Password problems

IT security professionals, ready to move beyond traditional passwords, are interested in authentication alternatives, a new study suggests.

While 95% said they will increase IT security spending this year, 44% said that increase would be more than 20%.

59% report they have had at least one breach, and 24% report they’ve had several.

62% said it costs more to deal with the consequences of an IT security breach than it does to protect data in the first place.

Nearly all report having to deal with this issue, with 37% reporting this happens all the time inside their organizations.

A full 91% expect to see that occur within the next 10 years, with 51% strongly agreeing.

66% report that their organizations are already using additional methods of authentication internally.

A full 97% said new approaches to authentication are reliable, with 53% saying they are very reliable.

Biometrics tops the list, at 34%, followed by two-factor authentication, at 28%.

87% said they have been forced to compromise between IT security and user experience, with 29% reporting this happens all the time.

81% said new technologies can be prohibitive for them to acquire and implement, but only 31% strongly agreed with that sentiment.