Be part of prime executives in San Francisco on July 11-12, to listen to how leaders are integrating and optimizing AI investments for achievement. Learn More
A brand new world report by cybersecurity agency CyberArk reveals that the intersection of difficult financial circumstances and speedy technological innovation, together with the rise of synthetic intelligence (AI), is increasing the identity-led cybersecurity menace panorama.
The CyberArk 2023 Id Safety Risk Panorama Report, commissioned by CyberArk and performed by market analysis agency Vanson Bourne, surveyed 2,300 cybersecurity decision-makers throughout non-public and public sector organizations with 500 staff and above in 16 nations. It discovered that just about all organizations — 99.9% — anticipate an identity-related compromise this 12 months, on account of components akin to financial cutbacks, geopolitical points, cloud adoption and hybrid working.
AI-enabled threats are a major concern, with 93% of safety professionals surveyed anticipating such threats to influence their group in 2023. AI-powered malware was cited as the highest concern.
Sixty-eight % of organizations count on cybersecurity points pushed by worker churn in 2023.
Rising cybersecurity threat
As companies proceed to spend money on digital and cloud initiatives to unlock efficiencies and drive innovation, cybersecurity is more and more in danger.
The report additionally reveals that organizations plan to deploy 68% extra software-as-a-service (SaaS) instruments within the subsequent 12 months. As a big proportion of human and machine identities have entry to delicate knowledge through these instruments, if not secured correctly they will turn out to be gateways for assaults.
Eighty-nine % of organizations skilled ransomware assaults previously 12 months, with 60% of affected organizations reporting making a number of funds to get better from these assaults.
The power, oil, and gasoline sector seems notably weak, with 67% of firms on this business anticipating they might not be capable to cease and even detect an assault stemming from their software program provide chain.
Vital areas of the IT surroundings are inadequately protected, and sure id sorts symbolize vital threat. For instance, 63% of respondents mentioned that highest-sensitivity worker entry will not be adequately secured.