Security News > 2024 > January > Breaking down the state of authentication

In this Help Net Security video, Bassam Al-Khalidi, co-CEO of Axiad, discusses the results of Axiad's recent State of Authentication Survey.

39% indicated phishing is the most feared cyberattack, while 49% said it is the attack most likely to happen.

88% felt their company was prepared to defend against a password-based cyberattack, yet 52% said their business had fallen victim to one within the last year.

Despite password woes, 93% of respondents are still using passwords for business, citing that the biggest reasons they still use them are fear of change, the potential need to rip and replace technology, time constraints and lack of staff.

When asked whose fault they think exploited passwords are, respondents' answers varied: IT staff, end users, security teams and leadership.

When asked what technologies respondents will use over the next year, 45% said they will use passwordless technology, and 27% said they will use phishing-resistant MFA.- When asked which recent guidance has most impacted their organization's authentication strategy, the Cybersecurity and Infrastructure Security Agency came out on top, followed by the National Institute of Standards and Technology and the White House Office of Management and Budget.

News URL

https://www.helpnetsecurity.com/2024/01/05/axiad-authentication-survey-video/