The Octopus Blog

FinTechTimes: Secret Double Octopus Secures Investment From Standard Chartered’s Fintech Investing Unit

By Secret Double Octopus Staff|October 21st, 2020|Categories: In the News|

Secret Double Octopus, a leader in Enterprise Passwordless Authentication, has announced that it secured a strategic investment from SC Ventures, the innovation, fintech investment and ventures arm of international banking group, Standard Chartered. SC Ventures joins a list of corporate investors in the company including Sony Financial Ventures, KDDI, and Global Brain. The parties did not disclose the financial terms of [...]

Single Sign-On – How Does it Work and What is Passwordless SSO?

By Shimrit Tzur-David|October 19th, 2020|Categories: Articles|

An enterprise's most significant cybersecurity weakness is something employees do at their workstations every day, often multiple times — enter a password. According to Verizon, weak, reused, or leaked passwords may be behind 80% of data breaches.  One of the first steps enterprises can take to reduce the use of passwords is to implement SSO for their employees’ cloud and web-based [...]

Standard Chartered Bank’s Investment Unit Invests in Secret Double Octopus

By Secret Double Octopus Staff|October 18th, 2020|Categories: Press Release|Tags: |

The strategic investment by SC Ventures will help Secret Double Octopus meet the rapidly growing demand for its passwordless authentication solution Secret Double Octopus, the leader in Enterprise Passwordless Authentication, announced today that it secured a strategic investment from SC Ventures, the innovation, fintech investment and ventures arm of the international banking group, Standard Chartered. SC Ventures joins a distinguished list [...]

InfoSecurity: Twitter Hack Spurred Copycats, But Other Businesses Don’t Have to Fall Prey

By Secret Double Octopus Staff|October 9th, 2020|Categories: In the News|

A 17-year-old was apparently the ringleader of a trio of young hackers behind the July hijacking of dozens of high-profile Twitter accounts. Not even old enough to rent a car, the hackers perpetrated a Bitcoin scam that caused the cyber world to take a good look at how a motley band of mere youths could bypass the robust cybersecurity protocols of [...]

Active Directory & Passwordless Authentication

By Raz Rafaeli|October 1st, 2020|Categories: Articles|

Since its release in 1999, Microsoft Active Directory has gradually developed into the technology of choice for managing the digital infrastructure of businesses of various sizes. Active Directory can scale as organizations grow from small to large, from a single building to dozens of geographical locations, from a single server to several large data centers scattered across the world, and from a [...]

Secret Double Octopus Appoints Farzad Tari as EVP Business Development

By Secret Double Octopus Staff|September 29th, 2020|Categories: Press Release|Tags: |

Tari joins the passwordless authentication company's US headquarters to boost its strategic partnerships in the IAM market and strengthen joint offerings with global industry leaders Secret Double Octopus, the global pioneer in Enterprise-Ready Passwordless Authentication, announced today the appointment of Farzad Tari as Executive Vice President of Business Development. In his new role, Tari will manage Secret Double Octopus's global distribution channels, technology [...]

Are 2FA and MFA an Answer to Password Fatigue?

By Inbal Voitiz|September 15th, 2020|Categories: Articles|

"123456." That's the most popular password of 2020. Closely followed by "123456789." At this point, it's not even funny.  Passwords failed as an adequate protection method a long time ago. Credential dumps that expose millions of passwords each year, combined with the tendency to reuse passwords across multiple apps and services, are a recipe for disaster. And you really can't blame [...]

What is SAML and how is it being used?

By Inbal Voitiz|September 3rd, 2020|Categories: Articles|

What is SAML? Security Assertion Markup Language (SAML) is a computer protocol that allows users to reuse their authentication credentials to log into multiple applications, instead of setting up new accounts with new credentials for every application. SAML is not the only protocol that does this. OpenID Connect (ODIC), for example, is a very popular authentication protocol for consumer applications that [...]

Top 6 Password Attacks and How to Prevent Them

By Inbal Voitiz|August 27th, 2020|Categories: Articles|

Passwords are highly vulnerable and extremely valuable, and therefore a high-value target for attackers. There are numerous attacks on passwords. Here's an overview of the main tactics: Social Engineering Social Engineering attacks misdirect users to malicious websites that impersonate legitimate ones and ask them for their passwords (and possibly other credentials like one-time passcode, etc.). Once users enter their passwords on [...]

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