Research highlights IT security teams are ‘running to keep up’ New global research reveals 84 percent of organisations – more in New Zealand, Australia, Singapore and Malaysia – experienced an identity-related security breach in the past 18 months. According to the research, three quarters of organisations will fall short of protecting privileged identities because they won’t get the support they need, and that identity security is a priority for security teams, but 63 percent believe it is not well understood by executive leaders Delinea, a leading provider of Privileged Access Management (PAM) solutions announced on 27 July findings from a global survey of 2,100 IT Security Decision Makers (ITSDMs).
42
NZSM
The survey found that 60 percent of respondents believe their overall security strategy does not keep pace with the threat landscape, and that they are either lagging behind (20 percent), treading water (13 percent), or merely running to keep up (27 percent). Delinea conducted its research during June 2022 to understand what IT security leaders are doing to reduce the risk of a privileged account or identity-based attack. An online survey of IT and security professionals in 23 countries – including New Zealand, Australia, Singapore and Malaysia –polled attitudes towards
identity security and the protection of privileged identities. The report also highlights differences between the perceived and actual effectiveness of security strategies. While 40 percent of global respondents believe they have the right strategy in place, 84 percent of organisations reported that they have experienced an identity-related breach or an attack using stolen credentials during the previous year and a half. In New Zealand and Australia, only 33 percent of respondents believe they have the right strategy in place, with 96 percent having experienced a breach or attack. In Singapore and Malaysia, on
August /September 2022