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Report: Identity Crisis: The Biggest Prize in Security | A Contrary Research Deep Dive

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Have a different take on our research? Want to contribute to this piece? Send our research team a note. Email us This is the fourth and final post in our series on cybersecurity, with previous posts including Unlocking the Cybersecurity Landscape, The Era of Endpoints, and Taking The Fight To The Cloud. With this report, we take an in-depth look at the identity security landscape today and its future outlook. Rak Garg: Principal @ Bain Capital Ventures. Rak leads BCV’s investments in cybersecurity and AI from idea to IPO. Before investing, Rak led product management for security & administration at Atlassian, where he was on the founding team of Access, a leading cloud identity governance product. Rak is a prolific author about security on Substack. Kyle Harrison: General Partner @ Contrary. Kyle leads Contrary’s investing efforts for companies at Series A and beyond. He’s previously worked at firms like Index and Coatue investing in companies like Snyk, GitLab, OneTrust, Wiz, and othe

Actionable Summary Perimeter erosion created serious trust issues within the security community. If you can’t trust the messages you’re getting, you have to trust the person sending them. That means you have to figure out who the person is, why they’re trying to interact with you, and whether or not you should open that message. As of 2023, 75% of security breaches are caused by mismanaged identity, access, or privileges. One 2020 report found that 79% of organizations had an identity-related breach within the previous two years. If issues related to identity could be solved once and for all,

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