Compromised Credentials Top Breach Offender
Tuesday, April 26, 2016 @ 04:04 PM gHale
Compromised credentials remain the culprit of almost 25 percent of all data breaches, a new report said.
Data breaches, account hijacking and malicious insiders all rated as top threats, according to research from the Cloud Security Alliance (CSA).
These attacks often occur because of a lack of scalable identity access management systems, failure to use multi-factor authentication, insufficient password use and a lack of ongoing automated rotation of cryptographic keys, passwords and certificates.
Other key findings include:
• Of those who indicated their company reported a data breach, 22 percent of respondents said the incident was because of compromised credentials.
• 65 percent of respondents said the likelihood their company would experience a future breach due to compromised credentials was medium to high.
• There were no significant differences in security solutions used between respondents who reported a breach and those who either did not report or did not know of a reported breach in their organizations.
• Companies embracing big data solutions consistently adopted more perimeter and identity security solutions.
• 76 percent of internal access control policies extended to outsourced IT, vendors and other third parties.
“The survey results are insightful into understanding insufficient identity, credential and access management, as it relates to the evolving, increasingly cloud-based enterprise,” said Luciano Santos, executive vice president of research at CSA. “We hope that organizations and cloud providers can use this information to help gain an understanding of how to protect themselves and their data beyond the perimeter, as they begin to adopt cloud environments.