March 13, 2019
Events
Multi-Factor Authentication

The Good, the Bad and the Ugly of our RSA 2019 Survey

Corey Williams – Idaptive
Corey Williams Vice President, Marketing
RSA Hero Survey

RSA 2019 is now behind us. Our Idaptive team participated in full force, showcasing hands-on demos of our Next-Gen Access Cloud, talking about the importance of a zero trust approach to cybersecurity, and giving away some awesome goodies, including a Nintendo Switch.

We also surveyed several hundred attendees at the event around the current state of identity and access management at their respective companies. There were some interesting findings, and not all were good, but they demonstrated a lot of promise for the future of cybersecurity at organizations across the globe.

Here’s the Good, the Bad, and the Ugly of our RSA survey on identity and access management.

The Good

The good news is that over half of organizations plan to adopt cloud-based Multi-Factor Authentication (MFA) this year (51%). That’s a huge step in the right direction, especially since 81% of breaches involve compromised credentials (aka weak and stolen passwords).

Previously, I had shared that the majority of business leaders (wrongly) believe that bolstering security vulnerabilities should be their top cybersecurity priority. But with 10 times the number of breaches actually coming from identity tactics rather than from vulnerabilities, it’s good to see that companies are starting to pay more attention to identity measures like MFA.

The Bad

On the inverse, unfortunately less than half of organizations already have widespread use of MFA  (41%). Think about it, you secure your banking, insurance, investments, Gmail, Amazon (and heck, even your Twitch) account with two-factor identification — so why on earth wouldn’t your business services and apps be equally secure?

The Ugly

Sixty-six percent of survey respondents say they’d rather talk like Yoda than breathe like Darth Vader (yes, we actually asked this). Guess they just don’t know the power of the dark side (which also may explain the lack of MFA).

I’ve attended this event for many years now, and it’s always incredible to see the best cybersecurity has to offer come together to share their insights and technologies that keep us safe online.

This year’s conference was no different. From new technologies for blockchain and leveraging artificial intelligence, to the big tech companies’ thoughts on privacy, to even an appearance from the legendary Tina Fey on International Women’s Day — the event was jam-packed with great stuff.

While MFA adoption definitely isn’t as high as we’d hope, it’s promising to see that so many companies are looking to adopt cloud-based MFA this year. Idaptive’s “MFA Everywhere” approach allows companies to make MFA an integral component of their identity management strategy, building a security perimeter that enforces access and utilizes a wide array of authentication factors to drive adoption. This is crucial today to enable secure use of hybrid clouds, SaaS apps and mobile business apps.

You don’t leave the fate of your bank account and credit cards up to chance, so don’t do the same when it comes to your business. Visit www.idaptive.com to learn more, and see everyone at the next event!