Nine out of 10 IT teams are better funded than they were last year
Alex Kotliarskyi via Unsplash
A recent Omada report found that 95% of IT leaders see identity security as an important part of their cybersecurity strategy, with more than 86% expressing concern about the risks of identity-related threats.
Nine out of 10 respondents said the teams/resources responsible for IT security in their organizations are better funded than they were a year ago. At the same time, 64.4% respondents said they've purchased cyber liability insurance to help offset the costs of a data breach.
More than half of respondents cited time-consuming manual processes as either the first or second issue driving their organization's IGA investment. As a result, AI and automation are key attributes that leaders look for when evaluating potential solutions, with Generative AI capabilities emerging as a top criterion.
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