New Global Research Shows Adoption of Advanced Security Drives New Business Growth
October 11 2016 - 9:00AM
Business Wire
Study by CA Technologies Highlights Pivotal
Role of Identity-Centric Security in Digital Transformation
A global study from CA Technologies (NASDAQ:CA) revealed that
organizations are measuring the success of IT security beyond just
breaches and compliance; they now are including business
performance indicators that contribute directly to revenue growth.
The study, The Security Imperative: Driving Business Growth in the
App Economy, polled 1,770 senior business and IT executives,
including more than 100 CSOs and CISOs, about their attitudes
toward IT security practices and the impact they see it having on
their business.
The majority of survey respondents said that IT security,
specifically identity-centric security, needs to do more in today’s
environment than protect the business – it needs to help build the
trusted digital relationships that are critical for competing in
the application economy and growing the business.
- 82 percent said identity-centric
security is critical to the business.
- 83 percent of respondents said that
security is critical to protecting the brand and can be viewed as a
competitive differentiator.
- 81 percent said that security needs to
be frictionless and not over burden the user; and
- More than 60 percent of respondents are
using metrics such as customer experience, satisfaction and
retention; business growth; and digital reach to measure the impact
of security on the business.
“This data shows that identity-centric security is the killer
app for digital transformation,” said Mordecai Rosen, senior
vice president and general manager, Security business, CA
Technologies. “Enterprises and government agencies are rethinking
their approach to security to protect and enable their businesses.
Any successful digital transformation requires an organization to
build trusted digital relationships with their customers, employees
and partners, and identity-centric security is the foundation of
that effort.”
Advanced Use of Identity-Centric Security Pays Off with
Increased Revenue and Fewer Data Breaches
The study also examined respondents’ current security postures
in three areas of identity-centric security: the end-user
experience, identity and access management, and data breaches. This
information allowed CA and Coleman Parkes, who conducted the study,
to create a maturity model for identity-centric security,
categorizing respondents as advanced, basic or limited.
Overall, the global results categorized the majority of
respondents as basic users of identity-centric security (64
percent), with a focus on core capabilities such as password
management, single sign-on and some analysis and reporting.
Twenty-five percent were categorized as advanced users, engaging in
capabilities such as adaptive security and behavior analytics, and
consistent omni-channel security support. The analysis showed that
advanced users report significant improvements over basic users in
areas of customer experience, business operations and security:
- Advanced users saw a 47 percent
improvement in business growth and new revenue compared to 40
percent for basic users.
- Eighty-seven percent of advanced users
reported improvement in customer experience versus 76 percent of
basic users.
- Advanced users reported a 50 percent
improvement in employee productivity as compared to 40 percent for
basic users.
- And when it comes to security, twice as
many advanced users of identity-centric security have seen a
reduction in data breaches compared to basic users – 41 percent
versus 21 percent.
The release of these results coincides with National
Cybersecurity Awareness Month (NCSAM) taking place during October
2016. CA Technologies is a Champion of NCSAM, which was created as
a collaborative effort between government and industry to ensure
all digital citizens have the resources needed to stay safer and
more secure online while also protecting their personal
information. NCSAM is designed to engage and educate public- and
private-sector partners through events and initiatives with the
goal of raising awareness about cybersecurity in order to increase
the resiliency of the nation in the event of a cyber incident.
Resources
- The Security Imperative: Driving
Business Growth in the App Economy
- The Security Imperative
Infographic
About the Research/Coleman Parkes
Conducted by Coleman Parkes, the study included 1,770 senior
business and IT executives, including more than 100 CSOs and CISOs,
from large enterprises across 21 countries and 10 industry sectors.
The study and data analysis was done from May – September 2016.
Coleman Parkes Research Ltd, formed in 2000, provides
action-focused marketing research on a global scale. The company
offers a full research and consultancy service across all markets,
while specializing in business-to-business research with a focus on
IT, technology and communications research. For more information,
please visit www.coleman-parkes.co.uk.
About CA Technologies
CA Technologies (NASDAQ:CA) creates software that fuels
transformation for companies and enables them to seize the
opportunities of the application economy. Software is at the heart
of every business in every industry. From planning, to development,
to management and security, CA is working with companies worldwide
to change the way we live, transact, and communicate – across
mobile, private and public cloud, distributed and mainframe
environments. Learn more at www.ca.com.
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Copyright © 2016 CA, Inc. All Rights Reserved. All trademarks,
trade names, service marks, and logos referenced herein belong to
their respective companies.
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CA TechnologiesLeanne Agurkis,
407-620-2136Leanne.Agurkis@ca.com
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