Stolen usernames and passwords still cause almost a quarter of all data breaches

But the same security mistakes appear to be helping hackers steal data from cloud-based systems time and time again.

And it’s against that gloomy backdrop that a new report by the Cloud Security Alliance, “Identity Solutions: Security Beyond the Perimeter”, makes a worthwhile read.

According to surveys detailed in the Centrify-sponsored report, 22% of respondents whose companies had suffered a data breach said that compromised credentials were to blame. In addition, 65% of respondents indicated that the likelihood their company would experience a future breach due to compromised credentials was medium to high.