Monday, March 9, 2020

IBM Threat Report Presents Risks for 2020

The latest IBM threat report examines the most prescient threats facing business in 2020, and its findings should alarm cybersecurity leaders. Notably, the report found that hackers are not turning to overly sophisticated techniques to access company IT. Rather, they are relying on the deluge of personal data already available to access an organization’s infrastructure. When those methods fail, many are deploying phishing scams as a cheap, relatively safe way to compromise employee credentials. 

According to IBM, phishing attacks and unauthorized credential use were two of the most prominent attack methodologies, with the exploitation of vulnerabilities completing a risk triumvirate for companies to address in the year ahead.

The report’s silver lining is that companies are not powerless against these threats. Employee awareness training can render these attacks useless, and integrated two-factor authentication can prevent unauthorized account access even when credentials are compromised. Together, they present a meaningful way for every company to protect itself against the most likely threats in the year ahead.

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