Displaying items by tag: Venafi

GUEST RESEARCH: Evaluating the opinions of more than 1,000 IT and development professionals, including 193 executives with responsibility for both security and software development, a survey conducted by machine identity management and provider Venafi revealed there is a glaring disconnect between executive concern and executive action.

Security professionals believe the world is in a permanent state of cyber war, with 90% concerned that digital infrastructure will suffer the most damage as a result, according to new research which found that these professionals believe the most vulnerable industries are those that are undergoing rapid digital transformation and are essential to daily life.

Global machine identity protection provider Venafi says that between US$51 billion to US$72 billion in losses to the worldwide economy could be eliminated through the proper management and protection of machine identities.

Malware campaigns equipped with the capability to exploit powerful, hidden backdoors are becoming commoditised, according to one security firm which says that research reveals that several high-profile hacker campaigns are integrating the misuse of SSH machine identities capabilities into their attacks.

With a number of global certificate outages, malicious software backdoors and major data breaches, 2019 was a banner year for cybercriminals, according to machine identity protection provider Venafi which warns that security professionals should expect to see more attacks targeting machine identities throughout 2020.

Machine identity protection provider Venafi has found that a survey of government-mandated encryption backdoors show that 80% of the respondents say countries with government-mandated encryption backdoors are more vulnerable to cyberattacks targeting election infrastructure.

Intel has revealed four more vulnerabilities in all its modern processors, all of which could lead to side channel attacks that use speculative execution to leak data.

Machine identity protection provider Venafi has found that certificate-related outages of critical business infrastructure were experienced during the last 12 months by nearly two-third of 550 companies it studied in five countries.

Recent research sponsored by Venafi has uncovered thriving marketplaces for TLS certificates sold individually and packaged with a wide range of crimeware.

Tech professionals have offered mixed reactions about the Australian data breach law which took effect a year ago today, pointing out that in general while it has no big downsides, the legislation has no great upsides either.

Security vendors Venafi and nCipher Security have joined forces to deliver a system they say enables organisations to scale the generation and protection of machine identities, even in complex, high-security environments.

Certificate and key management specialist Venafi would like to see Australian and New Zealand developers benefit from its Machine Identity Protection Fund.

"People don't understand machine identities very well," Venafi chief cyber security strategist Kevin Bocek told iTWire.

Creating backdoors in software so that governments can snoop on users is the worst possible thing to do from a security point of view, according to Jeff Hudson, the head of US security firm Venafi.

Venafi is a US based security company that secures and protects keys and certificates so they can’t be used by bad guys in cyber attacks.

An organised crime group is stealing digital certificates signed by legitimate software vendors, including the source code of online game projects.