Delinea, a provider of solutions that extend Privileged Access Management (PAM), has announced results from a survey at the 2023 BlackHat USA Conference in Las Vegas last week, finding that password security continues to be a highly relevant topic even as cybersecurity strategies move toward a passwordless future.
Of 100 business hall attendees polled, 54% said that passwordless is a viable concept while 79% agreed that passwords are evolving or becoming obsolete.
When asked how they protect their passwords, the majority of attendees surveyed indicated they use an additional authentication method to secure their credentials and identity. Seventy-three percent (73%) use some form of multi-factor authentication (MFA), while 57% specifically indicated they use an authenticator app and 40% use biometrics. Over half (52%) use a password manager while 34% use a PAM solution to securely store their passwords. One in five (21%) indicated they are using passkeys now instead of or in addition to passwords.
"The findings of this survey indicate an understanding of what passwordless means beyond just being a marketing term specifically that its moving passwords into the background and using easier additional forms of authentication instead," says Joseph Carson, Chief Security Scientist and Advisory CISO at Delinea.
"This takes on increased significance when 75% of respondents also acknowledged that the fastest way to get access to a network is through social engineering or stolen identities and passwords.
"The quicker organisations and end users alike can evolve their identity and access security beyond passwords, the safer well be as a society."
The polling also revealed a perception that organisations are lagging far behind nation states and cybercriminals in the ongoing CyberWar. Only 12% of respondents indicated that they believe organisations are currently ahead of countries and criminals.
The survey also uncovered a range of opinions about the threat of artificial intelligence (AI) programs, with 34% stating that its still early days and current iterations are not truly AI while 22% indicated that an AI takeover is already here. Only 11% of those polled expressed confidence that AI will never take over.
BlackHat USA is an internationally recognised cybersecurity event providing technical and relevant information security research. Of the attendees surveyed by Delinea, 36% identified their role as a Security Team member, 21% as CIO/CISO/CTO, and 12% as IT Team/Administrators.
Delinea is a provider of Privileged Access Management (PAM) solutions for the modern, hybrid enterprise. The Delinea Platform extends PAM by providing authorisation for all identities, granting access to an organisations most critical hybrid cloud infrastructure and sensitive data to help reduce risk, ensure compliance, and simplify security.
Delinea removes complexity and defines the boundaries of access for thousands of customers worldwide. Its customers range from small businesses to the world's largest financial institutions, intelligence agencies, and critical infrastructure companies.