Omada A/S (Omada), a global leader in Identity Governance and Administration (IGA), has released its State of Identity Governance Report 2024, examining the IT and business leaders’ perspectives on identity threats and solution choices.
As Digital Transformation and hybrid work converge, identity and access management procedures have become more complex. A successful approach to identity governance must strike a balance between enhancing an organisation’s security and facilitating business agility in the context of end-user workflows. Over-permissioned accounts expand the attack surface, increase risk and lead to the potential for more breaches.
Omada surveyed senior IT and security leaders at 567 US-based enterprises with more than 1,000 employees to learn more about their concerns around identity and how they are currently tackling these challenges.
Among the findings:
- Over 95% of respondents said they were gravely concerned about identity-related threats.
- 72% said their organisation’s users have unnecessary access and overly permissive accounts.
- 61% ranked ‘adaptability to an organisation’s requirements’ among what they consider the five most important capabilities of an IGA solution; 53% ranked Generative AI among the top five.
- 86% said their organisations were more likely to choose a best-of-breed identity and access management (IAM) solution rather than a platform vendor that may not offer robust capabilities across the board.
Identity governance is essential to enhance visibility and streamline provisioning without hindering employee productivity. Overall, as the threat landscape widens and the number of identities proliferates, more organisations are looking to adopt solutions that tightly integrate with an identity fabric approach.
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