Business Services Industry
New Unisys Study Shows Corporate IT Decision-Makers View Identity and Access Management as a Chief Security Concern
Business Wire, Oct 25, 2004
DENVER -- Eighty-Seven Percent of Respondents to Fund Identity and Access Management Solutions in 2005; More Than Half Increasing Budgets by Nearly 20 Percent
Unisys Corporation (NYSE:UIS) today announced the results of a new research study on identity and access management (IAM) at the Digital ID World 2004 conference. The research study found that information technology decision makers view IAM - the process of establishing and managing the digital identities that provide secure access to networks, sensitive information and other business resources - as key to increasing enterprise security, managing IT costs and enabling compliance with government regulations.
The study, which surveyed C-level executives and IT managers at large U.S. companies, revealed numerous issues surrounding the economics of IAM, as well as budgeting issues and varying speeds of adoption for specific types of IAM solutions being deployed to secure enterprise IT infrastructures and information resources.
Money alone can't solve the issue
Seventy-seven percent of respondents view an effective IAM system as a primary means of protecting against corporate network intrusions resulting from identity theft and other attacks originating either inside or outside the enterprise.
Moreover, respondents indicated a prudent hesitation to simply throw money at the security issue. Instead, they expressed a desire to ensure that the system delivers a defined economic benefit. Six out of 10 respondents want an IAM solution that enables them to manage or reduce operational costs, and nearly half view achieving return on investment (ROI) as a key factor in judging the success of their IAM implementation. That concern is even higher among decision-makers from companies with revenues of $3 billion or more - indicating that ROI is even more critical to larger companies with more at stake.
IAM increasingly a key component of corporate compliance
Ninety-two percent of respondents responsible for regulatory compliance identified IAM as key to their strategy for compliance with rules mandating safeguards for sensitive information. Those include Sarbanes-Oxley (SOX) in corporate governance - with a compliance deadline looming November 15 - the Health Information Portability and Accountability Act (HIPAA) in healthcare, and the Gramm-Leach-Bliley Act (GLBA) in financial services. The research showed that the higher-ranking the respondent, the more likely they were to rate IAM as "extremely important" for compliance.
Budgeting shows growing commitment to IAM in 2005
Eighty-seven percent of the respondents indicated they plan to budget funds for IAM in 2005, with more than 55 percent increasing their IAM budgets by an average of 19 percent over 2004. That commitment suggests that IT decision-makers have prioritized IAM as an area for special action.
"This research clearly demonstrates that senior IT management has come to view identity and access management not as a technology solution, but as a critical part of an enterprise business strategy," said Patrick O'Kane, chief architect, Unisys Identity and Access Management Practice. "IAM is no longer a 'nice to have,' it's a 'need to have' for infrastructure security that protects critical assets, promotes operational efficiency and yields optimal return on investment."
Different classes of IAM solutions show different adoption rates
The survey also examined the adoption and penetration rates of the most commonly used types of IAM solutions including:
Single Sign On - the most widely adopted IAM solution - enables a user to access multiple Web applications through a single point of contact without needing to maintain or remember multiple passwords. Even with a high rate of adoption, there is still plenty of opportunity for, and interest in, further deployment.
--93 percent of respondents were familiar with Single Sign On.
--53 percent of respondents have already implemented Single Sign On, or are in the process of implementation, with another 37 percent planning to do so in the next one to four years.
Role-Based Access Control - grants users access privileges according to their function, not their personal identity. Workers are granted only the privileges they need to perform their jobs. This can yield significant improvements in operational efficiency by eliminating the logistical adds, moves and changes that occur when identity is tied to the individual rather than to the functional role.
--Role-Based Access Control was the next most-recognized IAM solution after Single Sign On; more than 80 percent of respondents were familiar with it.
--37 percent of respondents stated they have already implemented or are currently implementing Role-Based Access Control.
--41 percent of respondents stated they plan to implement Role-Based Access Control within the next four years.
Federated Identity Management - enables participating organizations to cooperate in sharing each other's authentication and authorization services. It is particularly useful for secure information-sharing with external partners and suppliers, or among business units within a company.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Fox Networks Group and Bright House Networks Strike Comprehensive Deal to Distribute Fox Broadcast Stations, National Cable and Regional Sports Networks
- Fox Networks Group and Time Warner Cable Strike Comprehensive Deal to Distribute Fox Broadcast Stations, National Cable and Regional Sports Networks
- Houston Radio D.J. Kevin Kline Completes 500-Mile, 13-Day Ultramarathon Across Texas for Kids with Cancer
- Seaspan Corporation Provides Information on the CSCL Hamburg
- Dodecylamine improves nanocrystal synthesis
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions



