Cyber threats continually evolve, and hackers often find new vulnerabilities before corporate IT teams do. Unfortunately, this leaves the door open for malicious actors to steal sensitive information—or demand a ransom payment to unlock essential systems.

Additionally, the frequency of these attacks—and the time and money lost to them— shows no signs of slowing down. Ransomware attacks, for one, grew by 41% between 2021 and 2022, according to the 2022 IBM Cost of a Data Breach Report. Meanwhile, the second most common cause of cyberattacks, lost or compromised credentials, continues to be the toughest to sp