The future of business has changed drastically due to the rapid advancement of the remote work era from the pandemic. Here are three key CIAM market trends that security professionals should be aware of as they finalize their 2021 plans.

New data from Jumio reveals that new account fraud based on ID verification declined 23.2% worldwide YTD in 2020, compared to 2019 results. At the same time, selfie-based fraud rates were five times higher than ID-based fraud. This illustrates the growing number of stolen ID documents available on the dark web for purchase and, more importantly, the growing need to determine if an ID is authentic and belongs to the user.

Positive Technologies has published its “5G standalone core security assessment”. The report discusses vulnerabilities and threats for subscribers and mobile network operators, which stem from the use of new standalone 5G network cores. The vulnerabilities in protocols HTTP/2 and PFCP, used by standalone 5G networks, include the theft of subscriber profile data, impersonation attacks and faking subscriber authentication.

Today’s customers rarely bat an eye when they receive a security alert from a company with which they do business. That’s because large tech companies have baked identity confirmation and notifications of suspicious activities into their everyday user experiences.

Though many healthcare organizations still consider it optional, two-factor authentication - also known as Multi-Factor Authentication (MFA) - is an indispensable part of a secure environment, and key to protecting your medical data.

Digital Shadows released research on the most popular items for sale on the dark web this holiday season – this one is shaping up to be different than any before with many consumers turning to online shopping instead of brick and mortar.

Lookout, Inc. announced the discovery of Goontact, a new spyware targeting iOS and Android users in multiple Asian countries. Uncovered by the Lookout Threat Intelligence team, Goontact targets users of illicit sites and steals personal information stored on their mobile devices. Evidence shows these sextortion scams are affecting Chinese-, Japanese- and Korean-speaking people. Goontact may also be operating in Thailand and Vietnam. Lookout discovered evidence the campaign may have been active since 2018 and is still active today. 

The coronavirus pandemic has sparked a new round of digital transformation. But in many cases, the rapid pace of digital acceleration has enlarged the digital footprint of both businesses and consumers beyond the capacity of our cybersecurity infrastructure to keep up. The scary reality is that the business impact of COVID-19 may be creating the perfect storm for a cybercrime pandemic; digital citizens will have to act aggressively to secure their data before it’s too late.

Mobile devices are part and parcel of today’s increasingly distributed workforce. Laptops, smartphones, and tablets are provisioned by enterprises to increase employee productivity, while providing flexibility to work remotely. But when the pandemic struck, security teams across industries were challenged by the unprecedented speed and scale of the shift. This disruption created great strain for IT security teams. Pair that with the increase in employee BYOD devices, already-overworked IT teams raced to ensure only authorized devices could connect to corporate assets. 

Apple has officially rolled out the new privacy labels on its App Store, which allows users to understand the type of data collected by each app.