SailPoint Technologies, a leader in enterprise identity security, has released the findings from the 2023 edition of its annual research report, the Horizons of Identity Security, at Navigate 2023.
Produced in collaboration between SailPoint and Accenture, a leading global professional services company, the report is based on insights from more than 375 global cybersecurity executives across the Americas, Europe and Asia. The goal was to examine the current state and future direction of the identity security market.
With 90% of cybersecurity breaches being identity-related, identity security is the most important security aspect that every organisation must get right. Yet, findings from the Horizons of Identity Security report show that 44% of companies are still at the beginning of their identity journeys – and, concerningly, even mature companies cover less than 70% of the identities in their organisations through foundational governance capabilities.
However, respondents noted that communicating the business value of identity security to executives is a key challenge. This underscores the need for identity security advocates to build executive-friendly business cases that are tailored to their audiences’ strategic priorities and value-driven mindsets. Identity ecosystems are becoming increasingly complex and a preferred attack vector for threat actors. According to the report findings, on average more than 30% of the identities in an organisation are not properly covered by identity solutions, with particular gaps around third-party identities, machine identities and data. Bringing those identities under the umbrella of a strong identity management programme is essential for breach avoidance.
