2024
State of Passwordless Identity Assurance
Crucial Insights Into Identity Threats, Technologies and Trends
The 2024 State of Passwordless Identity Assurance report investigates identity threats, risks, and strategies to combat them, based on interviews with 750 IT security professionals at organizations across multiple geographies and sectors.
78%
of organizations have been targeted by identity-based cyberattacks
69%
of companies were breached through authentication processes
60%
name AI-powered threats as a top identity security concern
68%
of employees wait up to 3 hours for service desks to verify their identity
89%
believe a passwordless approach provides the highest level of security
$5,479,819
spent per organization on breaches caused by weak authentication
29%
of helpdesk costs are password related
$2,782,041
spent per organization on identity fraud
HYPR’s research shows that identity assurance isn't just about security, it's a foundational pillar for building a resilient and adaptable future. Organizations that prioritize it gain a strategic advantage by fostering seamless and secure experiences. This not only boosts productivity but, more importantly, cultivates trust with key stakeholders.
Anthony Belfiore
Chief Security Officer, Wiz
Webinar: Learn More From Industry Experts
Andrew Shikiar, Executive Director of the FIDO Alliance and Bojan Simic, CEO and Co-Founder at HYPR, take an insider's look at key report findings and how you can use it to improve your organization’s security posture. Learn about the biggest identity security threats to watch for in 2024 and how are organizations like yours are evolving their security strategies to meet them. Topics include:
- The top causes of breaches and strategies to close those vulnerabilities
- Generative-AI threats, how they’re evolving, and ways to combat them
- Passkeys and building an identity-first security framework