Read The Times Australia

Daily Bulletin

Okta Study Reveals Growing Number of APAC Organisations Embracing Zero Trust and Nearly All Recognise the Importance of Identity to Next-Generation Security

Zero Trust Security helps organisations thrive in the era of hybrid work and increasingly sophisticated cyber threats

SINGAPORE - Media OutReach - 5 October 2022 - Okta, Inc. (NASDAQ: OKTA), one of the leading independent identity providers, today revealed that a growing number of Asia-Pacific (APAC) organisations are embracing Zero Trust Security initiatives to overcome the challenges of today's dynamic cyber threat landscape.

The State of Zero Trust Security in Asia Pacific 2022 report, commissioned by Okta and conducted by Pulse Q&A, found that the percentage of APAC organisations that had implemented a Zero Trust Security initiative had grown by 18 points from the 2021 figure to reach 50%. While the rate of Zero Trust adoption among APAC organisations (18% YoY growth) was lower than the global figure (31% YoY growth), almost all (96%) respondents in APAC have a defined Zero Trust security initiative in play or in plan for 2022.

The report also found that APAC organisations were slower to recognise the importance of leaving passwords behind in the quest for stronger security and identity and access management (IAM) to combat increasingly sophisticated cyber threats. Of all organisations worldwide, those in APAC had the lowest adoption of passwordless access, with only 0.5% having implemented and only 10% planning to implement in the next 18 months.

There is a growing consensus among global organisational thinking that an identity-first approach to Zero Trust is not only paramount, but essential. This allows organisations to fully leverage identity and access management (IAM), by integrating it with other critical security solutions, into a powerful central control point for intelligently governing access among users, devices, data, and networks. The research found that 80% of global organisations consider identity as important to their overall Zero Trust security strategy, and an additional 19% say identity is business critical. APAC respondents rated the importance of identity to their overall Zero Trust security strategy at 83% while an additional 15% say identity is business critical.

While securing data, networks and devices continue to rank as the top priorities among surveyed organisations, a growing proportion recognises the importance of people to an identity-centric security model. The report found organisations in the APAC region place a greater emphasis on automating the provisioning and deprovisioning of employees and working on privileged access for cloud infrastructure over the coming 18 months. The responses forecast an increase from 22% to 76% adoption and from 43.5% to 88% adoption, respectively.

Nearly all APAC organisations acknowledge identity is key to Zero Trust Security

"By adopting Zero Trust Security, organisations can position themselves to overcome the challenges presented by hybrid work–including mobile and remote working–by adopting an identity-centric approach to network and resource access rather than relying on outdated security models based on the traditional network perimeter," says Ben Goodman, SVP and General Manager for Asia Pacific, Okta. "Our research showed that while APAC organisations lagged behind their global counterparts in implementing Zero Trust Security, 98% of respondents recognised that identity was important or business-critical to that approach."

Despite the concept of Zero Trust Security being discussed as early as 2009, many APAC organisations and leaders lack understanding about its benefits. This elevates risk in an environment of increasingly sophisticated security threats. However, most APAC organisations are acutely aware of the need to stop malicious actors from compromising their people, systems, and data to the extent that 75% of those surveyed prioritised security over the useability of business-critical applications and resources, unlike most of their global counterparts.

Of those APAC organisations that have yet to implement a Zero Trust Security initiative, 38% said they planned to do so over the next six to 12 months.

Unfortunately, as with many ICT projects, the global talent crunch presents a sizable challenge; 31% of APAC organisations cited talent and skills shortages as a challenge, followed by a lack of stakeholder buy-in and lack of awareness of Zero Trust Security solutions, both cited by 18% of respondents.

Investment commitments in Zero Trust Security Upheld

The report found that APAC organisations typically followed through on their 2021 commitments to invest in Zero Trust Security. Last year, 76% of organisations in the region pledged to increase their Zero Trust Security budgets moderately or significantly, and 82% of APAC organisations in this year's survey reported a moderate or significant increase.

Zero Trust Security is a security framework based on the assumption that every user, device, and IP address accessing a resource is a threat until proven otherwise and requires organisations to implement rigorous security controls to verify anything that attempts to connect to the corporate network. The rapid take-up of mobile, cloud, and hybrid working has put pressure on organisations to replace increasingly redundant 'castle and moat' security models with more agile, holistic approaches centered on identity.

In the context of Zero Trust Security, identity is an actor–whether human or process–that wants access to data for purposes that include retrieval, deletion, and modification. With an identity-centric approach, organisations can give the right people the right level of access to the right resources in the right context, with access assessed continuously.

To complete the State of Zero Trust Security in Asia Pacific 2022 report–which assesses the maturity of identity and access management in APAC organisations and where they reside on the journey towards a full Zero Trust security posture–Pulse Q&A surveyed 200 security leaders across the region. The survey questionnaire covered the Zero Trust initiatives organisations had in place and how they planned to prioritise these over the near and long term.

Okta's State of Zero Trust Security in Asia Pacific 2022 report can be downloaded here.

Hashtag: #Okta

About Okta

Okta is one of the leading independent identity providers. The Okta Identity Cloud enables organisations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organisations everywhere, giving them the confidence to reach their full potential. More than 16,400 organisations, including JetBlue, Nordstrom, Siemens, Slack, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and customers.

Business News

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

How Long Does a Solar Home Battery Last? LFP Cycles and Warranty Explained

A battery does not usually reach its advertised cycle count and suddenly stop working. Capacity ch...

How to Hire a Nanny: A Complete Guide for Families

Finding the right childcare professional can make everyday family life easier and give parents gre...

The Blue-Collar Shortage Employers Can't Solve With More Applicants

Australia's hiring market has cooled considerably since the post-pandemic frenzy of 2021 and 2022. F...

The Playground as Classroom: How Line Markings Are Reinforcing What Students Learn Inside

For a long time, the playground was treated as a break from learning rather than part of it. A place...

How Technology Is Changing the Way Gardens Are Maintained

Garden maintenance has always been a hands on ritual. Mowing on a schedule, watering by instinct, an...

One Blocked Drain Can Become a Whole House Plumbing Problem: How It Happens

A blocked hand basin feels local. So does a slow shower. Homeowners naturally focus on the fixture...

AI in Marketing: From Experiment to Everyday Tool

For the past couple of years, artificial intelligence in marketing has mostly lived in the "let's se...

What Businesses Can Do to Make Sustainability More Practical Day to Day

Sustainability can sound like a huge corporate project, something tied to annual reports, long-term ...

The Hidden Logistics Behind a Smooth-Running Construction Site

A construction site can look chaotic from the outside. There are machines moving in different direct...