How the Connected Enterprise WillCreate a $47B Identity Security Market

How the Connected Enterprise WillCreate a $47B Identity Security Market

Traditional Internet securities have been rendered ineffective as today’s cloud-connected, mobile world demands a new approach to business security. Enterprises must be able to safely manage and provide access to an array of applications and networks across a wide range of devices and

access points.

Sources: Ponemon | IBM | Verizon Enterprise

These 3 realities reveal a gaping hole inperimeter-focused security solutions:

57%

believe threats slip by their installed security systems.70%

This new federated business environment demands continuous access to information regardless of what device is being used and whether we are on public or private networks.

Ping Identity is solving the security and identity problem at the infrastructure level by replacing legacy stacks for enterprises shifting their emphasis toward cloud and mobile platforms.

Business Is Now Truly ConnectedBusiness Is Now Truly ConnectedFuture workflow is built on decentralized app and network management as identity and user attributes enable access across a wide range of devices and entry points, rather than the firewall.

Traditional Security Falls ShortTraditional Security Falls ShortThe dynamic IT environment is too broad to protect with static measures.

76% of network intrusions exploit weak or stolen passwords.

Using Next Gen Identity, companies are transforming the way they work, partner, and interact with customers.By authenticating user identity rather than protecting the endpoint, companies can enable secure access to any application

from any device, anywhere—meeting the needs of the modern enterprise.

Executives traveling to foreign countries are accessingcorporate servers through unsafe networks.

Employees are using mobile devices to log into corporatesystems through single sign-on apps that were affected byHeartbleed, such as Google and Yahoo.

Even within their own firewalls, employees are clicking onmalicious links, allowing hackers to bypass the networkand access sensitive server data.

$6B$6B

$47B$47BWith this demand for secure access, the identity and access management market has skyrocketed seemingly overnight.

An Identity Perimeter ApproachAn Identity Perimeter ApproachIdentity is the new perimeter in the cloud’s virtual, mobile, and software-defined world. As businesses become increasingly connected, Next Gen Identity security is set to grow nearly 7x in 2014.

Today’s Enterprises Need Modern SecurityToday’s Enterprises Need Modern SecurityAs the number of attacks and breaches continues to increase, CIOs are seeking ways to keep their corporate data safe in the evolving IT security stack and minimize the resulting productivity loss for employees.

60% of corporate IT managers say theirgreatest worries stem from employeesconnecting personal devices to thecorporate network.

53% of organizations trust sensitive orconfidential data to the cloud.

49% don’t know how their cloudproviders secure customer data.

53% 49% 60%

In the last year, the average total databreach cost increased 15% to $3.5M.

90% of organizations often unexpectedlylose access to critical systems, costing$1 million+ in downtime.

According to a recent Experian researchreport, data breaches are among thetop 3 issues that affect customersentiment toward brands.

Security that targets endpoints, cloud networks, and email is not equipped to cope with the assortment of devices, systems, and workflows now possible:

Cloud TransformationCloud TransformationCloud tech and mobile-driven work environments have forever changed modern approaches to IT security and identity management.

of security professionals say their organizations aren’tprotected from advanced attacks, and 63% don’t think they can stop confidential information leaks.

$47B

$11B$10B$7B$6B$5B$4B$2B$2B

IAMCloudSecurity

EndpointSecurity

Email/Web

NetworkSecurity

SIEM/VM

MobileEnterpriseSecurity

MobileEnterpriseManagement

Next-Gen IAM Market estimated by 2017

*data rounded to nearest whole number