Exploring the Evolving Threat of Credential Security in AI Era

Credential Security Report Overview

Dashlane, a leader in credential security, has published its first comprehensive State of Credential Security Report. This report uncovers the new challenges that organizations face regarding credential security in an increasingly AI-driven landscape.

Key Findings of the Report

The findings are based on surveys conducted with 500 IT decision-makers and 1,000 American employees, and they reveal significant insights into the state of credential-related issues:

1. Rising Threats
Over 80% of IT leaders reported a noticeable rise in the volume and sophistication of phishing attacks – a trend that poses significant risks for organizations.
74% of IT leaders believe that AI has heightened the risks associated with password security, and this sentiment is mirrored by 60% of employees who share the same concerns.

2. Impact on Employees
Nearly 40% of employees have reported encountering phishing scams while at work. Furthermore, an overwhelming 96% of IT leaders indicated that they continue to handle credential-related issues, often related to forgotten passwords or employees resorting to weak password practices.
Alarmingly, 50% of employees still share passwords using insecure methods like email or messaging applications such as Slack.

3. The Role of Security Training
Despite businesses implementing security measures, only 45% of employees receive ongoing security training. Those who do demonstrate a reluctance to participate in such training, with many preferring extreme alternatives to avoid it, such as being stuck in traffic or undergoing dental procedures.

4. Shadow IT
The report indicates that single sign-on (SSO) solutions are unable to keep pace with the increased usage of unmanaged applications among employees. Nearly 39% of employees utilize apps not sanctioned by their companies on work devices—a situation that creates a phenomenon known as "shadow credentials," which most enterprises lack the visibility and control to address.

5. Future of Passwords
Looking ahead, there is optimistic anticipation around establishing a passwordless workplace. 76% of IT leaders report that their executive teams are advocating for the adoption of passkey technology, and 77% believe that passwordless solutions will become standard practice within the next three years.

Conclusion

As businesses navigate the multifaceted challenges of AI and security, it becomes evident that implementing comprehensive and integrated strategies is paramount. This includes the promotion of passwordless technologies along with robust detection, responsiveness, and protection measures. Dashlane’s commitment lies in empowering organizations and their employees to become pivotal assets in safeguarding credential security.

For a detailed exploration of the findings, the full report can be accessed on Dashlane’s official website.

About Dashlane

Dashlane is an industry-leading credential security platform dedicated to ensuring safe access and proactively defending against breaches. Trusted by prestigious brands globally, Dashlane's innovative approach combines top-tier security with user-friendly design, striving for inclusivity in securing credentials effectively.