According to the Verizon DBIR 2019, 82% of hacking-related breaches still involve compromised and weak credentials. Regardless of attack type, 43% of all breaches involved the use of a user’s stolen credentials.
In the Office of the Australian Information Commissioner’s (OAIC) quarterly report, published on 27/08/2019, Education was ranked 4th and accounted for 23 of the overall reported data breaches. The top 5 sectors contributed a total of 151 breaches. Ten of the 23 reported breaches in Education were directly linked to compromised or stolen credentials via Phishing or unknown means.
Costly data breaches shouldn’t be a part of your annual security budget. Greatly eliminate the risk of data breaches by implementing trusted cybersecurity measures that prioritize IT, users, and your organization.
- An enterprise password management(EPM) and single sign-on (SSO) solution can reduce the risk of exposure to those in the education sector and drive greater cyber awareness amongst staff, faculty and students.
- EPM provides greater visibility to security and IT teams into password habits across the university and enables them to enforce enterprise-wide password policies, ensuring everyone follows best practices.
- SSO provides the opportunity to put all applications across the campus behind one login, removing the need to physically sign in to every application, resulting in lower password reuse and password resets for students and staff alike.
LastPass Business delivers EPM and SSO side by side via a user experience loved and trusted by over 33 million people worldwide. Providing an easy-to-use user experience across EPM and SSO for staff and students while providing the support the IT team requires to help reduce the risk of a data breach and increase cyber security awareness