Here at LastPass, we’ve been focused on transforming our business suite of solutions into a modern identity platform comprised of enterprise password management, single sign-on and adaptive multi-factor authentication to enable our customers to address their identity and access management (IAM) challenges in a simple and secure way.
To understand how organizations are managing IAM today, we partnered with market research firm Vanson Bourne to uncover the current state of identity. What we found is that organizations realize the value of identity solutions and want to bring those benefits to their businesses. But what we also found is that organizations are experiences challenges in doing so, to the degree where 92% of businesses are experiencing at least one identity related challenge.
Breaking Down the Data
In our recent webinar, Modern Identity: Unifying Access and Authentication, LastPass product leaders discussed this new research in in depth. A few highlights from the discussion include:
- 82% of organizations have experienced at least one risk due to poor identity and access management practices
- Passwords continue to cause frustration and risk, and the average IT team receives 96 password-related requests per month
- 80% agree using single sign-on on its own will leave a variety of applications unsecured, and believe it should be complimented with additional technologies
- 60% see security as a huge benefit of implementing multi-factor authentication
The Expanded LastPass Business Suite
The webinar concluded with a demo of LastPass Identity, a unified identity solution which includes enterprise password management, single sign-on and adaptive multi-factor authentication with biometrics and time, device and location based contextual policies.
View the webinar on-demand for the full conversation on what managing identity means for your organization, the key learnings we’ve taken from the research, and to see how simple it is for LastPass Identity to offer unified visibility and control for all your employees.