Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Adopting modern identity and access management (IAM) solutions is a crucial step in your security roadmap. Here are seven compelling reasons for organizations to make the switch to Cloud-based identity systems to unlock a range of identity security enhancements and expanding use cases.

Small and midsize businesses (SMBs) are increasingly becoming prime targets for cybercriminals, accounting for 46% of all cyber breaches impacting companies with fewer than 1,000 employees. With an alarming 30,000 small business websites compromised daily and the average user receiving 1.5 malicious emails, the reality is clear: it's not a matter of if your business will face a cyber threat, but when.

In recent years, cybersecurity has undergone a radical transformation. Traditional solutions, once sufficient to protect organizations' digital assets, have become obsolete against increasingly complex cyber threats. Malicious actors now leverage advanced technologies to launch sophisticated attacks at unprecedented scales and speeds. According to the UK's National Cyber Security Centre, AI is accelerating the spread of ransomware and lowering the entry barrier for less experienced cybercriminals.

As cyber threats intensify, demand for managed services continues to grow at a rapid pace. According to Canalys, by 2025, 28% of managed service providers are expected to achieve over 20% growth. To maintain this positive trend, MSPs must evolve towards an MSP 3.0 model, as AI integration and automation are essential tools in addressing cyber risks and regulatory challenges.