Modern cybersecurity keeps recycling the same failed ideas. Passwords, MFA, 2FA, and password managers all promise protection but fall apart in practice. Vendors keep patching, repackaging, and blaming users when things fail, while attackers keep winning.
Breaches often start with privileged accounts that stay compromised for months. The entry point is not always a password. It could be a stolen token, a misconfiguration, or credentials sold on the dark web. By the time detection happens, the damage is already done.
Two-factor authentication is not safe. MFA fatigue attacks trick employees into granting access. SIM swaps are cheap and easy. Phishing kits bypass one-time codes in real time. Password managers create a single point of catastrophic failure. These are not future risks. They are today’s exploits.
Evil-GPT: The Dark Web's $10 Cybercrime Assistant
In August 2023, a new tool appeared on BreachForums with a simple pitch: "the anti-ChatGPT." Price? €8.60.
Cyber insurance companies have noticed. They are cutting payouts, adding exclusions, and refusing to cover companies that keep relying on broken systems. Why insure a lock that everyone knows is broken?
Insured, Insecure, and On the Hook
TL;DR: Hamilton, Ontario spent $18.3M recovering from a major ransomware attack, only to have their cyber insurer refuse to pay, because they hadn’t finished rolling out MFA. The breach happened mid-upgrade, but the missing checkbox voided their entire policy.
This is the point where PrivID can make the difference for your team. Our system does not rely on passwords. It does not need outdated mechanisms to work. It is built on modern cryptography: Zero-Knowledge Proofs and Fully Homomorphic Encryption. Even if an organisation insists on passwords, our platform works around them, neutralising their weakness.
Where others patch, we replace. Where others sell recycled locks, we deliver a new foundation. Attackers cannot exploit what they never see. PrivID offers real resilience in a field that has become a shell game.
How to Secure Privileged Access and Prevent Lateral Movement (Without Making Your Team Miserable)
If you want to bring a network to its knees, you don’t need a warhead. You just need a sysadmin’s login.