The IT Security Leaders’ Breakfast

2023 identity security threat landscape: Navigating the risks of cyber debt

In 2023, the identity security threat landscape has evolved, leading to a dramatic increase in what’s known as ‘cyber debt’. This occurs when an organisation’s digital transformation and cloud initiatives outpace their cybersecurity investments, creating a security gap. As a result, the organisation’s identity integrity becomes susceptible to breaches, amplifying the cyber risk.

The identity threat has magnified beyond the traditional IT infrastructure, reaching into digital and cloud realms. The emphasis is now moving from simply defending the perimeter to preserving the integrity of multiple distributed identity sources. As such, it is the risk to identities, rather than the expanded attack surface, that has become the paramount concern in the world of cybersecurity. As a consequence of this shifting focus, the amplified cyber debt results in an increased risk of identity theft and associated cybercrimes. Therefore, it is critical that organisations prioritise their cybersecurity investments towards protecting identities during their digital transformations to mitigate the escalating risks in the rapidly evolving 2023 identity security threat landscape.

• How is the concept of cyber debt reshaping the way organizations approach their digital transformation strategies in 2023?
• What strategies and technologies are companies implementing to secure their cloud infrastructure as well as endpoint users?
• What new technologies or innovations can organizations adopt to enhance their cybersecurity posture amidst growing cyber debt and an expanded attack surface?