Name: Ransomware In Banking — Where Is The Achilles Heel?
Start: 2023-05-30T18:55:00Z
End: 2023-05-30T18:55:28.000Z
Location: BrightTALK
Rating: 0

This channel is brought to you by HYPR and is dedicated to providing thought provoking topics regarding the latest in cybersecurity, identity security, and passwordless MFA.  

HYPR Authenticate, HYPR Adapt, and HYPR Affirm are seamlessly integrated to provide an entirely passwordless user journey. The Identity Assurance solution is independent of any existing identity providers, enabling a common user experience and unparalleled visibility and risk assessment. The HYPR Identity Assurance solution is the industry’s only offering where risky behavior can trigger step-up authentication not only to authentication but also to enforcing automatic identity reverification.

In a landscape where digital footprint and real-world identities are so intertwined, identity verification plays an increasingly pivotal role in modern workforce management. HYPR Affirm was built to seamlessly onboard employees ensuring productivity and security from Day 1. This initial use case addresses the crucial need for IT and HR teams to have the utmost confidence in the identity of their newly onboarded employees, prior to issuing credentials.

Bojan Simic -- CEO and Co-Founder -- and Ryan Rowcliffe -- Field CTO -- will demonstrate HYPR Affirm as an onboarding tool, enabling seamless and secure identity verification. They will showcase how HYPR Affirm addresses major pain points in the friction-filled onboarding processes used today.

HYPR Affirm completes HYPR’s Identity Assurance platform to create trust throughout the entire identity lifecycle, starting right from the beginning

Zero Trust Starts at Day Zero with HYPR Affirm

In an era characterized by interconnectivity, rapid digitization, and generative AI attacks, the value of trusted identity cannot be overstated. 

Recent HYPR research has shown that authentication-attributed breaches cost organizations an average of $2.95M per year. This problem is further exacerbated by legacy onboarding and identity verification experiences that are manual, disconnected, and significantly prone to fraud.  

Join HYPR CEO Bojan Simic and Geoff Cairns, Principal Analyst of Forrester, to review the state of identity-based security. 

Topics include:

State of the identity verification and proofing market
How to achieve identity-based security that addresses Zero Trust architecture 
Introducing HYPR’s Identity Assurance suite, with new product: HYPR Affirm

Securing the Full Identity Lifecycle

Socially engineering the help desk is at the root of a number of the major recent breaches. Come see how Identity Verification for the enterprise can prevent this threat by ensuring you know that someone is who they say they are at all times. Bojan Simic -- CEO, CTO and Co-Founder -- and Ryan Rowcliffe -- Field CTO -- will demonstrate HYPR Affirm, discuss the underlying implementation, and talk about what's necessary to prevent helpdesk social engineering.

HYPR Affirm is part of HYPR's Identity Assurance platform to Create Trust in the Identity Lifecycle.

www.hypr.com

Prevent Helpdesk Social Engineering with HYPR Affirm

Riding the Passkey Wave: 5 Things Every Financial Services Organization Needs to Know

Passkeys for Financial Services Companies: 5 Things You Need to Know

Technology integrations are the easy part - changing behavior and getting people on board for the journey is the challenge. 

Continuing HYPR's Summer Spotlight series, this webinar features Kinaxis Chief Information Officer, Yvonne Holland discussing the organization's transition to passwordless, phishing-resistant MFA.

The Journey to Passwordless Authentication With Kinaxis

The financial services industry is a known target for cyberattackers, and has seen a 1,000% increase in ransomware attacks affecting banks and other institutions. So what can be done proactively to address these growing threats?

HYPR VP of Product Marketing Michael Rothschild partnered with ISMG for this event, which discusses: 

- Common security threats in financial services
- Recent breaches greatly impacting the industry
- Three key steps your bank or institution can take to mitigate risk
- Future proofing your security infrastructure to align with standards and compliance

Ransomware In Banking — Where Is The Achilles Heel?

Financial services institutions (FSIs), including commercial banks, investment banks and insurance companies, need to retain shareholder and customer confidence at all times. Regulatory compliance stakes are high and the threat of cyber security attacks have increased in recent years — making security, and more importantly authentication, crucial to keeping security and compliance unbreached and upheld.

Multifactor authentication (MFA) has been employed by FSIs globally at both a workforce and even customer level to decrease the likelihood of a successful cyber attack. But has MFA delivered the security we had hoped for?

Check out our free, on-demand webinar featuring Meng Liu at Forrester who peels back the curtain on the state of MFA in the financial services industry including the current operating environment, what has worked well, and where we can improve upon.

Charting The Course For Secured And Assured Authentication in Financial Services

Join this webcast to learn about the findings from the 2023 State of Passwordless Security report and how you can use it to improve your organization’s security posture.

CRA VP of Content Strategy Bill Brenner, Bojan Simic, HYPR's Co-founder, CEO and CTO and Andrew Shikiar, Executive Director & CMO, FIDO Alliance      discuss key takeaways from HYPR’s 3rd annual edition, including:

Current authentication practices, their security levels, and drivers/barriers to passwordless adoption
The top causes of breaches and strategies to close those vulnerabilities
The role of passkeys and their potential impact on the use of passwordless technologies

Passwordless Security: Where Things Stand, and What’s Next

With support of passkeys by the top three tech giants (Google, Microsoft & Apple), consumers no longer have to ever write, generate or remember a password. The entry of passkeys into the mainstream marks a pivotal moment in computing and the official retirement of passwords for authentication. It’s also an important signifier to businesses that were on the fence about implementing passwordless technologies.
So what does this mean for enterprises and how they utilize passwordless technology?
Join us for a discussion on Using Passkeys in the Enterprise: Everything You Need To Know but Were Afraid to Ask. Topics include:
   - What are passkeys and how do they affect you?
   - The differences between individual and enterprise passkeys
   - Top tips to consider when deploying enterprise passkeys in your organization

Using Passkeys in the Enterprise

Legacy multi-factor authentication has failed. CISA and OMB have issued directives that organizations should move to phishing-resistant MFA. As organizations deploy passwordless authentication to improve security and user experience, they must consider change management challenges.

In this on-demand webinar, we discuss how to break down silos and share best practices on how to move toward passwordless authentication. You'll learn:

    Key considerations when moving to passwordless authentication
    How to avoid the pitfalls of going passwordless
    Ways to improve security while remaining flexible
    How to identify silos that may hinder change management efforts
    Why it's in an organization's best interest to separate authentication from identity

MFA Unwrapped - Breaking Down Authentication Silos

They say that love is blind, so too is the belief that passwords will protect you. 

In this Valentine’s Day webinar provided by Strata and HYPR, we'll discuss how embracing passwordless authentication and falling in love both require a certain level of trust. Yet the freedom and ease that come with these relationships can lead to increased security and happiness.

The biggest hurdle in the passwordless journey is often discovered to be the need to modernize apps first to speak modern protocols. After this talk, you will move beyond infatuation with the idea of “going passwordless” and fall in love with the reality of actually getting rid of passwords and shared secrets from your authentication process to reduce risk and user friction – without refactoring your apps.

I Heart <3 Passwordless

Despite their unavoidable flaws, most organizations still require both employees and customers to use passwords. Yet passwordless solutions are both demonstrably more secure and readily available.

The question for organizations looking to ditch passwords: Where to begin? This SC Media webcast with HYPR’s Michael Rothschild will address the path to passwordless.

This webinar features Bill Brenner, VP of Content Strategy at the CyberRisk Alliance, and Michael Rothschild, VP of Product Marketing at HYPR, diving into this topic with a discussion of the current landscape, best practices for today, plus how organizations are responding to the need for passwordless solutions.

Multi-Factor Authentication, Sans Passwords (The Path Forward)

The United Kingdom has consistently taken a strong position on cybersecurity, recognising the need to drive awareness and responsiveness on a national scale. Download this report to learn about the state of authentication for financial services within the UK.

Authentication Security in Financial Services in the UK

Despite increased spending on cybersecurity, data breaches cost companies an average of $3.86 million per incident, leading more and more companies to seek cyber insurance coverage to protect their business. PwC estimates the cyber insurance market will grow to $7.5 billion in the next decade.

This brisk growth combined with the increase of policy payouts however, have not necessarily translated into profit for carriers. As a consequence, companies taking out or renewing policies can expect steep premium increases and strict security requirements. 

This webinar features Simon Moffatt, founder of The Cyber Hut and Michael Rothschild, VP of Product at HYPR. They discuss The Cyber Insurance Landscape and the Role of Passwordless MFA. Topics covered include:

- The threat landscape
- Cyber insurance trends and new requirements
- How to reduce premiums and meet the latest requirements

The Cyber Insurance Landscape and the Role of Passwordless MFA

Financial services organizations are facing challenges from multiple different channels — competitive pressure, regulation and compliance changes, the evolving security landscape — as they undergo technological and business transformation to become more agile, customer-centric and mobile first.

You're invited to view the recording of this recent webinar featuring HYPR and The Cyber Hut discussing the evolution of authentication within financial services. In this session we cover:
a. The state of authentication in financial services, including newly released research data
b. Existing identity and authentication assets and landscape — what we got right as an industry and where the gaps are
c. Identify the usability, security and coverage of existing authentications journeys for staff and customers

    Guidance for closing the perception vs. reality gap and a roadmap to get us there

Authentication In Financial Services - Now & Next

Cyber Security

Multi-Factor Authentication

passwordless

security infrastructure

Ransomware

Cyber Attacks

banks

Security Threats

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Ransomware In Banking — Where Is The Achilles Heel?

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