Remote workers, third-party contractors, and business users with personal devices are now accessing privileged accounts every day across the globe. Making sure these users get easy and secure access to the cloud poses ever-growing cybersecurity threats from misuse or abuse by cybercriminals and malicious insiders.
According to the 2020 Verizon Data Breach Investigations Report, for example, cloud data breaches increased to 24 percent of all breaches. Among these cloud breaches, 77 percent involved compromised user credentials. And, according to global security firm McAfee, more than one out of four or 27 percent of organizations using platform-as-a-service (PaaS) has experienced data theft from its cloud infrastructure.