Intelligent CIO North America Issue 45 | Page 34

EDITOR ’ S QUESTION
LIM TECK WEE , AREA VICE PRESIDENT , ASEAN , CYBERARK

This Identity Management Day , the push to educate business leaders , IT decision-makers and the general public about the importance of managing and securing identities comes at the perfect time .

According to the 2023 CyberArk Identity Security threat landscape survey , 99.9 % of Singapore organisations expected identity-related compromise last year . This shows that compromising identities remains the most effective way to access sensitive data and assets – and attackers know it .

In the age of online oversharing , the digital breadcrumb trails we leave across the web are gold dust for threat actors looking to exploit people ’ s identities .

The art of cyber surveillance has advanced , with cybergangs employing open-source intelligence ( OSINT ) to create comprehensive profiles of their targets to create hyper-personalized phishing emails .
The introduction of AI tools and chatbots has slashed the time it takes from data reconnaissance to full-blown attack . AI is enabling the automation and acceleration of data analysis , to quickly tailor phishing emails with convincing personalization .
Our recent research shows 61 % of Cybersecurity leaders are losing sleep over AI chatbots being used to create phishing campaigns – plus 63 % are specifically concerned about deepfakes .
Managing your digital footprint can be as straightforward as reducing your email newsletter subscriptions and deactivating old social media profiles . Shrinking the available pool of personal data online weakens the tools cyberattackers have at their disposal .
JAMES DYER , THREAT INTELLIGENCE LEAD , EGRESS
34 INTELLIGENTCIO NORTH AMERICA www . intelligentcio . com