Are Your Company's Credentials Secure?
Every day, countless pieces of sensitive information, including email addresses and passwords are leaked onto the dark web, potentially exposing your business to significant risks. Here’s how products like DarkWebID and Passportal can help safeguard the risk of your data being compromised.
The Challenge of Password Management
Most of us have multiple passwords to manage. From retail websites and other online services to email and social media, the amount of login details we have to juggle seems to grow by the day. Researchers at Nordpass found the average person is expected to remember 100 passwords. That’s 100 opportunities per person for hackers to expose your information on the dark web.
How Does the Dark Web Operate?
The dark web is a part of the internet that isn’t indexed by standard search engines and can only be accessed through special software like the TOR browser. It's often used for anonymity but unfortunately also serves as a marketplace for stolen data and illicit activities. Cybercriminals use the dark web to buy and sell stolen passwords, which they can then use to hack other accounts, especially if the same passwords are reused across multiple websites.
Incidence of Data on the Dark Web
The prevalence of data on the dark web is alarming. In New Zealand alone, the last year has seen significant breaches. For instance, in March this year MediaWorks experienced a severe data breach where a hacker accessed data of approximately 2.4 million people, including their emails and passwords, and started targeting individuals for extortion. Such breaches highlight the critical need for services like DarkWebID.
What is DarkWebID?
DarkWebID is a sophisticated monitoring tool that helps businesses protect their online credentials 24/7. This service uses both human expertise and advanced machine technology to monitor and analyse your business’s and employees' credentials—including email addresses, domain details, and IP addresses—across dark web markets, data dumps, and forums.
If your passwords are leaked, DarkWebID alerts you quickly, allowing you to act before cybercriminals can use this information to cause harm. This proactive monitoring is crucial because once your data is compromised, the chances of it being sold or misused on the dark web increase dramatically. To be able to maintain multiple secure passwords you will also need a robust password management tool. That’s where Passportal comes in.
One password to rule them all…
Passportal simplifies secure password management by generating unique passwords for each site and securely storing them under one unique master password. The master password requires two factor authentication and is secure against hacking.
This approach not only enhances security but also streamlines the process of managing access across various platforms.
Setting up Passportal for your business is straightforward. It ensures that all staff members consistently use it for both work-related and personal logins accessed on company devices. This universal application is crucial as it guards against the multiple entry points cybercriminals often exploit in targeted attacks.
Passportal also makes it easier for you to centralise MFA (Multi Factor Authentication). MFA is the gold standard of Password protection.
MFA The ultimate safety net
MFA essentially means you have an additional security step to prove who you are beyond just providing a username and password to log into an account. This could mean authentication via a mobile phone, a USB-based security key, or an authentication app. It’s a simple step, but it makes accessing your data exponentially more difficult for anyone who isn’t authorised.
MFA is enforced globally for Passportal - Each client has its own ability to configure their own individual preferences. So you can generate those TOTP (Time based One Time Password) tokens.
Without a robust tool like Passportal, businesses might find their staff turning to less secure, free password management solutions—or worse, not using any system at all. This lack of adequate password security is a significant vulnerability, potentially exposing your company's systems and data to cyber threats.
Passportal makes password protection for your team a safe, complaint and effective process.
“Knowing that all our staff are using secured and managed passwords across every platform provides us with assurance that we are keeping our credentials safe,
"Additionally, with DarkWebID's proactive monitoring, we are instantly alerted if any of our credentials are compromised. It’s reassuring to know that our internal controls are as robust as they can be, protecting us against potential cyber threats before they can do harm.”
Natasha Gallardo, Chief Executive National Foundation for Deaf & Hard of Hearing
Protect Your Business Today
If you're concerned about your business’s online security, now is the time to act. Think Concepts offers both DarkWebID and Passportal to ensure your company's credentials are monitored and managed with the highest security standards.
Curious if your credentials are on the dark web?
Reach out to us for a complimentary domain search report. This will reveal whether your emails have been compromised and identify any passwords that have been exposed. Understanding your security status is the first step towards strengthening your defences.
Don’t wait for a security breach to occur; proactive protection is essential for maintaining your business’s integrity and ensuring the trust of your customers. Contact Think Concepts today to explore how we can help secure your business’s digital footprint and keep cybercriminals at bay.