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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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