Sponsored Post Recent reports suggest that stolen identity and privileged access credentials now account for 61 percent of all data breaches.
That's a figure which continues to increase as nation-state attackers, cybercrime groups, and other hackers harness AI to boost the volume and efficiency of their activities. Meanwhile the average cost of a data breach soared to an eye watering US$4.88 million in 2024. That's up from US$ 4.45 million in 2023 according to IBM, driven largely by a rise in the cost of lost customers, downtime, post-breach costs, and regulatory fines.
So what can organisations do to better protect themselves, their end users and their customers against this form of cyber attack?
Taking a proactive and comprehensive approach to security and identity management is one solution. One that makes sure end users can securely access their apps and services from any device, at any time, without fear of attackers being able to easily hijack login details and impersonate the legitimate owner to get their hands on sensitive data.
A customer identity and access management (CIAM) platform might be a good place to start. These can help to harden existing security mechanisms with techniques such as multi-factor (MFA), biometric and adaptive authentication alongside context-based access policies that don't frustrate users with unnecessary requests if they log in from trusted environments.
CIAM specialist Okta has put together a series of webinars which explores these capabilities in more detail and explains how the Okta Customer Identity Cloud employs an AI-assisted bot detection engine to analyse over 60 parameters for every login request to determine the likelihood of its veracity.
The series features valuable insight from Okta Senior Product Marketing Managers Abbie Carlson, Liz Rivera and Ruchita Shah with additional speakers from professional services specialist and Okta partner Deloitte.
You can access the webinars – Lifting the lid on customer Identity – by clicking this link. Or go right ahead and find out more about the Okta Customer Identity Cloud CIAM platform here.
Sponsored by Okta.