Most IT Professionals Felt Prepared for Password-Based mostly Assault; Extra Than Half Fell Sufferer #Imaginations Hub

Most IT Professionals Felt Prepared for Password-Based mostly Assault; Extra Than Half Fell Sufferer #Imaginations Hub
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SANTA CLARA, Calif. – December 12, 2023 – Axiad, a number one supplier of organization-wide passwordless orchestration, at the moment introduced the outcomes of its 2023 State of Authentication Survey. The survey investigated the forms of cyberattacks respondents had been most afraid of and ready for, how their organizations held up towards password-based assaults, if and why firms are nonetheless utilizing passwords, and what cybersecurity applied sciences firms plan to make use of in 2024. 

The survey, which was performed in October 2023, collected greater than 200 responses from U.S. info know-how (IT) professionals, together with {hardware} and software program, throughout quite a lot of trade verticals, together with monetary, authorities, retail, manufacturing, healthcare, training, telecommunications and extra. 

Key findings from the survey revealed:

·39% indicated phishing is probably the most feared cyberattack, whereas 49% stated it’s the assault most certainly to occur. 

·88% felt their firm was ready to defend towards a password-based cyberattack, but 52% stated their enterprise has fallen sufferer to 1 throughout the final 12 months. 

·Regardless of password woes, 93% of respondents are nonetheless utilizing passwords for enterprise, citing that the most important causes they nonetheless use them are concern of change (64%), the potential want to tear and substitute know-how (54%), time constraints (51%) and lack of employees (25%).

·When requested whose fault they assume exploited passwords are, respondents’ solutions assorted: IT employees (35%), finish customers (32%), safety groups (25%) and management (8%).

·When requested what applied sciences respondents will use over the following 12 months, 45% stated they may use passwordless know-how, and 27% stated they may use phishing-resistant multi-factor authentication (MFA).

·When requested which current steerage has most impacted their group’s authentication technique, the Cybersecurity and Infrastructure Safety Company (CISA) got here out on high (41%), adopted by the Nationwide Institute of Requirements and Expertise (NIST) (26%) and the White Home Workplace of Administration and Finances (OMB) (13%).

“Generative AI has considerably lowered the entry barrier for cybercriminals to craft extremely efficient phishing emails, and if you mix that with poor password administration, it’s no shock that the amount of profitable phishing and password-based assaults continues to skyrocket,” stated Bassam Al-Khalidi, co-founder and co-CEO of Axiad. “The survey outcomes are alarming as a result of, regardless of the rising variety of these cyberattacks, most firms are nonetheless caught in the established order of utilizing passwords as their main methodology of authentication. Worry of change isn’t any excuse. Organizations must act now to fight superior cybercriminals, or they may proceed to be in danger. In at the moment’s menace panorama, the best factor they will do to bolster their cybersecurity posture is implement passwordless authentication and phishing-resistant MFA.”

For extra information factors from the survey, view the infographic and obtain the State of Authentication Survey report.  

About Axiad

Axiad delivers organization-wide passwordless orchestration to safe folks, machines and interactions for enterprise and public sector organizations that should optimize their cybersecurity posture whereas navigating underlying IT complexity. The corporate’s flagship product, Axiad Cloud, is a complete, safe and built-in authentication platform that enables clients to maneuver to a passwordless future with out the friction and danger of fragmented options. Axiad helps the widest vary of credentials within the trade together with FIDO, cellular MFA, Home windows Howdy for Enterprise, YubiKeys, good playing cards, TPM and biometrics, and is trusted by public sector organizations and Fortune 500 firms throughout aerospace & protection, monetary providers, insurance coverage, healthcare, oil & vitality and extra.

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