Try all of the on-demand periods from the Clever Safety Summit here.
Identification-based assaults this yr have hit each business and high enterprises, and there’s no signal of a slowdown. A brand new report from One Identity – 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 yr.
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 may have lessened the impression of many such assaults. Because the inception of id administration instruments, firms have been pressured to deploy quite a few options to handle every space of entry.
![](https://venturebeat.com/wp-content/uploads/2022/12/VBR_One_Identity_chart_121422.png?resize=735%2C503&is-pending-load=1#038;strip=all)
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. At this time, 96% of companies are utilizing a number of id instruments with 46% deploying at the least 25 completely different programs.
Nonetheless, extra doesn’t all the time imply higher safety; in reality, 70% of organizations are spending cash on instruments they’re not even utilizing. What’s worse is that the inefficiencies brought about by utilizing these a number of instruments value 42% of firms over $100,000 per yr.
Occasion
Clever Safety Summit On-Demand
Be taught the essential function of AI & ML in cybersecurity and business particular case research. Watch on-demand periods as we speak.
Because of these incurred prices, greater than half (51%) of firms are planning to consolidate their id safety instruments over the subsequent yr. 48% imagine consolidation will get rid of 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 method. Greater than half imagine that having a unified id platform would drastically profit their id administration technique.
By way of this method, firms can get rid of the dearth of interoperability between options to not solely lower prices, however higher defend in opposition to the barrage of cyberattacks hitting their enterprise.
Learn the full report from One Identification.