Page 25 - Cyber Defense eMagazine September 2023

Figure 2 from the Ponemon Institute report

Notably, the human element remains a critical attack vector, and executives are often the preferred
targets due to their high-profile status. Cybercriminals have shifted their attention from corporate
networks to the softer targets of executives' home networks, where weak passwords and lax security
measures are more prevalent. High-profile incidents such as the 2022 data breaches at Twilio and Uber
serve as stark reminders of the potential consequences of inadequately securing personal digital assets.

Cybercriminals were able to gain access to sensitive company information at Twilio through a
sophisticated social engineering approach that involved phishing texts designed to bypass the two-factor
authentication (2FA) they used to protect their system. Similarly, bad actors were able to breach Uber’s
systems with a social engineering text attack in 2022. However, it is not enough to defend against social
engineering attacks — last year, criminals were able to enter Lastpass’s secure servers by remotely
accessing an engineer’s home computer through exploiting a weakness in a third-party software
package.

The BlackCloak Solution

BlackCloak has not only identified these vulnerabilities but has also developed a holistic solution to
counteract them. They created a service that provides the solution. Digital executive protection from
BlackCloak is a powerful, holistic approach to securing the private digital lives and assets of C-Suite
executives and other high profile individuals such as board members, senior and executive leadership
teams and other key personnel and their families from threats such as cyberattack, impersonation,
harassment, and identity theft.

Cyber Defense eMagazine – September 2023 Edition 25
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