As more organizations move to an identity-first approach to security, their focus is shifting away from traditional controls towards implementing identity and access management (IAM) tools.
With this in mind, it’s no surprise that analyst firm Gartner cited IAM as one of 2024’s top six cyber security trends, alongside approaches such as human-centric security design and continuous threat exposure management (CTEM).
The need for IAM tools continues to rise alongside credential compromises, with stolen and exposed credentials identified as the biggest cloud security risk in 2024 in a recent report by the managed detection and response firm Expel.
“There’s a saying that goes hackers don’t need to hack into your system, they just log in to your system,” says Mark Child, associate research director at analyst firm IDC.
The threat has clearly been recognized by cyber security leaders, as access management (AM) attracts the third-largest spend in the security software market according to Gartner.
“It’s like Oscar’s night, with light bulbs popping all around as people recognize that they need to invest more in IAM,” says Michael Kelley, senior director analyst, at…
