The IRAP assessment, firmly based on the stringent controls identified in the Australian Signals Directorate (ASD) and Australian Government Information Security Manual (ISM), is an indispensable prerequisite for government departments seeking to adopt platforms and tools from service providers.

A certified third-party IRAP assessor conducted a rigorous examination of the SailPoint Identity Security Cloud, affirming full compliance with IRAP’s PROTECTED level control requirements, which indicates the product meets the highest standard of cybersecurity and information security.

With this milestone, Australian government agencies can confidently leverage SailPoint Identity Security Cloud to automate the discovery, management, and control user access to sensitive data, applications, and systems, and easily verify if user access is authorized, secure, and compliant. With full visibility into identities and access rights across their entire IT ecosystem, organizations can spot unusual accesses and automatically perform remediation actions to prevent unauthorized access and breaches in real time.

As the only cloud-native, multi-tenant SaaS-architected platform in the marketplace, SailPoint’s commitment is to offer an intelligent, autonomous, and integrated approach to identity security, enabling organizations to improve operational efficiency, meet evolving demands and effectively secure their cloud environments.

By implementing SailPoint’s autonomous identity security solutions in their operations, Australian government agencies can ensure stronger security controls for the organization and that they are meeting regulatory and compliance standards, as SailPoint Identity Security Cloud includes support for the Australian Cyber Security Centre’s (ACSC) Essential Eight strategies and the Protective Security Policy Framework (PSPF).

“Given the rise in cyber threats against government networks and critical infrastructure sectors, a modern identity security strategy is crucial to protect classified data. SailPoint’s autonomous identity security solution is the foundation for digital modernization, effectively managing digital identities and defending against security threats. The IRAP assessment reinforces SailPoint’s expert ability to enable government agencies to manage identity security across cloud environments, protect critical infrastructure, and meet stringent regulatory compliance requirements. We look forward to continuing to empower more government organizations with SailPoint Identity Security Cloud, serving as a long-term trusted partner to enhance their identity security posture,” said Chern-Yue Boey, Senior Vice President, Asia-Pacific, SailPoint.

In line with this significant achievement, SailPoint has invested in dedicated customer service by establishing a Government Support Desk, showcasing its deep commitment to delivering superior support for the specific needs and security requirements of Australian government agencies. This dedicated resource addresses all customer queries and issues and is staffed by personnel based in Australia that have been vetted by The Australian Government Security Vetting Agency (AGSVA).

***

About SailPoint

SailPoint is a leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats.

The post SailPoint completes IRAP Assessment, empowers Australian government agencies to automate and secure access to critical data and resources appeared first on SailPoint.

AUSTIN, TX – March 20, 2023 – SailPoint Technologies, Inc., a leader in enterprise identity security, today unveiled the findings of a new research report analysing the State of Identity in Australia and New Zealand. According to the report, which surveyed over 560 businesses, most organisations now have the basic identity and access management technology yet continue to struggle with identity management, which could be due to the complexity in orchestrating dynamic workplaces, hybrid and remote workforces, and the rise of non-human identities.

For many organisations in Australia and New Zealand, the imperative to create a mature zero trust environment to protect their information against digital threats has become a top priority. This study reveals the maturity of thinking about identity and access management (IAM) among Australian and New Zealand organisations, and explores future directions.

Specifically, this study unveiled:

Identity moves from solution to critical organisational governance at the board and C-level. Organisations are now prioritising identity security from the top-down, with 57% of Healthcare and Social Assistance organisations reporting a C-level executive as the decision maker for identity management technology. In Educational Services, more than 45% of decision makers were C-level executives, and nearly 54% in Public Sector organisations.

Despite more organisations (33.7%) leveraging Software-as-a-Service (SaaS) delivered identity solutions, 22.3% are still using on-premise tools. The last three years have represented a significant shift to SaaS based models as businesses aim to improve scalability, agility and time-to-value related to on-prem and single platform solutions. Organisations using on-premise solutions suggest they will transition to SaaS enterprise solutions within the next two to five years to take advantage of better management and governance capabilities of modern identity solutions, realising better economic outcomes as a result.

Most organisations in the ANZ region are confident about their ability to manage human and non-human identities with 17.7% expressing they were very confident and 42.1% were confident. This is not indicative, however, of an effective governance framework being in place to mitigate risks such as privilege creep or excessive permissions. Organisations must take proactive measures to create an effective governance framework by understanding end-to-end permissions to protect their data and ensure operational stability. With the growth of non-human identities in hybrid and multi-cloud environments, organisations can no longer afford to overlook these identities and must ensure their IAM strategies evolve to offer speed, reliability and security.

Whilst nearly 78% of organisation claim Identity Management is essential or important, budget roadblocks and justifying investment remains a challenge for more than 85% of organisations in Australia (nearly 60% in New Zealand). Ironically, investment in next generation identity solutions in fact relieve bottlenecks in manual resources which ranked a close second biggest business challenge (nearly 85% in Australia and at nearly 40% in New Zealand). Modern identity solutions address more than streamlining identity management and system access by enabling safer remote working, increasing the speed of detection and response for threats, and improving employee productivity and economic benefits.

Zero trust begins with identity, recognised by the nearly 78% of organisations that rate identity management as important or essential to their zero trust strategy. However only 25% have a zero trust strategy in place. The biggest oversight for many organisations’ zero trust strategies is that they ignore the need for identity security for human and non-human identities. Nam Lam, Australia & New Zealand Country Manager at SailPoint, said: “Identity Security is business essential today and a comprehensive identity management strategy is vital to streamline identity processes and decisions such as access requests and access certifications in order to combat evolving sophisticated threats. This study has placed a spotlight on the importance of identity governance and the maturity of organisations in Australia and New Zealand as they struggle to communicate the value and benefits for solutions that resolve their greatest identity management and orchestration challenges.”

“Whilst increased understanding across business functions and board-level awareness is accelerating the creation of robust, long-term identity strategies and the adoption of innovative software that automates governance and integrates across the entire organisation, budget roadblocks and justifying costs are still the greatest challenges. More education needs to take place at the board and C-level that it is no longer a matter of simply fine-tuning security policies and procedures or reviewing perimeter security implementations. Today’s challenge is far greater as every single identity with access to organisational resources now represents a perimeter and therefore need to have only the right amount of access to the right resources at the right time to do their job.”

Please refer to SailPoint State of Identity in Australia and New Zealand for the full report.

—ends—

Research methodology

This IBRS study is based on the results of a comprehensive survey conducted with a total of 565 Australian and New Zealand professionals from a broad range of industry sectors. The study was based on both a quantitative survey (completed by 565 respondents) and interviews with 30 senior stakeholders responsible for their organisations’ identity and access programs.

From the cohort of respondents, particular care was taken to only capture information from people with a direct knowledge of identity and access issues. Several questions were asked to confirm each respondent’s understanding of identity and access technologies and applications. The study explores these professionals’ insights and expectations for the future.

About SailPoint

SailPoint is a leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats.

The post SailPoint unveils ANZ organisations lack a comprehensive identity security framework appeared first on SailPoint.

“Identity security is business essential for today’s cloud-oriented enterprises, and SailPoint’s intelligent and autonomous identity platform delivers the right access to the right identities and resources at the right time,” said Chern-Yue Boey, Senior Vice President for Asia-Pacific, SailPoint. “India is a high-growth market for SailPoint, and with Abhishek’s appointment, I look forward to SailPoint empowering more businesses in the country to be secure with our trusted identity solutions. Abhishek’s appointment signifies our continuous commitment to invest in India, and I am confident his extensive experience in sales and customer acquisition will be key to strengthening our partner and customer ecosystem, and fueling business growth in India.”

SailPoint has had a presence in India since 2011 when it established its office in Pune, and has over 200 employees in roles such as engineering, technical support, DevOps, HR, and partner sales, with employees located across the country.

SailPoint has a significant customer base in India across various industries such as technology, finance and e-commerce, and a strong partner network consisting of Eshaim, EnH iSecure, and Aujas Cybersecurity with Netpoleon as its value-added distributor. Globally, SailPoint’s partner network includes Accenture, Deloitte, E&Y, KPMG and PwC.

Abhishek’s appointment stems from the continuous innovation and expansion of the company, globally.

About Abhishek Gupta
Abhishek brings over 20 years of experience to the role. He was most recently regional vice president-enterprise at Zscaler India & SAARC where he focused on strategic leadership and drove customer acquisition. Prior to that, he held various leadership roles at Gartner, heading the sales function for CIO and CEO Advisory across industries in North and East India. Abhishek will bring his rich experience in business-to-business sales and development to drive business growth and execute strong go-to-market strategies for SailPoint customers.

“As a leader in delivering innovative solutions to secure and manage enterprise identities, SailPoint is equipped to provide organizations complete visibility and access control to ensure secure access to critical data and applications. I am excited to work closely with enterprises in India to deliver value and support their enterprise security goals, placing identity security at the core of safeguarding their business. I also look forward to expanding the team and have plans to hire across key functions to drive growth, customer success, and for SailPoint to be the identity platform of choice for enterprises in India to defend against identity related threats,” said Abhishek Gupta.

About SailPoint
SailPoint is a leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats.

Media Inquiries

U.S.: Samantha.Person@sailpoint.com

India: Rekha.Indiran@sailpoint.com

The post SailPoint appoints Abhishek Gupta as its first Managing Director in India appeared first on SailPoint.

AUSTIN, TX – SEPTEMBER 19, 2023 – SailPoint Technologies, Inc. (“SailPoint” or the “Company”), a leader in enterprise identity security, has surpassed key growth and revenue milestones, underscoring the strength of SailPoint’s multi-tenant SaaS platform and the Company’s expectations of continued acceleration. SailPoint has recently achieved annual recurring revenue (ARR) approaching $600 million and more than a 50% YoY increase in SaaS revenue in the first half of 2023.  

“The market for SaaS-delivered identity security has never been more active as modern enterprises recognize that to securely accelerate their business, they need an identity security platform that fits the shape and speed of their business,” said Mark McClain, CEO and Founder of SailPoint. “Our financial performance indicates that enterprises are continuing to prioritize their security spending on identity security, and we’re prepared to meet their ever-growing identity security needs at every step of the way. As the identity security pioneer and innovator, we remain committed to extending our value through the delivery and expansion of our identity security platform in the months and quarters ahead.”

Key drivers in SailPoint’s market momentum
SailPoint has set a new standard for identity security, giving customers an easy way to embrace modern, multi-tenant SaaS identity security, which is autonomous, intelligent, and scalable.

• First, demand for the SailPoint Identity Security Cloud is high. In the last year, new customers made up more than 68% of SailPoint Identity Security Cloud suite deals. This underscores the strong appetite for adopting identity security that sits at the core of enterprise security – helping organizations to see, understand and manage all identities and all access, at the speed and scale that matches their business dynamics.

“SailPoint will help us to protect against these risks, with transparent, robust identity management improving the employee experience as we continue to transition to our Flexible First hybrid work model,” explained Ash Surti, EVP, Technology and Security at SailPoint customer Colt Technology Services. “Working with SailPoint is the next step in our ongoing digital transformation journey, equipping our employees and customers with next-generation tools and processes that will drive the future of work.”  

• Second, existing SailPoint customers are increasingly moving from on-premises to its multi-tenant SaaS platform for faster access to technology innovation, high and swift adoption of new capabilities, lower costs, and quicker time-to-value. In fact, as SailPoint completed the first half of 2023 with over 50% YoY SaaS growth, this migration motion among existing customers has contributed to continued strong SaaS growth for the company, a trend expected to accelerate throughout the year.

• Third, in a YoY comparison, SailPoint has increased the number of legacy displacements by 80%. Customers are eager to move away from outdated identity platforms and desire SailPoint’s modern, SaaS-delivered platform that can scale with their needs and provide immediate access to ongoing innovations that address emerging identity security threats and challenges.

Continued Innovation Drives Customer Success
SailPoint’s ongoing product innovation and dedication to customer success are in large part why it holds a +95% customer retention rate – nearly unheard of in the industry. Additionally, nearly 50% of the Fortune 500 put their trust in SailPoint to deliver an enterprise security foundation grounded in identity security. As part of its ongoing commitment to customer success, SailPoint continues to release industry-leading innovations including: 

• SailPoint Non-Employee Risk Management is a new capability based on the Company’s acquisition of SecZetta during the first quarter of 2023. SailPoint Non-Employee Risk Management will help organizations improve operational efficiency while governing non-employees, which helps facilitate commercial initiatives, supports regulatory compliance, and reduces third-party risk.

• SailPoint Cloud Infrastructure Entitlement Management extends identity security to infrastructure-as-a-service (IaaS) solutions so organizations can govern IaaS access the same way they use SailPoint identity security to manage and govern access to other applications and data.

To further propel customer success throughout their journey with SailPoint, the Company announced a new partner program which launched in Q2 2023, SailPoint Partner Fleet. The new program moves SailPoint’s partner ecosystem to a best-of-breed program, collaborating with partner organizations that are passionate about finding innovative ways to deliver customer value with SailPoint.

“SailPoint’s new Partner Fleet program focuses on propelling client success and driving value across the lifecycle of a client’s identity security journey, which aligns with how we work with our clients at Deloitte,” said Andre Romanovskiy, Partner, Global SailPoint Alliance Leader at Deloitte. “As SailPoint’s 2022 Americas Partner of the Year and Global Delivery Admiral Partner for both SaaS and Software, we can confidently say this new program is not only a game changer for how we work with SailPoint, but it will allow us to offer more innovative solutions to new and existing clients with SailPoint.”

Visit the SailPoint website to learn more about how you can unleash the power of SailPoint’s Identity Security Cloud Business or Business Plus for your organization.

# # # #

Forward-Looking Statements
This press release may contain “forward-looking statements,” including regarding our strategy, future operations, business outlook, objectives of management, growth rate, and expectations regarding future results. Such forward-looking statements speak only as of the date as of which they are made and are not guarantees of future performance, but are based on management’s current expectations, assumptions, and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks, and changes in circumstances that are difficult to predict. Therefore, we cannot assure you that the results, events, and circumstances reflected in any forward-looking statements will be achieved or occur.

About SailPoint
SailPoint is a leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats.

Media Relations for SailPoint
Samantha Person
Senior Manager, PR & Corporate Communications
(512) 923-4053
Samantha.Person@sailpoint.com

The post SailPoint approaching $600M ARR and exceeding 50% YoY increase in SaaS revenue appeared first on SailPoint.

The multi-faceted event will feature keynotes and sessions from the top minds in identity security. Navigate: Identity Security Accelerated highlights include:

• Direct perspectives from SailPoint CEO, Mark McClain and President of Worldwide Field Operations, Matt Mills alongside Thoma Bravo leadership about new technological offerings, market opportunities and the latest identity security advancements.
• Product roadmap discussions led by Grady Summers, EVP of Product for SailPoint.
• Keynotes, panels, fireside chats and more led by SailPoint partners and customers from brands like Best Buy, Hershey, and Salesforce.
• A keynote address from special guest speaker, Greg McKeown, the author of two New York Times bestselling books, Essentialism and Effortless.

“Today’s enterprises manage countless identities across their digital ecosystem and as the threatscape continues to evolve, collaboration and collective information sharing will be instrumental in keeping enterprises agile in their identity security postures,” said Wendy Wu, CMO, SailPoint. “Navigate 2023 is a meeting of the minds where industry professionals are encouraged to discuss both the progress and pitfalls in their identity security journey and will hear directly from SailPoint leadership on our vision for identity security and how the company is innovating to meet the future needs of modern enterprises. Attendees will leave with a holistic view of any upcoming identity security challenges, as well as the confidence and tools they need to address them.”

The 3-day event will conclude with an Identity University training day, which offers extended instructor-led training on SailPoint’s newest and most relevant technology and offerings, equipping participants with the knowledge to advance their identity security journey.

SailPoint’s flagship ‘Navigate: Identity Security Accelerated’ conference will kick off in Austin, TX, and be followed by a series of global events in London, Singapore, Sydney, Washington DC, Toronto and São Paulo.

To register, visit the Navigate website.

About SailPoint
SailPoint is a leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats.

Media Contacts
Samantha Person
Senior Manager, PR & Corporate Communications
512-923-4053
Samantha.Person@SailPoint.com

The post SailPoint to assemble tech leaders at Navigate 2023: Identity Security Accelerated appeared first on SailPoint.

AUSTIN, May 24, 2023 – SailPoint Technologies, Inc., a leader in enterprise identity security, today announced that KuppingerCole’s “Leadership Compass: Access Governance” report named SailPoint an Overall Leader in access governance for identity security. SailPoint received a clean sweep of “strong positive” ratings across KuppingerCole’s access governance criteria and was named a leader across all industry categories, including overall, product, market, and innovation leadership.

KuppingerCole Leadership Compass reports provide respected market analysis designed to help organizations identify which vendors, products, and services they should consider within a given market segment. The KuppingerCole Leadership Compass for Access Governance focuses on the market segment of access governance, including specific capabilities for access intelligence. This report includes a detailed evaluation of market players, equipping technology decision makers with the knowledge to analyze vendors based on their organization’s current identity security priorities. The report evaluates security, functionality, integration, interoperability, and usability, as well as vendors’ innovativeness, market position, ecosystem, and financial strength.

“SailPoint has been a leading vendor in the AG market, providing strong Access Governance capabilities, said Nitish Deshpande, Research Analyst, KuppingerCole. “In addition, SailPoint has built excellent support for an increased focus on identity and access intelligence. SailPoint’s early recognition of Access Governance requirements in heavily regulated industries such as banking combined with strong marketing messaging and execution has led it to be one of the most evaluated AG vendors for mid-to enterprise-sized organizations. SailPoint continues to enhance its provisioning, automation, AI driven risk mitigation, and reporting capabilities in a positive direction, making it a recommended consideration in any AG evaluation.”

“SailPoint has always worked hard to anticipate the needs of our customers and partners, which is why we are pleased to be named not just an Overall Leader in Access Governance, but an Innovation Leader as well,” said Grady Summers, Vice President, Product, SailPoint. “As attackers continue to find new ways to exploit poorly provisioned identities and unsecured data, having the right identity security foundation is critical to enterprise security. While recognition is never our goal, high praise from KuppingerCole is always an honor, and it reflects our ongoing commitment to providing our customers and partners with the tools they need to withstand today’s identity-based threats.”

The SailPoint Identity Security Platform optimizes and governs access to all identities within an organization’s environment, providing comprehensive visibility into the identity security of the enterprise. SailPoint maximizes productivity and protection with the power of AI-driven identity security at its core, which includes Access Modeling, Access Insight and Access Recommendations. As a result, organizations can make better decisions faster, spot potential threats and maintain optimized access models.

Read the accompanying 2023 KuppingerCole Leadership Compass Report on Access Governance.

KuppingerCole’s Report Methodology
KuppingerCole’s Leadership Compass distinction is based on IGA vendors’ ability to meet a range of criteria and capabilities such as Target System Connectivity, Access Review, Access Risk Management, User Interface and Mobile Support, Access Request and Approval, Access Intelligence, Authentication and Data Model in addition to the depth of the product’s technical specifications, Unique Selling Propositions and innovative product features that distinguish them from other offerings available in the market.

About SailPoint
SailPoint is a leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats.

# # #

Media Relations for SailPoint
Samantha Person
Senior Manager, PR & Corporate Communications
512-923-4053
Samantha.Person@SailPoint.com

The post KuppingerCole names SailPoint a leader in access governance appeared first on SailPoint.

AUSTIN, TX – March 22, 2023 – In an effort to drive quick time-to-value to customers worldwide, SailPoint Technologies, Inc., a leader in enterprise identity security, has rolled out a new non-employee risk management capability based on the company’s January 2023 acquisition of SecZetta. The SailPoint Non-Employee Risk Management solution is available now as an add-on to the SailPoint Identity Security Cloud.

The new SailPoint Non-Employee Risk Management solution allows organisations to execute risk-based identity access and lifecycle strategies for non-employees. This growing non-employee population today includes a range of identities including contractors, third-party partners, suppliers and even non-human bots.  By leveraging AI-driven identity security, enterprises can ensure that applications and data are secure by granting third-party access to only the right identities at the right time. This increases operational efficiency in managing the complex relationships that organisations have with non-employees while also supporting regulatory compliance requirements and reducing third-party risk.

“Digital transformation has not only fuelled the growth of employee digital identities but that of non-employee identities as organisations today also manage an increasing number of contractors, vendors, suppliers and temporary workers. This is especially true across Australia and New Zealand in most sectors, including government, healthcare and financial services, where we are seeing more of these non-employee identities making up their workforce, posing an increased risk of third-party breaches as managing their identities and access is complex. It is essential to bring all these critical identities under control and our Non-Employee Risk Management solution will be a crucial addition to identity management to help organisations stay protected and to bring more efficiency to their operations,” said Nam Lam, Australia & New Zealand Country Manager at SailPoint.

“We’re big believers in delivering on our promises to customers, and that certainly includes how we create and drive new value,” said Matt Mills, President of Worldwide Field Operations for SailPoint. “Our intent behind the recent acquisition of SecZetta was to quickly bring to market an important and emerging piece of the identity security puzzle: a comprehensive way to properly secure the slew of non-employee identities that so many organisations now employ.”

“Now, customers can be prescriptive and thoughtful in how they approach governance across both employee and non-employee identity populations,” continued Mills. “Expect to see us continue to flex this operational muscle as we grow and evolve our comprehensive approach to identity security – building or buying technology that fits immediate customer needs and quickly bringing it to market to benefit our global customer base.”

“SailPoint’s new non-employee risk management capability will give us broad oversight into all our identities and their technology needs, including better visibility into and management of our growing non-employee population, all from a single platform,” said Dane Paulsen, IT Manager, Nelnet. “We’ll now have a critical layer of identity risk management and overall governance needed to fully validate non-employees and their access across our business.”

Visit the SailPoint website to learn more about how you can unleash the power of SailPoint’s Identity Security Cloud Business or Business Plus suites for your business.

# # #

About SailPoint

SailPoint is a leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organisations across the globe to build a security foundation capable of defending against today’s most pressing threats.

Media Relations for SailPoint
Samantha Person
Senior Manager, PR & Corporate Communications
(512) 923-4053
Samantha.Person@sailpoint.com

The post SailPoint delivers new Non-Employee Risk Management solution to market appeared first on SailPoint.

AUSTIN, TX – March 8, 2023 – SailPoint Technologies, Inc., a leader in enterprise identity security, today released “The state of identity security 2023: A spotlight on financial services,” a comprehensive report highlighting the increased need for strong identity security in the financial service industry. The report found that while a growing number of financial services firms are prioritizing identity security, attacks remain dangerously commonplace, with 93% of respondents reporting that they have experienced a breach within the past two years.

The report includes a number of encouraging findings, including 100% of respondents indicating that identity security is either a relatively important, critical, or number one investment priority within the organization. Furthermore, 56% of those surveyed indicated that their organization has fully implemented an identity security program, with 29% stating that their program has been in place for at least two years. These numbers reflect the growing prioritization of identity security across the financial services sector.

The report also highlights the various identity security challenges financial services organizations face. Among respondents, 91% indicated that they have experienced challenges when it comes to adopting identity security, with the most common being flexibility in integration (38%), high configurability (35%), or being complicated to implement (32%). In addition, nearly all respondents (97%) agreed that their organization’s ability to detect and prevent identity-related security breaches needs improvement. Despite those challenges, 100% of respondents reported experiencing benefits from their identity security solution, including the ability to connect the identity program to horizontal applications (49%), cost and/or time savings within the IT and security teams (45%), and more control and visibility into users (44%).

“The financial services industry deals with large amounts of sensitive data and personal identifiable information, making it a prime target for attackers,” said Matt Mills, President of Worldwide Field Operations for SailPoint. “This makes strong identity security a necessity. The fact that over half of the surveyed financial services firms have fully implemented an identity security solution is a step in the right direction, but it’s clear that there is still room for improvement. Breaches have long been a fact of life in the financial sector, but implementing a strong identity security solution greatly reduces the potential damage that an attack can incur.”

To read the “State of identity security 2023: A spotlight on financial services” report in its entirety, click here. To take a maturity assessment to see how far along your organization is in its identity security journey, visit the SailPoint website.

Methodology
The insights in this report are based on a survey of 150 IT and IT security decision makers conducted in August and September 2022. Respondents were located across the US, UK, Canada, Australia, Brazil, France, Germany, and Japan and were from organizations with 1,000 or more employees.

# # #

About SailPoint
SailPoint is a leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats.

Media Relations for SailPoint
Samantha Person
Senior Manager, PR & Corporate Communications
(512) 923-4053
Samantha.Person@sailpoint.com

The post New SailPoint research highlights need for stronger identity security in financial services appeared first on SailPoint.

“The enterprise identity landscape has changed significantly in the last few years. We went from a largely in-office workforce to a distributed, virtual workforce and now a hybrid workforce. On top of that, most enterprises no longer rely solely on full-time employees to keep their business running. Yet not all of these companies have considered how this change impacts their approach to identity security,” said Grady Summers, EVP Product for SailPoint. “With SecZetta, we can quickly give our customers the consolidated intelligence and visibility they need to ensure proper oversight into all identities and their technology access needs, regardless of whether they are a full-time employee or not.”  

SailPoint and SecZetta have a long-standing partnership. Once SecZetta’s solutions are fully integrated into SailPoint’s Identity Security Cloud platform, SailPoint will deliver a unified platform to customers –providing context-rich identity information with the right level of intelligence needed to answer the “who should have access to what”, “when” and “why” questions for this unique, often under-secured set of identities. With SecZetta, SailPoint will also be able to further help companies with identity consolidation efforts, merging and organizing workforce data across authoritative sources to create a centralized repository of identities.  This identity intelligence will then be offered as a packaged offering within the Identity Security Cloud platform to deliver more comprehensive identity security – one that provides the critical layer of risk management and governance needed across both employee and non-employee identities from a single platform. 

“Acquiring SecZetta allows us to quickly address an emerging threat to our customers’ business not currently addressed by SailPoint– and that is this gap in visibility over non-employee identities. Here at SailPoint, we want to be known as the kind of company our customers can always rely on to anticipate and solve for their needs as they continue to evolve,” said Mark McClain, CEO and Founder, SailPoint.  “This announcement underscores our relentless focus on better serving our customers by consistently evolving our identity security platform that discovers, manages and secures all identities across the modern enterprise.”  

About SailPoint 
SailPoint is a leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats. 

# # # 

Media Relations for SailPoint 

Samantha Person
Senior Manager, PR & Corporate Communications 
512-923-4053  
Samantha.Person@SailPoint.com  

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AUSTIN, December 15, 2022 – SailPoint Technologies, Inc., the leader in enterprise identity security, today announced that KuppingerCole’s “Leadership Compass: Identity Governance and Administration” report named SailPoint an Overall Leader in identity governance and administration (IGA) for the fifth consecutive year. SailPoint received a clean sweep of “strong positive” ratings across KuppingerCole’s IGA criteria and was named a leader across all industry categories, spanning overall, product, market, and innovation leadership.

KuppingerCole Leadership Compass reports provide respected market analysis designed to help organizations identify which vendors, products, and services they should consider within a given market. The IGA Leadership Compass report includes a detailed evaluation of market players, equipping technology decision makers with the knowledge to analyze vendors based on their organization’s current identity security priorities. The report focuses on security, functionality, integration, interoperability, and usability, as well as vendors’ innovativeness, market position, ecosystem, and financial strength.

SailPoint provides the most comprehensive and advanced multi-tenant identity security platform on the market, utilizing AI and machine learning to enhance autonomous risk detection and mitigation, smart process orchestration, identity and lifecycle management, and access provisioning.

“SailPoint’s early recognition of Access Governance requirements… combined with strong marketing messaging and execution has led it to be one of the most evaluated IGA vendors for mid-to enterprise-sized organizations,” said Nitish Deshpande, Research Analyst, KuppingerCole. “SailPoint continues to enhance its provisioning, automation, AI driven risk mitigation, and reporting capabilities in a positive direction, making it a recommended consideration in any IGA evaluation.”

In a growing market, the report highlights the level of identity and access intelligence as a key differentiator between IGA product solutions and automation as a key trend to reduce management workload by automating tasks. The report goes on to cite SailPoint’s workflow management, excellent identity lifecycle management, and access review and certifications driven by AI/machine learning among a list of other strengths, underscoring SailPoint’s ability to provide an effective IGA solution that addresses today’s evolving identity management needs.

“It’s an honor to be named an Overall Leader in IGA by KuppingerCole once—let alone five years in a row,” said Grady Summers, EVP of Product, SailPoint. “Our position in this report is a testament to the work SailPoint has done to relentlessly innovate to address the ever-evolving identity needs of today’s enterprise. With a majority of breaches today tying back to a compromised identity, it’s clear that identity security needs to be foundational to enterprise security. SailPoint receiving the highest possible ratings across all evaluation categories reflects our strong and deep understanding of the existing and emerging security challenges enterprises face and our commitment to meeting the needs of our customers in today’s threat environment.”

The SailPoint Identity Security Platform optimizes and governs access to all identities within an organization’s environment, providing comprehensive visibility into the identity security of the enterprise. With unmatched intelligence and frictionless automation designed to streamline identity discovery, management, and security, SailPoint’s identity security platform enables users to both face down today’s most dangerous threats and improve their operational efficiency.

Read the accompanying 2022 KuppingerCole Leadership Compass Report on IGA. SailPoint’s analysis can be found on pages 84-86.

KuppingerCole’s Report Methodology
KuppingerCole’s Leadership Compass distinction is based on IGA vendors ability to meet a range of criteria and capabilities such as Target System Connectivity, Access Review, Access Risk Management, User Interface and Mobile Support, Access Request and Approval, Access Intelligence, Authentication and Data Model in addition to the depth of the product’s technical specifications, Unique Selling Propositions and innovative product features that distinguish them from other offerings available in the market.

About SailPoint
SailPoint is the leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Using a foundation of artificial intelligence and machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. Our intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats.

# # #

Media Relations for SailPoint
Samantha Person
Senior Manager, PR & Corporate Communications
512-923-4053
Samantha.Person@SailPoint.com

The post KuppingerCole names SailPoint a leader in identity governance administration security for 2022 appeared first on SailPoint.