Ping Identity Finds Securing the Work from Home Economy Requires Greater Investment in Zero Trust & Identity Security
March 23 2021 - 10:40AM
Business Wire
Global Executive Survey Finds Accelerated
Identity Security Aiming for Better User Experience
The pandemic-driven shift to remote work has significantly
changed how companies are investing in identity and access
management capabilities and Zero Trust security, according to a new
survey from Ping Identity (NYSE: PING), the Intelligent Identity
solution for the enterprise.
The Ping Identity Executive Survey: Growth in Remote Work Fuels
Zero Trust Investment asked more than 1,300 senior executives
across the U.S., U.K., Germany, France and Australia about how the
pandemic has impacted their IT resources and strategies. The survey
found that a large number of companies will continue to have a
majority of their workforce working remotely, prompting an increase
in IT and information security investments in the form of staff and
technology.
Along with increased IT investments, companies are also
consolidating and rationalizing their workforce identity
procedures. Combined, they expect these efforts will address issues
of security and compliance as well as employee productivity to
deliver a superior experience regardless of where work is being
done.
“Business leaders have been faced with an urgent need to invest
more in identity security capabilities to effectively secure
employees and customers in a dispersed work environment,” said
Andre Durand, CEO and founder of Ping Identity. “As this digital
transformation acceleration continues, identity and zero trust need
to be central in all major business decisions to deliver the level
of customer experience expected by modern employees and
customers.”
Read the Ping Identity Executive Survey:
Growth in Remote Work Fuels Zero Trust Investment
Key Global Findings:
Increased Spend on Identity Management
- 85% of executives agree that identity security is critical to
their overall user experience.
- 69% expect to increase investment in identity access management
(IAM) capabilities for their workforce in the next 12 months –
ranging from a high of 79% in the U.S. to a low of 63% in the
U.K.
- 64% estimate that over one half of their workforce is currently
using multi-factor authentication (MFA) as a result of the
pandemic, yet only one third (38%) made the same claim before the
pandemic.
- 60% increased identity related investments like IAM, MFA, and
single sign-on (SSO), due to the shift to remote work.
- 55% invested in new identity security capabilities as a result
of the pandemic.
Majority Adoption of Zero Trust
- 82% of executives have deployed, are actively deploying or
enhancing, or have already established mature Zero Trust
principles.
- 71% believe their investment in Zero Trust will increase over
the next 12 months.
- 37% increased the size of their IT team to support the shift to
remote work. The dramatic jump in remote work also prompted execs
to elevate IT as a strategic priority.
IT Support for Long Term Remote Work
- 70% said the responsibility of security is either the full or
majority burden of IT teams.
- 50% of executives said that failed login attempts were up by
more than 25 percent.
- 47% expect 25% or more of their staff to spend at least three
days out of office in 2022.
Additional Resources:
- Zero Trust: Thinking Outside the Perimeter
- Blog: Remote Work Fuels Zero Trust Investment
About Ping Identity
Ping Identity is the Intelligent Identity solution for the
enterprise. We enable companies to achieve Zero Trust
identity-defined security and more personalized, streamlined user
experiences. The Ping Intelligent Identity™ platform provides
customers, workforce, and partners with access to cloud, mobile,
SaaS and on-premises applications across the hybrid enterprise.
Over half of the Fortune 100 choose us for our identity expertise,
open standards, and partnerships with companies including Microsoft
and Amazon. We provide flexible identity solutions that accelerate
digital business initiatives, delight customers, and secure the
enterprise through multi-factor authentication, single sign-on,
access management, intelligent API security, directory, and data
governance capabilities. For more information, please visit
www.pingidentity.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210323005801/en/
Ping Identity Media Relations Kristin Miller
press@pingidentity.com 720.728.1033
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