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Threat Alert! Amazon Alexa “One-Click” Attack Could Jeopardize Personal Data

Amazon Sidewalk

The researchers from Check Point discovered critical security flaws in Amazon’s Alexa virtual assistant platform that could allow threat actors to obtain users’ personal information or spy on user activities remotely by tricking them into clicking a malicious link. They found several web application flaws on Amazon Alexa subdomains, including a cross-site scripting (XSS) flaw and cross-origin resource sharing (CORS) misconfiguration.

“These exploits could have allowed an attacker to remove/install skills on the targeted victim’s Alexa account, access their voice history and acquire personal information through skill interaction when the user invokes the installed skill,” researchers said.

The vulnerabilities would allow attackers to perform malicious activities like:

  • Stealthily install skills (apps) on a user’s Alexa account
  • Get a list of all installed skills on the user Alexa account
  • Remove an installed skill without the user’s knowledge
  • Get the victim’s voice history with their Alexa
  • Get the victim’s personal information

One-Click Alexa Attack

  • The user clicks on a malicious link that directs them to amazon.com where the attacker has code-injection capability.
  • The attacker sends a new Ajax request with the user’s cookies to amazon.com/app/secure/your-skills-page and gets a list of all installed skills on the Alexa account and the CSRF token in the response.
  • The attacker uses the CSRF token to remove one common skill form the list we received in the previous step.
  • Then, the attacker installs a skill with the same invocation phrase as the deleted skill.
  • Once the user tries to use the invocation phrase, they will trigger the attacker skill.

Successful exploitation of vulnerabilities would have required the victim to just click on the Amazon link specially crafted by the threat actor. However, Amazon patched all the vulnerabilities after Check Point researchers disclosed their findings to the company.

“Amazon does not record your banking login credentials, but your interactions are recorded, and since we have access to the chat history, we can access the victim’s interaction with the bank skill and get their data history. We can also get usernames and phone numbers, depending on the skills installed on the user’s Alexa account,” researchers added.

Virtual assistants are used to control IoT devices like lights, A/C, entertainment, and other connected devices in a smart home. The proliferation of connected devices in consumer, enterprise, and healthcare organizations, and their internal vulnerabilities, have created a security blind spot for cybercriminals. With basic security measures and regular updates, connected devices can be secured against any intrusions.

 

Researchers Issue a Red Flag for RedCurl APT Group

red flag

The researchers at Group-IB, a Singapore-based cybersecurity company, have found that a Russian-speaking APT group, RedCurl, has been sniffing through the corporate networks since May 2018 and stealing insider information like employee data and company trade and financial secrets. The RedCurl operators have precisely targeted 26 organizations worldwide and are likely to spread its outreach in the near future.

 Key Highlights 

  • RedCurl is a Russian-speaking APT Group.
  • It has conducted 26 targeted attacks on commercial organizations, out of which 14 were successful.
  • Its targets are spread across multiple fields including construction, finance, consulting, retail, banking, insurance, law, and travel.
  • The targeted companies are located in Russia, Ukraine, the U.K., Germany, Canada, and Norway.
  • It uses phishing and spear-phishing campaigns for the spread.
  • Its operators use PowerShell script to go undetected against legacy security solutions.
  • The attackers used legitimate cloud storage services like Cloudme, koofr.net, pcloud.com, etc. for communicating with the victim’s infrastructure.
redcurl apt group
Image Credit: Group-iB

The Use of Phishing and Spear-Phishing Tact

Initially, the hacker group carried out extensive research about their targets and drafted a well-written phishing email posing as the target company’s HR staff. They sent emails to multiple employees in the same department, which made them less vigilant. For example, the employees would receive the same email of annual bonuses.

The attackers gave special attention while drafting the spear-phishing email content. The emails had legitimate-looking company addresses and logos and featured the sender address in the company’s domain name.

Delivering Through the Cloud

RedCurl operators also strategically placed the malicious links to its payloads in the emails. They used archives, which directed their potential victims to legitimate cloud storage software like Cloudme, koofr.net, pcloud.com, etc., making them believe that they were opening a legitimate file containing information about the annual bonus breakdown. On clicking the link, it would download a Trojan downloader on the victim’s network called RedCurl.Dropper (hence the name). Any person trying to open this file would initiate the malware installation, which in turn would drop other payloads to search the network and exfiltrate data from all types of files and folders back to the cloud.

What needs to be noticed is how the hackers used cloud technology for infection and exfiltration instead of the traditional CnC/2C (command and control) server. This shows that the threat vectors are evolving and cybercriminals are getting smarter by the day. What will be interesting is to see how the defenders evolve.

Attention Bug Hunters! FireEye’s Private Bug Bounty Program Goes Public

Sardonic, BitMart

Cybersecurity company FireEye, announced that it is making its private bug bounty program public, with a focus on business applications and corporate infrastructure security. The company stated the bug hunting event is open to all security researchers and ethical hackers who are willing to find vulnerabilities in FireEye’s services and domains including fireeye.com, fireeye.market.com, verodin.com, isightpartners.com, cloudvisory.com, fireeyecloud.com, and mandiant.com.

We provide the public research community the opportunity to engage, report, and receive credit for their work. While engaging with us, we ask that reporters honor responsible disclosure principles and processes and give FireEye an opportunity to evaluate, respond, and if necessary, remediate any confirmed security vulnerabilities prior to public disclosure

                          – FireEye  

The bug hunting event, which will run via the Bugcrowd platform, will pay a bounty of $50 to $2,500 depending on the severity of the bugs discovered. In addition, FireEye also asked researchers to submit their vulnerability reports to the FireEye Responsible Disclosure program, if they are not willing to be compensated for their bugs discovery.

Bounty Range

“We understand that — despite our best efforts — we cannot eradicate all security vulnerabilities. The technology landscape is constantly expanding, and as such, there will always be emerging threats. While we have been heavily involved with responsible disclosure, including helping other companies set up and modify their own programs, we are taking the next step in this effort,” FireEye added.

Organizations usually conduct bug bounties to find potential vulnerabilities in their network systems or products, which can be fixed before attackers exploit them. The bug bounties offer fiscal rewards to ethical hackers for finding technical flaws, making it a win-win situation for both. The bug hunting programs also ensure that an organization is continually improving its security posture.

Big Rewards for Bug Hunters

Microsoft recently announced its bug bounty program, The Azure Sphere Research Challenge, which offers security researchers up to $100,000 bounty to break into its Azure Sphere Linux IoT OS platform and discover vulnerabilities. The duration of the Azure Sphere Research Challenge is three months (from June 1 to August 31, 2020), and security researchers are required to execute codes on Azure Pluton and Azure Secure World. Earlier, the tech giant paid around $4.4 million to researchers as bug bounties at the Black Hat USA 2019 security event in Las Vegas.

 

LANDSCAPE: Be a Part of the Change

APAC Sponsor Banners PR

Mumbai, India – Aug 7, 2020: EC-Council’s CISO MAG is proud to announce The APAC CISO Summit, themed ‘Cybersecurity in a Hyperconnected Ecosystem,’ on August 27, 2020, from 10:25 am to 14:30 pm SGT.

This year, CISO MAG has brought the essence of their physical events to a virtual domain, keeping up with the changing times.

Data breaches and cyberattacks are anticipated to increase in the due course of time as computer networks expand and organizations resort to long term work from home practices. With the Asian Professional Security Association as a Community Partner, the Summit has been planned to raise awareness on investing in innovations, to survive and sustain continuity across the region’s business intensive digital ecosystems.

With remote working, video chats and collaboration channels becoming the new normal, we are truly heading towards a world without borders.

The Summit will highlight strategies for futureproofing the digital business community in the times of a pandemic.

The deliberation aims to explore ways to mitigate the potential damages by throwing light on fraud detection and why it is imperative to Asia’s digital banking revolution. Proficient experts will offer exceptional insights to improve security posture and mitigate financial and brand damages.

The high-profile cyber breaches in the recent past have been proof that organizations not only incur significant financial losses but also face damaged market repute and customer loyalty. Security leaders will deliver practical security insights to enhance supplier and third-party risk management.

The Summit will also feature discussions on dynamic cybersecurity integration and zero trust architecture.

Eminent security maestros like Vinit Goenka, Ministry of Railways, Government of India, Author, Member-Governing Council – Centre for Railway Information Systems; Chia Hock Lai, Founding President, Singapore FinTech Association; Ts. Saiful Bakhtiar Osman, Head of Information Communication and Technology, Malaysian Aviation Commission; Namrata Jolly, Senior Advisor, pinBox Solutions, Singapore; Aman Dhingra, Associate Partner, McKinsey & Company Singapore and many more are scheduled to present their ideas to tackle the changing APAC security terrain.

Top infosec professionals and decision-makers from Singapore, Malaysia, Indonesia, Philippines, Thailand, Vietnam are expected to gather at the Summit.

With 2,00,000+ combined readership reach of EC- Council and CISO MAG, the Summit presents an excellent opportunity for brands to market their products, increase visibility and create new business opportunities by connecting with a highly motivated target audience.

Sponsors and partners will get a dedicated platform to reach out to the cyber-community through live interactive activities during the event, website and social media promotions, various event listings, press releases and other marketing collaterals.

Sponsorship opportunities can be explored by writing to [email protected]

You can interact and engage with APAC security pioneers during the Summit by registering here.

Additional details on the APAC CISO Summit are available at https://events.cisomag.com/APAC-CISO-Forum.html

About CISO MAG:  

CISO MAG, an EC-Council initiative, is a publication delivering cutting-edge updates about the latest happenings in the cybersecurity world. It is a handbook for CISOs, CXOs, and every responsible stakeholder of a secure Internet space. CISO MAG also presents a platform to reach out to the cybersecurity professionals across the globe through its Summits and Awards and Power List surveys. Learn more at https://cisomag.com/

About EC-Council:

International Council of E-Commerce Consultants, also known as EC-Council, is the world’s largest cybersecurity technical certification body. We operate in 145 countries globally and are the owner as well as developer of the world-renowned Certified Ethical Hacker (C|EH), Computer Hacking Forensics Investigator (C|HFI), Certified Security Analyst (ECSA), License Penetration Testing (Practical) programs, among others. Our certification programs are recognized globally and have received endorsements from various government agencies including the US Federal Government via the Montgomery GI Bill, the US Government National Security Agency (NSA), the Committee on National Security Systems (CNSS) and most recently EC-Council has received accreditation from the American National Standards Institute (ANSI). Learn more at https://www.eccouncil.org.

How to Leverage a Contact-free Authentication Solution for the Workforce

hybrid workforce

Employees face a challenge daily, actually multiple times per day, having to access multiple systems and applications throughout the day to do their job. They have to unlock their Windows desktop, log into internal and external web resources and apps, access a Unix server, the employer’s VPN technology, or even a facility. And, often, they are not using single sign-on, so each system and application requires different credentials for authentication.

By Michael Engle, Chief Strategy Officer, 1Kosmos, and Nick Roquefort-Villeneuve, Director of Marketing, 1Kosmos

Three Workforce Authentication Challenges

1. Leveraging Passwords

Some employees have no problem remembering different usernames and passwords.  And then some specify it incorrectly three tries, before they’re locked out,  and then they start speed dialing the Helpdesk. And a few choose to rely on the good old post-it note they stick on their monitor, openly and publicly.

To make matters worse, IT departments insist on complex formats for passwords: between eight and sixteen characters long with at least one uppercase letter, one number, and one special character. How is anyone going to memorize that type of password? Moreover, IT also enforces a password change every 30 or 60 days. For many folks, those requirements compounded by multiple systems can be overwhelming, resulting in a proliferation of the infamous post-it notes and Help Desk calls. To get round this challenge, some use the same password for multiple logins or services.

This ecosystem creates inefficiencies, such as loss of productivity and increased costs. Did you know, for example, that replacing one password can cost up to $70? Yes, that’s what it can cost in human capital and machine resources to handle one password reset request!

2. Leveraging 2FA and MFA Solutions

To avoid accounts from being compromised because a password was accidentally “stolen” and to strengthen the level of user authentication, many organizations have implemented two-factor authentication (2FA) or even multi-factor authentication solutions. That’s when you submit your username and password, and then you receive, for example, a text message prompting you to enter a code online.

Those solutions certainly make it slightly harder to compromise an account, however, they’re not foolproof. Ultimately, any hacker can steal a username, a password, and a mobile number stored inside a company’s centralized system. There are also MFA solutions that necessitate a piece of hardware like a security key (a hardware token like Google Titan), but that comes at a cost:  Pay for each physical token and allocate resources for the hardware’s maintenance. The security key can also be lost or stolen.

3. Leveraging Some Passwordless Solutions

To mitigate the risks MFA solutions incur, biometrics have been added into the mix. This is what passwordless applications offer with the following biometric features:  Touch ID, Face ID, or the more advanced iris recognition. A login page, a QR code to scan from a mobile application, a biometric-based authentication, and the employee is in. No more username and password needed! The mobile phone is something the employee has, and the biometric data is something the employee is. The problems with those solutions are high implementation costs and heavy data storage. For example, facial recognition requires top-quality cameras and advanced software to ensure accuracy and speed. Moreover, the high-quality images required for facial recognition take up a significant amount of storage.

So, is there an alternative?

Workforce Authentication Best Practices

A robust contact-free authentication solution for the workforce should focus on identity proofing and therefore be built on three identity pillars: Enrolling, authenticating and verifiable credentials. Each pillar needs to interact with one another to ensure that identity remains the number one priority. This is the core architecture of the BlockID platform.

1. Enrolling with Claim Triangulation

An employee’s enrollment should consist of triangulating a given claim with a multitude of company or government-issued documents and sources of truth, including advanced biometrics.

For example, by enrolling an employee’s driver’s license and passport (government-issued documents), we are able to verify, in real-time, the validity of each document by querying the proper databases (sources of truth) and triangulate several claims (first and last name, address, date of birth, photos) simultaneously, prior to adding an extra source of truth to our ID proofing process: a liveness test. The liveness test is performed to verify if the biometric traits of the employee are from a living person rather than an artificial or lifeless person.

We leverage more sources of validation, such as passport chips to validate the fact that the passport scanned during the enrollment process matches digitally signed data. We can also introduce credit cards, bank accounts or loyalty programs, among others, to reach the highest level of identity assurance per the NIST 800-63-3 guidelines, or IAL3.

2. Authenticating

BlockID uses advanced biometric authentication as a security process that relies solely on the unique biological characteristics of the employee to verify that he is who he says he is. Our advanced biometric authentication technology, using a liveness test, compares biometric data capture to stored, confirmed factual data in the BlockID Blockchain Ecosystem. A liveness test offers the added benefit of requiring users to capture a live video of themselves, which has a frightening effect on criminals who’d rather not share their face with the company they are targeting.

The BlockID authentication process reaches the highest level of authentication assurance per the NIST 800-63-3 guidelines, or AAL3.

3. Verifiable Credentials

The verification process leverages the attributes BlockID triangulates during the enrollment phase as well as verifiable credentials (in their digital form) that users can share with third parties and with explicit consent.

A verifiable credential is a credential that was issued by a trusted authority for, and only for, the user. It is a tamper-evident credential based on W3C standards and has authorship that can be cryptographically verified. Schematically, issuers create verifiable credentials, users can store some of them, and verifiers ask for proof-based upon them. When identity needs to be confirmed, the user chooses those credentials that must be verified.

The BlockID verification process eliminates all tedious back-and-forth communication between verifiers and issuers, since the verifier no longer has to contact the issuer to confirm the credential, thus reducing data verification costs in the process. This mechanism infers that the user remains in control and keeps ownership over his or her identity, by electing what they want to disclose, and to whom they wish to disclose it.

4. Employee Data Stored Encrypted in a Decentralized Ledger

BlockID leverages the BlockID Private Blockchain Ecosystem to store employees’ encrypted data. The benefits of using a decentralized system are multiple, from being virtually uncompromisable to initiating peer-to-peer transactions while ensuring the immutability of the data stored. Such a system promotes transparency and consequently creates trust between employers and their employees who need to access corporate systems and applications. Employees own their data and choose to share only the information that is required to access a specific solution. And it is W3C compliant.

Conclusion

BlockID is the next generation contact-free authentication solution for the workforce that leverages advanced biometrics and distributed ledger technology. The application unifies physical and logical access, allowing all employees to use a single smartphone app for all kinds of accesses, whether it is to enter a highly secure data center through a mantrap, to log into Unix or Salesforce or to unlock a workstation without connectivity.


ADVERTORIAL

About the Authors

Michael Engle Michael Engle is the Chief Strategy Officer at 1Kosmos. He is a seasoned information technology executive, leader, and entrepreneur. Engle is an expert in information security, business development and product design/development. He has experience running large teams and multi-million-dollar projects for a Fortune-100 bank as well as working with startups that need to set direction and go from “zero to one” as it is now commonly called. As a co-founder of Bastille Networks, he helped raise over $40 million in VC to create a powerhouse in the RF security sector. As a Senior VP at Lehman Brothers, Engle was instrumental in designing and implementing the bank’s security program.

Nicolas Roquefort-VilleneuveNicolas Roquefort-Villeneuve, a French and American bi-national, is the Director of Marketing at 1Kosmos. He is an influential technology and communication marketing executive and an entrepreneur at heart. Roquefort-Villeneuve has 22 years of marketing experience with Fortune 100 companies (Mattel, E*Trade), startups, and as an independent consultant. He is also an award-winning documentary filmmaker. In the last three years, Roquefort-Villeneuve has become an expert in marketing new technologies such as Blockchain. He has earned a MSc in Econometrics from the Université Paris 1 and an MBA from the University of San Francisco.

Disclaimer

CISO MAG did not evaluate/test the products mentioned in this article. The facts, opinions, and language in the article are entirely those expressed by the authors and do not reflect the views of CISO MAG.  

Only 7 in 10 Organizations are Concerned About Cloud Security: Report

cloud, cloud security

A latest research by cybersecurity solutions provider Check Point highlighted the issues faced by security professionals in maintaining data and workloads in their public cloud deployments. The research “The Global 2020 Cloud Security Report” revealed that public cloud security remains the major concern for organizations, with 75% of respondents stating that they are “very concerned” or “extremely concerned” about it. Nearly 68% said their organizations uses two or more different public cloud providers.

Biggest Cloud Security Concerns

According to the research, the top cloud security challenges are about data loss (69% – up five percentage points since last year) and data privacy/confidentiality (66% – up four percentage points), followed by accidental exposure of credentials and incident response (44%).

Image Source: Check Point

Cloud Provider Preferences

The three biggest cloud service providers, according to the research include are Amazon web services (AWS), Microsoft Azure, and Google Cloud Platform.

Image Source: Check Point

Research Highlights

  • Among the key barriers toward cloud adoption are lack of qualified staff (37%) up from the fifth spot on last year’s survey.
  • When selecting a cloud security provider, most organizations look at cost-effectiveness (63%), ease of deployment (53%), and that the security tools are cloud-native (52%).
  • When asked what criteria organizations consider most important when evaluating a cloud security solution, they prioritize product features (66%), cost (65%), and vendor experience (55%) as the most important considerations.
  • Organizations rely on multi-cloud solutions with most organizations deploying more than three cloud solutions in their environment.
  • 82% said their traditional security solutions either don’t work at all, or only provide limited functions in cloud environments, up from 66% percent in 2019 – highlighting an increase in cloud security issues over the past 12 months.
  • Nearly 60% of organizations expect their cloud security budget to increase over the next twelve months. On average, organizations allocate 27% of their security budget to cloud security.
  • A majority of 59% said it is likely to very likely that they will deploy a new cloud security solution within the next 12 months.

The findings are based on the responses of 653 cybersecurity professionals surveyed in July 2020 to uncover how cloud user organizations are responding to security threats in the cloud environment.

 

89% CIOs Believe Cybersecurity is Top Priority for the Rest of 2020

Global Cybersecurity Outlook 2022,Cybersecurity, CEO, CISO

At the beginning of the year, the majority of businesses decide upon their budgets and spending options based on factors such as the previous year’s profits and trends, future expansion and scalability plans, expert forecasts, and many more. However, these budgets and business forecasts did not anticipate a pandemic this year, which brought things to a grinding halt. A lot has changed over the past six months, thus, Hitachi ID in collaboration with Pulse conducted a survey to find the shift in priorities of CIOs and IT heads from 131 companies worldwide. Out of these, 70% believed that long-term IT priorities have changed since the start of the year and that cybersecurity is now a top priority of their company for the remainder of 2020.

cybersecurity a top priority
Image source: Hitachi ID

 Key Highlights 

  • Hitachi ID and Pulse together conducted a survey called “Top IT Budget Priorities Through 2020.” 
  • 89% and 82% of the respondents believe that cybersecurity remote support are the top two priorities of their companies for the rest of 2020.
  • 86% of CIOs are looking forward to improving security standards across their business environment.
  • 43% of CIOs are investing in identity and access management tools.
  • 67% of the surveyed individuals are now willing to invest in emerging technologies due to the pandemic’s impact.

Why Cybersecurity is Emerging as a Top Priority

With the majority of the workforce still working in a distributed home environment and no signs of an immediate return to the office spaces post-COVID, coupled with the vulnerability that the fragmented workforce poses to business and network security, global CIOs are rooting to beef up their cybersecurity measures at the earliest. This is not just a temporary shift, in fact, 87% of IT leaders are wanting to increase their security by investing in emerging technologies for the long haul.

cybersecurity a top priority
Image source: Hitachi ID

In another interesting revelation, the CIOs prioritized identity and access management over endpoint security and security awareness training to its employees stating that it is a must for a long-term security posture.

cybersecurity a top priority
Image source: Hitachi ID

The survey also highlighted that security technologies based on AI and ML are hot favorites among CIOs with nearly 71% wanting to implement them. Karl Mosgofian, CIO, Gainsight, said, “The trend toward AI/ML in security has been accelerated by the current situation. In addition, some “old school” technologies like VDI and VPN are getting a lot more attention as circumstances have made office network security less relevant. However, the key to effective AI is structured learning. Just turning an algorithm loose against a dataset may not yield much, but with the combination of AI, human intelligence, and understanding, it’s amazing what we can achieve.”

Unsecured Database Exposes 5.5 Mn Records of Multiple Organizations

Data breach in 100 U.S. cities

Inadvertent database exposure continues to be a major risk for organizations. Security professionals are concerned about their database security as employees are now working remotely. Security researchers Noam Rotem and Ran Locar from vpnMentor uncovered an unsecured AWS S3 bucket containing over 5.5 million files (around 343GB in size) exposed online.

Multiple Organizations’ Data at Risk

The researchers stated that the major data in the server belongs to a U.S.-based project management firm InMotionNow. The other organizations whose data was found in the unsecured S3 bucket include: Universities like Kent State in Ohio and Purdue in Indiana, cybersecurity firm ISC2.org, insurance company Brotherhood Mutual, Potawatomi Hotel & Casino in Milwaukee, public limited companies like Zagg & Myriad Genetics, and a non-profit organization Freedom Forum Institute.

Information Exposed

According to vpnMentor researchers, the exposed data included analytics reports, internal presentations like company strategy, annual revenue amounts, and current customer count; training materials, internal client requests like requester name, project name and details; marketing strategies and collateral, product labels; and business intelligence reports. In addition, the database also exposed email addresses and mailing lists with relevant personally identifiable information (PII) related to universities including full names, donation amounts, physical addresses, contact details, and the credentials of donors.

The leaky database was secured after vpnMentor notified all the organizations affected in the security incident.

How to Secure an Open S3 Bucket

vpnMentor researchers also recommended some basic security measures to protect the S3 bucket. These include:

  • Make the bucket private and add authentication protocols
  • Follow AWS access and authentication best practices
  • Add more layers of protection to the S3 bucket to further restrict who can access it from every point of entry

“It is important to note that open, publicly viewable S3 buckets are not a flaw of AWS. They’re usually the result of an error by the owner of the bucket,” the researchers said.

Misconfigurations Increase Data Leaks

A cloud security survey by cybersecurity firm Sophos revealed that 70% of organizations suffered at least one public cloud security breach in 2019, with misconfigurations exploited in 66% of reported attacks. The survey report titled “The State of Cloud Security 2020” stated that 50% of organizations that use multi-cloud environments are more likely to suffer a cloud security incident than those using a single cloud. Besides, 33% of organizations reported that attackers gained access through stolen cloud provider account credentials.  A quarter of organizations stated that managing access to cloud accounts is a primary concern to them. Nearly 96% of respondents admitted that they face issues with their current level of cloud security, while 44% of respondents reported data breaches are the top security concern. Only 1 in 4 respondents stated lack of staff expertise as a top concern.

 

APAC Consumers Overlook Data Security in Favor of Seamless User Experiences

Experian API Flaw

A research from cybersecurity firm F5 revealed that 96% of users in the Asia Pacific would prefer to choose convenience or seamless application experiences over data security. The research report “Curve of Convenience 2020 Report: The Privacy-Convenience Paradox” stated that 43% of consumers expect businesses to protect their information, and 32% believe it is the government’s responsibility.

The report stressed that businesses should involve consumers in their security processes to curb cyberthreats. If users are provided with the right information, they will be more vigilant when sharing their sensitive information.

Research Highlights

  • Most Asia Pacific consumers assign security responsibilities to businesses and governments. Only 25% of respondents believe it is the users’ responsibility to protect their own data.
  • 69% of users, on average, are choosing to give up their privacy to gain better experiences. Respondents from China (82%), India (79%) and Indonesia (79%) are most willing to share their data, with respondents from Japan (43%), Australia (50%), and Singapore (58%) being the least likely to trade data for more seamless experiences.
  • Over a quarter of users are unaware of breaches. 27% of respondents indicated that they were not even aware of the breaches despite hacks that affected government bodies or high-use applications.
  • Today’s users frequently choose frictionless experiences over security, but they still expect the organizations to safeguard their data. Only 4 % of respondents stopped using an application as a result of a breach, however, their trust in an organization’s abilities to protect their data is waning across the board—with social media companies witnessing the steepest drop in trust by 19 percentage points.

Adam Judd, Senior Vice President, Asia Pacific, China, and Japan, at F5, said, “To truly integrate convenience and security, businesses should proactively involve consumers across the development of the applications, not only at the end. This is especially the case in an age where both application consumption and security vulnerabilities are multiplying by the day. Partnering with consumers means that the industry can thrive, and businesses, together with their digital partners, can create better solutions that deliver seamless yet secure experiences, any time, all the time. Ultimately, showing users what’s at stake will help them feel that they should be invested in their own protection.”

Online banking, entertainment, shopping, and food delivery applications have become primary means of accessing goods and services amid the pandemic and remote working.  It is a critical time for businesses to stay vigilant and secure their customer and organizational data.