Cloud migration and increasing employee turnover increase security risks
TOKYO, JAPAN—2023 13 December—RSA, the security-first identity leader, today announced strategic investments to help Japanese public and private organizations adapt to emerging cybersecurity threats and meet the recommendations detailed in the General Policy for the Protection of Critical Infrastructure.
At the request of its customers and following a nearly 3X growth in Identity as a Service (IDaaS) deal volume year-over-year, RSA will build on its more than 25 years of success in the country with new investments that will provide Japanese private and public organizations with the tools and security solutions they need to protect their data.
Internal and External Risks Threaten Japanese Organizations
Outdated security protocols, lack of proper security awareness training, malicious intent, and a shortage of corporate IT staff are making it far more difficult for Japanese organizations to ensure their data is secure. Recent data breaches, such as the cyberattack on Japan’s aerospace exploration agency (JAXA), attacked identity components to gain authorized access to the directory that manages employee IDs, passwords, and viewing privileges. Japanese organizations suffered 7,800 detected breaches in the first half of 2022, double the rate of 2019 according to the National Police Agency.
Compounding the risks posed by external actors, internal actors have also caused security incidents at Japanese organizations. Employees continue to be one of the costliest threat vectors to an organization: the IBM Cost of a Data Breach Report 2023 found that “attacks initiated by malicious insiders were the costliest” for organizations, costing an average of USD 4.9 million.
Those risks may be exacerbated by the increasing among young Japanese workers to switch careers. Nearly one in three Japanese graduates quit their first job within three years, and 34% of recent university graduates no longer prefer lifetime employment with one company. As a result, identity and access management solutions are increasingly vital to ensuring past vendors, business partners and employees no longer have access to prior resources.
RSA Datacenter will Address Growing Demand for a Unified Identity Platform
RSA will launch a new datacenter in the country to meet growing market demand for RSA® ID Plus, the only IDaaS platform that can support cloud, hybrid, and on-premises configurations. The new datacenter will help Japanese government agencies, financial services, healthcare providers, and other critical infrastructure secure access, prevent risks, and enhance productivity. It will also provide Japanese organizations with a unified identity platform to secure authentication, access, governance, and lifecycle for their users, systems, and data.
“The significance of the Japanese market cannot be overstated,” said RSA CEO Rohit Ghai. “For more than a quarter of a century, RSA has maintained trusted relationships with some of Japan’s leading businesses. However, as cybersecurity risks continue to evolve and as the Japanese labor market transforms, our customers asked us to make a strategic investment that would deliver the new innovations they need to address emerging threats. This new commitment will help Japanese organizations deploy unified identity capabilities to enhance their cybersecurity posture, keep their users productive, and build resilience.”
“Cloud technologies can provide Japanese organizations with significant value, but also introduce significant risks,” said Chief Product and Technology Officer Jim Taylor. “To operate in the cloud successfully, leaders need to approach security differently and should prioritize full identity solutions—including authentication, access, governance, and lifecycle—across a hybrid environment.”
“RSA has worked in Japan since the 1990s, and in that time, we’ve changed our corporate structure, brought new innovations to market, and committed additional resources to help Japan’s security-first leaders defend themselves from the most frequent and highest-impact cyberattacks,” said Hirofumi Yatsuzuka, RSA Regional Director APJ North. “This latest investment will help provide Japanese organizations with more options to securely operate in the cloud.”
RSA has been serving the Japanese market for over 25 years as various corporate entities. The current entity, RSA Security Japan G.K., was incorporated in 2020 following a result of the organization’s spin-out most from Dell Technologies Japan Inc. Throughout that time, RSA has provided organizations with the cybersecurity capabilities they need to operate securely. This latest investment will help organizations secure their cloud environments, which introduce significant security risks: IBM found that migration to the cloud is one of the biggest factors in increasing the financial impact of a breach. The report also noted that the most common form of cloud breaches “included data that spanned multiple environments—including cloud and on premises.”
The AI-powered RSA Unified Identity Platform protects the world’s most secure organizations from today’s and tomorrow’s highest-risk cyberattacks. RSA provides the identity intelligence, authentication, access, governance, and lifecycle capabilities needed to prevent threats, secure access, and enable compliance. More than 9,000 security-first organizations trust RSA to manage more than 60 million identities across on-premises, hybrid, and multi-cloud environments. For more information, go to RSA.com.