Source URL: https://abnormalsecurity.com/blog/account-takeovers-security-leaders-share-concerns
Source: CSA
Title: Survey Reveals Cloud Account Takeover Threats & Concerns
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**Summary:** The text discusses the rising threat of account takeover (ATO) attacks in the cloud application ecosystem, highlighting the challenges security professionals face in preventing these threats. A survey of over 300 industry professionals reveals that ATOs are considered a top cybersecurity concern, with many lacking confidence in existing prevention measures like multi-factor authentication (MFA) and single sign-on (SSO). The report emphasizes the need for better integration and solutions to improve defenses against ATOs.
**Detailed Description:**
The text provides a comprehensive overview of the growing concern regarding account takeover (ATO) attacks and the challenges faced by security stakeholders in preventing these incidents:
– **Account Takeover Prevalence:**
– ATOs are reported as the leading cybersecurity concern, surpassing other threats like ransomware and spear phishing.
– A staggering 83% of survey participants experienced an ATO incident in the past year, with many organizations facing multiple attacks.
– **Challenges in Existing Security Measures:**
– Despite a strong focus on prevention, only 37% of respondents are confident in MFA effectiveness against ATOs, particularly given an increase in MFA bypass tactics.
– Single sign-on (SSO) is even less trusted, with 65% expressing doubt about its protective capabilities due to ease of lateral movement for attackers.
– **Obstacles to Effective Defense:**
– Survey participants cited concerns about potential business disruptions as the top reason hindering ATO prevention efforts.
– Insufficient automation, integration, and visibility in current security solutions are also significant barriers.
– **Desire for Improved Security Solutions:**
– More than half of participants aim to enhance integration among existing security tools, indicating a need for a cohesive approach to tackle ATO threats.
– The most desired attributes of an effective ATO defense solution include:
– Accuracy in detection and prevention (66%)
– Ease of integration with current tools (58%)
– Coverage across all applications (57%)
– Simplicity of deployment (46%)
Key Insights for Security Professionals:
– Security teams must adapt to the evolving landscape of ATO threats, improving their visibility and integration capabilities.
– There is an urgent call for innovative solutions that provide comprehensive protection across diverse cloud applications.
– As ATO attacks continue to rise, enhancing the security posture against them will require a strategic overhaul of existing tools and methodologies.