New Report from Keyfactor and Ponemon Institute Uncovers Significant Gaps in Enterprise Identity and Access Management Strategies
Keyfactor, a provider in PKI as-a-Service and crypto-agility solutions, and Ponemon Institute released the State of Machine Identity Management Report, a study exploring enterprises’ ability to manage and protect machine identities, keys and certificates in digital business.
"Machine identities, such as keys, certificates and secrets, are essential to securing connections between thousands of servers, cloud workloads, IoT and mobile devices," said Chris Hickman, chief security officer at Keyfactor. "Yet the survey highlights a concerning and significant gap between plan and action when it comes to machine identity management strategy. Acknowledgement is a step in the right direction, but a lack of time, skilled resources and attention paid to managing machine identities makes organizations vulnerable to highly disruptive security risks and service outages."
Distributed workforces and the proliferation of connected devices have contributed to a rapid rise in the volume of machine identities. As a result, increased workloads, lack of visibility, misconfigurations and shorter SSL/TLS certificate lifespans are creating concern and risk for IT professionals and security leaders.
Additional key report findings:
"Mitigating machine identity risk and achieving zero trust are top priorities for teams hardening their overall security posture," said Hickman. "Having an enterprise-wide crypto-management strategy ensures best practices and automated processes are put in place to mitigate the risks that come with higher volumes of machine identities and increased workloads."
The study was conducted by Ponemon Institute on behalf of Keyfactor and includes responses from 1,162 IT and infosec executives and practitioners in North America and EMEA, spanning 12 industries, including financial services, healthcare, manufacturing, retail and automotive.
Founded in 2001, Keyfactor is a market leader in comprehensive digital security management.
Published: Friday, April 9, 2021
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