Lagging corporate commitment to actually take action is the growing policy many executives seem to be following regarding IT efforts to provide better breach prevention. ID Security a Priority, But Board Buy-in Critical 75% of organizations will fall short of protecting privileged identities because they refuse to get the support they need.Identity security is a priority for security teams, but 63% believe it is not understood by executive leaders.60% of IT security decision-makers are held back from delivering on IT security strategy due to a host of concerns.The study focused on learning about organizations’ adoption of privileged access management as a security strategy. Delinea wanted to know what IT security leaders are doing to reduce the risk of an attack. Numerous studies found credentials are the most common attack vector. Despite the high percentage of admitted breaches, 40% of respondents believe they have the right strategy in place. It also highlights differences between the perceived and actual effectiveness of security strategies. This revelation comes as enterprises continue to grapple with expanding entry points and more persistent and advanced attack methods from cybercriminals. A new report by a privileged access management firm (PAM) warns that IT security is worsening as corporations remain bogged down on deciding what to do and what it will cost.Äelinea, formerly Thycotic and Centrify, on Tuesday released the research based on 2,100 security decision-makers internationally, revealing that 84% of organizations experienced an identity-related security breach in the past 18 months.
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