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Identification-based assaults this 12 months have hit each business and high enterprises, and there’s no signal of a slowdown. A brand new report from One Identity – primarily based on a survey of over 1,000 IT safety professionals – confirms this, revealing 89% of organizations have been hit by an identity-based assault prior 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% imagine that higher id administration instruments might have lessened the affect of many such assaults. For the reason that inception of id administration instruments, corporations have been compelled to deploy quite a few options to handle every space of entry.
Sadly, over the past 60 years of id 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 id instruments with 46% deploying not less than 25 totally different programs.
Nonetheless, extra doesn’t all the time imply higher safety; actually, 70% of organizations are spending cash on instruments they’re not even utilizing. What’s worse is that the inefficiencies prompted through the use of these a number of instruments value 42% of corporations over $100,000 per 12 months.
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Because of these incurred prices, greater than half (51%) of corporations are planning to consolidate their id safety instruments over the following 12 months. 48% imagine consolidation will eradicate the time-consuming and expense of managing a number of id options, whereas 37% imagine it can 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 strategy. Greater than half imagine that having a unified id platform would tremendously profit their id administration technique.
By way of this strategy, corporations can eradicate the dearth of interoperability between options to not solely reduce prices, however higher shield in opposition to the barrage of cyberattacks hitting their enterprise.
Learn the full report from One Identification.