The Nimble Nerd white logo

Cybersecurity’s New Nightmare: Identity Attacks Costing Millions

Identity-related cyberattacks are like ninjas in the night, silently wreaking havoc. With 78% of organizations targeted in the last year, the financial toll is staggering. It’s time to ditch passwords and embrace passwordless identity solutions for robust security and sanity!

Hot Take:

Identity-related cyberattacks are the new ninjas of the digital world, sneaking into your systems and causing chaos before you even realize it. With 78% of organizations falling prey in just the last year, it’s time to stop relying on those flimsy passwords and step up our cyber game. Move over, James Bond—it’s time for passwordless heroes to save the day!

Key Points:

  • 78% of organizations experienced identity-related cyberattacks in the past year.
  • Global average cost of authentication-related attacks is $5.58 million.
  • Credential misuse and authentication weaknesses are the main culprits in breaches.
  • AI is both a major threat and a strategic defense tool in cybersecurity.
  • Passwordless authentication and frictionless identity verification are emerging as critical strategies.

Membership Required

 You must be a member to access this content.

View Membership Levels