Connect with us

Cyber Security

Netflix Wants All of Us to Understand the Cost of Password Sharing

Published

on

Written by Steven Hope, CEO, Authlogics

Have you ever shared your Netflix password? If so, you are not alone. But have you stopped to think about the impact it is having? Earlier this week, it was revealed that the streaming service has lost in the region of 200,000 of its 221 million global subscribers, with millions more expected to depart in the coming months. The resulting fall in the Netflix share price (at one point 35%) was a shock for many investors, but with many of us ‘boxsetted out’ by the pandemic, and a cost-of-living crisis looming for many, what can the company do to stem the tide?

It seems one of the big bugbears for Netflix is the habit of sharing account passwords and a survey conducted by time2play in the US, indicates just how widespread it has become. In fact, more than 50% of residents in 17 states including California, Illinois, Ohio, Texas, and Wisconsin, admitted to using another person’s Netflix account.

Some may argue that it is an innocent and victimless crime rather than theft. After all, Netflix’s revenue in 2020 was $24.9 billion, more than doubling since 2017, a trend not currently looking likely to continue. So, what harm does sharing a password with family and friends really do? Sure, the company may miss a ‘few’ dollars, Euros, pounds, and so on, but would those benefitting ever actually become a customer? I suspect for many the answer is no.

Speaking as someone that has spent over a decade campaigning for businesses and people in general to practice safe passwords, the Netflix situation highlights to me how little value is placed on the password, yet how costly they are. This is especially true if there is no perceived risk to the person who owns that credential. You only need to look at the lists of the top four passwords – “123456”, “123456789”, “Qwerty” and of course “Password” – to see how much effort goes into devising something un-hackable!

Poor password practice is of course not isolated to streaming services, it is commonplace in a busy workplace. How often have you said or been asked ‘Can I borrow your login details as mine are not working?’. To make matters worse, with so many people still working from home, usernames and passwords are copied and pasted into emails, SMS, and chats with little thought of the consequences.

So, when Netflix warned that prices would need to rise if the rules continued to be broken, I was struck by how they were able to communicate to the global masses in a matter of days, the link between password abuse and financial ramification, in a way that as security professionals we could never do. However, this may have the opposite effect as inflation is everywhere right now, and I suspect more subscribers may balk at an increase, cancel and switch to using illegal logins instead to cut their household costs.

The reality is that the likes of Netflix will struggle to move to a different authentication mode other than passwords for practical reasons. Would you use a streaming service that requires you to authenticate each time they want to watch, using a One Time Password, PIN, or Code for example? I think not.

While the suggestions of advertising revenue may seem to plug some of the Netflix revenue gaps, they ought to tread carefully. Paying customers don’t want to see ads, and some cost-conscious paying customers may well downgrade and accept ads to save money. However, I would urge Netflix to take a close look at technologies available that could protect its content from exploitation and piracy, without compromising the user experience of those who pay for it.

Whatever Netflix decides to do, it needs to do it quickly. The more all of us feel the squeeze on our finances the more likely we are to cancel such services or be willing to participate in the illicit sharing of passwords.  But I would also urge any organisation that uses password-based logins to look at what is happening to Netflix and ask just how much is going on in your business?

Cyber Security

Databases Are the Black Boxes for Most Organisations

Published

on

Nik Koutsoukos, the Vice President of SolarWinds, says databases represent the most difficult ecosystems to observe, tune, manage, and scale

Tell us about the SolarWinds database observability platform.
Nearly everything a modern business does from a digital perspective requires data. Thus, databases are among the enterprise’s most valuable IT assets. This makes it critical for organisations to ensure their databases are optimised for performance and cost.

That said, databases represent the most difficult ecosystems to observe, tune, manage, and scale. Not only are there different types of databases that serve different purposes, but they are also populated by different types of data, adding to their complexity. The implications of not having visibility into your databases can be anywhere from a costly annoyance to a significant issue that causes business service disruption. For example, most application performance issues, between 70% and 88%, are rooted in the database.

For this reason, databases have largely been seen as a black box for most organisations. You know what goes into it. And you know what comes out and how long that took. However, the complexities that occur within the black box of the database are harder to discern.

This is where the SolarWinds Database Observability comes in. This offering is built for the needs of the modern enterprise environment and helps ensure optimal performance by providing full, unified visibility and query-level workload monitoring across centralised, distributed, cloud-based, and on-premises databases. Organisations armed with SolarWinds Database Observability enhance their ability to understand database implications as new code is deployed, utilise real-time troubleshooting of database performance issues, and isolate unusual behaviour and potential issues within the database.

How does database observability help IT teams track and manage infrastructure, applications, and possible threats?
Database observability collects data about the performance, stability, and overall health of an organisation’s monitored databases to address and prevent issues, and provides deep database performance monitoring to drive speed, efficiency, and savings. With SolarWinds Observability — which supports MongoDB, MySQL, PostgreSQL, and SQL Server database instances — database performance, responsiveness, and error rate are conveniently displayed in dashboards.

Moreover, alerts can be configured to notify admins by email or other methods when user-defined thresholds are crossed. This allows them to identify and remedy issues before they can develop. By gaining insight into the activities taking place inside their database instances, teams can understand user experience as well as ensure systems can scale to meet demand.

What sort of enhancements has your observability platform received recently?
Just this November, we announced major enhancements in the Database Observability capability within our cloud-based SolarWinds Observability platform. SolarWinds Database Observability provides full visibility into open-source, cloud-enabled, and NoSQL databases to identify and address costly and critical threats to their systems and business. It is now possible to navigate across all of the samples collected globally, giving IT teams an empirical distribution of random samples, which resembles the main workload.

What factors according to you will drive the adoption of observability tools in the MEA region?
The Middle East, Türkiye, and Africa (META) are riding a wave of rampant digital transformation as organisations seek to remain competitive. According to IDC, digital transformation spending in the Middle East will accelerate at a compound annual growth rate (CAGR) of 16% over the five-year period, topping US$74 billion in 2026 and accounting for 43.2% of all ICT investments made that year. As organisations continue to shift workloads to multi- and hybrid-cloud environments, the complexity of their IT environments still continues to increase. This raises the potential for visibility and monitoring gaps which ultimately translate to underwhelming or outright frustrating experiences for end users.

Tell us about the top three trends you foresee for 2024.
There are clear signs of the continued adoption of cloud technologies to allow enterprises to become more agile, giving engineering teams the ability to focus on their core competencies and expand and contract on demand.

The adoption of Kubernetes is also increasing as the refocusing introduced by the cloud enables the move to microservices-based architectures which require sophisticated orchestration management.

Finally, we are starting to see an uptick in Vector databases, as applications demand better handling of relationships between data points.

What is going to be your top priority in terms of strategies for 2024?
We will continue to deliver on our vision of making observability easy. OpenTelemetry is driving observability, but data collection is nothing if it can’t provide insights. So, we aim to ensure the data is both collected and curated such that users find it easy to consume and extract valuable insight.

Regionally, through 2024, we will continue to focus on our key markets of the UAE and Saudi Arabia, the ongoing enhancement of our product portfolio, and the strengthening of our channel ecosystem to create more markets for our business and for our partners.

Continue Reading

Cyber Security

ManageEngine Intros Enhanced SIEM with Dual-Layered System for Better Precision in Threat Detection

Published

on

ManageEngine, the enterprise IT management division of Zoho Corporation, today unveiled the industry’s first dual-layered threat detection system in its security information and event management (SIEM) solution, Log360. The new feature, available in Log360’s threat detection, investigation and response (TDIR) component, Vigil IQ, empowers security operations centre (SOC) teams in organizations with improved accuracy and enhanced precision in threat detection.

A quality SOC ensures people, processes, and cutting-edge technology function well. However, enterprise security is made difficult by staffing shortages and solution orchestration complexities. Following recent upgrades to the security analytics module of Log360 designed to facilitate SOC optimization through key performance metric monitoring, the company has focused on addressing pressing challenges in security operations.

“In a recent ManageEngine study, a majority of respondents revealed that their SOCs are understaffed. These resource-constrained SOCs grapple with significant obstacles, such as process silos and manual investigation of alerts, which are often non-threats, low-priority issues or false positives. These lead to extended detection and response times for actual threats. To overcome these challenges, we recognize the imperative adoption of AI & ML for contextual event enrichment and rewiring threat detection logic,” said Manikandan Thangaraj, vice president at ManageEngine.

“We pioneered a dual-layered, ML approach to heighten the precision and consistency of threat detection. First, Vigil IQ ensures genuine threats are discerned from false positives. Second, the system facilitates targeted threat identification and response. This advanced system significantly improves the accuracy of identifying threats, streamlining the detection process and allowing SOC analysts to focus their valuable time on investigating real threats.”

Key Features of the Dual-Layered Threat Detection System of Vigil IQ in Log360:
Smart Alerts: Vigil IQ, the TDIR module of Log360, now combines the power of both accuracy and precision in threat detection. With its dynamic learning capability, Vigil IQ adapts to the changing nature of network behaviour to cover more threat instances accurately. It will spot threats that get overlooked due to manual threshold settings, thereby improving the detection system’s reliability.

Proactive Predictive Analytics: Leveraging predictive analytics based on historical data patterns, Vigil IQ predicts potential security threats, facilitating the implementation of proactive measures before incidents occur. This predictive intelligence drastically reduces the mean time to detect (MTTD) threats.

Contextual Intelligence: Vigil IQ enriches alerts with deep contextual information, providing security analysts with comprehensive threat insights. This enrichment of alerts with non-event context accelerates the mean time to respond (MTTR) by delivering pertinent, precise information.

Continue Reading

Cyber Security

Cybersecurity on a Budget: Affordable Cybersecurity Strategies for Small Businesses

Published

on

According to a survey by Statista, typically, global enterprises dedicate a minimum of 12% of their IT expenditure to information security measures. While larger companies can afford to spend a lot on building a robust cybersecurity strategy, smaller businesses cannot. So, let’s explore some affordable cybersecurity strategies for small businesses that may cost less but have a greater impact.

Train your employees
An article from Forbes found that, annually, 34% of businesses worldwide encounter incidents involving insider attacks. Whether intentional or unintentional, employees tend to be the reason for most data breaches. Per the same article, phishing emails account for 67% of accidental insider attacks.

Phishing attacks mostly instil a sense of urgency in the victim, making it harder for them to think clearly before making a decision. For example, employees may click an email announcement about a bonus that actually came from a malicious outsider impersonating your company’s CEO.

To avoid such mistakes, it’s imperative to train employees on the types of phishing attacks and the ways to identify them. Even going as far as sending a mock phishing email occasionally to test their instincts and educate them can go a long way.

Assess your vulnerabilities
One of the most important cybersecurity strategies is to assess all your risk points by periodically reviewing all your business processes. Pay more attention to teams that deal with a lot of customer data. For instance, sales and marketing teams may handle customer data on a day-to-day basis, so they are at high risk of leaking or mishandling data. Assess their daily activities, create a record of all the risk points, and find ways to mitigate them.

Encrypt your data
Encrypting your data can be an effective method to protect it in case of data leaks. Let’s say a hacker gets hold of your company’s data, but it’s encrypted. Unless the hacker gets the encryption key from you, they cannot access your company’s data. This adds another layer of protection in addition to the everyday cybersecurity best practices that you should be following in your company. So make it a point to encrypt all your data, especially sensitive and critical data.

Limit access to critical data
Not everyone requires access to all data. Try to limit access to critical and sensitive data to fewer employees by basing access on work duties or requiring approval for access, making it a multi-step process to access it. Additionally, periodically review who has access to what data to ensure there aren’t any misallocations of access.

Secure your Wi-Fi
A secure network will reduce the chances of a hack or unauthorized access to your sensitive data. So switch your Wi-Fi to WPA2 or later, as it offers more security. Your business might already be using it, but it’s best to be sure. Additionally, change the name of your SSID and have a strong pre-shared key to keep your Wi-Fi safe from hackers.

Prevent physical theft
Through April 2023, there were 3,785 robberies in London, and 1,765 were of mobile phones. This highlights how important it is to secure your physical assets, as they might contain critical and sensitive information about your organization.

Here are some ways to protect your physical assets, such as PCs, laptops, scanners, and printers:

  1. Restrict unauthorized access to assets.
  2. Install a physical tracker on all devices to track down lost items.
  3. Enable remote wiping of data to erase information if a device is lost.

Cybersecurity strategies are seldom drafted with affordability in mind. However, it is crucial to consider them from a financial perspective, as small businesses are also increasingly susceptible to cyberattacks. These tips can help you take the first step toward creating a secure IT environment. Learn more about cybersecurity solutions for your business.

Continue Reading
Advertisement

Follow Us

Trending

Copyright © 2021 Security Review Magazine. Rysha Media LLC. All Rights Reserved.