PRESS RELEASE
AUSTIN, Texas – Oct. 10, 2023 – SailPoint Applied sciences, Inc., a frontrunner in enterprise identification safety, at present launched the findings from the 2023 version of its annual analysis report, ‘The Horizons of Id Safety,’ at Navigate 2023. Produced in collaboration between SailPoint and Accenture, a number one world skilled providers firm, the report relies on insights from greater than 375 world cybersecurity executives throughout the Americas, Europe and Asia. The objective was to look at the present state and future path of the identification safety market.
With 90% of cybersecurity breaches being identification associated, identification safety is an important safety side that each group should get proper. But, findings from the Horizons of Id Safety report present that 44% of corporations are nonetheless at first of their identification journeys. And, concerningly, even mature corporations cowl lower than 70% of the identities of their organizations by foundational governance capabilities. Nevertheless, respondents famous that speaking the enterprise worth of identification safety to executives is a key problem. This underscores the necessity for identification safety advocates to construct executive-friendly enterprise instances which can be tailor-made to their audiences’ strategic priorities and value-driven mindset.
A worrying 77% of respondents point out that “restricted govt sponsorship or focus” is a major impediment to funding in identification safety, second solely to budgetary constraints (91%). Nevertheless, report findings clearly display {that a} sturdy identification safety program can energy enterprise agility and innovation, danger mitigation, effectivity positive factors, and development of tech initiatives. For instance, it could speed up organizational change by as a lot as 30% by faster integration of identities, functions, information and infrastructure.
“A powerful identification safety program can generate actual worth for at present’s organizations, however that worth isn’t all the time apparent to enterprise stakeholders,” stated Matt Mills, President of Worldwide Area Operations, SailPoint. “In at present’s menace panorama, stopping only one breach can save hundreds of thousands of {dollars} in misplaced income, regulatory fines, and reputational injury. It’s essential for safety groups to have the knowledge they should talk their wants in an outcomes-based means. Specializing in the enterprise worth that identification safety drives goes to resonate finest with executives and assist them perceive the urgent must speed up their identification maturity in the event that they need to keep away from changing into the following main sufferer.”
Id ecosystems have gotten more and more complicated and a most well-liked assault vector for menace actors. Based on the report findings, on common greater than 30% of the identities in a company are usually not correctly lined by identification options, with explicit gaps round third-party identities, machine identities and information. Bringing these identities below the umbrella of a robust identification administration program is crucial for breach avoidance. Foundational safety capabilities speed up incident response, forestall unhealthy actors from authenticating into inner techniques and restrict extreme entry rights for workers — which survey respondents chosen as the most typical safety deficiency enabling breaches.
Amongst different notable findings within the report was the truth that AI-based options have confirmed to be a potent accelerator, serving to companies add superior new capabilities and drive larger agility. Encouragingly, the report reveals a rising variety of organizations are exploring AI-backed dynamic belief fashions to evolve entry primarily based on consumer conduct. The findings additionally present that corporations leveraging SaaS, AI and automation scale a notable 10-30% quicker and get extra worth for his or her safety funding by elevated functionality utilization. Extra particularly, an identification platform leveraging automation and AI permits corporations to scale identity-related capabilities as much as 37% quicker than corporations with out AI enablement.
“Organizations are going through unprecedented challenges in terms of managing their complicated identification environments and big information units,” stated Damon McDougald, the worldwide Safety Digital Id lead at Accenture. “Whereas superior applied sciences like synthetic intelligence and generative AI are making it simpler to expedite, handle and scale identification safety initiatives many organizations are nonetheless in the beginning of their journeys. Organizations ought to view this as a chance to speed up their identification maturity timetable and set up a basis for a safe digital transformation.”
Adoption Evaluation device
SailPoint is launching a brand new adoption evaluation device that may assist organizations assess their present capabilities, in addition to how they stack up towards their friends. The device may also help companies establish what their best obstacles to stronger identification safety are, and the way they will generate larger enterprise worth by investing in identification. To entry the adoption evaluation device, click on right here.
SailPoint’s flagship ‘Navigate: Id Safety Accelerated’ convention kicks off in Austin, Texas on October 9th, and might be adopted by a collection of world occasions in London, Singapore, Sydney, Washington DC, Toronto and São Paulo. To register, go to the Navigate web site.
2023 Horizons of Id Safety Sources
- To obtain a replica of the 2023 Horizons of Id Report, click on right here.
- Learn extra in regards to the report’s prime findings on this SailPoint weblog.
- For a snapshot of the report’s key findings, click on right here.
- To reference the 2022 Horizons of Id Report or take the maturity evaluation, click on right here.
About SailPoint
SailPoint is a number one supplier of identification safety for the fashionable enterprise. Enterprise safety begins and ends with identities and their entry, but the flexibility to handle and safe identities at present has moved properly past human capability. Utilizing a basis of synthetic intelligence and machine studying, the SailPoint Id Safety Platform delivers the appropriate stage of entry to the appropriate identities and assets on the proper time—matching the size, velocity, and environmental wants of at present’s cloud-oriented enterprise. Our clever, autonomous, and built-in options put identification safety on the core of digital enterprise operations, enabling even probably the most complicated organizations throughout the globe to construct a safety basis able to defending towards at present’s most urgent threats.