior is crucial. This could range from multiple failed login attempts by an individual user to unexpected data requests that deviate from regular usage patterns.

Anomaly detection algorithms are highly effective as they analyze behavioral patterns and instantly flag deviations. Machine learning techniques enhance these detections further for more accurate results.

Maintaining Detailed Logs

A comprehensive logging system is vital when monitoring access to your mobile apps. Such systems record all events occurring within the environment of your application – who performed what action, where it happened, and at what time?

These logs prove invaluable during forensic investigations after a potential breach is identified to understand its nature better. OWASP recommends detailed logs, including timestamps, source IP addresses, and user IDs, among other relevant information, for optimal results.

Prompt Alert Systems

Beyond detecting irregularities effectively through anomaly detection tools and recording them accurately via robust logging systems, prompt alert mechanisms play an equally important role in securing mobile applications against malicious attacks.

Such alerts notify about possible breaches and provide actionable insights into resolving them quickly, minimizing damage caused by delayed response times.

You may choose between open-source tools like Elasticsearch or commercial products like Splunk based on specific requirements related to cost-effectiveness versus feature richness.

Remember: Timely updates keep vulnerabilities away.

Essential Best Practices to Follow

In an era where mobile applications are a primary information and service delivery source, ensuring their security is paramount.

This means that in addition to keeping your app updated with the latest patches from vendors or platform providers, you should follow several other best practices.

Data Encryption as a Security Measure

Encrypted data can help safeguard sensitive information from unauthorized access by transforming it into indecipherable code. This applies when storing data (at rest) and during transmission between devices. Advanced algorithms like AES (Advanced Encryption Standard) offer reliable protection against potential vulnerabilities. iOS Keychain for iOS apps or Android Keystore system for Android provides solid options to ensure mobile app security.

Firm Coding Practices Ensure Security

Coding securely helps prevent breaches that could lead to significant issues such as loss of user trust or legal repercussions. For instance, avoiding hard-coded passwords while developing will ensure no one gains unauthorized access using these loopholes. Moreover, validating all input fields properly reduces the chances of common threats, including buffer overflows and injection attacks. Check out this Common Weakness Enumeration Top 25 List.

User Authentication And Its Importance In Protecting Data

A robust authentication mechanism ensures that only authorized individuals gain access to any application, preventing malicious attempts at accessing user accounts through brute force attacks or password guessing. Implementing Multi-Factor Authentication provides additional layers, making breaches more difficult. For example, Google’s two-step verification process significantly enhances account safety.

Maintain Compliance & Conduct Regular Integrity Checks

All developed applications need regular compliance checks against established standards like OWASP’s top ten project, which identifies the most critical web application risks. Integrity checks post-deployment on platforms like Google Play Store or Apple App Store.

Regularly Test Your App for Vulnerabilities

The security of your mobile application is a continuous journey, not merely a destination. Consistent vulnerability testing forms the backbone of effective mobile app development, as it uncovers potential weaknesses that malicious apps or cyber attackers could target.

Penetration Testing: Unmasking Potential Threats Ahead Of Time

In the realm of cybersecurity, prevention is better than cure. Penetration testing embodies this principle by simulating real-world attack scenarios on mobile applications to uncover possible points where hackers might gain access.

Beyond pen-testing, routine security checks are also indispensable. Automated programs such as static code examination and dynamic application security assessment (DAST) provide efficient techniques to analyze your source for abnormalities or hazards, like SQL injection or cross-site scripting (XSS).

Frequent Testing: The Key To Continuous Improvement

Routine vulnerability assessments provide opportunities to promptly address security issues while ensuring robust data protection within the app environment. Regular updates based on these findings enhance overall mobile application performance over time.

  1. Testing new features during each update cycle ensures no newly introduced risks go unnoticed.
  2. All existing functionalities should undergo rigorous checks, too, since even minor changes may inadvertently introduce unexpected vulnerabilities.
  3. Apart from identifying flaws in coding practices, frequent assessment aids developers in striking a balance between user experience and stringent safety protocols.

Maintaining Balance Between User Experience And Stringent Safety Protocols

Navigating between optimal usability and rigid safety measures requires a profound understanding of both aspects – providing users with smooth interaction while keeping potential vulnerabilities at bay via consistent monitoring and timely action against detected threats.

This delicate balancing act demands a thorough comprehension of how different elements interact within an intricate ecosystem consisting of multi-factor authentication methods.

Utilize Secure Data Storage Solutions

With rising cyber threats and frequent data breaches, ensuring your app’s sensitive information remains secure is imperative.

Cloud Storage: A Preferred Choice

Most developers today opt for cloud storage solutions such as Amazon S3, Google Cloud Storage, or Microsoft Azure Blob Storage. These platforms have robust security features, including encryption during transit and at rest, access control policies, and logging capabilities.

However, these services demand meticulous configuration to avoid potential vulnerabilities. Therefore, adhering to best practices provided by the service provider when setting up your cloud storage solution becomes paramount.

Leveraging Encrypted Databases

Beyond using secure cloud storage solutions, you can bolster your mobile application’s security through encrypted databases. Technologies like SQLite integrated with SQLCipher extension or Realm database offer built-in encryption options that safeguard users’ data from unauthorized access even if an individual gains physical possession of the user’s device.

This added layer protects against malicious apps trying to gain unwarranted access via shared resources on Android devices or iOS Keychain on Apple devices, thus preventing any possible Android Keystore compromise or iOS Keychain misuse.

Data Encryption: Ensuring Security In Transit & At Rest

All sensitive information should be subjected to stringent measures ensuring its encryption while being transmitted over networks (in transit) and stored in systems (at rest). This practice ensures that even if communication gets intercepted by hackers, they won’t decipher meaningful information without having correct decryption keys.

Remember, securing data isn’t just about protecting user privacy and complying with legal regulations around handling personally identifiable information.

Keep Your App Up-to-Date

Maintaining the currency of your mobile application is a vital part of ensuring its security and functionality. Regular updates help protect against newly discovered vulnerabilities or exploits in older versions of software or hardware components used during mobile app development.

The Necessity for Frequent Updates

Frequent updates are essential for more than just incorporating fresh features or mending bugs; they’re also a must-have to guarantee mobile app security. When an update rolls out, it often includes patches designed to fix potential vulnerabilities identified by developers. These weaknesses could be exploited by malicious apps if left unaddressed.

Beyond the security risk of securing your app from threats like data theft, regular updates significantly enhance user experience on platforms such as Google Play Store and iOS App Store.

Staying Current with Security Patches

Promptly applying security patches, which address known flaws within the software component post-release, prevents hackers from exploiting these gaps before you can rectify them. Prompt action is crucial in this fast-paced digital world where every second counts when protecting users’ sensitive information.

Incorporating Automated Update Procedures

To provide continuous protection for your customers using your mobile applications, ensure your mobile app development company incorporates automated update procedures into their design wherever possible. Automating these processes reduces human error while maintaining consistent defense mechanisms against emerging cyber threats.

  1. An automatic system ensures immediate installation once the vendor releases an updated version.
  2. This process helps maintain customer trust and business reputation.

Note: Staying ahead in today’s dynamic digital landscape requires constant vigilance; hence, keeping our apps up-to-date should always remain a top priority.

FAQs- Best Practices to Follow for Mobile Apps

What are mobile security best practices?

Mobile security best practices include using secure coding, implementing robust authentication systems, regularly doing mobile app security testing for vulnerabilities, utilizing secure data storage solutions, and keeping your app up-to-date.

How can I make my mobile application secure?

You can ensure mobile application security by understanding its requirements, employing secure coding practices, monitoring access to the mobile app data encryption, and consistently testing for potential threats.

What mobile security best practices help protect you and your mobile device?

Use strong passwords or biometric locks on devices/apps to protect yourself and your device. Install trusted apps only from official app stores. Keep software updated to avoid known vulnerabilities.

Which of the following is a best practice when using mobile devices?

Avoiding public Wi-Fi networks without VPN protection is crucial when using mobile devices due to the potential risks of unsecured connections.

All these elements together form an essential guide to securing mobile apps effectively.

Featured Image Credit: Matheus Bertelli; Pexels; Thank you!

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6 Steps to Implementing Cloud Security Automation https://readwrite.com/6-steps-to-implementing-cloud-security-automation/ Fri, 25 Aug 2023 18:00:29 +0000 https://readwrite.com/?p=231725 Implement cloud security automation

Cloud security automation is crucial for protecting your team’s cloud environment from today’s ever-changing threat landscape. Automating security protocols can […]

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Implement cloud security automation

Cloud security automation is crucial for protecting your team’s cloud environment from today’s ever-changing threat landscape. Automating security protocols can be overwhelming — especially if your team is new to cybersecurity. Luckily, a straightforward six-step process can take you from default security protocols to a customized, automated cloud security framework.

1. Evaluation and Risk Assessment

The first step to automate cloud security is a thorough evaluation and risk assessment. Before automating anything, you need to understand how your cloud environment is running. This first stage will identify key automation opportunities, highlighting vulnerabilities and risk factors. That data will be the foundation of your cloud security automation strategy.

Suppose you or your organization have not run a cybersecurity risk assessment before. In that case, a basic five-step approach can prevent confusion. While the risk assessment should include all the organization’s systems, prioritize cloud-related data and infrastructure. Keep in mind an app can be highly secure and still be high risk.

A risk assessment should highlight the threats facing your organization’s most important data, apps, systems, and infrastructure. Cybersecurity risk rankings indicate what could occur in the case of compromise. Ideally, all high-risk systems and data are highly protected. Take note whenever the risk assessment reveals something is both high risk and highly vulnerable.

At this stage, it’s also important to establish your organization’s goals for cloud security. After thoroughly reviewing the risk assessment results, pinpoint a few measurable areas for improvement. For example, you may want to automate some system updates using scripting or implement an automated API security scanner.

These targets will be the foundation of your cloud security automation strategy. It may even be helpful to rank a few goals from highest to lowest priority. This will provide a starting point for your team to focus on as you begin implementing automated cloud security solutions.

2. Expand Cloud Visibility

A crucial part of effective cybersecurity is visibility, but it can be easy to miss things in a cloud environment due to its dispersed nature. Securing the cloud effectively requires expanding your visibility of your cloud resources.

During the risk assessment stage, you may have even stumbled on risks or opportunities you didn’t realize you had. Those are signs you need to improve your visibility of your cloud environment. Building out a cloud asset management platform can pool all your cloud resources into one hub where you can keep an eye on things.

A cloud asset management platform acts as a control center for your cloud environment. It includes all the devices, apps, services, servers, and systems running in your cloud environment — and any critical data, such as usage statistics.

Remember to include physical devices in your management platform. It’s easy to concentrate on software when working with the cloud, but an increasing number of cloud systems rely on input from physical technologies. Those same devices may depend on the cloud to operate correctly.

A great example of this is IoT appliances. These devices are great for automating data collection from sensors, but they are also highly vulnerable to DDoS attacks and often suffer from poor visibility. IoT devices have notoriously weak default security parameters, as well. As a result, it is crucial to have high visibility of IoT devices’ activity and connections to ensure tight security.

Many pre-built cloud asset management platforms are available today, although building your own is possible. However, check with your cloud provider before purchasing or building a management platform. Some may offer one with your subscription, or have a partnership or discount available for 3rd party management platforms.

3. Automated Cloud Security Basics

Once you have a clear understanding of the principal risks and priorities in your cloud environment and a way of monitoring all of it, you can begin implementing automation. It is often a good idea to start with basic automated cloud security measures. This includes automation that covers high-risk gaps and establishes a minimum security level for the whole cloud environment.

For example, every cloud environment should utilize encryption, which most of today’s leading cloud providers offer some level of. You should encrypt your cloud data in three stages (securityboulevard.com)/  — transit, rest, and in-use. This protects your data from unauthorized use, even if it is somehow intercepted or compromised at any stage.

The encryption does not automate any processes but ensures data is safe as it moves through your cloud environment. This allows you to implement automated strategies with less anxiety about potentially putting your data at risk.

Automated cloud data backups are another crucial security measure to implement. Data backups to the cloud are becoming more common today, but you can also back up data already in the cloud. Automating regular backups is a crucial part of any disaster recovery plan, including natural disasters and cyber-attacks.

The cloud is more resilient to natural disasters than on-prem servers, but accidents can still happen. Whether it’s the result of a cyber-attack or an unfortunate accident, losing crucial data causes about 60% of small businesses to go under within six months of the loss. So, ensure your cloud data is backed up in a different server location than the data center your cloud resources usually run from. You could even store backups in on-premises data storage. The important part is to make sure backups are happening autonomously at scheduled intervals.

Access control is the third must-have protocol to implement before automating security on a larger scale. It is all too easy for unauthorized users to move through cloud environments since they are dispersed and untethered to physical devices. Effective access control automates the process of denying access to unauthorized users and accounts.

4. Implement Case-Specific Cloud Security Automation

Now that some basic cloud security measures are in place, you can automate more complex processes. At this stage, refer to the goals you established in the first step of the cloud security automation process. Use those aims to identify what you want to automate first, and focus on one or two new integrations at a time.

In this stage, your team will automate higher-risk, more complex security protocols beyond the basics. Each organization’s cloud security automation strategy will differ significantly depending on your unique risk factors and cloud environment.

For example, your team might use a lot of APIs in your workflows. APIs are great for getting different apps and services to work well together but can also be big security risks. Luckily, you can automate API security scans to verify that the tools your team is using are trustworthy. Workload security scans can also be automated.

Similarly, you can use MFA and 2FA to automate identity verification and strengthen your access control. Scripting is another excellent cloud security automation tool to try out. Scripting can automate repetitive security processes like configuration or server updates.

Certain circumstances may also warrant unique cloud security automation tactics. For example, if some of your team members work remotely, you face unique cloud security risks. Muli-factor authentication and automated security updates using scripting will be especially helpful in this situation.

What if you want to automate specific processes on some cloud applications but not others? In this case, you can separate your cloud environment into isolated segments. You don’t need a private cloud to do this, either. You can use a hypervisor to create a remote server in any cloud environment, even shared public clouds.

A virtual private server allows you to customize the security protocols of different chunks of your cloud environment. In fact, segmenting your cloud resources can even improve cybersecurity. It prevents bad actors from gaining complete access to your cloud resources and limits the potential blast radius of a cyber attack.

5. Integrate Automated Threat Monitoring

Threat monitoring is a critical component of any cloud security automation strategy. Automating this is a high-risk process, so it is best to implement automated threat monitoring without any distractions. When trusting an AI to key an eye on your cloud environment, you must dedicate time and effort to ensuring you use a trustworthy algorithm.

Many organizations are diving into AI tools today, including cybersecurity algorithms. Running AI in the cloud allows you to use those tools without intensive on-prem computing resources. AI can be helpful for employees, customers, maintenance, security, and more, but it does come with some risks.

For example, poorly trained AI models can suffer from outdated data, compromised data, or even data bias. Researching an AI model and its developer carefully is crucial before investing in any AI security tools. Look for an algorithm trained on a large data set that gets updates regularly. Timely updates are vital for preventing zero-day attacks.

Schedule a pilot program once you identify an AI threat monitoring program that fits your cloud environment well. There are many ways to go about this. For instance, you could automate threat monitoring in one segment of your cloud environment and continue manual monitoring in others. Closely track and analyze the algorithm’s performance during this testing stage.

You can integrate AI into your cloud environment if it is more effective than manual monitoring. If the algorithm’s performance is disappointing, don’t be afraid to try out other AI threat monitoring tools. Take your time to find the model that gives your cloud resources the best protection possible.

6. Track, Evaluate, and Adjust

Each time you integrate a new automated cloud security measure, carefully track and evaluate its performance. Ideally, automated tools will save time and catch more suspicious activity. If something is hurting the network or simply not practical, take time to adjust it or replace it with a different automated security tool.

Automating security in the cloud is an ongoing process. It requires regular check-up sessions to evaluate success and identify what needs updating. Remember — the cloud threat landscape is always changing. Some automation solutions may eventually go out of date or become obsolete. Carefully monitor security news and emerging threats, and analyze your automation strategy for ways to stay ahead of hackers.

Automating Security in the Cloud

As more and more operations, businesses, tools, and computing environments move to the cloud, building resilient cloud security is increasingly important. You can use these six steps to go from zero cloud security to a robust and flexible automated cloud security system. Continuous improvement is critical to adapting to emerging threats, so repeat this process periodically and closely monitor automated security performance.

Featured Image Credit: Photo by Ola Dapo; Pexels; Thank you!

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Best UEBA Use Cases to Implement in Healthcare https://readwrite.com/best-ueba-use-cases-to-implement-in-healthcare/ Wed, 23 Aug 2023 18:00:13 +0000 https://readwrite.com/?p=231617 Cases to Implement in Healthcare

Security is essential for all industries, but healthcare faces more pressure than most. Hospitals store vast amounts of highly sensitive […]

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Cases to Implement in Healthcare

Security is essential for all industries, but healthcare faces more pressure than most. Hospitals store vast amounts of highly sensitive information, making them ideal targets for cybercrime, so their defenses must be extensive. User and entity behavioral analytics (UEBA) are one of the most helpful tools in that endeavor.

The medical sector is no stranger to artificial intelligence, but most medical AI applications focus on patient care or administrative work. Applying it to cybersecurity in the form of UEBA is a crucial step forward.

What Is User and Entity Behavioral Analytics?

User and entity behavioral analytics use machine learning to detect threats like breached accounts or ransomware. While protections like multi-factor authentication try to prevent attacks, UEBA instead focuses on stopping threats that slip through the cracks before they can cause much damage.

UEBA analyzes how different users and entities — like routers or Internet of Things (IoT) devices — behave on a network. After establishing baselines for normal behavior, machine learning tools can detect suspicious activity. They may see an account trying to access a database it rarely needs or downloading something at an odd time and flag it as a potential breach.

This process is similar to how your bank may freeze your credit card if you make a few unusual purchases. However, it applies the concept to network behavior and uses AI to make it faster and more accurate.

UEBA Benefits

UEBA use cases have many benefits spanning multiple applications. Here’s a brief look at some of their most significant.

Accuracy

Behavioral analytics systems are highly accurate. Machine learning can pick up on trends and patterns in data humans may miss, so UEBA tools can outperform human analysts when determining what is and isn’t suspicious. When properly applied, UEBA can also yield false positive rates as low as 3%, ensuring security teams don’t waste their time or resources.

UEBA can achieve higher accuracies than rule-based monitoring systems because it’s adaptive. Machine learning algorithms continually gather new data and adjust their decision-making as trends shift. That way, they can account for nuances like users slowly adopting new habits or activities being normal in some situations but not others.

Efficiency

Another benefit of UEBA is it’s fast. Machine learning tools can detect and classify anomalies almost instantly when it may take a human a few minutes. Even if those time savings are just a few seconds, they can make a considerable difference when dealing with cyber threats.

UEBA tools can often detect suspicious behavior before an account or breached device causes any real damage. By identifying and isolating threats earlier, they can dramatically reduce the impact of an attack. IBM found reducing data breach response timelines saves organizations $1.12 million on average.

Versatility

UEBA is also versatile compared to similar security tools. Some organizations employ user behavior analytics (UBA), which provides similar benefits but only looks at user activity. By also including entities, UEBA expands its detection capabilities to IoT attacks and other hardware breaches, helping prevent a broader range of incidents.

Machine learning tools like UEBA are also more versatile than rule-based anomaly detection. AI models can adapt to changing situations and account for situational differences, which rule-based systems can’t. That flexibility is vital for healthcare organizations, as telehealth has grown 38 times over its pre-COVID levels, meaning more medical staff may access systems from changing locations.

UEBA Use Cases in Healthcare

These benefits are impressive, but how much medical companies experience them depends on how they apply this technology. In that spirit, here are the five best user and entity behavior analytics use cases in healthcare.

1. Automating Risk Management

Risk management automation is one of healthcare organizations’ most beneficial UEBA use cases. IT monitoring is crucial in this industry, but many businesses need more time or staff to manage it manually. Cybersecurity talent faces a skills gap across all sectors, and over 70% of medical workers say they already work more hours because of electronic health records (EHRs).

UEBA reduces that burden by handling network threat detection without manual input. Hospitals don’t need large security teams to monitor their systems 24/7 because AI will do it for them.

Because UEBA is so accurate and efficient, medical staff can use electronic systems more efficiently. There will be fewer verification stops or run-ins because of false positives, helping reduce the burden of EHRs. Those time savings improve both cybersecurity and patient care.

2. Detecting EHR Breaches

UEBA has many advantageous specific use cases under the automation umbrella, too. One of the most relevant for healthcare organizations is detecting and responding to breaches in EHR systems.

Electronic records make it far easier to manage patient data, but they also introduce significant security risks. There were over 700 health record breaches of 500 records or more in 2022 alone, with an average of almost two breaches daily. Given this issue’s common and severe, UEBA is an indispensable tool.

UEBA can recognize when an app or account is accessing an unusual amount of records or interacting with them atypically. It can then lock the user or entity in question before it can delete, download, or share these files, preventing a breach.

3. Stopping Ransomware Attacks

Ransomware prevention is another leading UEBA use case in healthcare. The rise of ransomware-as-a-service has made these attacks increasingly common, and the medical industry is a prime target.

Ransomware attacks against healthcare organizations have more than doubled between 2016 and 2021. Stopping these incidents early is critical to minimizing damage and protecting patients’ privacy. UEBA provides that speed.

Before ransomware can steal or lock any files, it must access them all. However, UEBA will notice an unknown program suddenly trying to access a large amount of data. It can then restrict access and isolate the file, account or device from which the ransomware spreads before it can encrypt anything. That way, hospitals can prevent ransomware before losing any sensitive information.

4. Preventing Insider Threats

UEBA is also a valuable tool for addressing insider threats, which are particularly prevalent in healthcare. In fact, insider error accounts for more than twice as many breached medical records as malicious activity. Because UEBA detects all anomalies — not just those from outsiders — it can help find and prevent these mistakes.

If a doctor, nurse or other staff member tried to access something they don’t usually need, UEBA would flag it as suspicious. If it were just an accident, this stoppage would bring the issue to the employee’s attention, letting them see and correct their mistake; if it were a malicious insider, UEBA would stop them from abusing their privileges.

UEBA can detect more than just unusual access activity too. It can also identify and stop actions like sharing credentials or attempts to send files to unauthorized users. That way, it can prevent employees from falling for phishing attempts, which account for most insider threats.

5. Securing IoT Endpoints

As IoT adoption in healthcare grows, IoT security becomes an increasingly advantageous UEBA use case. The IoT falls out of the scope of traditional user behavior analytics use cases because UBA systems don’t account for devices, only people. By contrast, UEBA includes endpoints, so it can address IoT concerns.

Just as UEBA spots irregular behavior in user accounts, it can detect unusual connections or access attempts from IoT devices. Consequently, it can stop hackers from using a smart device with low built-in security as a gateway to more sensitive systems and data.

Stopping this lateral movement is crucial, as IoT devices typically have weak security, and hospitals use a lot of them. More than half of all medical IoT devices also feature critical known vulnerabilities, so improving IoT security is essential for the industry.

Behavioral Analytics Are a Must for Healthcare

These UEBA use cases scratch the surface of what this technology can do for medical organizations. As EHR adoption and cybercrime both rise, capitalizing on these applications will become all the more important.

The healthcare industry must take cybercrime seriously. User and entity behavioral analytics systems are some of the most effective tools for that goal.

Featured Image Credit: Provided by the Author; Pexels; Thank you!

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Email Security: Top 5 Threats and How to Protect Your Business https://readwrite.com/email-security/ Mon, 21 Aug 2023 17:17:28 +0000 https://readwrite.com/?p=234487 Data Security and Privacy

With the explosion of digital communication, businesses must prioritize email security. There are numerous threats to email accounts and email-based […]

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Data Security and Privacy

With the explosion of digital communication, businesses must prioritize email security. There are numerous threats to email accounts and email-based communications. Thus, understanding the complexities of email security is crucial for modern businesses.

What Is Email Security?

Email security is a multi-faceted concept that encompasses various measures used to secure access to an email account and content. It’s about protecting sensitive information from unauthorized access, loss, or compromise. With the increasing amount of sensitive data being transmitted via email, businesses need robust email security measures.

The importance of email security encompasses the protection of sensitive data and enhancing overall internet security. Email is one of the primary modes of communication, making it a popular target for cybercriminals. Securing email communications is a vital step in protecting your business online.

Email security comprises three fundamental components: confidentiality, integrity, and availability. Confidentiality ensures that only the intended recipient can access the email content. Integrity ensures that the content remains unaltered during transmission. Availability ensures that the email system is always up and running, ready for use.

Consequences of Email Security Breaches

Financial Loss

An email security breach can lead to significant financial losses. Cybercriminals can exploit compromised email accounts to launch sophisticated phishing attacks, tricking victims into revealing sensitive financial information. Unauthorized access to business emails can also expose confidential company data, leading to substantial business disruption and financial loss.

The cost of responding to an email security breach can also be substantial. This includes the expenses associated with identifying and fixing the vulnerability, recovering lost data, and implementing new security measures. In serious cases, companies might need to hire cybersecurity experts and legal counsel.

Data Loss and Theft

Data loss and theft are among the most severe consequences of an email security breach. Sensitive personal or business information can be stolen and used for illegal activities. Personal data can be used for identity theft, while business data can be exploited for competitive advantage.

Data loss can also occur if cybercriminals gain access to an email account and delete important emails or attachments. This could disrupt business operations, mainly if the lost data includes critical business information or customer records.

Reputational Damage

If customers or clients learn that their personal information is compromised due to inadequate email security, they might lose trust in the company. This could lead to a decline in customer loyalty and a decrease in business.

The news of an email security breach can negatively impact a company’s public image. It might make potential customers or partners think twice before doing business with the company—your online reputation matters so a breach could have long-lasting consequences.

Legal and Regulatory Consequences

Companies also face potential legal and regulatory consequences following an email security breach. Laws and regulations around data privacy and protection require companies to protect personal information. If a breach occurs, companies may face legal actions from affected individuals or regulatory penalties from government bodies.

For example, under the General Data Protection Regulation (GDPR), companies can be fined up to 4% of their annual global turnover for serious data breaches. Other regulations, like the California Consumer Privacy Act (CCPA), also have hefty penalties for non-compliance.

Top 5 Email Security Threats [SQ]

Phishing Attacks

In a phishing attack, cybercriminals impersonate a legitimate entity to trick victims into revealing confidential information. The information obtained can be used for various malicious purposes, including identity theft and financial fraud.

Phishing emails often look convincing, with professional-looking logos and language that mimics the style of the entity being impersonated. However, they usually contain subtle clues that can help discerning users identify them as fraudulent.

Malware and Ransomware Distribution

Email is a popular distribution channel for malware and ransomware. Malware is malicious software that can disrupt computer operations, gather sensitive information, or gain unauthorized access to computer systems. Ransomware is a type of malware that encrypts a victim’s files and demands a ransom payment to restore access.

Cybercriminals often use email attachments or links to spread malware or ransomware. Once the recipient opens the attachment or clicks on the link, the malicious software is downloaded and installed on their device.

Business Email Compromise (BEC)

Business Email Compromise (BEC) is a sophisticated scam targeting businesses that conduct wire transfers. In a BEC attack, cybercriminals impersonate a high-ranking executive or business partner to trick employees into transferring funds to a fraudulent account.

BEC attacks are typically well-researched and highly targeted. They often involve significant amounts of money, making them one of the most financially damaging email security threats.

Spam and Unwanted Content

Spam emails and unwanted content are nuisance threats that can clog up email inboxes and waste users’ time. While not as damaging as other threats, they can still pose security risks. For example, spam emails can contain malicious links or attachments or be used for phishing.

Dealing with spam and unwanted content can divert resources from more critical tasks. It can also lead to legitimate emails being overlooked or deleted accidentally.

Email Spoofing and Identity Theft

Email spoofing involves the forgery of an email header to make it appear as if the email came from someone other than the actual source. Cybercriminals use this technique to trick recipients into thinking the email is from a trusted source, making them more likely to open it and follow any instructions it contains.

Email spoofing is often used in phishing attacks and BEC scams. It’s also a standard method for spreading malware. It can lead to identity theft if personal information is revealed in response to a spoofed email.

How to Protect Your Business from Email Attacks

Email Encryption and Secure Communication

Encryption can help protect sensitive information in transit. It ensures that even if an email is intercepted, the content remains unreadable to anyone without the decryption key. Secure communication protocols like Secure Sockets Layer (SSL) and Transport Layer Security (TLS) can also provide an additional layer of security.

Secure email gateways can provide comprehensive email protection. They can scan all incoming and outgoing emails for threats, enforce data loss prevention policies, and provide encryption and secure delivery options.

Regular Monitoring and Incident Response

Regular monitoring can help detect any unusual activity indicating an email security breach. For instance, sudden spikes in email traffic or an increase in bounced emails could signal a compromised email account.

An incident response plan can ensure a swift and effective response to security incidents. It should outline the steps to take in the event of a breach, including isolating affected systems, identifying and mitigating the vulnerability, and notifying relevant parties.

User Training and Awareness

Even the best security solutions can be bypassed if users are unaware of the risks and how to avoid them. Regular training sessions can help users understand the latest threats and how to identify and report suspicious emails.

Users should be encouraged to adopt safe email practices. This includes refraining from opening unexpected attachments, clicking on links in suspicious emails, or sharing sensitive information via email.

Implement Robust Email Security Solutions

Implementing robust email security solutions is the first line of defense against email attacks. This can include spam filters, anti-malware software, and phishing detection tools. These solutions can help identify and block malicious emails before they reach the user’s inbox.

Advanced email security solutions can provide features like link protection and attachment sandboxing. Link protection can check the safety of links in real-time, while attachment sandboxing can analyze attachments in a secure environment to detect any malicious behavior.

Conclusion

As we have seen, email security is a critical aspect of internet security. Understanding the potential threats and implementing effective protection measures can help safeguard your personal and business communications in the digital age. Every email you send or receive is a potential vulnerability, so it’s essential to be aware of the threat and build an email security strategy.

Featured Image Credit: Provided by the Author; Thank you!

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Leverage Generative AI Advantages While Safeguarding Your Future https://readwrite.com/leverage-generative-ai-advantages-while-safeguarding-your-future/ Thu, 17 Aug 2023 12:00:57 +0000 https://readwrite.com/?p=234504

Generative AI has a transformative impact across nearly all industries and applications. Large Language Models (LLMs) have revolutionized natural language […]

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Generative AI has a transformative impact across nearly all industries and applications. Large Language Models (LLMs) have revolutionized natural language processing, enabled conversational agents, and automated content generation. In healthcare, LLMs promise to aid in drug discovery, as well as personalized physical and mental treatment recommendations. In the creative realm, generative AI can generate art, music, and design, pushing the boundaries of human creativity. In finance, it assists in risk assessment, fraud detection, and algorithmic trading. With versatility and innovation, generative AI will continue to redefine industries and drive new possibilities for the future.

First brought to market at the end of November 2022, ChatGPT had about 266 million visits by December and 1 million active users in the first 5 days — a record adoption rate for any application at that time. In April 2023, the site received about 1.76 billion visits, according to analytics company Similarweb. At no point in history had any software been so rapidly and enthusiastically embraced by individuals across all industries, departments, and professions.

Related: Is AI Going to Benefit HR in the Future?

However, enterprises across the globe find themselves unable to empower large-scale, safe, and controlled use of generative AI because they are unprepared to address the challenges it brings. The consequences of data leakage are tremendous, and heroic innovation for data protection to accelerate, foster, and ensure safe usage is now imperative.

Fortunately, technical solutions are the best path forward. Generative AI’s utility overrides employees’ security concerns, even when enterprises have clear policies guiding or preventing the use of the technology. Thus questions such as “How to prevent data leakage” are useless as employees continue to use Generative AI tools regardless of privacy concerns. For example, tech giant Samsung recently reported that personnel used ChatGPT to optimize operations and create presentations, resulting in Samsung’s trade secrets being stored on ChatGPT servers.

While these sorts of incidents are alarming to an enterprise, they have not stopped their employees from wanting to leverage the efficiencies offered by Generative AI. According to Fishbowl, 70% of employees leveraging ChatGPT for work haven’t disclosed their usage to management. A similar report by Cyberhaven shows that 11% of workers have put confidential company information into LLMs. Employees use alternate devices, VPNs, and alternate generative AI tools to circumvent corporate network bans blocking access to these productivity-enhancing tools. As such, privacy preservation in big data has become one big game of whack-a-mole.

Many generative AI and LLM providers have been relying solely on contractual legal guarantees (such as Terms of Service) to promise no misuse of the Generative AI data that gets exposed to the providers and their platforms. Litigation against these providers is proving expensive, uncertain, and slow. Many causes of action will likely go undiscovered, as the use of leaked information can be difficult to detect.

Related: Deepfakes, Blackmail, and the Dangers of Generative AI

How to Leverage Generative AI Data Safely and Successfully

Safeguarding your data in the generative AI era will require ongoing vigilance, adaptation, and active solutions. By taking the steps outlined below today, you can prepare your organization for whatever this new era brings, seizing the opportunities while navigating the challenges with confidence and foresight.

1. Understand your AI landscape inventory.

Conduct a comprehensive assessment of current and potential generative AI usage for your organization. Include departments such as IT, HR, Legal, Operations, any other departments that may be utilizing AI, as well as your AI teams, privacy, and security experts.

Document all the ways AI is being (and could be) used, such as search, summarization, chatbots, internal data analysis, and any AI tools that are currently implemented — both approved and unapproved. Be sure to include any third party AI systems (or systems that are using embedded AI functionality) your company relies on.

For each application, identify the potential data risks. These include exposure of confidential information and trade secrets, security vulnerabilities, data privacy issues, potential for bias, possibilities of misinformation, or negative impacts on employees or customers. Evaluate and prioritize the risks, identify and prioritize mitigation strategies, and continually monitor their effectiveness.

2. Design solutions with a clear focus on data protection.

Despite everybody’s best security efforts, data breaches can and will happen. In addition to the data governance and access controls that prevent unnecessary data exposure inside your organization, it’s now essential to incorporate fail-safe solutions that prevent unprotected data from being exposed to the generative AI tools that live outside of your organization (unprotected data is data that’s in a human-understandable form like plain text or images). Partner with generative-AI companies that enable you to maintain the ownership of your plain-text data.

3. Educate and train your workforce.

Your employees are a crucial element when addressing how to prevent data leakage. Invest in their education and training and encourage them to familiarize themselves with the concepts, tools, and best practices related to generative AI, but do not rely on them to be foolproof. Foster a culture that embraces AI and is aware of its implications while safeguarding against its inherent risks.

As a16z’s Marc Andreesen recently wrote: “AI is quite possibly the most important — and best — thing our civilization has ever created, certainly on par with electricity and microchips.” It’s now clear that the future of business will be undeniably intertwined with generative AI.

You have the power to leverage the advantages offered by generative AI while proactively securing the future of your organization. By adopting forward-looking solutions, you can ensure data protection as you forge the path to this revolutionary future.

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How Important Is Explainability in Cybersecurity AI? https://readwrite.com/how-important-is-explainability-in-cybersecurity-ai/ Mon, 14 Aug 2023 21:00:30 +0000 https://readwrite.com/?p=231441 Explainability in Cybersecurity

Artificial intelligence is transforming many industries but few as dramatically as cybersecurity. It’s becoming increasingly clear that AI is the […]

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Explainability in Cybersecurity

Artificial intelligence is transforming many industries but few as dramatically as cybersecurity. It’s becoming increasingly clear that AI is the future of security as cybercrime has skyrocketed and skills gaps widen, but some challenges remain. One that’s seen increasing attention lately is the demand for explainability in AI.

Concerns around AI explainability have grown as AI tools, and their shortcomings have experienced more time in the spotlight. Does it matter as much in cybersecurity as other applications? Here’s a closer look.

What Is Explainability in AI?

To know how explainability impacts cybersecurity, you must first understand why it matters in any context. Explainability is the biggest barrier to AI adoption in many industries for mainly one reason — trust.

Many AI models today are black boxes, meaning you can’t see how they arrive at their decisions. BY CONTRAST, explainable AI (XAI) provides complete transparency into how the model processes and interprets data. When you use an XAI model, you can see its output and the string of reasoning that led it to those conclusions, establishing more trust in this decision-making.

To put it in a cybersecurity context, think of an automated network monitoring system. Imagine this model flags a login attempt as a potential breach. A conventional black box model would state that it believes the activity is suspicious but may not say why. XAI allows you to investigate further to see what specific actions made the AI categorize the incident as a breach, speeding up response time and potentially reducing costs.

Why Is Explainability Important for Cybersecurity?

The appeal of XAI is obvious in some use cases. Human resources departments must be able to explain AI decisions to ensure they’re free of bias, for example. However, some may argue that how a model arrives at security decisions doesn’t matter as long as it’s accurate. Here are a few reasons why that’s not necessarily the case.

1. Improving AI Accuracy

The most important reason for explainability in cybersecurity AI is that it boosts model accuracy. AI offers fast responses to potential threats, but security professionals must be able to trust it for these responses to be helpful. Not seeing why a model classifies incidents a certain way hinders that trust.

XAI improves security AI’s accuracy by reducing the risk of false positives. Security teams could see precisely why a model flagged something as a threat. If it was wrong, they can see why and adjust it as necessary to prevent similar errors.

Studies have shown that security XAI can achieve more than 95% accuracy while making the reasons behind misclassification more apparent. This lets you create a more reliable classification system, ensuring your security alerts are as accurate as possible.

2. More Informed Decision-Making

Explainability offers more insight, which is crucial in determining the next steps in cybersecurity. The best way to address a threat varies widely depending on myriad case-specific factors. You can learn more about why an AI model classified a threat a certain way, getting crucial context.

A black box AI may not offer much more than classification. XAI, by contrast, enables root cause analysis by letting you look into its decision-making process, revealing the ins and outs of the threat and how it manifested. You can then address it more effectively.

Just 6% of incident responses in the U.S. take less than two weeks. Considering how long these timelines can be, it’s best to learn as much as possible as soon as you can to minimize the damage. Context from XAI’s root cause analysis enables that.

3. Ongoing Improvements

Explainable AI is also important in cybersecurity because it enables ongoing improvements. Cybersecurity is dynamic. Criminals are always seeking new ways to get around defenses, so security trends must adapt in response. That can be difficult if you are unsure how your security AI detects threats.

Simply adapting to known threats isn’t enough, either. Roughly 40% of all zero-day exploits in the past decade happened in 2021. Attacks targeting unknown vulnerabilities are becoming increasingly common, so you must be able to find and address weaknesses in your system before cybercriminals do.

Explainability lets you do precisely that. Because you can see how XAI arrives at its decisions, you can find gaps or issues that may cause mistakes and address them to bolster your security. Similarly, you can look at trends in what led to various actions to identify new threats you should account for.

4. Regulatory Compliance

As cybersecurity regulations grow, the importance of explainability in security AI will grow alongside them. Privacy laws like the GDPR or HIPAA have extensive transparency requirements. Black box AI quickly becomes a legal liability if your organization falls under this jurisdiction.

Security AI likely has access to user data to identify suspicious activity. That means you must be able to prove how the model uses that information to stay compliant with privacy regulations. XAI offers that transparency, but black box AI doesn’t.

Currently, regulations like these only apply to some industries and locations, but that will likely change soon. The U.S. may lack federal data laws, but at least nine states have enacted their own comprehensive privacy legislation. Several more have at least introduced data protection bills. XAI is invaluable in light of these growing regulations.

5. Building Trust

If nothing else, cybersecurity AI should be explainable to build trust. Many companies struggle to gain consumer trust, and many people doubt AI’s trustworthiness. XAI helps assure your clients that your security AI is safe and ethical because you can pinpoint exactly how it arrives at its decisions.

The need for trust goes beyond consumers. Security teams must get buy-in from management and company stakeholders to deploy AI. Explainability lets them demonstrate how and why their AI solutions are effective, ethical, and safe, boosting their chances of approval.

Gaining approval helps deploy AI projects faster and increase their budgets. As a result, security professionals can capitalize on this technology to a greater extent than they could without explainability.

Challenges With XAI in Cybersecurity

Explainability is crucial for cybersecurity AI and will only become more so over time. However, building and deploying XAI carries some unique challenges. Organizations must recognize these to enable effective XAI rollouts.

Costs are one of explainable AI’s most significant obstacles. Supervised learning can be expensive in some situations because of its labeled data requirements. These expenses can limit some companies’ ability to justify security AI projects.

Similarly, some machine learning (ML) methods simply do not translate well to explanations that make sense to humans. Reinforcement learning is a rising ML method, with over 22% of enterprises adopting AI beginning to use it. Because reinforcement learning typically takes place over a long stretch of time, with the model free to make many interrelated decisions, it can be hard to gather every decision the model has made and translate it into an output humans can understand.

Finally, XAI models can be computationally intense. Not every business has the hardware necessary to support these more complex solutions, and scaling up may carry additional cost concerns. This complexity also makes building and training these models harder.

Steps to Use XAI in Security Effectively

Security teams should approach XAI carefully, considering these challenges and the importance of explainability in cybersecurity AI. One solution is to use a second AI model to explain the first. Tools like ChatGPT can explain code in human language, offering a way to tell users why a model is making certain choices.

This approach is helpful if security teams use AI tools that are slower than a transparent model from the beginning. These alternatives require more resources and development time but will produce better results. Many companies now offer off-the-shelf XAI tools to streamline development. Using adversarial networks to understand AI’s training process can also help.

In either case, security teams must work closely with AI experts to ensure they understand their models. Development should be a cross-department, more collaborative process to ensure everyone who needs to can understand AI decisions. Businesses must make AI literacy training a priority for this shift to happen.

Cybersecurity AI Must Be Explainable

Explainable AI offers transparency, improved accuracy, and the potential for ongoing improvements, all crucial for cybersecurity. Explainability will become more critical as regulatory pressure and trust in AI become more significant issues.

XAI may heighten development challenges, but the benefits are worth it. Security teams that start working with AI experts to build explainable models from the ground up can unlock AI’s full potential.

Featured Image Credit: Photo by Ivan Samkov; Pexels; Thank you!

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How to Use Automation to Reduce Your Attack Surface https://readwrite.com/how-to-use-automation-to-reduce-your-attack-surface/ Fri, 11 Aug 2023 20:30:10 +0000 https://readwrite.com/?p=231301 use-automation-to-reduce-your-attack-surface-feature

Companies are diversifying their resources and data silos. Some enterprises move this information to cloud providers, while others swear by […]

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use-automation-to-reduce-your-attack-surface-feature

Companies are diversifying their resources and data silos. Some enterprises move this information to cloud providers, while others swear by on-site hardware. Internet of Things (IoT)-connected devices and digital nomadism are expanding the number and type of devices attached to a business, and it’s no wonder hackers are finding more avenues to breach sensitive data stores. Entities must reduce attack surface area to stay protected.

Automation is an invaluable addition to a risk prevention and remediation strategy when reducing the attack surfaces in an organization. What are these tactics, and how can they relieve the burdens of stressed analysts?

What Is an Attack Surface in Cybersecurity?

Several buzzphrases float around to describe points of entry for cybercriminals. Attack surfaces encapsulate every pathway and vulnerability a threat actor could exploit. Experts refer to them as attack vectors. The more attack vectors there are, the larger the attack surface is — expanding how much confidential and sensitive data is up for grabs by malicious individuals.

Every attack vector allows ransomware, phishing, or malware to creep in, compromising identities and infrastructure. These are some of the most common gateways businesses may not even acknowledge as entryways for criminals:

  • Weak or compromised credentials
  • Outdated software that requires patching
  • Utility connections
  • Remote desktop connections
  • Social engineering to produce insider threats
  • Email or text message inboxes
  • Third-party vendors and suppliers
  • IoT-connected devices and sensors
  • Security systems and cameras
  • Data centers

Attack surfaces take physical and digital forms, making protection methods diverse. These are only several, shedding light on how many forms an attack vector can make.

Overseeing every digital and physical corner to prevent threats would require more power than most companies can justify. Automation can handle countless mundane scans and tasks to aid workforces in defending each path, especially as attack surfaces are more varied than ever.

What Are the Best Ways to Minimize Attack Surfaces With Automation?

Reducing attack surface can take many forms, but automation can make the most of time and financial investment in a few high-value ways.

1. Execute Scheduled Data Minimization

Data minimization and inventory management — digitally and physically — are the top recommendations in the cybersecurity landscape, especially as regulations become a hot topic for world governments. The EU’s General Data Protection Regulation (GDPR) and the U.S.’s American Data Privacy Protection Act (ADPPA) explain how corporations must rein in and be transparent about data collection and use.

The fewer data stores programs that handle that information, the better. Instead of manually combing through countless bytes daily, automation could perform minimization practices on a schedule with proactive programming and secure code, such as:

  • Deleting ex-employee or outdated, irrelevant data
  • Performing automated data backups to segmented or isolated systems
  • Removing data that doesn’t include what’s necessary for operations
  • Limiting employee or customer input when gathering data via forms

However, a strategy like this could be a double-edged sword. Programmers and cybersecurity experts may schedule codes to perform these tasks, but more programs running expands the surface area. Experts must optimize the codes to perform various tasks so the surface area remains minimal.

2. Leverage AI and Machine Learning Data

Incorporating AI into a cybersecurity strategy could save companies around $3.05 billion for a much cheaper upfront investment. They must do more than purchase an AI system and hope for the best — it must integrate with an organization’s current technological ecosystem. Otherwise, it could present more attack vectors in the surface area than intended.

Using AI with appropriate tech could remove some drawbacks, including false positives. With well-curated oversight and data management, machine learning could adapt to productive learning environments over time.

AI and machine learning data can funnel into a centralized program to provide more holistic visibility about potential attack vectors. A localized scope of the attack area with data to prove what’s most threatening can guide analysts to eliminate or update these pain points proactively. This eliminates reactivity after a breach.

Real-time data can also indicate trends over time, where IT professionals can see how attack vectors perform as companies implement new tech or adopt digital strategies. It can show how many attempts hackers made against redundant legacy software versus cloud servers. It can gather historical data about vulnerabilities from misconfigurations or out-of-date software to change patching and update schedules. Automating will be invaluable for budget allocations and task prioritization.

3. Reduce Access With Zero Trust

Perhaps a tech stack has to be expansive to cover services and tasks. Reducing the attack surface area could compromise efficiency or service availability. However, automation can execute zero trust to minimize threat vectors by automatically denying access or packet requests. It is still an impactful way to maximize security and automation while keeping tech assets and creating walls against vectors.

Automation can analyze requests based on the time of day and the habits of the credential holder. It could require multiple authentication points before allowing entry, even if someone is granted access. It reduces the chance of hackers taking advantage of human error by remotely questioning a request.

Combining this with the principles of least privilege can get the best of both automation worlds. Automation can assign access controls based on role responsibilities, and zero trust can analyze those assignments to determine safety. It can minimize the 79% of identity-related breaches that will undoubtedly rise if automation doesn’t hone in on authorization and access.

4. Perform Vulnerability Scanning and Management

Many corporations undergo penetration testing, using internal or third-party services to try to break through the digital barriers of businesses actively. Hopefully, they don’t find any vulnerabilities. However, playing the role of an attacker can reveal mismanaged priorities or efforts.

Vulnerability scans do not have the same degree of attention as manual penetration testing but can supplement the time between trials. It can highlight the most critical issues first so organizations know where to place efforts between more human-driven defensive strategies. The scans could execute asset discovery, revealing attack vectors companies never previously recognized and allowing them to fill the hole or eliminate it from the equation altogether.

Recent research revealed these figures about attack surface discovery that vulnerability scans could assist with:

  • 72% of respondents claim executing attack surface discovery takes more than 40 hours
  • 62% say surfaces have expanded in the last several years
  • 56% don’t know which attack vectors are critical to the business, meaning there is little direction on what to protect

What if Companies Don’t Reduce Attack Surfaces?

What is an attack surface other than an opportunity? Increasing the number of attack vectors benefits nobody except for the offensive side of the digital battle. Therefore, defenders must minimize them to prevent the worst from happening.

It’s more complicated because humans have developed tech landscapes past what perimeter security can guard. Companies that don’t attempt to make their nebulous digital borders tangible will be misguided about how protected they are.

The price of cybersecurity breaches rises yearly, especially as businesses move to remote operations inspired by the pandemic. Massive media scandals from careless data breaches reflect the damage one uncared-for attack vector can have on a company. It potentially jeopardizes decades of enterprise forging and risks employees’ livelihoods.

A company that’s hacked could lose its reputation as publications spread the word about its inability to protect consumers, employees, or third-party relationships. Bad press equates to lost revenue, making public relations and marketing departments work overtime to salvage what automation can do a relatively accurate job of preventing.

Reduce Attack Surfaces to Eliminate Hackers’ Options

Minimize the attack surface in an organization’s tech stack with intelligently deployed automation tools. They can take many forms, either as external equipment or software, but it will always come back to how well programmers crafted the tools and how attentively analysts oversee them.

Automation can relieve stress and perform many tasks with high accuracy, but it must align with dedicated professionals who take care of these systems for optimization.

Featured Image Credit: Pexels; Thank you!

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Your Data Protection Checklist https://readwrite.com/your-data-protection-checklist/ Wed, 09 Aug 2023 17:00:56 +0000 https://readwrite.com/?p=234059 Data Protection Checklist

Data is the lifeblood of modern businesses that enables organizations to drive innovation. However, with the increasing reliance on data […]

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Data Protection Checklist

Data is the lifeblood of modern businesses that enables organizations to drive innovation. However, with the increasing reliance on data comes the need to protect it from various risks, including data breaches, cyberattacks, regulatory violations, etc.

Organizations must adopt a proactive approach to data protection to safeguard sensitive information and maintain the trust of customers and stakeholders. In this article, you’ll find robust data protection measures organized into a checklist that will assist your organization in bolstering your data protection practices.

1. Review the Data Your Business Collects

The first step to protecting data is to know all the data your business collects, where they are coming from, where they are stored, and how they are used. Categorizing the data you collect enables you to adopt a risk-based approach to data security and prioritize your efforts accordingly.

However, this would be impossible without first ensuring visibility and clarity. First, ensure that nothing goes under the radar; every endpoint must be monitored to avoid leakages. Number two is that you must assess the necessity of collecting each type of data. This transparency helps you to avoid gathering excessive information, which increases the risk of data breaches.

2. Evaluate Regulatory Compliance Requirements

Even if your business is domiciled in a region where there is no clear data protection regulation, you can be certain that it’s coming to you soon. Violating laws on protecting personal data leads to serious legal and financial sanctions that even big tech companies are not exempt from.

Source: Statista

Therefore, you must identify the data protection requirements that are relevant to you. Businesses that work across borders might find this challenging because various laws may be applicable. So, it’s important to stay informed on the latest updates to compliance obligations.

3. Designate a Data Protection Officer (DPO)

Besides your cybersecurity team, an employee should be directly responsible for ensuring data protection compliance throughout the organization, especially by enforcing the company’s privacy policy.

Under certain criteria, regulations such as the GDPR mandate a DPO’s appointment. However, even if it is optional, you may consider appointing an independent and impartial advisor that will supervise data protection governance in the organization.

They should have expertise in data privacy and security practices and a solid grasp of business processes and industry specifics.

4. Monitor Your Data Life Cycle

Data protection is not a one-time activity. Instead, data must be monitored throughout its life cycle to ensure that it is handled responsibly and protected from unauthorized access at every point.

Source: Harvard Business School

This ongoing and multi-faceted process requires heightened vigilance, transparency, and commitment to data protection best practices. Ultimately, real-time monitoring aims to secure all endpoints and avoid leakages.

5. Enhance Detection Capabilities

You need an integrated and cloud-based data detection and response solution that protects sensitive data from undue exposure and prevents any type of data loss by monitoring endpoints intelligently in real-time.

It helps to explore AI-based behavioral analytics to detect anomalies and automatically trigger an incident response workflow due to a combination of content analysis, contextual awareness, and policy-based rules.

6. Create a Data Breach Reporting Structure

The GDPR, for instance, mandates that all data breaches should be officially reported within 72 hours. Whether this mandate applies to your organization or not, all businesses should have a clear data breach reporting hierarchy to ensure a swift and coordinated response.

For one, the criteria for reporting and classifying different types of incidents and their severity levels should be established and clear to all. There should also be explicit communication protocols so that reports can reach the right individuals promptly.

Particularly, key internal and external stakeholders who need to know about a data breach (depending on its severity) should be well informed. This may include senior management, legal team, public relations, regulatory authorities, affected data subjects, etc. And everyone should know their roles and responsibilities concerning the breach.

7. Create and Enforce a Privacy Policy

Besides the need to comply with regulations, having your own policy helps establish customer trust. If made public, it serves as a declaration of your organization’s commitment to protecting its users’ and customers’ privacy and personal data.

However, what matters most is enforcement; a privacy policy must be enforceable and should cover key components such as data collection and usage, consent mechanism, data security measures, rights of data subjects, cookie policy, employee training, etc.

8. Regularly Assess Third-Party Risks

Third-party partners, vendors, and suppliers are often sources of data leakages, especially when you can’t verify that they take data protection as seriously as you do. As such, without assumptions, you must regularly assess third-party security practices and risks to ensure that the data you share with them is in safe hands.

Assessing third-party risks is critical for incident response, business continuity, and disaster recovery. So, all decision-making concerning contractual obligations must be risk-based.

9. Conduct Regular Audits

Besides continuous monitoring, regular full-scale audits ensure that your organization’s data-handling practices align with internal policies and external regulations. They are meant to objectively assess data protection measures and help identify potential vulnerabilities and areas for improvement. Some tips for conducting an audit include the following:

  • Assemble an audit team
  • Develop a plan that includes a timeline, procedures, and documentation
  • Interview key personnel and review relevant documentation
  • Assess data security measures
  • Review incident logs
  • Evaluate employee training and awareness
  • Identify non-compliance and risks
  • Follow-up and monitor progress

Conclusion

As data continues to be a valuable asset and a potential liability, ensuring robust data protection practices is not just an option but a strategic imperative for every organization. By following this comprehensive checklist, your organization can strengthen its overall resilience against data threats and minimize the risks of breaches.

Featured Image Credit: Christina Wocintechchat; Pexels; Thank you!

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OpenAI’s Head of Trust and Safety Quits: What Does This Mean for the Future of AI? https://readwrite.com/openais-head-of-trust-and-safety-quits-what-does-this-mean-for-the-future-of-ai/ Fri, 21 Jul 2023 23:51:31 +0000 https://readwrite.com/?p=233193 OpenAI

Quite unexpectedly, Dave Willner, OpenAI’s head of trust and safety, recently announced his resignation. Willner, who has been in charge […]

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OpenAI

Quite unexpectedly, Dave Willner, OpenAI’s head of trust and safety, recently announced his resignation. Willner, who has been in charge of the AI company’s trust and safety team since February 2022, announced his decision to take on an advisory role in order to spend more time with his family on his LinkedIn profile. This pivotal shift occurs as OpenAI faces increasing scrutiny and struggles with the ethical and societal implications of its groundbreaking innovations. This article will discuss OpenAI’s commitment to developing ethical artificial intelligence technologies, as well as the difficulties the company is currently facing and the reasons for Willner’s departure.

Dave Willner’s departure from OpenAI is a major turning point for him and the company. After holding high-profile positions at Facebook and Airbnb, Willner joined OpenAI, bringing with him a wealth of knowledge and experience. In his LinkedIn post, OpenAI CEO Willner thanked his team for their hard work and reflected on how his role had grown since he was first hired.

For many years, OpenAI has been one of the most innovative organizations in the field of artificial intelligence. The company became well-known after its AI chatbot, ChatGPT, went viral. OpenAI’s AI technologies have been successful, but this has resulted in heightened scrutiny from lawmakers, regulators, and the general public over their safety and ethical implications.

CEO of OpenAI Sam Altman has spoken out in favor of AI regulation and ethical growth. In a March Senate panel hearing, Altman voiced his concerns about the possibility of artificial intelligence being used to manipulate voters and spread disinformation. In light of the upcoming election, Altman’s comments highlighted the significance of doing so.

OpenAI is currently working with U.S. and international regulators to create guidelines and safeguards for the ethical application of AI technology, so Dave Willner’s departure comes at a particularly inopportune time. Recently, the White House reached an agreement with OpenAI and six other leading AI companies on voluntary commitments to improve the security and reliability of AI systems and products. Among these pledges is the commitment to clearly label content generated by AI systems and to put such content through external testing before it is made public.

OpenAI recognizes the risks associated with advancing AI technologies, which is why the company is committed to working closely with regulators and promoting responsible AI development.

OpenAI will undoubtedly face new challenges in ensuring the safety and ethical use of its AI technologies with Dave Willner’s transition to an advisory role. OpenAI’s commitment to openness, accountability, and proactive engagement with regulators and the public is essential as the company continues to innovate and push the boundaries of artificial intelligence.

To ensure that artificial general intelligence (AGI) benefits all of humanity, OpenAI is working to develop AI technologies that do more good than harm. Artificial general intelligence (AGI) describes highly autonomous systems that can compete or even surpass human performance on the majority of tasks with high economic value. Safe, useful, and easily accessible artificial general intelligence is what OpenAI aspires to create. OpenAI makes this pledge because it thinks it’s important to share the rewards of AI and to use any power over the implementation of AGI for the greater good.

To get there, OpenAI is funding studies to improve the AI systems’ dependability, robustness, and compatibility with human values. To overcome obstacles in AGI development, the company works closely with other research and policy groups. OpenAI’s goal is to create a global community that can successfully navigate the ever-changing landscape of artificial intelligence by working together and sharing their knowledge.

To sum up, Dave Willner’s departure as OpenAI’s head of trust and safety is a watershed moment for the company. OpenAI understands the significance of responsible innovation and working together with regulators and the larger community as it continues its journey toward developing safe and beneficial AI technologies. OpenAI is an organization with the goal of ensuring that the benefits of AI development are available to as many people as possible while maintaining a commitment to transparency and accountability.

OpenAI has stayed at the forefront of artificial intelligence (AI) research and development because of its commitment to making a positive difference in the world. OpenAI faces challenges and opportunities as it strives to uphold its values and address the concerns surrounding artificial intelligence (AI) after the departure of a key figure like Dave Willner. OpenAI’s dedication to ethical AI research and development, combined with its focus on the long-term, positions it to positively influence AI’s future.

First reported on CNN

Frequently Asked Questions

Q. Who is Dave Willner, and what role did he play at OpenAI?

Dave Willner was the head of trust and safety at OpenAI, responsible for overseeing the company’s efforts in ensuring ethical and safe AI development.

Q. Why did Dave Willner announce his resignation?

Dave Willner announced his decision to take on an advisory role to spend more time with his family, leading to his departure from his position as head of trust and safety at OpenAI.

Q. How has OpenAI been viewed in the field of artificial intelligence?

OpenAI is regarded as one of the most innovative organizations in the field of artificial intelligence, particularly after the success of its AI chatbot, ChatGPT.

Q. What challenges is OpenAI facing with regards to ethical and societal implications of AI?

OpenAI is facing increased scrutiny and concerns from lawmakers, regulators, and the public over the safety and ethical implications of its AI innovations.

Q. How is OpenAI working with regulators to address these concerns?

OpenAI is actively working with U.S. and international regulators to create guidelines and safeguards for the ethical application of AI technology.

Q. What are some of the commitments OpenAI has made to improve AI system security and reliability?

OpenAI has made voluntary pledges, including clearly labeling content generated by AI systems and subjecting such content to external testing before making it public.

Q. What is OpenAI’s ultimate goal in AI development?

OpenAI aims to create artificial general intelligence (AGI) that benefits all of humanity by working on systems that do more good than harm and are safe and easily accessible.

Q. How is OpenAI approaching the development of AGI?

OpenAI is funding research to improve the dependability and robustness of AI systems and is working with other research and policy groups to navigate the challenges of AGI development.

Q. How does OpenAI plan to ensure the benefits of AI development are shared widely?

OpenAI aims to create a global community that collaboratively addresses the challenges and opportunities in AI development to ensure widespread benefits.

Q. What values and principles does OpenAI uphold in its AI research and development?

OpenAI is committed to responsible innovation, transparency, and accountability in AI research and development, aiming to positively influence AI’s future.

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AI Companies Make ‘Voluntary’ Safety Commitments at the White House https://readwrite.com/ai-companies-make-voluntary-safety-commitments-at-the-white-house/ Fri, 21 Jul 2023 19:25:19 +0000 https://readwrite.com/?p=233167 the White House

Concerns about the potential risks and lack of transparency in the rapidly expanding field of artificial intelligence (AI) have prompted […]

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the White House

Concerns about the potential risks and lack of transparency in the rapidly expanding field of artificial intelligence (AI) have prompted the Biden administration to take action. To address these issues, the White House has convened seven of the most prominent AI developers to discuss common goals of safety and openness. The voluntary pledges made by these businesses are nonetheless seen as a positive development towards the establishment of regulations and guidelines for the AI industry.

Representatives from the following artificial intelligence companies were present at the White House meeting:

  1. Brad Smith, President of Microsoft;
  2. Kent Walker, President, Google;
  3. Dario Amodei, CEO, Anthropic;
  4. Mustafa Suleyman, CEO, Inflection AI;
  5. Nick Clegg, President, Meta;
  6. Greg Brockman, President, OpenAI;
  7. Adam Selipsky, CEO, Amazon Web Services;

Although the AI companies’ pledges are not legally binding, they do show a desire to address the issues that have been raised about AI. The major promises made by the businesses are as follows:

  1. Before releasing their AI systems to the public, the companies have committed to conducting internal and external security tests. Experts from outside the company can act as an adversarial “red team” to probe for security flaws and threats.
  2. Companies using AI have promised to inform policymakers, academics, and members of civil society about the dangers posed by AI and the methods being developed to counteract them. Concerns like preventing unauthorized access or “jailbreaking” of AI systems are among those they hope to address by encouraging collaboration and transparency.
  3. The companies will invest in cybersecurity measures, including protections against insider threats, to ensure the privacy of client model data and intellectual property. This is essential to thwart hackers’ attempts to exploit security flaws and steal private data.
  4. Through bug bounty programs and/or domain expert analysis, the companies will encourage third-party discovery and reporting of vulnerabilities. This promotes outside inspection, which is useful for discovering vulnerabilities in AI systems.
  5. Companies are working on developing reliable watermarking or other methods of marking AI-generated content to ensure accountability and traceability. This is crucial in the fight against disinformation and deepfakes, as it will allow for the identification of the original creator and authenticity of AI-generated content.
  6. Companies have pledged to disclose their AI systems’ strengths and weaknesses as well as the contexts in which they should and should not be used. This openness is crucial for preventing misuse of AI and ensuring its responsible deployment.
  7. The companies will put a premium on studying the social risks of AI, such as discrimination and invasion of privacy. By identifying and mitigating these threats, they hope to create AI systems that are equitable, apolitical, and protective of individual privacy.
  8. The companies will also work on creating and deploying AI to tackle some of society’s biggest problems, like stopping cancer and fixing the climate. The lack of monitoring of AI models’ carbon footprint, however, calls attention to the need for more eco-friendly considerations in AI research and development.

The AI companies’ pledges are entirely voluntary, but the Biden administration is working on an AI-related Executive Order. In its current form, this order has the potential to promote compliance and set industry standards. The Executive Order could instruct government agencies like the Federal Trade Commission (FTC) to investigate AI products claiming robust security, for instance, if companies do not permit external security testing of their AI models prior to release.

The administration’s forward-thinking stance on AI reflects its commitment to avoiding technological pitfalls in the future. Because of the lessons it has learned from social media’s disruptive potential, the government is eager to launch a comprehensive plan for artificial intelligence. Vice President Harris and President Biden have already consulted with business moguls and other influential figures. There has also been a substantial investment in AI research institutions and initiatives.

The national science and research infrastructure, however, has been ahead of the government in this respect. There is already a comprehensive report outlining the difficulties and potential benefits of AI for science that was compiled by the Department of Energy (DOE) and National Labs.

Finally, the major AI companies’ voluntary commitments made at the White House are a big deal for ensuring safety and transparency in the AI industry. Although the pledges are not legally binding, they do show a commitment to working together, sharing data, and putting an emphasis on ethical AI research and development. There needs to be a middle ground between being innovative and making sure AI is used in a responsible and ethical way.

First reported on TechCrunch

Frequently Asked Question

Q. What was the purpose of the White House meeting with AI developers?

The meeting aimed to address concerns about potential risks and lack of transparency in the AI industry. The Biden administration convened seven prominent AI developers to discuss common goals of safety and openness in AI development.

Q. Which companies were represented at the White House meeting?

The AI companies represented at the meeting were Microsoft, Google, Anthropic, Inflection AI, Meta, OpenAI, and Amazon Web Services.

Q. Was there diversity in the representation at the event?

No, there was a lack of diversity in the representation at the event, as no women were present among the AI company representatives.

Q. Are the AI companies’ pledges legally binding?

No, the pledges made by the AI companies are voluntary and not legally binding. However, they demonstrate a commitment to address issues raised about AI and promote responsible AI development.

Q. What are some of the major promises made by the AI companies?

The companies have pledged to conduct security tests before releasing AI systems, inform policymakers about AI dangers, invest in cybersecurity measures, encourage third-party discovery of vulnerabilities, disclose strengths and weaknesses of AI systems, and work on addressing social risks of AI, among other commitments.

Q. How will the Biden administration promote compliance and set industry standards?

The Biden administration is working on an AI-related Executive Order that could potentially instruct government agencies, such as the Federal Trade Commission, to investigate AI products claiming robust security if companies do not permit external security testing of their AI models before release.

Q. How does the administration’s stance on AI reflect its commitment to avoiding pitfalls?

The administration’s forward-thinking stance on AI shows its dedication to learning from past technological disruptions and proactively launching a comprehensive plan for AI. It involves consulting with business leaders and investing in AI research institutions and initiatives.

Q. Is there existing research on AI’s potential benefits and challenges?

Yes, there is already a comprehensive report compiled by the Department of Energy and National Labs outlining the difficulties and potential benefits of AI for science.

Q. Are the AI companies committed to ethical AI research and development?

Yes, the companies’ voluntary commitments at the White House show their dedication to working together, sharing data, and emphasizing ethical AI research and development to ensure safety and transparency in the AI industry.

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