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A brand new international report by cybersecurity agency CyberArk reveals that the intersection of difficult financial situations and fast technological innovation, together with the rise of synthetic intelligence (AI), is increasing the identity-led cybersecurity risk panorama.
The CyberArk 2023 Id Safety Menace Panorama Report, commissioned by CyberArk and performed by market analysis agency Vanson Bourne, surveyed 2,300 cybersecurity decision-makers throughout personal and public sector organizations with 500 workers and above in 16 international locations. It discovered that almost all organizations — 99.9%— anticipate an identity-related compromise this yr, as a result of components akin to financial cutbacks, geopolitical points, cloud adoption, and hybrid working.
AI-enabled threats are a major concern, with 93% of safety professionals surveyed anticipating such threats to impression their group in 2023. AI-powered malware was cited as the highest concern.
68% of organizations count on cybersecurity points pushed by worker churn in 2023.
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As companies proceed to spend money on digital and cloud initiatives to unlock efficiencies and drive innovation, cybersecurity is more and more in danger.
The report additionally reveals that organizations plan to deploy 68% extra Software program as a Service (SaaS) instruments within the subsequent 12 months. As a big proportion of human and machine identities have entry to delicate knowledge by way of these instruments, if not secured correctly, they’ll turn out to be gateways for assaults.
89% of organizations skilled ransomware assaults previously yr, with 60% of affected organizations reporting a number of funds to get well from these assaults.
The power, oil, and gasoline sector seems significantly susceptible, with 67% of firms on this trade anticipating they might not have the ability to cease and even detect an assault stemming from their software program provide chain.
Crucial areas of the IT surroundings are inadequately protected, and sure id sorts characterize important danger. For instance, 63% of respondents stated that highest-sensitivity worker entry shouldn’t be adequately secured.