The survey conducted by CyberArk and Enterprise Strategy Group (ESG) shows that over 98 percent of Indian enterprises & organizations believe that endpoint security or device trust and identity management are essential to a robust Zero Trust strategy
US-headquartered CyberArk Software, a leading player in the identity security space, has announced findings of a global survey that explores trends in identity security adoption and the relative maturity of organizations embarking on related strategies. Results show that only 9 percent of organizations are taking an agile, holistic and mature approach to securing identities throughout their hybrid and multi-cloud environments.
The report also reveals that over 98 percent of the Indian enterprises & organizations believe that endpoint security or device trust and identity management are essential to a robust Zero Trust strategy, and 47 percent believe the ability to correlate data is critical for effectively securing endpoints.
“Over 98 percent of organizations in India admit to being a victim of identity-based attacks, this percentage is likely much higher as adversaries continue to successfully target and compromise identities at scale,” said Amita Potnis, Director, Brand and Thought Leadership, CyberArk.
“The main focus for organizations looking to adopt a mature holistic identity security strategy is to secure access for all identities – human and machine – by breaking down silos and adopting a consolidated and automated approach for Identity Security. Our research indicates that many have already begun investing in this journey, with 24 percent of organizations committing more than 10 percent of their overall cybersecurity budget their Identity Security programs this year,” elaborated Potnis.
Jack Poller, Senior Analyst, Enterprise Strategy Group (ESG), said, “This research uncovers the relationship between a strong Identity Security strategy and enhanced business outcomes. “More frequent and timely maturity assessments can help ensure the right users have access to the right data, and that organizations can act quickly enough to stop threats before they stop business,” added Poller.
The report features results from a global survey of 1,500 cybersecurity professionals conducted by CyberArk and Enterprise Strategy Group (ESG). Based on survey, the data-driven model identifies 9 percent of organizations as those with the most mature and holistic identity security strategies. These transformative organizations have a well-rounded focus on implementing identity security tools, are inherently agile and display a ‘fail fast, learn faster’ characteristic even in times of a successful cybersecurity attack.
Some 42 percent of all respondents’ identity security programs, however, are in the earliest stage of maturity and lack foundational tools and integrations to quickly mitigate identity-related risk. An expanding identity attack surface, IT complexity and several organizational roadblocks contribute to this widespread Identity Security deficit.
Key findings
- Strategy and Outcome Gap: 60 percent of Indian respondents believe they are making correct Identity Security-related decisions. The gap highlights the perception that overall security can be achieved by making the right technology investments. But that is only part of the story. Strategically maximizing those investments to include implementation and integration with existing
environments, breaking down silos and improved training are equally important. - Disparate Endpoint Data: 98percent of Indian respondents believe that endpoint security or device trust and identity management are essential to a robust Zero Trust strategy, and 47 percent believe the ability to correlate data is critical for effectively securing endpoints.
- Fragmented Efforts: 58percent of organizations globally have two teams responsible for securing identities in the cloud and on-premises and rely on numerous point solutions, making it difficult to understand their real-time security posture.
Qaisar
