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NEVER TRUST, ALWAYS VERIFY: EMBRACING A ZERO TRUST MINDSET
Steven Scheurmann, Regional Vice President, ASEAN, Palo Alto Networks, explores why passwords are failing to defend business-critical information.
The cyberthreat landscape is continuously transforming, posing significant risks to enterprises all over the board.
Today’ s attackers are using advanced tactics such as phishing, social engineering and brute force attacks to compromise critical information. As these threats become more sophisticated, the inadequacies of passwords are becoming even more apparent – passwords, once considered the first line of defence, are now often seen as the weakest link.
Passwords have long been fundamental to safeguarding business-critical information and financial data. However, their effectiveness is increasingly undermined by common user behaviours – such as reusing passwords across multiple sites or choosing
Passwords have long been fundamental to safeguarding business-critical information and financial data.
simple, easy-to-remember passwords that are also easy for attackers to crack.
The latest Unit 42 Incident Response Report uncovered a stark reality: in 2024, previously compromised credentials emerged as the third most used initial access vector by threat actors, surging four-fold from 4 % in 2021 to 16 %. The reliance on traditional passwords is, thus, leaving businesses increasingly vulnerable.
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