If there’s anyone that still doesn’t believe that an investment in security will pay dividends need only read today’s latest headline regarding the recent spate of breaches involving Yahoo. Here’s a link to just one of the many articles: https://www.yahoo.com/tech/yahoo-punishes-ceo-latest-fallout-230428481.html.
This article, and many like it, go on to state the following ramifications of the Yahoo breaches during which personal information of more than 1,000,000,000 (yes, that’s a BILLION) users were exposed.
- Marissa Mayer – the CEO will lose out on her annual bonus (amount not listed) and a lucrative stock grant.
- Ronald Bell – Yahoo’s general counsel resigned without a “golden parachute.”
- Alex Stamos – Yahoo’s top security guy at the time of the breach resigned in 2015
That’s a lot of money lost and careers that have be negatively affected by these breaches.
At One Identity, we’re laser focused on ensuring this doesn’t happen to you and your organization. And there are several steps you can take to help ward off the bad guys.
- Lock down and audit privileged accounts
- Ensure that users are who they say they are through multi-factor authentication
- Prove that the rights users have are correct and approved with governance
Would these steps have prevented the Yahoo breach? Maybe, maybe not. But these foundational aspects of identity and access management will go a long way to ensuring your organization stays safe and secure.
If you’d like to learn more about how One Identity can help make sure you are not the next Yahoo, check out our white paper The Low Hanging Fruit of IAM: Three Fundamental Things You Should Be Doing