LATEST INTELLIGENCE
5 ARGUMENTS TO JUSTIFY YOUR
IDENTITY SPEND
PRESENTED BY
S
pending on secure infrastructure is vital to
protect any company’s plans for revenue
generation and business expansion. But when
increasing focus and budget for security initiatives,
CIOs and CISOs are faced with competing revenue-
generating priorities across the business. And when
it comes to identity spend – which today make up
less than 9% of the average security budget, despite
its potential to prevent the 80% of data breaches
caused by compromised credentials – there’s often
a communication gap between the value of security
infrastructure and key business initiatives.
Armed with an understanding of the following five
key business drivers and how identity feeds into them,
technology leaders can better shift the balance in
their favor and make a stronger case for increased
identity spending organization-wide. By connecting
security with each business driver, the organization as
a whole is better positioned to succeed.
1. Do more with less: Identity-driven cost reduction
Companies are always looking to lower
their operational costs, and one key way to
accomplish this is by making teams, processes,
and tools more efficient so that they can focus
on their core competencies. By adopting cloud
technologies, an organization can offload
maintenance costs from expensive legacy
systems as well as the time spent on addressing
system outages. This also sets IT teams up with
a regular schedule for updates and maintenance
that they can prepare for, without disrupting
their day-to-day work. Implementing a single,
cloud-based solution for identity can further
reduce IT friction and lower costs. n
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