PRESS RELEASE. SANTA CLARA, Calif. - December 12, 2023 - Axiad, a leading provider of organization-wide passwordless orchestration, today announced the results of its 2023 State of Authentication Survey.
The survey investigated the types of cyberattacks respondents were most afraid of and prepared for, how their organizations held up against password-based attacks, if and why companies are still using passwords, and what cybersecurity technologies companies plan to use in 2024.
The survey, which was conducted in October 2023, collected more than 200 responses from U.S. information technology professionals, including hardware and software, across a variety of industry verticals, including financial, government, retail, manufacturing, healthcare, education, telecommunications and more.
·39% indicated phishing is the most feared cyberattack, while 49% said it is the attack most likely to happen.
·88% felt their company was prepared to defend against a password-based cyberattack, yet 52% said their business has fallen victim to one within the last year.
·Despite password woes, 93% of respondents are still using passwords for business, citing that the biggest reasons they still use them are fear of change, the potential need to rip and replace technology, time constraints and lack of staff.
·When asked whose fault they think exploited passwords are, respondents' answers varied: IT staff, end users, security teams and leadership.
·When asked what technologies respondents will use over the next year, 45% said they will use passwordless technology, and 27% said they will use phishing-resistant multi-factor authentication.
·When asked which recent guidance has most impacted their organization's authentication strategy, the Cybersecurity and Infrastructure Security Agency came out on top, followed by the National Institute of Standards and Technology and the White House Office of Management and Budget.
For more data points from the survey, view the infographic and download the State of Authentication Survey report.
About Axiad. Axiad delivers organization-wide passwordless orchestration to secure people, machines and interactions for enterprise and public sector organizations that must optimize their cybersecurity posture while navigating underlying IT complexity.
The company's flagship product, Axiad Cloud, is a comprehensive, secure and integrated authentication platform that allows customers to move to a passwordless future without the friction and risk of fragmented solutions.
Axiad supports the widest range of credentials in the industry including FIDO, mobile MFA, Windows Hello for Business, YubiKeys, smart cards, TPM and biometrics, and is trusted by public sector organizations and Fortune 500 companies across aerospace & defense, financial services, insurance, healthcare, oil & energy and more.
This Cyber News was published on www.darkreading.com. Publication date: Tue, 12 Dec 2023 23:55:05 +0000