Perhaps the most troubling survey finding, however, is that 9 percent of IT leaders could not confidently say whether or not their organisations had been breached at all. This demonstrates a continued, clear lack of visibility within organisations today that not only exposes them to data breaches, but also regulatory fines. For example, organisations found non-compliant face massive fines, which can be 4 percent of global annual revenue, as the General Data Protection Regulation (GDPR) takes effect.
“IT leaders face an uphill battle. Hackers are increasingly more sophisticated and more organised, and governments are adding new layers of complexity with regulations like GDPR,” said Paul Trulove, Chief Product Officer of SailPoint. “Yesterday’s security strategies are simply not sufficient to address these security and compliance requirements. Implementing a comprehensive identity governance program helps organisations answers the critical questions of who has access to what, who should have access to what, and how is that access being used, providing the much-needed visibility into today’s hybrid, constantly evolving IT environment.”
By implementing a comprehensive identity governance strategy that secures and enables identities for all users, across all applications and all data as the cornerstone of modern security and IT operations, enterprises can reduce exposure points and strengthen their overall security posture.