Recent web searches show the massive volume of unemployment insurance fraud occurring across the United States. The increase in unemployment claims due to job losses stemming from the COVID-19 pandemic, coupled with aging IT systems, have led to an increase in identity theft, fraud, and loss of federal tax dollars. The State of Rhode Island estimates 43% of its unemployment claims in the past year may be fraudulent. California lost over $11 billion dollars to fraud in the past year.
Too many vendor-based IoT blogs and articles go like this: These basic tenets are obvious and generally well understood by anybody in the orbit of IT. Missing here, however, is what are the essential elements that are needed to get your Internet of Things (IoT) project off the ground. What should you be looking for or careful not to miss?
Today we published a new study* conducted by Forrester Consulting on behalf of ForgeRock and our friends at Google Cloud on the state of identity and access management (IAM) in the cloud. It’s a terrific read, and I encourage you to check it out. We introduce an emerging concept called “Hybrid IAM,” which we think is the next phase of digital identity.
Cloud identity and access management (IAM) is a fast-growing trend that is predicted to extend well into the future. For example, Verified Market Research alone projects that, by 2027, the market for cloud IAM will be more than $14 billion. Yet, while the cloud-based IAM market is exploding, the reality is not all roses. In our last IAM 101 post, What are Hybrid IT and Hybrid Cloud?, we discussed the differences, benefits, and disadvantages of hybrid IT and hybrid cloud.
Organizations are rapidly adopting hybrid IT and hybrid cloud architectures. In fact, Gartner predicts that spending on public cloud services in 2021 will total more than $304 billion. And, as it pertains to identity and access management (IAM), Verified Market Research projects that, by 2027, the market for cloud-based IAM will be more than $14 billion.
ForgeRock has a rich history of transforming the digital identity experiences for the most successful companies on the planet. The announcement of Okta’s intent to acquire Auth0 underscores the importance of this market. It’s more exciting than ever to be part of ForgeRock as we execute on our mission of helping organizations create digital identity experiences that are frictionless and intuitive while still protecting the security of the enterprise in a Zero Trust environment.
Organizations are facing increasing pressure to provide employees and contractors with the right access to the right applications and systems at the right time. But how can they do this with their existing, manually-driven Identity Governance and Administration (IGA) solutions and processes? How can security and IT professionals address the needs of the new remote workforce and its demands for access to new cloud applications and services?
Congratulations to Jeff Bezos and the entire Amazon team on their incredible accomplishment of building the most highly valued company on the planet and revolutionizing the face of retail as we once knew it. I am confident that Jeff will successfully tackle even more interesting challenges and projects during the next phase of his career. His announcement last week prompted me to reflect on Amazon’s pioneering work in the areas of ecommerce, cloud computing, supply chain and logistics.
No matter how much security and interoperability it brings, the thought of ‘compliance’ always brings a resigned sigh. Yet, from the U.S. Federal Government (Fed) to state and local governments and educational institutions (SLED), complying with guidelines and standards is a must not only for security but for interoperability and cost reduction.