– Machine identities drive identity growth: Machine identities are the primary driver of identity growth.
 – Sensitive access: 46% of organizations classify all human and machine identities with sensitive access as privileged users.
 – Deepfake detection confidence: 84% of security professionals in India are confident that employees can identify deepfakes of their organizational leadership.
Hyderabad, India – May 20, 2024 – CyberArk (NASDAQ: CYBR), an identity security company, has released a global research report highlighting the impact of siloed security approaches on human and machine identities. The CyberArk 2024 Identity Security Threat Landscape Report reveals the growing prevalence of identity-based attacks and the role of AI in both cyber defenses and attacks.
Key Findings:
 – Identity-related breaches: 93% of Indian organizations experienced two or more identity-related breaches in the past year.
 – Risks of machine identities: Machine identities, driven by multi-cloud strategies and AI programs, are considered the riskiest identity type.
 – Privileged users: 46% of organizations classify all human and machine identities with sensitive access as privileged users.
 – Cloud service providers: 83% of organizations will use three or more Cloud Service Providers (CSPs) in the next 12 months.
AI in cybersecurity:
 – Adoption of AI tools: 99% of organizations are using AI-powered tools in their cybersecurity defenses.
 – AI-driven risks: 93% of respondents anticipate AI-powered tools will create cyber risks in the coming year.
 – Deepfake detection confidence: 84% of security professionals believe employees can identify deepfakes targeting their organization.
 – Phishing attacks: 88% of organizations have suffered identity-related breaches due to phishing or vishing attacks.
Statements from CyberArk:
 – Rohan Vaidya, Area Vice President, India & SAARC: “The rapid proliferation of machine identities poses a significant security challenge. The CyberArk report underscores the urgent need to address the gap between human and machine identity security.”
 – Matt Cohen, CEO, CyberArk: “The report demonstrates the ineffectiveness of legacy solutions in addressing identity breaches. A paradigm shift towards a cybersecurity model centered on identity security is essential.”
The report emphasizes the importance of integrated identity security controls to protect against the increasing threat of identity-centric breaches in a digitally advanced world.
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