The CyberArk 2022 Identity Security Threat Landscape Report reveals that rapid digital transformation has fueled cybersecurity debt, leaving many organizations without adequate identity controls. With 79% of security leaders admitting security took a back seat to business initiatives and 99% accelerating IT adoption, the risks have grown. Machine identities now outnumber humans 45 to 1, with 68% of bots accessing sensitive data. Ransomware hit over 70% of organizations, while 88% faced software supply chain attacks. Credential access remains the top risk, yet 52% lack identity controls across cloud and critical apps, underscoring the need for Zero Trust and least privilege strategies.

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