With account takeover and Business Email Compromise (BEC) attacks on the rise, enterprises looking to more tightly control data access and prevent breaches have found a principle to get behind: Zero Trust. In practice, the Zero Trust security model means never trusting, always verifying users’ identities in an effort to combat fraud, and only granting access once proof has been established that users are who they say they are.
While motive is noble, in reality, the required authentication measures can mean your employees, consumers, and partners end up feeling like criminals. But it doesn’t have to be this way.
SpyCloud has become an essential component of Zero Trust, giving you confidence in your users’ identities and protecting their accounts (and your enterprise’s sensitive corporate systems and data) without creating unnecessary friction for your users or extra work for your security team.
SpyCloud performs automated login checks against the world’s largest repository of recovered, previously stolen credentials and PII to assess whether or not the username, password or other personal information has been exposed to threat actors. This continuous verification provides extra certainty that users’ account credentials are secure and uncompromised.
If login credentials are determined to be exposed in a breach — even a very recent breach, since SpyCloud gains access to stolen data within days of a breach occurring — users are sent through a stronger, secondary authentication process to log in, thwarting criminal attempts at account takeover. Without forcing a password reset, your enterprise is able to verify that users are who they purport to be (for example, by asking additional “secret answer” questions), without introducing more friction into the login process.
Should you choose to force a password reset, you can feel confident that you have remediated compromised user credentials before or very soon after account takeover attack cycles begin, preventing the fraud, business email compromise attacks and illegitimate network access that cybercriminals perform with hijacked accounts.
We all know that hackers don’t break in anymore; now they just log in. A criminal who gets ahold of an employee’s password can do serious damage to your bottom line. How can you distinguish between a criminal logging in with a stolen password and your employee logging in legitimately? The best method of defense goes well beyond MFA — it’s proactive ATO prevention. Match employee logins against the world’s largest repository of compromised credentials and when a login is flagged as part of a breach, automatically force a reset of the users’ password.
SpyCloud can also detect when your board members’ and high profile executives’ personal passwords are compromised online, and help you prevent these passwords from being reused to gain sensitive entry to your company — reinforcing your Zero Trust policies.
Criminals who have gained access to your consumers’ accounts perpetrate fraud that costs your business — and your consumers themselves — time, effort and money. Prevent illegitimate purchases, unauthorized funds withdraws, and users’ PII. Protecting their accounts is your priority, but you don’t have to interrogate them at every login in order to do so. Zero Trust and a great customer experience aren’t mutually exclusive concepts with SpyCloud.
To protect consumer accounts and personal data, login attempts from users whose information SpyCloud determines to be at risk are automatically prompted to complete an additional authentication measure. Financial institutions, for example, using SpyCloud can also proactively monitor for account compromises and notify customers of the risk or exposure, helping secure accounts, prevent fraud and create trust between you and your customers.
Your partners, vendors and suppliers introduce risk to your business. Think about the number of third parties who have access to your HR, finance, and marketing systems via logins that are as susceptible to breaches as any other employee or consumer account under your purview. With SpyCloud, you can pass your Zero Trust enforcement onto them and share their exact exposure details with them so they can shore up security measures for those accounts. SpyCloud enables you to know which partners pose the highest risk to your business and which vendors are most susceptible to BEC fraud.
Reduce online fraud by detecting compromised consumer accounts before criminals have a chance to use them.
Monitor employee login credentials for exposures that could put your enterprise at risk of a data breach.
Secure your supply chain by monitoring your vendors and partners for compromise.