It’s 2017, and data breaches are occurring at a record pace. It’s no wonder, then, that Americans are becoming increasingly anxious about their online security. Our recent report with Wakefield Research says Americans are much more likely to be concerned with their online personal information being stolen (69 percent) than their wallet being stolen (31 percent).
Our recent survey, conducted in conjunction with SC Magazine, shows that organizations are moving towards a passwordless future. The results show that while 36% of IT decision makers believe they will no longer rely on passwords 5 years from now, concerns remain around the complexities involved with rolling-out across the enterprise, yet they recognize the benefits of a passwordless strategy.
If you’re an IT pro, you’re likely aware of the very real damage that can result from even one user’s credentials being compromised. Once attackers have a foothold in your systems, they can linger for months, steadily increasing their permissions until they find and steal your most valuable data. Many organizations are already working to strengthen their security posture for preventing the misuse of stolen credentials. But one very real risk is typically overlooked: the social and personal credentials of our end users.
Infographic: A recent SecureAuth survey found that a majority of Americans (81%) reuse passwords -- and Millennials are the biggest culprits! This infographic summarizes the results of the survey and shows how Adaptive Authentication can provide better security and usability in the face of poor password security practices.
July 2017: SC Magazine’s Market Focus: Another Paradigm Shifts; Multi-Factor (MFA) might soon forgo the password.
In the 2004 action movie National Treasure, Nicolas Cage needs to guess a not-so-complex password and lift a fingerprint in order to break into the National Archives building and steal the Declaration of Independence. Movies often make stealing two-factor authentication so simple, but is it really that easy? And what if the second factor wasn’t a password at all? Could Cage have broken in?
According to the latest Verizon Data Breach Report, breaches caused by stolen or weak credentials are on the rise – up from 63% in 2015 to 81% in 2016. While there is no denying that we need to remove our dependency on the password as a primary method of authentication, the question remains how do we get there?