Identity and Access Management (IAM) Statistics


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Identity and Access Management (IAM) Statistics 2023: Facts about Identity and Access Management (IAM) outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Identity and Access Management (IAM), and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Identity and Access Management (IAM) Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top Identity and Access Management (IAM) Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 35 Identity And Access Management (Iam) Statistics on this page 🙂

Identity And Access Management (IAM) “Latest” Statistics

  • In 60% of medium-sized companies, a hack affected 250-5000 employees who requested remote work from their coworkers. 56% had the theft of their credentials, and 48% had social engineering incidents like phishing.[1]
  • Credentials are taken using social engineering or attacked using brute force in 61% of all incidents.[1]
  • According to 71% of firms with a data breach, better security awareness training for users may have stopped the intrusion.[1]
  • Since they started working from home, 73% of employees have gotten no cybersecurity awareness training from their company.[1]
  • Attack protection is the main reason people employ passwordless MFA, with 91% of firms stating that it is crucial to avoid credential theft and phishing attempts.[1]
  • 99% of respondents to the IDSA who had experienced an identity-related breach believed such attacks could be avoided.[1]
  • 79% of firms have had a data breach in the last two years, accounting for 94% of all breaches.[1]
  • A cybersecurity insiders poll found that when enterprises are considering investing in an IAM solution, ease of integration ranks first (72%), followed by end-user experience (62%) and product performance and effectiveness (61%).[1]
  • 50% of firms do not have a policy on the security needs of their remote employees despite the hazards provided by remote and hybrid work.[1]
  • Customer records are seen to be the most susceptible sort of data in the age of remote work, according to a further study on data breaches, which also revealed that 55% of firms are concerned about safeguarding customer records from cyberattacks.[1]
  • According to another study, 44% of security experts think their present security holes will be filled by an identity and access management solution.[1]
  • Only 34% of companies with an innovative security culture reported an identity-related breach last year.[1]
  • Interestingly, user experience follows this and is cited by 64% of enterprises as a factor in the importance of passwordless MFA.[1]
  • 25% of cybercrime victims in the U.S. and UK are managers or company owners, and 34% of identity-related breaches in the last two years included the compromise of privileged user accounts should not come as a surprise.[1]
  • Only 35% of those who mandate worker authentication also mandate multifactor authentication.[1]
  • Currently, firms use 51 business critical apps on average, and 56% of them may be accessed using mobile devices.[1]
  • Only 38% of businesses utilize MFA to protect their privileged accounts, and 49% of businesses have at least one person with access rights above what is necessary to perform their duties.[1]
  • Access to crucial company systems has expanded thanks to remote working by 59% during the last year.[1]
  • Hackers took advantage of the uncertainty caused by the pandemic to increase the number of reported occurrences of Trickbot during the first half of 2020, accounting for 47% of all reported incidents worldwide in Q1.[1]
  • In a recent poll by the Center for Strategic & International Studies, over 80% of employers bemoaned the talent gap and said it had a direct negative impact on their businesses.[2]
  • Identities and access management report analyses claim that automated solutions may save a company’s costs by over 17%.[2]
  • In 2021, the industry’s value might climb by around 15% and more than 65% over the following five years.[2]
  • In a JumpCloud-sponsored poll, 77% of firms aim to raise investments, while 97% plan to maintain current expenditure levels.[2]
  • Over 70% believe that operational effectiveness should not take precedence over security.[2]
  • Over 40% of the CEOs polled by Gilligan anticipate that at least half of their staff members will continue to work from home in more typical conditions.[2]
  • At least 43% of business owners are looking for novel technologies to boost automation.[2]
  • 47% of business owners want innovative solutions to guard against data intrusions.[2]
  • Approximately 90% of the firms questioned the use of access control as part of their overall risk management plan.[2]
  • Only 21% of firms have multifactor authentication for privileged administrative access, while only 48% have password vaults.[3]
  • According to Privileged Access Management in the Modern Threatscape, privileged credential misuse is the starting point for 74% of data breaches.[3]
  • Data breaches impact almost 90% of financial organizations, and 60% of those incidents include identity theft.[4]
  • The Asia Pacific market is expected to increase by over 15% by 2025 because of increasing business digitalization and the quick uptake of cutting-edge technologies like IoT and cloud computing.[4]
  • The cloud-based identity access management market is predicted to expand at a CAGR of over 16% throughout the forecast period because of its many advantages, including economies of scale, the absence of the need for hardware deployment, lower costs, and easier administration.[4]
  • Identity and access management’s market share is expected to grow at a 10% CAGR from 2019 to 2025.[4]
  • Getting rid of weak passwords, stolen default, or weak passwords is to blame for more than 80% of data breaches.[5]

Also Read

How Useful is Identity and Access Management Iam

At its core, IAM is all about controlling and managing the identities and access rights of individuals within an organization. By granting appropriate levels of access to employees, partners, and customers based on their roles and responsibilities, IAM helps organizations protect their data from unauthorized access and ensure that only those who need access to specific resources can do so.

One of the key benefits of IAM is that it helps organizations enforce compliance with regulatory requirements and internal security policies. By implementing IAM solutions, organizations can ensure that access controls are in place to prevent unauthorized access to sensitive data. This is especially important in industries like healthcare and finance where strict compliance regulations govern the protection of sensitive information.

IAM also simplifies the management of user identities by providing a centralized platform for user authentication and access control. This means that IT departments can easily manage and monitor user accounts, assign roles and permissions, and track user activity to detect any suspicious behavior. This kind of visibility is crucial for IT security teams to effectively respond to security threats and prevent data breaches.

Moreover, IAM helps organizations improve their overall security posture by reducing the risk of insider threats and human error. By implementing strong authentication measures and access controls, organizations can minimize the chances of unauthorized users gaining access to sensitive information or inadvertently leaking confidential data. IAM also enables organizations to quickly revoke access rights when an employee leaves the organization or changes roles, ensuring that former employees no longer have access to critical systems and data.

In addition to improving security and compliance, IAM also offers operational efficiency benefits. By automating user provisioning and de-provisioning processes, IAM helps organizations streamline user management tasks and reduce the administrative burden on IT teams. This allows IT staff to focus on other strategic initiatives that drive business growth and innovation.

Overall, IAM is an essential component of any organization’s cybersecurity strategy. By providing a robust framework for controlling and managing user identities and access rights, IAM helps organizations protect their data, enforce compliance, and improve operational efficiency. As the digital landscape continues to evolve and cybersecurity threats become more sophisticated, investing in IAM solutions will be critical for organizations looking to safeguard their information assets and maintain a strong security posture.

Reference


  1. expertinsights – https://expertinsights.com/insights/50-identity-and-access-security-stats-you-should-know/
  2. identitymanagementinstitute – https://identitymanagementinstitute.org/identity-and-access-management-market-report-2021-and-beyond/
  3. forbes – https://www.forbes.com/sites/louiscolumbus/2019/03/30/5-things-every-executive-needs-to-know-about-identity-and-access-management/
  4. gminsights – https://www.gminsights.com/industry-analysis/identity-and-access-management-market
  5. imperva – https://www.imperva.com/learn/data-security/iam-identity-and-access-management/

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