SailPoint Releases Industry’s First Identity Annual Report

SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in enterprise identity governance, today released the 2018 Identity Report, the industry’s first benchmark. In 2017, SailPoint launched a free assessment tool to help identify areas of exposure for companies, which automatically computed an “Identity Score” based on its results. After analyzing hundreds of completed self-assessments and the correlating Identity Scores, SailPoint found that while the majority of organizations have an identity program in place, there is still much work to be done to address holes in their security programs.

To download the report, please visit https://www.sailpoint.com/IdentityReport

“IT leaders are struggling to secure an increasingly complex IT environment, driven by the need to govern a diverse population of users, now including non-human users like software bots, as well as an explosion of both applications and data,” said Kari Hanson, Vice President of Corporate Marketing, SailPoint. “Our goal with the Identity Report, coupled with individual Identity Scores, is to provide IT leaders with a roadmap to systematically improve their security and compliance programs.”

In order to adapt to their own digital transformation, organizations are now starting to put access control front and center in their security strategy to properly monitor who has access to what applications and data. In fact, SailPoint’s Identity Report showed that 54 percent of organizations have an identity program in place.

However, SailPoint’s research found that many organizations are lacking maturity in their governance processes over identities. Just 20 percent of organizations have visibility over all of their users, and 7 percent have no visibility over their users at all. Not only is this a compliance requirement for organizations today, but this puts IT teams in the impossible position of trying to secure what they cannot see.

Further, an overwhelming 88 percent of organizations are not properly governing access to data stored in files, including such common formats as Excel and PowerPoint. In fact, only 1 in 10 organizations is monitoring and governing their users’ access to data in files. By leaving the slew of corporate data stored in files and folders unmonitored and ungoverned, organizations are leaving a gaping hole in their security programs.

While the Identity Report exposes areas of risk, it also highlights an opportunity for most organizations. Today, only 10 percent of organizations have fully automated identity processes in place, although many companies are working toward increased efficiencies. For already-lean IT teams, an identity governance platform provides the visibility and control required to automate employee-driven processes like password management and access request. This frees IT staff to focus on other risk areas and ensures employee productivity.

“The ultimate goal of any identity program is to efficiently deliver access to users, securely and confidently,” continued Hanson. “When enterprises are able to see, understand and govern their users’ access to all business applications and data, they are better protected against potential threats. This turns identity into a business enabler for organizations, helping them to properly secure and govern all of their digital identities at the speed of business today.”

Identity Report Resources:

• To find out how organizations are keeping up with today’s ever-changing security and compliance landscape, download SailPoint’s 2018 Identity Report.
• Join SailPoint and Identropy, who partnered with SailPoint to help create the assessment tool and subsequent evaluation, on January 24, 2019 at 10:00am CST, to receive a deep dive on the 2018 Identity Report. Register here.

SailPoint: The Power of Identity™

SailPoint, the leader in enterprise identity governance, brings the Power of Identity to customers around the world. SailPoint’s open identity platform gives organizations the power to enter new markets, scale their workforces, embrace new technologies, innovate faster and compete on a global basis. As both an industry pioneer and market leader in identity governance, SailPoint delivers security, operational efficiency and compliance to enterprises with complex IT environments. SailPoint’s customers are among the world’s largest companies in a wide range of industries, including: 7 of the top 15 banks, 4 of the top 6 healthcare insurance and managed care providers, 9 of the top 15 property and casualty insurance providers, 5 of the top 13 pharmaceutical companies, and 11 of the largest 15 federal agencies.

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SailPoint, the SailPoint logo, IdentityIQ, IdentityNow, IdentityAI, SecurityIQ and all techniques are trademarks or registered trademarks of SailPoint Technologies Holdings, Inc. in the U.S. and/or other countries. All other products or services are trademarks of their respective companies.

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Contact information

Jessica Sutera, 978-278-5411
Jessica.Sutera@sailpoint.com