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Social media used to be free. Not anymore.

Vox

Friso Gentsch/picture alliance via Getty Images You used to pay for social media with your eyeballs. If you’re not paying for the product, you are the product” has long been a common refrain about the business of social media. But now, this free model of social media — subsidized by advertising — is under pressure.

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Don’t gamble with your identity verification practices

CIO Business Intelligence

But casino gaming companies MGM Resorts International and Caesars Entertainment were caught short in this area in recent weeks by hackers using identity-based and social engineering attacks that spoofed identity to gain access to secure systems. According to reports, MGM and Caesars were both customers of identity management company Okta.

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2022 World Password Day: Educate Your Users About Good Password Hygiene

SecureWorld News

Research for the "2022 State of the Phish" report from Proofpoint found that only 30% of working adults use a unique password for each account. Less than two-thirds (60%) of working adults surveyed for the "2022 State of the Phish" report said their home Wi-Fi network is password-protected. That includes the names of your pets!)

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Microsoft’s ‘Verified ID’ will confirm that LinkedIn members actually work where they say they do

GeekWire

The new verified identity service is a notable integration between the business social network and the company’s Security, Compliance, Identity, and Management group, which has been led by former Amazon Web Services executive Charlie Bell since late 2021. When complete, the employment verification will appear on their LinkedIn profiles.

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Customer Passwords are a Target for Cybercriminals: How to Address the Threat

CIO Business Intelligence

However, cybercriminals commonly take the path of least resistance, and organizations’ reliance on password-based authentication provides numerous avenues of attack. Passwords are known to be a weak form of authentication, and the widespread use of weak and reused passwords puts companies and their customers at risk.

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Moving beyond usernames and passwords

CIO Business Intelligence

In recent months, you may have noticed an uptick in two-factor and multi-factor authentication prompts, which are being used to verify consumer and business accounts. The ITRC stats also show that in Q1 2022 alone, nearly half (154 of 367) of data breach notices didn’t include the nature of the breach and were designated “‘unknown”.

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Google Takes Legal Action Against CryptBot Malware Distributors

SecureWorld News

Google has obtained a temporary court order to disrupt the distribution of CryptBot, a Windows-based information-stealing malware that has infected more than 670,000 computers in 2022. The harvested data is then sold to other attackers for use in data breach campaigns.

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