Integration of Venafi’s control plane for machine identity management into Tanzu Service Mesh makes it easier to enable multi-cloud, multi-cluster security.

Venafi has released its predictions for the cybersecurity landscape in 2023, indicating that this will be one the most challenging years yet for the industry.

The Venafi Control Plane unifies machine identity management across all identity types; in data centres, cloud, hybrid environments and at the edge.

According to new Venafi research, complexity is due to increase, as companies plan to host more applications in the cloud.

Venafi has announced the findings of new research that evaluates the security impact of the increasing number of nation-state attacks and recent shifts in geopolitics.

Nearly two-thirds suspect their organisation has been either directly targeted or impacted by a nation-state cyberattack.

A new study from Venafi has found 82% of CIOS say their organisations are vulnerable to cyberattacks targeting software supply chains. 

“We can’t solve this problem using existing methodologies. Instead, we need to think differently about the identity and integrity of the code we are building."

A significant amount of today's business and leisure activity relies on IT supply chains. From complex international freight trades to local small business distribution channels, any supply chain that involves IT infrastructure serves as a crucial tool in our daily lives. 

New research has found extortion continues even if a ransom is paid, while CISOs are under increasing pressure.

"Unfortunately, our research shows that while most organisations are extremely concerned about ransomware, they also have a false sense of security about their ability to prevent these devastating attacks."

There is a glaring disconnect between executive concern and executive action when it comes to guarding against SolarWinds-style supply chain attacks.

IT security professionals and developers aren’t completely confident in their ability to defend against another SolarWinds/Codecov-style supply chain attack.

The report credits Reveal Group’s positioning as a ‘boutique’ RPA firm.

Venafi, the provider of machine identity management, finds that malware attacks using machine identities doubled from 2018 to 2019, including high-profile campaigns such as: TrickBot, Skidmap, Kerberods and CryptoSink.

"Machine identity capabilities have become commoditised and are being added to off-the-shelf malware, making it more sophisticated and harder to detect."

Organisations worldwide could recover a collective total of between US$51 billion to as much as US$72 billion just by repairing their poorly protected machine identities.

These mistakes increase security risks and negatively impact the reliability and availability of business-critical network resources, Venafi has found.