Breaking Down BlackCloak Part 1 — We Help Protect Your Executives' Privacy
Privacy is on everyone’s mind these days. According to a recent report from StartPage, “72% of Americans say they are “very concerned” to “extremely concerned” about their online privacy.”
Americans’ growing anxiety over their personal privacy should come as no surprise when considering there is now a new victim of identity theft every 2 seconds. Not to mention the thousands of online data brokers currently scouring the web daily in search of personally identifiable information (PII) to sell at their financial gain.
This is the first post of a four-part blog series on digital executive protection. Each week, we will discuss a specific benefit of BlackCloak’s holistic Concierge Cybersecurity and Privacy PlatformTM.
This first article explores the specific privacy risks to executives, high-net-worth and high-profile individuals, and how we help protect threats from manifesting.
Cybercriminals want your data
The availability of private personal data via data brokers and social media has made the job of cybercriminals infinitely easier. No longer are successful attacks, fraud schemes, or identity theft contingent upon a person downloading a malicious attachment or clicking on a malicious link.
Today, 98% of cyberattacks rely on social engineering, in which cybercriminals utilize personal or private information to create a connection, spoof a brand, or impersonate a colleague. Then, after building trust, they’re able to convince an unsuspecting person to take an action, such as sharing login credentials, paying a fake invoice, or providing unauthorized access to an account.
Cybercriminals really want executives’ and high-profile individuals’ data
While most Americans’ identities are worth no more than $8 on the dark web, records of executives and high-net worth individuals are worth infinitely more. Last year, an auction of stolen celebrity data opened bidding up at $600,000.
The abundance of compromised personal data is making executives vulnerable, too. In fact, C-suite executives are 12 times more likely to be targeted in cyber attacks than other employees in their organization, according to Verizon’s Data Breach Investigations Report (DBIR), with attackers looking to make money from the company or employee data, intellectual property, or ransomware.
How we protect your privacy where security teams can’t
The last thing your security team wants or needs is to have access to an executive’s personal life. Such visibility could expose you and your company to a plethora of privacy, legal, and disclosure risks.
Fortunately, privacy is in BlackCloak’s DNA. In fact, our CEO Dr. Chris Pierson was once a Chief Privacy Officer for a large global bank, and one of the first to recognize how the gap in privacy protections was negatively impacting the broader cybersecurity ecosystem.
BlackCloak helps executives and high-profile individuals gain peace of mind over their privacy concerns by offering:
- Ongoing Data Broker Removal Services – Each month, our security operations team deploys a mix of proprietary and enterprise-grade technologies that scans more than 110 different data broker websites for your personal information. When your data is identified or when you share a website that you would like your data to be removed from, we file opt-out requests on your behalf. If the data broker prohibits third-parties from filing such requests, our concierge team walks you through the entire process. To avoid alert fatigue and disengagement, we dedupe records, curate alerts, and provide actionable details within every communication that we send.
- Weekly Deep Dark Web Scans – Each week, using email addresses you provide, and those you might have forgotten about that we identify during the onboarding process, our security operations team deploys a mix of proprietary and enterprise-grade threat intelligence platforms to scan the Deep/Dark web for exposed passwords associated with all accounts. Whenever leaked credentials are discovered, we either alert you with the specific actions to take; have our concierge team walk you through the process on a call, or when applicable, remediate the threat without your involvement.
- Device Protection & Monitoring – During your onboarding process, we manually review and suggest changes to your privacy, security, tracking, and other settings on each of your Covered Devices, including mobile, laptops, tablets and computers. We limit location tracking to only the applications that absolutely need to know your whereabouts, get you set up on the National Do Not Call Registry, ensure operating systems are updated, install and configure a secure web browser and password manager, and establish dual-factor authentication for the apps that require this added level of protection. For some clients, we set up a VPN for secure remote access. Our concierge team conducts this process each time a new device is added to your account, and collaborates with our security operations team to remediate emerging device threats and vulnerabilities that could impact your privacy.
- Identity Theft & Credit Monitoring – During the onboarding process, our client service team helps setup credit and identity theft monitoring from our partner Experian. This membership supplements our privacy services by keeping you apprised of your FICO score, changes to your credit file, and suspicious activity with your financial account, such as credit inquiries and authorization attempts. When suspicious activity occurs, you can freeze your credit with Experian, as well as with Equifax and TransUnion, with one click in the BlackCloak app. This service also includes $1 million dollars of identity theft insurance and access to Experian customer support.
Your information remains private…even to us
We help maintain privacy protection without ever collecting social security numbers, birthdays, or other confidential PII. We’ll never have access to your web traffic and web search history. Your call logs, voicemails, text messages, photos, app usage, email content, streaming media, social media activity, payment methods and other financial information never crosses our desks.
Download our report, Executive Protection at Home is a Major Gap in Cybersecurity, for more information on how we protect your privacy.
Coming soon: The second article in this series will explore how BlackCloak helps secure your personal devices from cyberattack.