Wednesday 27 July 2022, 11am-12noon (BST)
Many businesses believe that by deploying multi-factor authentication (MFA), they are protected against ransomware attacks that leverage phishing and/or stolen credentials.
Unfortunately, MFA solutions that rely on tokens, push notifications, and QR-Codes only protect against brute-force attacks – not phishing attacks.
Ransomware is possible due to stolen credentials or system vulnerabilities. The 2022 Verizon Data Breach Investigations Report (DBIR) highlighted once again that 80% of all attacks utilise phishing and/or stolen credentials. As a result ransomware is rampant today. It increased by 13% in 2022 – the most in the last five years combined.
Lapsus$ ransomware has been successful despite MFA deployment from well-known MFA solutions, so businesses still need further protection against ransomware that leverages phishing and password-based tactics.
Watch now for a deep dive into ransomware, MFA, phishing, and protecting your users, and to discover how malicious actors are still successful despite technical ‘safeguards’.
Danny King (info), Managing Director, The SASIG