Identity and Access Management has a Password Problem
Recent research from Enterprise Management Associates (EMA) found that a staggering 60% of organizations have experienced a security breach in the past year. Digging into the details, the leading source of breaches (24.4%) was once again due to compromised user passwords. The findings also highlighted that a further 16.1% of breaches were down to a user sharing credentials with an unauthorized peer. Does identity and access management have a password problem? 24.4% of security breaches in the last 12 months were due to compromised user passwords.
This means that over 40% of breaches were directly related to passwords. Of those organizations that suffered a breach, 90% stated that there were significant consequences for their business, reinforcing once again why password strategy can’t be ignored.
Organizations rely on identity and access management as a key component of their security strategy. Enterprises use identity management to safeguard their information assets against the rising threats of...