STOCK TITAN

Cisco's Duo Security Report Shows Shift to Remote Work is Accelerating Digital Adoption

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Cisco's Duo Security released the 2020 Duo Trusted Access Report, revealing significant shifts in IT due to remote work. Key findings include a 90% surge in blocked access attempts from outdated devices and a 40% increase in daily authentications for cloud applications. The report emphasizes the need for stronger security measures as 96% of organizations adapted cybersecurity policies during the pandemic. Additionally, cloud adoption is set to outpace on-premises applications by 2021, highlighting the necessity for enhanced remote access solutions.

Positive
  • Monthly authentications surged from 600 million to 900 million, a 50% increase.
  • Daily authentications to cloud applications increased by 40% during the pandemic.
  • 80% of mobile devices used for work now have biometric security configured.
Negative
  • 90% spike in blocked access attempts due to outdated devices in March.
  • Over 30% of Windows devices in healthcare still run the outdated Windows 7.

ANN ARBOR, Mich., Nov. 10, 2020 /PRNewswire/ --

News Summary:

  • Analysis of millions of corporate users, devices and applications details security consequences of massive change in how we work
  • Influx of Bring-Your-Own-Device (BYOD) causes 90% spike in out-of-date devices attempting to access business apps
  • Cloud adoption to surpass use of on-premises applications by 2021

The 2020 Duo Trusted Access Report details the security state of the world's largest and fastest-growing organizations.

A new report published today from Duo Security at Cisco, the leading multi-factor authentication (MFA) and secure access provider, reveals the unprecedented IT change organizations underwent this year amid a massive shift to remote work, accelerating adoption of cloud technology. The security implications of this transition will reverberate for years to come, as the hybrid workplace demands the workforce to be secure, connected and productive from anywhere.

The 2020 Duo Trusted Access Report details how organizations, with a mandate to rapidly transition their entire workforce to remote, turned to remote access technologies such as virtual private networks (VPN) and remote desktop protocol (RDP), among numerous other efforts. As a result, authentication activity to these technologies swelled 60%, helping propel Duo's monthly authentications from 600 million to 900 million per month. A complementary Cisco survey recently found that 96% of organizations made cybersecurity policy changes during the pandemic, with more than half implementing MFA.

Cloud adoption also accelerated. Daily authentications to cloud applications surged 40% during the first few months of the pandemic, the bulk of which came from enterprise and mid-sized organizations looking to ensure secure access to various cloud services.

As organizations scrambled to acquire the requisite equipment to support remote work, employees relied on personal or unmanaged devices in the interim. Consequently, blocked access attempts due to out-of-date devices skyrocketed 90% in March. That figure fell precipitously in April, indicating healthier devices and decreased risk of breach due to malware.

"As the pandemic began, the priority for many organizations was keeping the lights on and accepting risk in order to accomplish this end," said Dave Lewis, Global Advisory CISO, Duo Security at Cisco. "Attention has now turned towards lessening risk by implementing a more mature and modern security approach that accounts for a traditional corporate perimeter that has been completely upended."

Report findings also include:

  • So Long, SMS - The prevalence of SIM-swapping attacks has driven organizations to strengthen their authentication schemes. Year-over-year, the percentage of organizations that enforce a policy to disallow SMS authentication nearly doubled from 8.7% to 16.1%.

  • Biometrics Booming - Biometrics are nearly ubiquitous across enterprise users, paving the way for a passwordless future. Eighty percent of mobile devices used for work have biometrics configured, up 12% the past five years.

  • Cloud Apps on Pace to Pass On-Premises Apps - Use of cloud apps are on pace to surpass use of on-premises apps by next year, accelerated by the shift to remote work. Cloud applications make up 13.2% of total Duo authentications, a 5.4% increase year-over-year, while on-premises applications encompass 18.5% of total authentications, down 1.5% since last year.

  • Apple Devices 3.5 times More Likely to Update Quickly vs. Android - Ecosystem differences have security consequences. On June 1, Apple iOS and Android both issued software updates to patch critical vulnerabilities in their respective operating systems. iOS devices were 3.5 times more likely to be updated within 30 days of a security update or patch, compared to Android.

  • Windows 7 Lingers in Healthcare Despite Security Risks - More than 30% of Windows devices in healthcare organizations still run Windows 7, despite end-of-life status, compared with 10% of organizations across Duo's customer base. Healthcare providers are often unable to update deprecated operating systems due to compliance requirements and restrictive terms and conditions of third-party software vendors.

  • Windows Devices, Chrome Browser Dominate Business IT - Windows continues its dominance in the enterprise, accounting for 59% of devices used to access protected applications, followed by Mac OS X at 23%. Overall, mobile devices account for 15% of corporate access (iOS: 11.4%, Android: 3.7%). On the browser side, Chrome is king with 44% of total browser authentications, resulting in stronger security hygiene overall for organizations.

  • UK and EU Trail US in Securing Cloud - United Kingdom and European Union-based organizations trail US-based enterprises in user authentications to cloud applications, signaling less cloud use overall or a larger share of applications not protected by MFA.

These are just a few of many findings in the 2020 Duo Trusted Access Report. To download the report, please visit http://duo.sc/tar-2020.

Additional resources:

About The 2020 Duo Trusted Access Report
The annual Duo Trusted Access Report details the security state of thousands of the world's largest and fastest-growing organizations. The report examines 26 million devices used for work and 700 million user authentication events per month to more than 500,000 unique corporate applications, based on de-identified and aggregated data from Duo's customer base. To view the report, please visit http://duo.sc/tar-2020.

About Duo Security
Duo Security, now part of Cisco, is the leading multi-factor authentication (MFA) and secure access provider. Duo comprises a key pillar of the Cisco Zero Trust offering, the most comprehensive approach to securing access across IT applications and environments, from any user, device, and location. Duo is a trusted partner to more than 25,000 customers globally, including Bird, Facebook, Lyft, University of Michigan, Yelp, Zillow and more. Founded in Ann Arbor, Michigan, Duo has offices in Austin, Texas; San Francisco, California; and London. Try it for free at Duo.com.

About Cisco 
Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ciscos-duo-security-report-shows-shift-to-remote-work-is-accelerating-digital-adoption-301169277.html

SOURCE Cisco Systems, Inc.

FAQ

What does the 2020 Duo Trusted Access Report by Cisco reveal?

The report reveals significant shifts in IT due to remote work, highlighting increased authentication demands and security challenges.

How much did cloud application authentications increase according to Cisco's report?

Daily authentications for cloud applications surged by 40% during the initial months of the pandemic.

What major security trend is noted in the Cisco report?

The report notes a near doubling of organizations disallowing SMS for authentication, increasing from 8.7% to 16.1%.

What impact has remote work had on device security?

The report indicated a 90% spike in blocked access attempts from outdated devices during March.

What percentage of organizations adopted multi-factor authentication during the pandemic?

More than half of organizations implemented multi-factor authentication as part of their cybersecurity policy changes.

Cisco Systems, Inc.

NASDAQ:CSCO

CSCO Rankings

CSCO Latest News

CSCO Stock Data

229.53B
3.98B
0.06%
79.16%
1.57%
Communication Equipment
Computer Communications Equipment
Link
United States of America
SAN JOSE