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Are you aware of the security and compliance risks your business is facing? Many businesses are operating blindly, putting their infrastructure, customers, and future at stake. According to Vanta’s State of Trust Report 2023, 67% of businesses admit that their level of visibility and compliance needs improvement. Only 4 in 10 rate their visibility as strong. These security gaps leave businesses vulnerable to attacks and can slow down sales cycles and hinder investor attraction.
Vanta’s report, based on interviews with 2,500 security professionals worldwide, reveals the alarming reality of security compliance gaps. These gaps can lead to slower sales and loss of clients over time, especially in the most vulnerable areas of a business, such as identity and access management (IAM). Attackers target these areas because controlling identities means controlling the entire company.