SailPoint Research Finds Cybersecurity Doors Left Ajar in the Race to Remote Work
November 18 2020 - 6:00AM
Business Wire
International survey identifies looming
security threats in today’s digital acceleration
SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader
in identity security, today released an international study
revealing security pitfalls that stem from remote work. The human
workforce always comes with a certain security risk level, as
hackers continue to target people as the enterprise's weak link.
Yet, with the COVID-19 shutdowns, and the subsequent need to enable
remote work by opening up access to entire workforces, many
organizations inadvertently opened the door to expansive risk. The
survey uncovered several security threats with every worker whose
access was freely granted without proper security controls in
place, including phishing attempts, using personal devices for work
and vice versa, and sharing passwords with friends and family.
Read the full SailPoint report “The Cybersecurity Pandora's
Box of Remote Work” by visiting:
https://www.sailpoint.com/identity-library/the-cybersecurity-pandoras-box-of-remote-work/.
“When the pandemic began, businesses had to flip a switch to
enable remote work nearly overnight. In this rush, many companies
focused on granting access, skipping over the securing of that
access. This resulted in an explosion of unsecured technology
access across the business," said Juliette Rizkallah, CMO,
SailPoint. "You cannot do business today without technology, and
you cannot securely use technology without identity security.
Companies are recognizing how foundational identity security is to
their business as we continue to work from home. Those who had
identity security in place were set up for success, while those
without strong identity security programs found themselves in an
unexpected risk management time crunch.”
SailPoint's survey engaged a representative sample size of
consumers 18+ across the United States, the United Kingdom, France,
Germany, Australia, and New Zealand, digging into seemingly
innocent overlaps that a newly remote employee may experience
during life working from home. While the COVID-19 pandemic is the
worst health crisis seen in nearly a century, bad actors view it as
a way into a company. Nearly half (48%) of total U.S. respondents
said they had experienced targeted phishing emails, calls, or texts
in a personal or professional capacity during the first six months
of remote work. Similarly, over half of EMEA and ANZ respondents
(51%) experienced a phishing attack since the pandemic began, with
one in ten (10%) reporting they were targeted by one or more a
week.
Rizkallah commented, “In the case of phishing, hackers target
employees with malicious links embedded in carefully crafted
emails. Upon clicking, employees unknowingly download keylogging
software onto their PC providing their credentials to malicious
actors. A hacker can then freely access important business assets
and data, masquerading as a legitimate employee. With identity
security, suspicious user behavior anomalies such as large data
downloads, or after-hours activity, can be quickly spotted and
remediated by making users change their password or by revoking
access until anomalies are analyzed and cleared.”
As the lines between home, work, and school fade, so too have
the barriers businesses put in place to keep employee’s personal
and professional information secure. The SailPoint survey found 1
in 3 U.S. employees and half of employees in EMEA, Australia, and
New Zealand use their own computers and smartphones to work
remotely. SailPoint's findings also show that password sharing has
become more commonplace within households during the pandemic. 1
out of 4 respondents shared work passwords with a third-party,
including partners, roommates, or friends.
Rizkallah concluded, “Sharing passwords across work and personal
accounts can lead to multiple systems to be compromised. Once a
hacker has those credentials, they can walk right into the
corporate network. Access needs constant protection no matter how
the workforce evolves, it is not enough to simply grant it. With so
many new tools, platforms, databases, cloud infrastructures, and
more that makeup today's digital enterprise, every organization
today requires a scalable and dynamic identity solution to protect
every worker and every access point they have to sensitive business
assets no matter the device or location they choose to work
from—office or home.”
About SailPoint
SailPoint, the leader in identity security, delivers an
innovative approach to securing access across the enterprise with
the SailPoint Predictive Identity™ platform. With SailPoint,
enterprises can ensure that everyone and everything has the exact
access they need, exactly when they need it, intuitively and
automatically. Powered by patented Artificial Intelligence (AI) and
Machine Learning (ML) technologies, the SailPoint Predictive
Identity™ platform is designed to securely accelerate the business
while delivering adaptive security, continuous compliance and
improved business efficiency. As an identity pioneer and market
leader serving some of the world's most prominent global companies,
SailPoint consistently pushes the industry to rethink identity to
the benefit of their customers' dynamic business needs.
Stay up-to-date on SailPoint by following on Twitter and
LinkedIn and by subscribing to the SailPoint blog.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201118005301/en/
Media Inquiries: Jessica Sutera, 978-278-5411
Jessica.Sutera@sailpoint.com
SailPoint Technologies (NYSE:SAIL)
Historical Stock Chart
From Mar 2024 to Apr 2024
SailPoint Technologies (NYSE:SAIL)
Historical Stock Chart
From Apr 2023 to Apr 2024