ALISO VIEJO, Calif., Oct. 09, 2018 (GLOBE NEWSWIRE) -- One Identity, a proven leader in helping organizations get identity and access management (IAM) right, today released new global research that uncovers a widespread inability to implement basic best practices across identity and access management (IAM) and privileged access management (PAM) security disciplines -- likely exposing organizations to data breaches and other significant security risks. Conducted by Dimensional Research, One Identity’s “Assessment of Identity and Access Management in 2018” study polled more than 1,000 IT security professionals from mid-size to large enterprises on their approaches, challenges, biggest fears and technology deployments related to IAM and PAM.

Among the survey’s most surprising findings are that nearly one-third of organizations are using manual methods or spreadsheets to manage privileged account credentials, and one in 20 IT security professionals admit they have no way of knowing if a user is fully deprovisioned when they leave the company or change their role. Additionally, a single password reset takes more than 30 minutes to complete in nearly 1 in 10 IT environments.

These and other findings paint a bleak picture of how many organizations approach IAM and PAM programs, indicating that critical sensitive systems and data are not properly protected, user productivity is hindered, and potential threats from mismanaged access remain a major challenge. Additional top findings from the report include:

“Our research revealed a number of shocking findings including extensive sharing of privileged passwords internally and externally, failure to immediately deprovision old user accounts, and spending upwards of 30 minutes to reset a password. These poor practices are incredibly real and concerning risks to any organization, so it’s no surprise that there is a general lack of confidence in the effectiveness of IAM and PAM programs,” said John Milburn, president and general manager of One Identity. “The fact of the matter is that organizations that fail to address these basic IAM and PAM best practices may not only expose themselves to significant security risks, but also drive business productivity down. This research should serve as a wake-up call to organizations to seek out ways to ensure, manage, and secure appropriate access across the entire organization and user population – end users, third parties and administrators.”

Improving IAM and PAM Practices
Stealing user credentials is one of the easiest ways for malicious actors to gain entry into an organization’s network. Among the most coveted accounts are privileged (administrative) accounts, which may grant virtually unlimited access to a company’s IT infrastructure, including its most critical and sensitive systems and data. The more accounts available to bad actors, the more damage can potentially be done, including data breaches and leakage, compliance violations, fines and loss of brand-trust and reputation.

Effective IAM and PAM are critical components to any organizations’ security strategy; but the Assessment of Identity and Access Management in 2018 Study shows businesses are still struggling to do so. One Identity offers an end-to-end suite of access management, identity governance, privileged access management and identity-as-a-service solutions designed to eliminate the complexities and time-consuming processes often required to govern identities, manage privileged accounts and control access.

About the One Identity Assessment of Identity and Access Management in 2018 Study
The One Identity Assessment of Identity and Access Management in 2018 study consisted of an online survey conducted by Dimensional Research of IT professionals in mid-size to large organizations with responsibility for security and who are very knowledgeable about IAM and privileged accounts. A wide variety of questions were asked about experiences and challenges with IAM. A total of 1,005 individuals from the U.S., Canada, U.K., Germany, France, Australia, Singapore and Hong Kong completed the survey.

One Identity offers a free online executive summary of the data in a Key Findings Report. These materials can be found here.

About One Identity
One Identity, a Quest Software business, helps organizations get identity and access management (IAM) right. With a unique combination of offerings including a portfolio of identity governance, access management and privileged management, and identity as a service that help organizations reach their full potential, unimpeded by security yet safeguarded against threats. One Identity has proven to be a company unequalled in its commitment to its customers' long-term IAM success. More than 7,500 customers worldwide depend on One Identity solutions to manage more than 125 million identities, enhancing their agility and efficiency while securing access to their data -- wherever it might reside. For more information, visit http://www.oneidentity.com.

Media contacts
Andrea Ipolyi
One Identity Global PR
+36 1 398 6700
andrea.ipolyi@oneidentity.com

Ali Mapplethorpe
Highwire PR
415-675-1457
oneidentity@highwirepr.com

Beth Smith
Eskenzi PR
0207 183 2843
beth@eskenzipr.com