Companies investing more to protect against identity and authentication attacks

Identification platform supplier Okta Inc. at this time launched a report that reveals the safety apps and instruments firms are investing in to defend higher in opposition to the rise in identity-based and multifactor authentication assaults.

The Companies at Work report uncovers how firms are strategizing their safety investments to guard in opposition to ever-evolving threats. Key among the many findings is that just about one-third of firms are accessing and utilizing zero-trust options to enhance their id safety practices. Some 22% of Okta prospects at the moment are deploying a number of zero-trust configurations.

The adoption of safety coaching instruments was recognized as a rising pattern, with deployment rising by practically 50% during the last yr amongst Okta prospects. Within the earlier 4 years, the uptake of safety coaching instruments has elevated by a whopping 436%. The rise is claimed to focus on the rising perception that a company’s individuals are its greatest protection.

Safety device adoption rose 23% year-over-year and 43% by distinctive customers, with the report noting that that is no shock in a world the place the risk panorama continues to develop.

The Companies at Work report additionally revealed that safety methods are evolving, with organizations stated to be realizing that not all MFA is created equal. As they do, organizations have been discovered to be in search of higher-assurance elements of their MFA options.

Low-assurance safety questions are experiencing the slowest progress throughout the board — 3% year-over-year by the variety of prospects — whereas high-assurance safety keys and biometrics, together with WebAuthentication, grew 46% by the variety of prospects and 211% by distinctive customers.

In associated safety findings, Okta prospects elevated their use of risk-based insurance policies on networks by 147% during the last two years. Okta prospects implementing WebAuthn, the brand new commonplace for password-free net authentication, grew 60% over the earlier yr and the variety of prospects deploying device-trust configurations grew 21%.

“Companies at Work paints a transparent image of an rising new regular,” Todd McKinnon, chief govt officer of Okta, stated in a weblog submit. “Corporations aren’t appearing as if we’ve returned to 2020. As a substitute, they’re seeking to the longer term, doubling down on cloud-based options, extra sturdy safety approaches and automation-powered effectivity to make sure protected and sustainable progress in 2023 and past.”

Picture: Okta