Ping Identity releases findings of report from 1,300 business executives on their IT processes.
International cyber security firm Ping Identity undertook a survey of 1,300 senior executives in the US, UK, Germany, France and Australia to better understand how their IT processes have been changed due to the ongoing pandemic.
The research revealed that many of the companies intend on having a bulk of their employees working from home in an ongoing capacity, resulting in the need for more IT financing.
One of the largest changes for Australian companies was adapting to new access management and remote identification procedures.
Ping Identity’s head of APAC and Japan Ashley Diffey demonstrated how adaptable businesses have become due to the pandemic.
“With cyber security now a top-level issue for all organisations, senior managers have a critical need to invest more in identity security capabilities to protect employees and customers in an era when remote working has gone mainstream,” said Diffey said.
“As the distributed workforce trend continues to gather pace, embracing security technologies such as identity and zero trust which enable employees to access applications, without opening the enterprise up to additional risk, should be a priority for organisations, which value both the integrity of their systems and data and a need to deliver a great customer experience for both customers and employees.”
Other key findings include: 57 per cent of Australian executives reported to have updated their security procedures due to the the COVID pandemic, meanwhile the number of companies using two factor authentication has leapt by 30 per cent.