Report

93% Of Organizations Had Two or More Identity-Related Breaches in the Past Year

CyberArk (NASDAQ: CYBR), the identity security company, today released a new global research report that shows how siloed approaches to securing human and machine identities are driving identity-based attacks across enterprises and their ecosystems. The CyberArk 2024 Identity Security Threat Landscape Report provides unique perspectives on how Artificial Intelligence (AI) boosts cyber defenses as well as attacker capabilities; increases the pace at which identities are created in new and complex environments; and highlights the scale of identity-related breaches affecting organizations.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240516898054/en/

The CyberArk Identity Security Threat Landscape 2024 Report (Graphic: Business Wire)

Cyber Risk Rises as Machine Identity Security Treated Differently to Humans

While the quantity of both human and machine identities is growing quickly, the report found that security professionals rate machines as the riskiest identity type. In part due to widespread adoption of multi-cloud strategies and growing utilization of AI-related programs like Large Language Models, machine identities are being created in vast numbers. Many of these identities require sensitive or privileged access. However, contrary to how human access to sensitive data is managed, machine identities often lack identity security controls, and therefore represent a widespread and potent threat vector ready to be exploited.

• 93% of organizations had two or more identity-related breaches in the past year.
• Machine identities are the #1 cause of identity growth and are considered by respondents to be the riskiest identity type.
• 50% of organizations expect identities to grow 3x in the next 12 months (average: 2.4x).
• 61% of organizations define a privileged user as human-only. Only 38% of organizations define all human and machine identities with sensitive access as privileged users.
• In the next 12 months, 84% of organizations will use three or more Cloud Service Providers (CSPs).

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