DATA SECURITY, ENTERPRISE IDENTITY, NETWORK THREAT DETECTION
ForgeRock | March 21, 2023
ForgeRock®, a global digital identity leader, today announced ForgeRock Enterprise Connect Passwordless, a new passwordless authentication solution that eliminates the need for users to interact with passwords inside large organizations. Enterprise Connect Passwordless is the latest addition to ForgeRock’s industry-leading, passwordless authentication portfolio for consumer and workforce use cases.
Developed through ForgeRock’s strategic partnership with Secret Double Octopus, the new solution, integrated into ForgeRock Identity Platform, protects the most commonly used and vulnerable enterprise resources such as servers, workstations, remote desktops, and VPNs. It helps large enterprises proactively defend against costly cyber-attacks and unauthorized access by providing a passwordless experience to legacy applications, systems and services. In turn, organizations can deliver an employee experience that empowers people to access their information without needing to know a password.
“The move to passwordless authentication will fundamentally change every digital experience on the planet, starting with the most common experience of all - logging in,” said Peter Barker, Chief Product Officer, ForgeRock. “With the addition of Enterprise Connect Passwordless, ForgeRock is the only solution to offer a full spectrum of passwordless capabilities that help employees and consumers say goodbye to remembering their passwords.”
Organizations deploying ForgeRock Enterprise Connect Passwordless become a more secure enterprise by removing employee interaction with passwords, and reducing the risk of compromise. Benefits include eliminating employee account lockouts and reducing the volume of IT tickets, which can lower operational costs from help desk interactions, increase workforce productivity and enhance the user experience.
Removing Passwordless Orchestration and Deployment Complexities
ForgeRock Enterprise Connect Passwordless uses next generation identity orchestration capabilities that allow enterprises to easily design and implement passwordless login and access journeys tailored to their unique security and experience needs. With ForgeRock, organizations now have the freedom to move to passwordless at their own pace – without it being an “all or nothing” experience.
“When an organization decides it wants to go passwordless to improve user experiences, that can be a heavy lift, made lighter when accompanied by user journey orchestration technology,” said Jay Bretzmann, Research Vice President, Security Products, IDC. “The ability to rapidly create login experiences tailored to groups of diverse individuals is an imperative for modern enterprises. Orchestration not only provides the tools to do this, but also the ability to ‘fine-tune’ journeys in real-time. What used to take programmers and developers weeks or months can now be accomplished by non-technical IT or identity staff for a fraction of the time and cost.”
Available in Q2, Enterprise Connect Passwordless augments the company’s existing passwordless capabilities, adding to the ongoing work ForgeRock has been doing to eliminate consumer passwords for more than a decade.
A History of Paving the Passwordless Path for Enterprises
The ForgeRock Identity Platform has an extensive history of providing organizations several options to help deploy passwordless authentication for mobile and web applications to reduce fraud and improve the user experience.
ForgeRock can accelerate passwordless deployment with integration for applications, support for identity standards, easy to use workflows to enable workforce and CIAM passwordless user journeys, and web-based passwordless authentication through a browser using passkeys in their mobile devices. ForgeRock already supports passwordless authentication capabilities through FIDO2 WebAuthn standards and passkeys within the ForgeRock Identity Cloud, low-code, no-code access orchestration with ForgeRock Intelligent Access and AI-driven threat protection within ForgeRock Autonomous Access. ForgeRock also has alliances with partners that have developed curated FIDO solutions for many different types of applications.
ForgeRock® is a global digital identity leader helping people simply and safely access the connected world. The ForgeRock Identity Platform delivers enterprise-grade identity solutions at scale for customers, employees, and connected devices. More than 1,300 organizations depend on ForgeRock’s comprehensive platform to manage and secure identities with identity orchestration, dynamic access controls, governance, and APIs in any cloud or hybrid environment.
ENTERPRISE SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Prnewswire | April 21, 2023
Bitsight, a leader in managing and monitoring cyber risk, today unveiled its expansion into a broader category of integrated cyber risk management. As the category creator and global leader in the cybersecurity ratings industry, Bitsight's enhanced strategy will deliver new capabilities to empower security professionals and business leaders to more effectively and holistically manage cyber risk. The announcement includes large-scale distribution of risk data and insights through Moody's/BVD's Orbis, a new Third-Party Vulnerability Detection & Response solution, and more predictive cyber risk ratings that help mitigate cyber risk and make CISOs and risk professionals' jobs easier.
Bitsight's integrated solutions address the needs of CISOs and risk leaders, whose roles have become more challenging in recent years with digital transformation, supply chain risk, and expanded attack surfaces. "As the cyber threat landscape worsens and the global regulatory landscape demands more nimble and thorough risk management, Bitsight has evolved to stay ahead of our customers' needs. Business leaders, risk leaders and boards are turning to us as an integrated solution to manage risk and build trust across their ecosystem," said Bitsight CEO Steve Harvey.
Furthermore, comprehensive cyber risk management is also essential to good corporate governance, reaffirmed by the recently released White House national cyber strategy, pending SEC regulations on cybersecurity disclosure, and cybersecurity requirements emerging throughout Europe and Asia. Harvey noted, "Our strategic shift to become an integrated cyber risk management leader means we're able to provide customers and governments with the industry's most impactful data, services and tools to confidently navigate the uncertain cyber landscape."
Accelerated Partnership with Moody's Corporation
Newly-added integrations with Moody's will deliver expanded insights for enterprises and assist with holistic cyber risk management. In October 2021, Moody's Corporation invested $250 million in Bitsight, and the two companies announced a landmark partnership agreement. Through this partnership, Bitsight became the primary cyber risk analytics provider across Moody's suite of integrated risk assessment offerings.
Bitsight data is now accessible by nearly 2,000 global credit analysts within Moody's Investors Service. These analysts are leveraging Bitsight to better understand the relative cyber risk of issuers, engage issuers on cybersecurity risk, and publish research on the intersection of cyber risk and credit risk. Additionally, Bitsight ratings data is now also integrated within Moody's Analytics' BVD Orbis platform, enabling non-technical risk managers to easily consider cyber risk factors in counterparty risk analysis.
"The rise of cyberattacks and ransomware has created an imperative for business leaders and boards to assess and quantify their cyber risk," said Moody's Analytics President Stephen Tulenko. "Bitsight is our trusted partner in helping leaders to better understand, measure, and navigate the cyber risk landscape with confidence."
Through these integrations, Bitsight and Moody's insights may be used together in powerful combinations for applications such as Know-Your-Customer, supply chain management, insurance underwriting, and credit risk assessment.
New Third-Party Vulnerability Detection & Response Application
To further its cyber risk management capabilities, Bitsight has enhanced its Third-Party Vulnerability Detection tool to include a Response workflow. Zero-day attacks and other vulnerabilities are increasingly common, and most companies are struggling to properly manage third-party exposure to critical vulnerabilities quickly, effectively, and at scale. With Vulnerability Detection & Response, cybersecurity teams can now access the most important vulnerability data and effectively prioritize vendor outreach with built-in questionnaires while tracking vendor response progress in real time. This release is another innovative application showcasing Bitsight's continued commitment to helping customers better monitor, manage, and mitigate vulnerabilities across their third-party ecosystems.
More Predictive Cyber Risk Ratings – Bitsight's Ratings Algorithm Update
Bitsight has launched a new ratings algorithm, with several key enhancements, most notably modifying the weights of several risk vectors based on independent research and insight into how those risk vectors correlate to real life cyber events. As a part of delivering an integrated cyber risk management solution, Bitsight remains committed to investing in and producing actionable cybersecurity ratings that have the strongest correlation in the industry to the likelihood of a cyber incident. "Cybersecurity ratings remain a critical tool in cybersecurity and risk leaders' arsenals, while the pressures and demands to address cyber risk have significantly expanded," said Harvey.
As attacks on organizations intensify and business leaders demand greater strategic support to address risk, Bitsight's mission to build trust in the digital economy has extended well beyond cyber risk ratings. "Risk leaders globally spend every day working against a relentless and growing problem of cyber risk uncertainty," said Harvey. "And as waves of digital transformation continue to disrupt cybersecurity stability, we are committed to supporting our current and future customers with a broad and unified cyber risk management solution that helps them navigate with greater confidence."
Learn more about our partnership with Moody's Corporation here
Learn more about Third-Party Vulnerability Detection & Response her
Learn more about the Rating Algorithm Update here
Bitsight is a global cyber risk management leader transforming how organizations manage exposure, performance, and risk for themselves and their third parties. Companies rely on Bitsight to prioritize their cybersecurity investments, build greater trust within their ecosystem, and reduce their chances of financial loss. Built on over a decade of market-leading innovation, its integrated solutions deliver value across enterprise security performance, digital supply chains, cyber insurance, and data analysis.
DATA SECURITY, ENTERPRISE SECURITY, SOFTWARE SECURITY
Businesswire | April 10, 2023
LastPass announced the expanded availability of its Security Dashboard and associated dark web monitoring and alerting, making it the only password manager providing proactive credential monitoring for all customers, including those using the product for free. The Security Dashboard is the central hub where customers can monitor the overall security of all vault credentials, including exposure to the dark web, which allows customers to better protect themselves from potential breaches.
“The Security Dashboard is an essential component of the partnership we have with our customers to help keep their data and private information secure,” said Christina Cho, Sr. Director of Product Management at LastPass. “We are committed to providing our customers with the knowledge and best practices necessary to make their password vault and digital presence as strong as possible.”
The expanded rollout of the Security Dashboard comes as part of LastPass’ ongoing efforts to better educate customers on password and vault best practices. Using the Security Dashboard, all LastPass customers can now monitor, review and further secure their LastPass account and data within from one central location:
Security Score: A customer’s security score is a score of 1% through 100% that analyzes use of LastPass’ security best practices, including the strength of vault passwords, use of multi-factor authentication, and dark web monitoring.
List of At-Risk Passwords: Customers can see a list of passwords that are considered weak or are reused and can easily update them using the LastPass password generator to change them to strong and unique passwords.
Enabling Multi-Factor Authentication: LastPass recommends customers enable multi-factor authentication to add an extra layer of protection to their LastPass vault.
Dark Web Monitoring: Customers can enable dark web monitoring and receive real-time monitoring of email addresses saved to their vault against a database of compromised credentials from third-party breaches. If the email addresses are believed to be at risk, customers receive alerts immediately via email and within the Security Dashboard. In addition, when customers enable dark web monitoring, a one-time retroactive check for the previous 12 months is run against the list of email addresses.
Customers who use LastPass for free and have selected their mobile phone as their device type can login via LastPass on a desktop web browser to view their Security Dashboard and turn on dark web monitoring.
Customers can find more information about the LastPass Security Dashboard here.
LastPass is an award-winning password manager which helps millions of registered users organize and protect their online lives. For more than 100,000 businesses of all sizes, LastPass provides password and identity management solutions that are convenient, easy to manage and effortless to use. From enterprise password management and single sign-on to adaptive multi-factor authentication, LastPass for Business gives superior control to IT and frictionless access to users. For more information, visit https://lastpass.com. LastPass is trademarked in the U.S. and other countries.