Security News > 2021 > March > Why do companies fail to stop breaches despite soaring IT security investment?
Found among the leaked data are usernames, passwords, credit card numbers, bank account details, healthcare information, and other personal data.
This trend of data breaches is quite disappointing when compared to the staggering $120 Billion in global IT security spending; according to Gartner, this number has grown each year rapidly.
The most common cause behind data breaches is the leak of some authentication measure-this may be a username, password, token, API-key, or a negligent password-less server or application.
Most large organizations use data leak prevention technologies yet fail to protect against password leaks and account takeovers.
Shedding Light on Shadow IT. Scirge was developed with a simple and clear focus on solving an overlooked aspect of existing IT security mechanisms: discovering and protecting accounts created by employees in the cloud.
Central intelligence helps unveil reused passwords and compromised accounts via comparing every company-related account to leak databases and locally-used accounts.