Tag: Kartik Shahani

Scott Caveza, Research Engineering Manager, Tenable

Comment on World Password Day from Kartik Shahani, Country Manager, Tenable

Cyber attacks are on the rise in India with the number of incidents increasing threefold in the last one year. Be it a major breach like SolarWinds or phishing and ransomware attacks, cybercriminals always take the easiest route to obtain privileged credentials. In many instances, phishing and ransomware scams hinge on procuring passwords and personally identifiable information. Maintaining basic cyber hygiene by adopting strong passwords and multi-factor authentication go a long way in thwarting cyber attacks.

“In today’s digital-everything world, so much of our lives are available online and accessible across multiple devices. We have grown accustomed to sharing our personal information online, sometimes without giving thought to the potential consequences.

“Personally identifiable information has become an attractive target for cybercriminals and unfortunately a password with your pet’s name isn’t going to protect you. Weak or predictable passwords are akin having a door with no hinges, a thief can get through. Far too many scams focused on tricking individuals to disclose their passwords have occurred in India and the negative consequences as a result cannot be understated.

“Rather than relying on passwords alone, add additional layers of security. Implement authentication methods [multi-factor authentication (MFA)], such as the use of biometrics or one time passcodes [OTPs]. This is simple and prevents identity theft and other cybercrimes.” – Kartik Shahani, Country Manager, Tenable

Intellectual property cyber security

Comment from Tenable- World Intellectual Property Day

In the age of speedy digitisation, cybercriminals have found lucrative ways to exploit security gaps, increasing the risk of intellectual property theft. Protecting intellectual property is therefore a key priority for organisations. Please find below a quote from Kartik Shahani, Country Manager, Tenable India commenting on World Intellectual Property Day (26 April 2021).

“Intellectual property is the lifeblood of every organisation which makes this information attractive and lucrative to cybercriminals. Yet, many organisations may underestimate the scope and depth of the threat. According to a Forrester study commissioned by Tenable one in four organisations in India suffered a business-impacting cyberattack that resulted in the theft of intellectual property.

“Protecting IP is crucial to safeguarding competitive advantage and differentiation. It’s therefore imperative that organisations in India establish basic cyber hygiene practices such as identifying critical risks and patching systems with common vulnerabilities. These recommendations make it harder for cybercriminals to be successful.”

Kartik Shahani, Country Manager, Tenable India.

Comment on Reserve Bank of India’s Framework for Digital Payments from Kartik Shahani, Country Manager, Tenable India

The Reserve Bank of India’s recent guidelines couldn’t have been more timely with the rise of digital payments and the demise of cash, driven by social distancing measures. As more users lean towards digital payment services, the chances of being exposed to cyber risk is high as each new service serves as a potential attack vector for cybercriminals. Effective cybersecurity management should be considered a cornerstone of trust to ensure both financial organisations and consumers can safely benefit from the opportunities in digital banking.

“Therefore, organisations cannot solely rely on outdated vulnerability management tools to detect threats in the modern attack surface. Their limited visibility into traditional IT environments causes security teams to completely miss any vulnerabilities that are present in the most dynamic aspects of the modern attack surface, including cloud, web apps, operational technology (OT) and container environments, where cybercriminals often scan to find the easiest way in.

“With over 18,000 vulnerabilities disclosed in 2020 alone, organisations need to cut through the noise and focus on the vulnerabilities that pose the most risk. Risk-based vulnerability management enables security teams to focus on what matters most, so as to make the best use of limited resources and stay ahead of adversaries.”– Kartik Shahani, Country Manager, Tenable India.