top of page
Search

Beyond Symptom Management

  • Writer: Evolve Partners
    Evolve Partners
  • Apr 18
  • 2 min read

Updated: Apr 18

How Evolve's Real-Time Identity Affirmation Revolutionizes Cybersecurity



ree

Global cybersecurity breaches have caused financial losses that have increased dramatically from $445 billion in 2014 to an anticipated $10.5 trillion annually by 2025.


Global Cybersecurity Breach Losses (2014–2028)
Global Cybersecurity Breach Losses (2014–2028)

Organizations worldwide are significantly increasing their cybersecurity spending, with projected expenditures reaching approximately $212 billion by 2024 and losses projected to reach $13.8 trillion by 2028. Assuming a 15% year-over-year increase we can expect losses to hit a staggering USD $42.55 trillion by 2035.


Global Cybersecurity Spending (2014–2030)
Global Cybersecurity Spending (2014–2030)

Historically, intrusion detection and related cybersecurity prevention spending have also grown notably, with Identity Verification and Intrusion Detection and Prevention Systems accounting for a significant portion of the total cybersecurity spend. The Intrusion Detection and Prevention System market is expected to grow from an estimated 5.1 billion in 2024 to 9.1 billion in 2033, at a CAGR of 6.5%. However, these solutions essentially manage symptoms rather than addressing the underlying issue. This situation mirrors the approach of pharmaceutical companies that often prioritize providing medications for chronic conditions, focusing on symptom management to maintain ongoing, profitable treatment rather than investing heavily in the research and development of cures. This profit-driven approach creates a dependency on continuous symptom management rather than providing a permanent resolution.


The Vulnerability of Traditional Authentication Methods


When a single set of credentials can unlock millions of dollars in assets, the stakes are enormous.


  • AI-driven phishing attacks are up 1265% year over year.

  • Stolen passwords fuel 60% of account takeovers.

  • 90% of cyberattacks start with phishing.


Traditional security measures such as usernames, passwords, passkeys, PINs, and even two-factor authentication (2FA) remain inherently vulnerable. These credentials are static tokens that can be stolen, forged, or otherwise compromised, particularly with increasingly sophisticated, AI-driven automated attacks. Cybercriminals leverage advanced algorithms and artificial intelligence to rapidly breach traditional defences, escalating the potential scale and impact of these threats.


Evolve's Methodology: Directly Solving the Problem


Evolve's unique methodology addresses the root cause of cybersecurity threats. Instead of credential-based authentication vulnerable to theft and fraud. Evolve employs attested real-time affirmation, which de-anonymizes the individual attempting to access by directly confirming their identity.


This real-time identity affirmation not only makes it significantly harder for cybercriminals to impersonate legitimate users but also effectively counters AI-driven automated attacks by requiring the actual, verified presence of the individual. By shifting from traditional credential-based authentication toward real-time attested identity affirmation, Evolve effectively eradicates identity-related breaches. This methodology significantly reduces breaches and transforms cybersecurity from reactive symptom management into proactive prevention and genuine risk mitigation.



 
 
 

Comments


bottom of page