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Complete Story
04/20/2023
Fighting Password Fatigue Means Retiring Passwords for Good
CPO Magazine
Identity has become enterprises’ greatest security and financial vulnerability in 2023, and it’s time to reevaluate the status quo approach. Verizon’s 2022 Data Breach Investigations Report found that 61% of all breaches could be traced back to compromised credentials, a disturbing statistic when combined with research from IBM that estimates the average cost of a successful phishing attack to be approximately $4.9M. This sum includes compliance fines, remediation fees, and financial losses due to damaged reputations.
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