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Identification-based assaults this 12 months have hit each trade and high enterprises, and there’s no signal of a slowdown. A brand new report from One Identification – based mostly on a survey of over 1,000 IT safety professionals – confirms this, revealing 89% of organizations have been hit by an identity-based assault up to now 12 months.
This proliferation of identity-based assaults is inflicting organizations to take a better have a look at their defenses, as 80% consider that higher identification administration instruments might have lessened the influence of many such assaults. Because the inception of identification administration instruments, corporations have been compelled to deploy quite a few options to handle every space of entry.
Sadly, during the last 60 years of identification administration, this course of hasn’t modified – and firms are nonetheless utilizing a number of instruments which can be working in silos. In the present day, 96% of companies are utilizing a number of identification instruments with 46% deploying at the least 25 totally different programs.
Nonetheless, extra doesn’t at all times imply higher safety; in truth, 70% of organizations are spending cash on instruments they’re not even utilizing. What’s worse is that the inefficiencies brought on through the use of these a number of instruments value 42% of corporations over $100,000 per 12 months.
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Attributable to these incurred prices, greater than half (51%) of corporations are planning to consolidate their identification safety instruments over the subsequent 12 months. 48% consider consolidation will get rid of the time-consuming and expense of managing a number of identification options, whereas 37% consider it’ll make it simpler to adapt to the altering menace panorama.
Waiting for 2023, because the variety of digital identities that companies handle continues to multiply – with 52% already managing over 10,000 identities – enterprises might want to shift their safety method. Greater than half consider that having a unified identification platform would tremendously profit their identification administration technique.
By way of this method, corporations can get rid of the dearth of interoperability between options to not solely lower prices, however higher shield in opposition to the barrage of cyberattacks hitting their enterprise.
Learn the total report from One Identification.