NEWS
Report finds state-sponsored hackers and ransomware gangs are diversifying tactics
Ping Identity unveils advanced passwordless features to transform digital experiences
Ping Identity , an intelligent identity solution for the enterprise , has announced PingZero , a suite of passwordless authentication features which organizations can implement to deliver seamless digital experiences to employees and customers .
Some of the world ’ s most skilled nationstate cyber adversaries and notorious ransomware gangs are deploying an arsenal of new open-sourced tools , actively exploiting corporate email systems and using online extortion to scare victims into paying ransoms , according to the 2020 Cyberthreatscape Report from Accenture .
Leveraging Accenture ’ s cyberthreat intelligence ( CTI ) capabilities , the report – which Accenture Security produces annually – examines the tactics , techniques and procedures employed by some of the most sophisticated cyber adversaries and explores how cyber incidents could evolve over the next year .
The report includes research contributions from Context Information Security and Deja vu Security , which Accenture acquired in March 2020 and June 2019 , respectively . Those acquisitions built on several others this year – including Symantec ’ s Cybersecurity Services business and Revolutionary Security – demonstrating Accenture ’ s continued commitment to scaling its cybersecurity services for clients .
Josh Ray , who leads Accenture Security ’ s Cyber Defence Practice globally , said : “ The biggest takeaway from our research is that organisations should expect cybercriminals to become more brazen as the potential opportunities and pay-outs from these campaigns climb to the stratosphere .
“ In such a climate , organisations need to double down on putting the right controls in place and by leveraging reliable cyberthreat intelligence to understand and expel the most complex threats .”
By eliminating login friction , including the need for usernames and passwords , PingZero boosts employee productivity , improves customer retention and acquisition rates and strengthens cybersecurity defenses – all with zero passwords and zero friction . PingZero uniquely leverages the Ping Intelligent Identity platform and other technologies , including the FIDO2 standard to enable passwordless experiences across a variety of resources and applications .
Verizon ’ s investigative report found that passwords are one of the most common causes of security breaches and , also , a major barrier in digital experiences .
In fact , by 2022 , 60 % of large global enterprises and 90 % of mid-size enterprises will implement passwordless methods in more than 50 % of use cases , predicts Gartner .
That ’ s because passwordless features accelerate and increase adoption of remote work and digital-first initiatives while improving the security and cyber hygiene of customers and employees , who are burdened with keeping track of more usernames and passwords than ever before .
PingZero ’ s advanced passwordless authentication utilizes device and browser settings , biometrics and the FIDO2 standard to provide enterprises with greater assurance that a user is who they say they are .
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