• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Jobs
  • Career
    • Cyber Security Training
    • Work from Home
    • Cyber Security Analyst
    • Remote Work – Six Ways to Keep Your Data Safe When Working Remotely
  • Field Guide
  • Newsletter Signup
  • Deals
  • News
AskCyberSecurity.com

AskCyberSecurity.com

Cyber Security News & Information

  • Home
  • Data Privacy
    • Gamers
    • Government Cyber Security
      • Legislation
      • Standards
        • What are the risks of computer security?
        • Medical Cyber Security
    • Social Media
  • Security
    • Data Breaches
    • Scams
    • Malware
  • Software
    • Apps
    • Web Browsers
  • Glossary
    • Cyber Security Acronyms
  • About Ask Cyber Security
    • Authors
    • Contact Us
  • VPN
    • How Do I Know If My VPN is Working?
    • Best Free VPN iPhone
    • Why Use a VPN?
    • NordVPN vs IPVanish
    • Private Internet Access Download
    • Best VPN for Streaming
      • TikTok VPN
    • VPN Porn
    • Computer Security Software – What You Really Need
  • Tutorials
  • ChatGPT
    • Does ChatGPT Save Data?
AskCyber Home » News » data privacy » 94% of Companies Report Identity Related Breach

94% of Companies Report Identity Related Breach

2020-05-15 by Michelle Dvorak

Identity Breach

Many IT Pros Doubt the Ability to Effectively Defend Against Identity Theft

Ninety-four percent of survey respondents said their company had an identity theft related security breach. Eighty percent said they had suffered a breach within the last year. Email phishing was the top security compromise cited by respondents. Stolen credentials, brute force password attacks, and social engineered passwords were also listed as top attack vectors.

Nineteen percent of respondents state their company has had an identity theft within the last year. Seventy four percent reported an incident with then last two years. And only six percent stated they has not had any identity theft.

The survey is concerned with two types of stolen identities. That of the corporate workforce identities – employees, privileged users, and partners. It also asked about the credentials for applications, online accounts, and hardware. The identities are not necessarily associated with a person. Both types of identities need to be protected from hackers.

YOU MAY ALSO BE INTERESTED IN:

  • 5 Tips to Identify a Phishing Email Scam
  • Spear Phishing Email Scam Steals $389k from Shark Tank Host
  • Spear Phishing Email Scam Steals $389k from Shark Tank Host

The survey, conducted by Dimensional Research, included 1,000 companies. The 502 respondents were all security and identity professionals from a mix of industries, company sizes, and job levels. The respondents were asked to rate their confidence in their company’s overall ability to effectively manage and secure all types of identities and whether or not they were proactive about their strategies.

Most (99%) felt that the security breaches were preventable. When asked about confidence in their company’s overall ability to effectively manage and secure all types of identities.

• 74 percent reported that they are somewhat or not confident
• Only about one-quarter (26%) report they are very confident

Stolen identities are used to commit a variety of fraud. Stolen names and personal information can be used to collect more sensitive information like birthdates, governments IDs, as well as login credentials. When some identity is stolen it can result in monetary theft or medical fraud. Compromised identities from internet connected devices can be used to break into computers, corporate networks and move laterally through networks to steal access and credentials of more connected devices. Once a network in compromised it is possible to install malware that persists over long periods of time to exfiltrate sensitive corporate and personal information and information.

• 94% have had an identity-related breach
• 79% have had an identity-related breach within the past two years
• 99% believe their identity-related breaches were preventable

While the vast majority of the security and identity professionals (94%) surveyed have experienced an identity related breach, only 34% say their company has a forward-thinking security culture. Worse yet 59% reported their company was reactive.

Improved security awareness and training can help prevent identity theft. In fact, that training was the top area that 71 percent of respondents identified as important. But that is not the only process that can hep safeguard data. A better workplace security culture, improved technology, expertise to deploy technology all play a role in cyber security.

Brute force password attacks, phishing and, social engineering are not the only wats to steal credentials. Hacker also use malware, password spraying attacks to steal credentials. Data from previous breaches can be bough on the dark web.

Access the full report here.

Filed Under: data privacy

About Michelle Dvorak

Michelle writes about cyber security, data privacy focusing on social media privacy as well as how to protect your IoT devices. She has worked in internet technology for over 20 years and owns METRONY, LLC. Michelle earned a B.S. in Engineering from Rensselaer Polytechnic Institute. Michelle published a guide to Cyber Security for Business Travelers


LinkedInTwitterFacebook

Primary Sidebar

Subscribe to Our Free Newsletter

We Don't Share or Sell Your Info

Web Browsers

Where Are My Saved Passwords in Chrome?

Google Removes 70 Malicious Browser Add-ons from Chrome Web Store

Firefox 75 Reports Your Browser Settings to Mozilla

Categories

Cyber Security Field Guide

Computer Security While TravelingGet Our Cyber Security Field Guide - Available on Amazon!

Recent Posts

Security Marketing Manager – Remote

Sr. Associate, Cybersecurity Architect – Pfizer

Strategic Customer Success Manager – Cybersecurity – Opportunity for Working Remotely

Top 20 Passwords Leaked on Dark Web

ISU Cybersecurity Leader Job Opening

Cyber Security News

Top 20 Passwords Leaked on Dark Web

… [Read More...] about Top 20 Passwords Leaked on Dark Web

Apple Warns of Actively Exploited Zero-Day Flaw

… [Read More...] about Apple Warns of Actively Exploited Zero-Day Flaw

IRS Stops Facial Recognition System for Online Access

… [Read More...] about IRS Stops Facial Recognition System for Online Access

National Cybersecurity Alliance Announces Data Privacy Week

… [Read More...] about National Cybersecurity Alliance Announces Data Privacy Week

More Cyber Security News

Tags

amazon Android Apple bitcoin China chrome CISA credit card DarkSide DHS DOJ Equifax Europe Facebook facial recognition FBI Firefox FTC games GDPR Google Government hacker identity theft India iPhone Iran IRS LinkedIn Microsoft North Korea PayPal phishing phishing email ransomware REvil Russia smartphone T-Mobile TikTok tutorial VPN WhatsApp WiFi Windows

Government

CBP Looks to Access Airline Passenger Data

FTC Releases Cyber Threat Video Playlist

Malware Found on US Government Funded Phones

UK NCA Reaches Out to Youth to Deter Cybercrimes

More Posts from this Category

Footer

Menu

  • Home
  • About
  • Authors
  • Newsletter Signup
  • PRIVACY POLICY

Search

Why Use a VPN?

NordVPN vs IPVanish VPN Review

NAVIGATION

  • Data Breaches
  • Data Privacy
  • Gamers
  • Scams
  • Malware

MEMBER NJCCIC

New Jersey Cybersecurity & Communications Integration Cell

STAY CONNECTED

  • Facebook
  • Instagram
  • Pinterest
  • YouTube
  • Twitter
  • RSS

Copyright © 2023 · AskCyberSecurity.com · METRONY, LLC

Go to mobile version