In an era where cyber threats are becoming increasingly sophisticated, Token’s biometric multifactor authentication (MFA) smart ring stands out as a beacon of innovation. Recently, this groundbreaking device earned a prestigious spot in the Science and Technology category of Fast Company's 2024 World Changing Ideas Awards. With over 1,300 global entries vying for recognition, Token's achievement is a testament to its transformative impact on cybersecurity.

Watch Webinar In today's rapidly evolving cyber landscape, identity security is more critical than ever. As organizations face growing threats like data breaches and ransomware attacks, the role of identity and access management (IAM) has never been more vital. In a recent webinar, "The Increasing Importance of Identity Security in the Era of the Mega Breach," John Gunn, CEO of Token, and Jon Lehtinen, Senior Director of Security at Okta, shared their insights on the current state of identity security, key trends driving these threats, and practical steps for organizations to enhance their defenses.

In a landscape where cybersecurity threats are ever-present, informed awareness is key. To support this need for ongoing education, we're making available a notable article from the Harvard Business Review, "The Devastating Business Impacts of a Cyber Breach," as a complimentary resource.

Webcast Recording As we step into 2026, the cybersecurity landscape presents new challenges and evolving threats. In a recent webcast with Wolfgang Goerlich, Advisory CISO at Cisco, we delved into the crucial task of prioritizing cybersecurity initiatives for the year. This conversation highlighted the need for strategic planning in AI integration, combating phishing, navigating regulatory changes, and securing adequate budgets.

Cyber incidents and losses escalate every year and the impact on every organization can range from significant to crippling. With the average cost from a data breach in the U.S. now approaching $10 million and losses in market value for victim companies sometimes exceeding $100 million, it was time for the U.S. Securities and Exchange Commission (SEC) to introduce robust cybersecurity rules for public companies. This was an obvious necessity to protect investors and the integrity of U.S. securities markets. As a C-level executive or person with responsibility for cybersecurity, understanding these rules is crucial for remining in compliance with the new regulations, maintaining a strong security posture, and the financial health of your organization.

2023 marks a pivotal time in cybersecurity. The back and forth escalation between cybercriminals and security professionals has surpassed legacy MFA strategies, and each year the need for stronger authentication solutions becomes more clear. Losses to data breaches and ransomware attacks are at an all-time high, doubling the last two years in a row. The average loss reached $9.44 million per incident, and an increasing number of organizations do not survive a ransomware attack.

Webcast Recording The integration of generative AI into infrastructure security marks a significant shift in combating cyber threats. Two leaders in technology, Vishal Amin, General Manager of Defense Security Solutions at Microsoft and John Gunn, CEO of Token, shared their insights in a recent cybersecurity summit hosted by Cyber Security Summit. They discuss how this technology is revolutionizing the field. The following summarizes some of their thoughts on the profound impact of Generative AI on cybersecurity strategies and hacker tactics.

Introduction: The RSA Conference (RSAC) is one of the largest cybersecurity shows in the world, and the 2024 edition was no exception. With over 41,000 attendees from 130 countries, the conference showcased the latest trends and innovations in the ever-changing cybersecurity landscape. In this blog, we will provide an overview of the conference, key themes, and highlight some of the exhibitors that stood out during RSAC 2024.

Enterprise cybersecurity is becoming a losing proposition for everyone. Organizations today face an ever-increasing number of cyber threats, from system intrusions and phishing scams to ransomware attacks, web application attacks, and more. Any of these threats can result in serious damage to enterprise assets and irreversible loss of data, reputation, and intellectual property.

Cybercriminals pose a serious problem for all kinds of organizations today. Though the word may conjure images of shadowy figures behind keyboards, cybercrime is conducted by large, sophisticated criminal enterprises, often with sponsorship by state governments. Worse yet, these enterprises continue to expand their efforts. In 2023, ransomware attacks doubled again, and phishing emerged as the number one way in which threat actors attack organizations.

2022 will go down as the year when multi-factor authentication (MFA) failed. A record number of organizations of all types suffered attacks from malicious cyber criminals, and the losses totaled billions of dollars. Membership in the victims' club is skyrocketing with thousands more joining Uber, Cisco, Hanes Brands, and Rackspace to name of a few of the firms that were breached despite having great people, policies, and tools. In all of these instances, their legacy MFA was defeated. These incidents are hard evidence that legacy MFA is no longer effective against today’s sophisticated attacks.

A single cyberattack can be devastating for any business but even more so for smaller businesses. In 2021, 46% of data breaches impacted small and medium (SMB) businesses. In addition, the average cost of a single breach against SMBs increased from $101K in 2020 to $105K in 2021. In contrast, the average breach cost for larger enterprises fell between 2020 and 2021. It is incredibly difficult for small businesses to recover from a data breach and within a year of a data breach, more than half of small businesses fail.