Identity-Based Breaches on the Rise: CyberArk’s Report Sheds Light on Critical Gaps in Identity Security | CSIMarket News

Identity-Based Breaches on the Rise: CyberArk’s Report Sheds Light on Critical Gaps in Identity Security

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In a comprehensive global research report released today, CyberArk - the leading identity security company - reveals alarming statistics that indicate 93% of organizations worldwide have experienced two or more identity-related breaches in the past year. The CyberArk 2024 Identity Security Threat Landscape Report highlights the critical importance of addressing siloed approaches to secure both human and machine identities within enterprises and their ecosystems.

The report uncovers the profound impact of Artificial Intelligence (AI) on cyber defenses, shedding light on how advancements in technology are not only boosting security measures but also providing attackers with sophisticated capabilities. AI-driven attacks have become an increasingly prevalent concern for organizations striving to safeguard sensitive information.

Furthermore, CyberArk’s reputation for providing innovative identity security solutions has been further solidified with its recent partnership with FM Logistic. As a global CYBR FM Logistic recognizes the tremendous importance of securing tens of thousands of identities worldwide. By deploying the CyberArk Identity Security Platform, FM Logistic aims to not only fortify its digital transformation journey but also ensure robust information security throughout the entire supply chain.

With a vast global workforce of 28,000 employees, FM Logistic relies heavily on computerized inventory management and streamlined CYBR The CyberArk Identity Security Platform ensures that sensitive data, identities, and access privileges are protected against potential threats, providing FM Logistic with a secure foundation for its digital initiatives.

In conclusion, CyberArk’s groundbreaking report sheds light on the prevalent and consequential identity-based breaches impacting organizations worldwide. These findings underscore the need for a unified and holistic approach to identity security, bridging the gap between human and machine identities. As organizations continue their digital transformation journeys, partnerships with trusted industry leaders like CyberArk play a pivotal role in safeguarding critical assets and bolstering resilience across supply chains.

Source for this article: Based on Cyberark Software Ltd ’s official statement
For details on how CSIMarket validates financial and corporate news, please review our Editorial Standards & Fact-Checking Policy .
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#BusinessUpdate, #NASDAQ, #customers, #CYBR, #Cyberark Software Ltd, #Software & Programming
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