The Rise of BEC, SaaS Application Attacks & Credential Compromise

In this video, cybersecurity experts Chip Buck and Craig Riddell discuss the rise of business email compromises, SaaS application attacks, and credential compromises. They explore the complexities of identity sprawl, the importance of identity governance, and the challenges of maintaining robust cybersecurity practices in the cloud environment. The conversation sheds light on the evolving threat landscape, emphasizing the need for effective communication between MSPs and their clients to enhance security measures and protect critical business data.

• The majority of security incidents in enterprises are related to compromised credentials, and there’s a need for strong identity governance and access control policies to prevent such incidents.
• Misconfiguration in cloud services is a significant security risk, often more so than credential theft, highlighting the need for proper configuration management and oversight.
• The shift to cloud computing has increased the complexity of security management, requiring decentralized cybersecurity practices and a focus on identity and access management.