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Cyber Debt Builds for Organizations Worldwide

Cyber Debt Builds for Organizations Worldwide

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The CyberArk 2023 Identity Security Threat Landscape Report highlights how economic pressures, rapid identity growth, and complex IT environments increase cyber risk. With 240% growth in human and non-human identities, nearly half holding sensitive access, 99% of organizations expect identity-related compromises. Ransomware remains severe, with 89% hit and 60% paying multiple times, while credential access is the top-ranked risk. AI-enabled threats, software supply chain vulnerabilities, and unprotected multi-cloud identities add to the challenge. Key priorities include just-in-time access, least privilege, and automated provisioning, with 51% relying on trusted partners to help reduce cyber debt.

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