While digital technologies are changing the IT world, they also expand the threat landscape and make it more challenging to manage overall cybersecurity threats. Managing the risks involved with allowing access to these new technologies is necessary regardless of whether the primary driver for digital transformation is to enhance revenue or reduce operational costs. Identity and access management (IAM) has emerged to contribute to reducing these difficulties. IAM is crucial for managing a digital strategy because it controls both the underlying processes for all of the identities as well as access to digital technology.
The cybersecurity market in Europe is predicted to develop at a CAGR of 14.93 per cent from 2020 to 2027, from $8.56 billion to $22.67 billion. Europe is prioritising cybersecurity and investing in infrastructure and equipment. The market for cybersecurity will broaden, as will the number of solutions offered, with the growing demand for robust Banking, Financial Services, Insurance (BFSI), and Defense security.
The Internet of Things (IoT) and connected device cyber security market in Europe is currently expanding. Leading European nations to adopt the Internet of Things and linked devices are Germany, the United Kingdom, France, and Italy. However, a large number of consumers in Europe are beginning to recognise the significance of wearable technology and comprehend its advantages. In recent years, European countries have seen an increase in the intensity of cyberattacks.
To embark on a digital transformation path involves upheaval and re-baselining all IAM technology and processes. Businesses should take into consideration IAM solutions that enhance user experience generally and make security engagement with digital technology simpler. In this edition of Cyber Security Review, we bring you the story of some of the most successful IAM solution providers in Europe, like BxC Consulting,that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership articles from subject-matter experts like Marc Ashworth, Chief Information Security Office, First Bank, and Sovattha Kao, Head of Information Security Department at Amret MFI,with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. We hope this edition will provide you with assistance in choosing the right IAM solution provider according to your requirements. We present to you Top 10 Identity and Access Management Solution Providers – 2022.
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