Report: 89% of organizations have been impacted by an identity-based attack in the past year

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This year, identity-based attacks have impacted every industry and the largest enterprises, and there are no signs of slowing down. A new report from One Identity, based on a survey of over 1,000 IT security professionals, confirms this, revealing that 89% of organizations have been impacted by an identity-based attack during the year. elapsed.

This proliferation of identity-based attacks is prompting organizations to take a closer look at their defenses, as 80% believe that better identity management tools could have mitigated the impact of many identity attacks. this guy. Since the creation of identity management tools, companies have had to deploy numerous solutions to manage each access zone.

Unfortunately, over the past 60 years of identity management, this process has not changed, and organizations still use multiple tools that operate in silos. Today, 96% of companies use multiple identity tools and 46% deploy at least 25 different systems.

However, more does not always mean better protection; in fact, 70% of businesses spend money on tools they don't even use. Worse still, the inefficiencies caused by using these multiple tools cost 42% of businesses more than $100,000 a year.

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Because of these incurred costs, more than half (51%) of organizations plan to consolidate their identity security tools within the next year. 48% believe consolidation will eliminate the time and expense of managing multiple identity solutions, while 37% believe it will make it easier to adapt to a changing threat landscape.

In 2023, as the number of digital identities managed by enterprises continues to grow (52% already manage more than 10,000 identities), enterprises will need to change their approach to security. More than half believe that having a unified identity platform would greatly benefit their identity management strategy.

With this approach, companies can eliminate the lack of interoperability between solutions to not only reduce costs, but also better protect against the deluge of cyberattacks hitting their business.

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