2023 Trends in Identity Security Report – Jeff Reich, Identity Defined Security Alliance

Protecting digital identities has never been more crucial in the fight against ever-evolving and increasingly sophisticated cyberattacks. As cloud adoption, remote work, mobile device usage, and third-party relationships drive up the number of identities, more businesses are suffering identity-related incidents. The IDSA’s 2023 Trends in Identity Security report details the current state of identity security and its impact on the security challenges and outcomes of organizations. Jeff Reich, executive director of the IDSA, discusses the report’s key findings, including:
1) Managing and securing identities continues to be a top priority for businesses
2) Phishing attacks lead identity-related incidents
3) Over two-thirds of businesses experience direct business impacts as a result of an attack
4) Cyber insurance for identity-related incidents is increasingly common