The Ping Identity Survey highlights Australian businesses' struggles with identity verification and concerns about defending against AI attacks. The report, based on responses from IT decision-makers, reveals that many organizations lack proper protection against identity fraud and are not confident in their ability to defend against AI threats. Only one-third of Australian enterprises use multi-factor authentication, leaving them vulnerable to cybercriminals leveraging sophisticated AI tactics
The survey emphasizes the urgent need for organizations to enhance their identity protection strategies and innovate to stay ahead of evolving fraud tactics. Decentralized identity presents an untapped opportunity, and experts stress the importance of planning and acting now to mitigate future attacks. Overall, the survey underscores the critical importance of strengthening identity protection measures and leveraging advanced technologies to combat evolving cyber threats. https://australiancybersecuritymagazine.com.au/identity-verification-and-ai-challenge-australian-businesses/?utm_source=rss&utm_medium=rss&utm_campaign=identity-verification-and-ai-challenge-australian-businesses&utm_source=rss&utm_medium=rss&utm_campaign=identity-verification-and-ai-challenge-australian-businesses