Microsoft Cloud Authors: Elizabeth White, Yeshim Deniz, Serafima Al, Janakiram MSV, John Katrick

Related Topics: Cloud Security, Java IoT, Microservices Expo, Microsoft Cloud, Linux Containers, Agile Computing

Cloud Security: Article

Confronting Identity Theft Head-On with Multi-Factor Authentication

Methods of identity theft have outpaced popular security measures, necessitating a new standard in data defense

The online world has become a dangerous place. According to a survey, 90 percent of all companies fell victim to a security breach in the last twelve months. Hacking and advanced persistent threats (APTs) have rendered the two-factor authentication token, now over 20 years old, essentially obsolete. Without question, a real need exists for a truly secure approach to real-time multifactor authentication to combat today's modern threats.

Remote Access Spikes Security Risk
The use of online services has exploded in the last decade as enterprises have adopted remote access as the default way to access systems and conduct business. With the pervasive use of online access to conduct business, the threat of identity theft has increased with stunning speed and complexity. Ponemon Research surveyed more than 500 corporations and found that 90 percent had been successfully hacked in the last twelve months. This finding underscores the need for major enterprises to adopt stringent, effective security methods as a means to protect against breaches. As a result, modern mobile phone-based multifactor authentication is in high demand.

Advances in Hacking
In the same way that the remote access industry has evolved, so have threats and their complexity. In the early days of online services, usernames and passwords were typically the only form of authentication. To defeat them, hackers used "brute force" attacks to guess the username or password, or "dictionary attacks" to assume a user's identity. In a dictionary attack, a computer or a hacker attempts various combinations of potential passwords until access is granted.

Systems eventually evolved to block these attempts by locking the account down after a few faulty attempts, leading hackers to develop new techniques like key loggers. Today, the most widely used attacks are pharming, phishing or a combination of the two. These terms describe methods by which users are led to a counterfeit website that looks just like the original. This tricks the user into entering his or her username and password. Some of the more advanced attacks send stolen information to the hackers in real time via a small instant message program, compromising many popular two-factor authentication tokens. As an example, Zeus malware captures a user's credentials - even advanced time-based token codes - and sends the information to the hacker.

As if that weren't enough, newer and more sophisticated methods of intercepting user interactions with online services have emerged in recent years, including man-in-the-browser, man-in-the-middle and session hijacking. Even the most secure traditional two-factor authentication token devices can no longer secure a user's identity against these new, more insidious threats. Yet many organizations are unaware that traditional tokens can be compromised, posing a significant security risk.

Many Security Technologies Fall Short
Today's ever-changing threat environment creates a never-ending battle wherein organizations must constantly evaluate the right level of investment in security. Often, the best possible protection is not financially feasible for many organizations, and thus a trade-off has to be made. To protect against identity theft schemes within budgetary constraints, organizations have sampled different technologies, including certificates, biometric scanning, identity cards and hard- and software tokens, with the latter being the most dominate technology. Certificates are often viewed as the ideal way to connect two devices with a secure, identifiable connection. The main issue is the deployment and administration of these certificates and the risks that these are copied without the user knowing it. Furthermore, the certificate authority might be compromised as well.

Biometric scanning has also enjoyed some success, often seen as a very secure alternative. However, the assumption that you always have a functioning finger or iris scanner handy has proven impractical, and the resulting scan produces a digital file that can itself be compromised. Another alternative is the identity card, which often proves impractical in a world of Bring Your Own Device ("BYOD"), where users demand access from an ever-changing variety of devices. Therefore, a new approach is needed.

A Mobile Approach to Security
Many organizations have begun using multi-factor authentication based on mobile networks to address today's modern threats while meeting a user's need for easier and more flexible solutions.

Two elements drive the adoption of the new crop of multi-factor authentication: one, the need to deliver hardened security that anticipates novel threats; and two, the need to deploy this level of security easily and at a low cost. The device used in the authentication process also needs to be connected to the network in real time and be unique to the user in question.

If the authentication engine sends a regular token via SMS, however, today's malware threats can steal the code easily. Therefore, organizations must seek strategies that operate efficiently in a message-based environment to successfully defend against modern threats. Key elements can include:

  • One-time password: To get the highest possible level of security, the one-time password (OTP) must both be generated in real time and be specific (locked) to the particular session, as opposed to tokens that use seed files where the passcodes are stored.
  • Minimal complexity: To minimize infrastructure complexity, the solution should plug into different login scenarios, such as Citrix, VMware, Cisco, Microsoft, SSL VPNs, IPsec VPNs and web logins. Other ways to minimize infrastructure overload include providing these logins in an integrated, session-based architecture.
  • Multiple defenses: To support real-time code delivery, the organization needs robust and redundant server-side architecture along with multiple delivery mechanism support, regardless of geographic location.
  • Easy management: The solution should be able to be managed easily within the existing user management infrastructure.
  • Context-specific: To maximize security, the company should leverage contextual information - such as geo-location and behavior patterns - to effectively authenticate the user.

The Security Horizon
The modern convenience of online services has brought with it the modern scourge of identity theft. Methods of identity theft have outpaced popular security measures, necessitating a new standard in data defense: session- and location-specific multi-factor authentication. This kind of real-time solution, delivered to a user's mobile phone, can provide the security organizations must have if they hope to protect their employees, users and data from modern online threats.

More Stories By Claus Rosendal

Claus Rosendal is a founding member of SMS PASSCODE A/S, where he oversees the product strategy and development in the role of Chief Technology Officer. Prior to founding SMS PASSCODE A/S, he was a co-founder of Conecto A/S, a leading consulting company within the area of mobile computing and IT security solutions with special emphasis on Citrix, Blackberry and other advanced handheld devices. Prior to founding Conecto A/S, he headed up his own IT consulting company, where he was responsible for several successful ERP implementations in different companies (C5 / SAP). Claus holds a Master Degree in computer science from University of Copenhagen.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.

@ThingsExpo Stories
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...