identity challenges

Will decentralized identity unlock the future of identity protection?

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Will decentralized identity unlock the future of identity protection?

All eyes have been on AI over the last few years and how it has impacted businesses’ daily operations — both positively and negatively. It goes without saying that it’s a challenging moment for those working in digital identity and security as technology is evolving at an unprecedented pace. AI-powered cyber threats and identity attacks are about to explode at rates never seen before. According to results from a recent survey, over 40% of businesses…

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90% of organizations experienced an identity incident this past year

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90% of organizations experienced an identity incident this past year

A report by the Identity Defined Security Alliance (IDSA) examined the identity security systems within large organizations. The study revealed trends in common identity incident vectors and direct organizational influence. It also analyzed the impact of trends such as cyber insurance, artificial intelligence (AI) and the shifting regulatory landscape. Among the studied organizations, 90% claimed to experience an identity-related event in the last year. This percentage remains consistent with the percentage from 2023.  More key…

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Security leaders are facing a new wave of identity risks

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Security leaders are facing a new wave of identity risks

A study has found that increased technological and organizational complexity is contributing to new identity risks that security leaders must manage. The study, done by ConductorOne, surveyed more than 500 IT security leaders in the United States and found that increased complexity is driving new identity risks.  On the subject of technology complexity, the report found that hybrid IT environments are common. 76% of respondents reported that their company has a hybrid IT environment. 18%…

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97% of organizations report difficulties with identity verification

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97% of organizations report difficulties with identity verification

Ping Identity released a report on the state of identity fraud, surveying 700 IT decision-makers worldwide between February and March of 2024, which found that 97% of organizations are experiences challenges with identity verification. Many respondents (49%) report that the fraud prevention strategies in place in their organization are somewhat or entirely ineffective, suggesting that many organizations do not have proper protections against identity fraud. Among those surveyed, only 45% use two-factor or multi-factor identification verification,…

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67% of organizations had identity-related data breaches last year

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67% of organizations had identity-related data breaches last year

67% of organizations had identity-related data breaches last year | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This…

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