Omada A/S Highlights Struggles in Identity Governance
Identity security is regarded as a crucial element, yet organizations find it challenging to implement effective solutions.
Omada A/S, a renowned leader in Identity Governance and Administration (IGA), has recently shared insights from its annual assessment of identity governance trends for 2025. The report dives into the perceptions of IT and business leaders concerning identity-related risks and the strategies being adopted to tackle these issues.
The findings reveal that a staggering 95% of leaders deem identity security as a vital component of their overall cybersecurity strategy. Moreover, over 86% express valid concerns regarding the emerging risks associated with identity threats. As the pace of digital transformation accelerates and non-compliance penalties loom large, the need for robust identity security solutions has never been more pressing.
Significant Findings from the Report
Omada's extensive survey, which encompassed more than 500 IT and business leaders—from those managing identity governance to cybersecurity and general IT governance—highlights several critical findings regarding identity governance implementations.
Increased Investment in Cybersecurity
The report underscores a positive trend: 90% of surveyed organizations have reported enhanced funding for their IT security departments compared to the previous year. Additionally, over 64% of these organizations have secured cyber liability insurance to mitigate potential losses from data breaches.
Ongoing Challenges in IGA Deployment
Despite the increased funding, nearly 40% of respondents admitted that they have yet to deploy Software as a Service (SaaS) based IGA solutions, even while recognizing the necessity for modern approaches. A significant 60% also pointed to restrictive total cost of ownership as a key hurdle in their current IGA investments.
AI and Automation as Driving Factors
The push towards more efficient operations has led over half of the respondents to prioritize AI and automation in their IGA solution selection process. The report indicates a noteworthy demand for Generative AI capabilities to streamline processes that are often bogged down by manual tasks.
Statements from Leadership
Michael Garrett, the CEO of Omada, emphasizes the pressing nature of these findings: "Digital identities are proliferating, and companies must account for this. Identity security is the key to cybersecurity, yet many organizations struggle to harness the full benefits of their IGA systems. The search for modern, cloud-based solutions that can be implemented swiftly and cost-effectively continues—without sacrificing functionality. Organizations remain steadfast in their core IGA objectives: ensuring secure identity management, maintaining stringent access control over sensitive data, and achieving compliance without compromise. This process must be rapid, agile, user-friendly, and cost-efficient."
About Omada A/S
Omada is a global leader in Identity Governance and Administration (IGA), providing a comprehensive and enterprise-grade cloud-native IGA solution. This solution is designed to assist organizations in meeting compliance demands, reducing associated risks, and enhancing operational efficiency. Established in 2000, Omada specializes in innovative identity management tailored for complex hybrid environments, drawn from their best practices framework and proven deployment methodologies. For further details, visit omadaidentity.com.
Frequently Asked Questions
What is the main focus of Omada's 2025 Report?
The report primarily focuses on the current state of identity governance, highlighting challenges organizations face in security and investment.
Who conducted the survey in this report?
The survey was conducted by Omada and included over 500 IT and business leaders involved in identity governance.
What percentage of organizations invest more in cybersecurity?
According to the report, 90% of organizations reported increased funding for their IT security departments compared to the previous year.
How does AI fit into the findings of the report?
Over half of the respondents identified AI and automation as critical components when evaluating IGA solutions, particularly to minimize manual processes.
What does Omada provide in terms of identity governance solutions?
Omada offers a cloud-native IGA solution aimed at helping organizations reduce risk, ensure compliance, and maximize operational efficiency.