Name: The Problem of Shadow Access and How It Enabled the LastPass Data Breach
Start: 2023-07-24T17:00:00Z
End: 2023-07-24T17:00:28.000Z
Location: BrightTALK
Rating: 4.2

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Traditional authentication methods are, at times, proving inadequate against modern, sophisticated attacks. As financial service industry continues to accelerate cloud adoption, how do CISOs and other security professionals navigate the increasingly complex set of threats and regulatory requirements?

How do you maintain the integrity of your authentication practices?

This talk explores how FIDO Alliance's passwordless authentication vision addresses the security challenges facing financial services, while simultaneously meeting DORA, PCI DSS v4.0, and PSD2 expectations. 

The conversation will examine how financial services leaders can integrate FIDO protocols to build resilient, compliant, and user-friendly authentication systems for their cloud and other environments.  As well as strategy to prepare for the next wave of emerging threats.

Beyond Passwords: FIDO's Authentication Vision for Financial Services in the Cloud Era

As financial institutions accelerate their cloud adoption, the stakes for security, compliance, and operational resilience have never been higher. The newly established ANSI X9.125 Cloud Management and Security standard provides the financial sector with its first comprehensive framework specifically designed to address the unique challenges of cloud computing in highly regulated environments.

Join our panel of industry experts as they break down the most critical elements of X9.125 and translate complex regulatory guidance into actionable strategies. This interactive session will address the ten highest-impact areas that financial institutions must master to achieve secure, compliant, and successful cloud operations.

Key topics include:
• Understanding the financial sector's unique cloud security requirements and how X9.125 addresses them
• Operationalizing the shared responsibility model and crafting bulletproof Cloud Service Agreements
• Implementing robust risk management programs tailored for cloud environments
• Mastering encryption, key management, and cryptographic controls in the cloud
• Navigating privacy compliance and cross-border data protection challenges
• Building comprehensive monitoring, incident response, and disaster recovery capabilities
• Avoiding common migration pitfalls with proactive planning and X9.125 best practices

Whether you're just beginning your cloud journey or looking to enhance existing cloud operations, this webinar will equip you with practical insights, real-world examples, and expert recommendations to confidently navigate the intersection of cloud technology and financial services regulation.

Securing Financial Services in the Cloud: Essential Guidance from ANSI X9.125

The 2025 Verizon Data Breach Investigations Report (DBIR) offers a detailed view of the threat landscape facing the financial and insurance industries. With 74% of breaches tied to System Intrusion, Social Engineering, and Basic Web Application Attacks—and 90% financially motivated—attackers are doubling down on high-reward, low-resistance targets.

In this FinCloud Friday webinar, Troy Leach, Chief Strategy Officer at CSA, and Christopher Novak, Vice President of Global Cybersecurity Solutions at Verizon Business, will unpack the report’s most critical findings and connect them to emerging cloud and AI threat dynamics. The discussion will explore:
• External Threat Dominance: What the 78% of breaches involving external actors reveal about modern attacker tactics—and how defenders can better allocate security resources.
• Cloud Misconfigurations & IAM Failures: How common mistakes continue to drive cloud breaches, with lessons learned from incidents like Snowflake and insights from CSA’s latest Cloud Threat Report.
• AI as an Attack Force Multiplier: How adversaries are weaponizing AI to enhance phishing and automation, and what financial institutions must do to stay ahead.
• Systemic Risk & Third-Party Exposure: From SolarWinds to CrowdStrike, what cascading breach effects teach us about dependency and supply chain security.
• Strategic Outlook for 2026: DBIR-aligned priorities for improving resilience, visibility, and governance across hybrid and multi-cloud financial ecosystems.

Join us to decode what the DBIR 2025 trends mean for your organization’s cloud defense, risk management, and compliance posture and learn how to operationalize these insights into proactive strategies for the year ahead.

What Verizon’s 2025 DBIR Reveals About the Future of Financial Sector Cyber Risk

The Cloud Security Alliance recently released the first independent benchmark study of AI agents in the SOC. With 148 analysts across two investigation scenarios, the study delivered hard evidence on how AI makes analysts faster, more accurate, and more consistent.

Hear from CSA CEO Jim Reavis, former Robinhood CISO Caleb Sima, and Dropzone AI CEO Edward Wu as they unpack the results for SOC leaders deciding how to adopt AI today.

What you’ll learn:

• What the data really shows about AI-augmented analysts’ performance in accuracy, speed, and consistency
• Where AI delivers the most value in the SOC today, from Tier 1 triage to Tier 2 investigations
• How analysts felt about AI after hands-on use—and why 94% said their opinion of AI improved
• What SOC leaders should do next to turn research insights into operational advantage

AI in the SOC: Expert Perspectives on the CSA Benchmark Study

Fifteen years ago, John Kindervag introduced Zero Trust to transform cybersecurity. Initially met with skepticism, Zero Trust is now more crucial than ever as attackers breach perimeters and move laterally through networks. Traditional security approaches are insufficient, prompting governments and enterprises globally to prioritize Zero Trust.

In this session, John Kindervag—Zero Trust founder and leading cybersecurity expert—will address the biggest obstacles delaying Zero Trust adoption and how organizations can overcome them. Drawing on decades of experience advising government and industry, John will trace Zero Trust's journey from inception to today, sharing real-world implementation examples—both successes and failures. He'll dispel common myths and highlight traps organizations must avoid.

This isn't theoretical—it's about providing tangible, actionable steps for implementing Zero Trust and overcoming business, technical, and cultural barriers. John has spent 15 years transforming Zero Trust from concept to movement, and now wants to equip others with knowledge to advance their Zero Trust strategy.

Aimed at security practitioners and business decision makers interested in implementing Zero Trust or already on the journey, attendees will gain a clear understanding of best practice methodologies, key pitfalls to avoid, and how to cultivate the right culture and organizational support to ensure successful Zero Trust initiatives that achieve anticipated resilience and economic outcomes.

10 lessons from 15 years of Zero Trust

The explosion of data across cloud platforms and the rise of AI aren't just reshaping businesses - they're rewriting the rules of data security. Legacy tools weren't built for this scale, speed, or complexity, and today's security teams face a new reality: the perimeter is gone, and what matters now is where the data is and who or what can access it. In this webinar, through real life scenarios we'll explore what happens when that access is compromised and how your organization should respond. From there, we'll walk through a modern approach to data security that's purpose-built for the challenges of AI and the cloud era.
You'll get a first look at the full data security lifecycle, the essential components of modern DSPM, and how it all connects to responsible AI adoption. Whether you're building a program from scratch or scaling your existing capabilities, this session will give you the insights and tools to move forward with confidence.

Hear from the authors of Modern DSPM for Dummies, Pete Chronis, Retired EVP & CISO of Paramount, Jason Clark, Chief Strategy Officer of Cyera, and Scott Solomon, Director of Product Marketing at Cyera to learn more about:
● Challenges in an AI centric world: Scenarios exposing the outcomes of exposed data and how you can prevent vulnerable data from getting exposed in an AI-centric data ecosystem.
● Core pillars of modern DSPM: Agentless deployment, data visibility, intelligent classification, guided remediation and rich ecosystem integrations, built for multi-cloud scale and real-time AI enablement
● Super-charging AI initiatives: How DSPM supplies clean, labelled, policy-aware datasets to LLMs and copilots while automatically redacting or quarantining high-sensitivity data before it ever hits a model

DSPM for Dummies: Achieving Data Security Success in the AI Era

Artificial intelligence systems pose a particular challenge with respect to cybersecurity, owing to their greatly expanded “attack surface” - i.e., the number of all possible attack vectors where a threat actor can access and extract or compromise data. Not surprisingly, with a greatly expanded attack surface comes greatly expanded legal exposure. In this presentation, which is designed specifically for current and aspiring corporate directors and CISOs, a panel of AI/InfoSec attorneys will examine the new cybersecurity mandates stemming from U.S. and multinational Al laws and the needed responses.

Objectives include:
• Providing actionable information, task lists, and discussion points that existing and aspiring directors can immediately take into the board room;
• Offering CISOs an understanding of current AI laws and their legal implications, such as OMB M-25-21 and the EU Artificial Intelligence Act, and
• Obtaining critical insights from leading on-point publications and frameworks from OWASP, ISO/IEC, and NIST.

What Directors and CISOs Need to Know About Cybersecurity Mandates for AI Systems

Financial service organizations today face a maze of third-party and regulatory risks as they look to modernize their offerings, oversee their provider partnerships, and keep pace with emerging risks. The expanding technology footprint creates a much greater scope for compliance activities while the number of regulatory activities continues to rise.

Is there an easier, more efficient and effective way to improve governance, risk management and compliance, increase transparency and achieve objectives at scale?

This session will discuss the impact of new legislation such as DORA, NIS2, CRA, and other emerging standards and explore strategies for harmonizing compliance efforts without duplicating work.

The session will also discuss the recently revealed Compliance Automation Revolution (CAR) initiative whose mission is to establish industry standards, best practices and architectures for compliance automation, real-time evidence collection to improve visibility, harmonizing regulatory framework, fostering continuous assurance and driving risk quantification.

Revolutionizing Compliance and Third-Party Governance

As businesses increasingly rely on cloud-based services to power their operations, the complexities of cross-border data transfers and data localization requirements have become a major concern — especially for multinational organizations. This webcast will explore the evolving regulatory landscape, security challenges, and privacy risks companies must address when handling data across jurisdictions. Join Illena Armstrong, President at Cloud Security Alliance as she sits down with Peter Kosmala, Course Developer & Instructor at York University as they discuss:
• Regulatory complexities: Understanding evolving global data privacy laws (e.g., GDPR, CCPA, China’s PIPL, India’s DPDP Act) and their impact on cross-border data flows.
• Data localization mandates: How country-specific regulations force businesses to rethink their data storage and transfer strategies.
• Cloud security risks: The challenges of ensuring data integrity, compliance, and access control when using globally distributed cloud infrastructure.
• Mitigating cyber threats: Best practices for securing sensitive data in transit and at rest, protecting against breaches, and ensuring third-party vendors meet security standards.
• Operational and business implications: The balance between regulatory compliance, operational efficiency, and the cost of implementing localized data storage strategies.

Attendees will gain valuable insights into how businesses can navigate these challenges while maintaining security, privacy, and compliance across multiple jurisdictions. This deep dive into the future of cross-border data management and the strategies organizations need to mitigate risk in an increasingly complex regulatory environment will be of interest to everyone.

Data in Transit: Cross-Border Challenges for Security and Privacy

Dive into a full year of SOC data to identify trends in infrastructure targets, malware, schemes, and more to uncover strategies for improving your security resilience in the coming year. We’ll cover:
• Security data specific to the FinServ industry, including specific threats to be aware of and remediation tactics
• Comparisons of trends in FinServ versus cybersecurity customers as a whole
• Recommendations for keeping your FinServ organization secure

Analyzing Annual SOC Data to Inform Your 2025 FinServ Security Strategies

The CSA Enterprise Authority to Operate (EATO) Framework is an assessment, remediation, consultancy, and certification framework. It targets Anything-as-a-Service (XaaS) providers and their entire underlying supply chain who are catering to customers in highly regulated industries processing sensitive data. EATO controls are based on CCMv4, with augmented controls to reflect tight regulatory requirements, and the certification plugs into the CSA STAR Framework as a Level 2 “premium” version. EATO will follow a subscription based model with shared funding of one single cycle (Audit – Findings – Remediation under independent guidance – Re-Audit – Trusted Certification) conducted by CSA certified partners, instead of duplicative assessments by each individual corporate customer.

The CSA Enterprise Authority to Operate (EATO) Framework

As organizations realize security and operational benefits of protecting users with zero trust principles, they are also achieving value for extended environments like office branches, factories, data centers, and clouds. This session will demonstrate how they adopt and operationalize these locations by extending their zero trust architecture to branch offices, cloud workloads, and OT/IoT devices.

Extend Zero Trust to your Branch, Factories and Cloud Environments

With the emergence of AI agents transforming how organizations operate, securing the AI infrastructure itself becomes increasingly central to security leaders. How much of traditional security strategies like shift left and zero trust can be applied to AI security? As organizations integrate AI deeper into their operations, they must determine which established practices remain effective and where new approaches are needed. 

Join Caleb Sima, Chair of the Cloud Security Alliance AI Safety Initiative, and Sysdig's CISO Sergej Epp as they explore the frontlines of AI security. They'll discuss practical strategies for securing and hardening AI workloads, responding to incidents and threats and reflects some misconceptions of AI Security. Sergej will also reveal the pivotal insights that led him from Palo Alto Networks to champion a runtime-first approach to cloud security.

Assume Breach: Securing AI Workloads & Investigating Breaches

Business continuity is top of mind in 2025. With AI-fueled cyberattacks at an all-time high, geopolitical instability in the news, and an ever-growing number of regulations to deal with, organizations are looking for solid foundations on which to build their operations.

In this webinar we will peel back the layers of operational resilience and explore practical ways in to help organizations:
• Remain compliant to regulations covering business continuity
• Protect their brand and reputation in an always-on world
• Look in detail at how to keep its mission critical services online
• Adopt fully managed business continuity cloud solutions

You should expect to come away from this webinar confident in your ability to stay compliant and operational, even during the most trying of circumstances.

Managed Business Continuity Cloud Solutions

Ever wonder what security leaders across industries are focusing on in the GRC space? What are their top priorities, and how should they shape yours?

Join Vanta’s GRC Subject Matter Expert, Faisal Khan, and Daniele Catteddu, CSA's Chief Technology Officer, for a deep dive on building and scaling GRC programs. They will share their take on the role of trust, AI, and automation in strengthening your foundation and preparing for what’s next.

What to expect:
Point of view on top of mind issues for GRC leaders
Role of trust management in scaling GRC 
Where to prioritize AI and automation in GRC

Scaling GRC with Trust, AI, and Automation

Dive into a full year of SOC data to identify trends in infrastructure targets, malware, schemes, and more to uncover strategies for improving your security resilience in the coming year. We’ll cover:
• Security data specific to the FinServ industry, including specific threats to be aware of and remediation tactics
• Comparisons of trends in FinServ versus cybersecurity customers as a whole
• Recommendations for keeping your FinServ organization secure

Artificial Intelligence (AI) is revolutionizing IT systems, rapidly becoming essential for organizations of all sizes. AI risks differ by industry, organization, country, business problem, and complexity. Managing these risks is crucial for user and data security. Join Charles Cresson Wood, author of Internal Policies for Artificial Intelligence Risk Management, and Illena Armstrong, President of Cloud Security Alliance, for a discussion on AI, the need for new risk management approaches, and the possible establishment of a Chief Artificial Intelligence Risk Officer (CAIRO) role in organizations using AI.

Evolving Your Risk Management Strategy Due to Advances in Artificial Intelligence

With AI dominating security conversations, it’s easy to get lost in the hype. What’s real today, and what’s still just a promise for the future?

Join Jesse Booth, Sr. Director of Security Operations at GoTo, Rex Guo, CEO of Culminate, and John DiMaria, Chief of Staff of Cloud Security Alliance, for a 60-minute webcast where they’ll cut through the noise and share how GoTo is successfully leveraging AI in its SOC right now—delivering measurable security and operational improvements right now—delivering measurable security and operational improvements.

5 Real AI-Powered Use Cases in GoTo’s SOC—What’s Working Today

Join us on July 24th for a webinar with Ryan Gifford, analyst at the Cloud Security Alliance, and security expert and CEO of Stack Identity, Venkat Raghavan on the topic of Shadow Access and how it enabled the LastPass cloud data breach. 

You will learn:
• What is Shadow Access?
• What creates toxic combinations of identity and access in the cloud?
• Step-by step walkthrough of how the LastPass data breach unfolded 
• How Shadow Access enabled the LastPass attackers
• Best practices for cloud IAM operations to prevent cloud data breaches

The Problem of Shadow Access and How It Enabled the LastPass Data Breach

Cyber Security

Information Security

Cyber Attacks

Cloud Security

Cyber Crime

Identity Management

Shadow IT

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The Problem of Shadow Access and How It Enabled the LastPass Data Breach

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