Canada’s Identity Theft Worries Mount with AI Progression, Okta Survey Finds - Seite 2

This discrepancy highlights a concerning gap in Canadians’ perception of cybersecurity risks, particularly in their professional lives. Neglecting the security of work credentials and email accounts, which are often gateways to sensitive data, could leave individuals and organizations vulnerable to sophisticated cyberattacks. 

Compounding this challenge is the widespread practice of reusing passwords across personal and work accounts. This practice heightens the risk of identity theft, as a compromise in one set of credentials could potentially grant access to personal and work-related information, magnifying the potential consequences of a security breach.

While MFA is a start, going passwordless is key
The survey found that the majority of Canadians see value in taking precautions to protect themselves. Over 70 per cent of Canadians rank being cautious about sharing their personal information as the primary step they take against digital threats, with over 60 per cent using multi-factor authentication (MFA). 

While MFA is a mainstay for combating identity-based attacks, its effectiveness is often limited to the point of login. Consumers and organizations alike need to expand their security measures as AI-based attacks become more sophisticated. 
Leveraging passwordless technology is a critical piece to protecting identities from AI attacks. Passwordless flows are inherently phishing resistant, as there are no passwords for bad actors to intercept. Removing passwords from the authentication process is not only more secure, but also saves users time, reduces frustration, and lowers login failure rates.

“Canadians require access to robust identity tools, comprehensive education on recognizing and responding to cyber threats, and proactive measures to safeguard their personal information,” emphasized Kagan. “By adopting passwordless authentication, organizations can effectively manage a range of security risks while enhancing the customer experience, ultimately safeguarding the personal information of Canadians.”

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About Okta
Okta is the World’s Identity Company. As the leading independent Identity partner, we free everyone to safely use any technology—anywhere, on any device or app. The most trusted brands trust Okta to enable secure access, authentication, and automation. With flexibility and neutrality at the core of our Okta Workforce Identity and Customer Identity Clouds, business leaders and developers can focus on innovation and accelerate digital transformation thanks to customizable solutions and more than 7,000 pre-built integrations. We’re building a world where Identity belongs to you. Learn more at okta.com.

About the survey
*The survey was conducted by Okta among members of the Angus Reid Forum. The survey was conducted between December 19 and 21, 2023. There were 1,500 Canadians surveyed online across Canada. 

CONTACT:  Agustina Ruiz,  Corporate Communications Manager, Americas  
Okta
[e-mail]