Report by BeyondID
The Confidence Paradox: Delusions of Readiness in Identity Security
Key Findings
In the past 24 months, 72% of organisations experienced at least one attack.
Organisations self-identifying as "Advanced" in their identity posture follow only 4.7 out of 12 best practices.
Of organisations that experienced attacks, 38% of breaches stemmed from compromised employee credentials.
The top consequences of breaches reported were operational downtime (71%), reputational damage (45%), and financial loss (41%)
Only 60% of organisations enforce multi-factor authentication (MFA) for all users.
46% of organisations experienced multiple attacks in the past 24 months.
74% of IT decision-makers rate their identity posture as "Established" or "Advanced".
14% of organisations failed multiple compliance audits due to identity-related issues.
Only 40% of organisations conduct regular user access reviews.
34% of organisations have failed a compliance audit due to identity-related issues.
85% of organisations are "extremely" or "very" confident in their ability to detect breaches within 24 hours.
36% of organisations experienced a data breach involving identity credentials.
Less than 3 in 10 organisations allocate more than 20% of their cybersecurity budget to identity security.
Just 27% of organisations enforce a least privilege access model.
38% of organisations suffered a phishing attack that led to unauthorised access.
Organisations self-identifying as "Established" in their identity posture follow 5.1 best practices.