Okta Report Reveals 65% of IT Leaders Expect Serious Data Breach to Hit Their Business Within the Next Year

Survey explores the state of business agility in the UK, France, Nordics and Netherlands

London — August 18, 2016 — Okta, the leading provider of identity and device management for the cloud and mobile enterprise, today announced the findings of its first Secure Business Agility report. Based on data compiled from surveying 300 IT and security professionals, the report reveals that while most organisations fundamentally believe connecting people to the best technology is vital to business productivity, many struggle to achieve agility due to traditional on-premise security mindsets.

Failing to adapt and upgrade security tools is putting organisations at risk. A shocking 65% of respondents think that a data breach will happen within the next 12 months if they do not upgrade legacy security solutions in time.

“In order to be more productive, organisations worldwide are investing in cloud and mobile technologies, enabling their staff to work from virtually anywhere. But this isn’t enough to ensure true agility. As organizations become increasingly connected, the traditional idea of the enterprise network boundary is vanishing and businesses need to prioritise strong security,” said David Baker, Chief Security Officer at Okta. “To successfully navigate the new perimeter and avoid compromising on security and productivity, IT leaders need to adopt tools that span traditional company and network boundaries and enable agility across the organisation.”

Key findings include:

  • Organisations are unsure if security is enabling or compromising productivity and agility: When asked if security measures compromised or enabled productivity in their organisation, respondents’ opinions were mixed. Just over half (52%) said that their current security solutions compromise productivity, while 48% believe their security measures enable the organisation to adopt best of breed solutions that enable productivity and agility.
  • Visibility into application usage is limited: Okta’s research shows that 85% of IT leaders suffer from a lack of insight over who has access to applications within their organisation. Even more worrying, 80% of respondents pointed to weak passwords or weak access controls as a security issue.
  • Investing in new mobile, automation, and cloud technologies is paying dividends for organisations: 92% of respondents believe their organisation could do more to integrate and support cloud applications into their infrastructure and systems. This reveals a massive opportunity for IT teams to further drive agility and productivity, and the chance to drive this percentage down.

To learn more about the incentives for improving security through the cloud, and the risks of remaining static with legacy technology, view the full Secure Business Agility report, available here: https://www.okta.com/resources/secure-business-agility/