Security News > 2024 > May > Identity-related incidents becoming severe, costing organizations a fortune

An astonishing 84% of identity stakeholders said incidents directly impacted their business, up from 68% in 2023.

22% of businesses see managing and securing digital identities as the number one priority of their security program, up from 17% in 2023.

Consistent with 2023, 89% of businesses are somewhat or very concerned that new privacy regulations will impact identity security.

81% of identity stakeholders see passwordless authentication as a solid technology for addressing identity issues.

Down slightly, 93% of identity stakeholders said that security outcomes could have lessened the business impact of incidents.

2024 Trends in Identity Security report is based on an online survey of over 520 identity and security professionals from organizations with over 1000 employees.

News URL

https://www.helpnetsecurity.com/2024/05/30/identity-related-incidents-rise/