IDENTITY SECURITY
Just as the fingerprint has become a unique identification mechanism, the digital identity has become the unique identifier in the world of technology. With an ever-growing number of technological assets, companies are facing a lack of control and protection over accounts and access to these assets, which presents a massive security vulnerability. In short, identity security gives you a bird’s-eye view of who has access to what, and whether that access is appropriate for that person, allowing you to then grant or revoke permissions in accordance with current operational policies.
WHY SHOULD YOU CARE?
Do you remember the 2020 attack on Twitter’s biggest accounts (including those of Bill Gates, Elon Musk, and Barack Obama)? If not, here’s a brief summary: A group of hackers managed to infiltrate Twitter and, through the accounts of many famous people, posted a message that said something like this: ‘Today I feel generous, for every $1,000 USD you deposit to account XXX, I will deposit $2,000 USD back to you.’
How did they achieve this? They gained access to several employee accounts through phishing (fake emails) and simply browsed the system to find loopholes to infiltrate, all while NO ONE NOTICED. This was a high-profile case because it involved a well-known social network, but in reality, this happens every day all over the world. And ‘the average time to identify a breach is 207 days’ -IBM. This means your company could be compromised right now, and you wouldn’t even know it. Identity security gives you the visibility that allows you to identify breaches quickly and in a timely manner.
WHAT VALUE WILL IT BRING TO YOUR COMPANY?
Centralized Visibility
Identity governance solutions are designed to provide company-wide visibility into corporate resources by aggregating and correlating identity information across all environments, from the datacenter to the cloud. The result is a single, global view of who has access to what and whether that access is appropriate. With this centralized intelligence, businesses and IT teams can identify high-risk employee groups, security policy violations, and inappropriate privileged access, allowing them to take measures to minimize these risks.
Consistent Processes
Identity governance solutions provide consistent processes for reviews, requests, access approvals, and password management. These processes are governed by common policies and an established model of roles and risks. Having solid identity governance will enable processes to be carried out precisely and efficiently, consistently enforcing policies, controlling access based on roles, managing risk, and maintaining traceability for auditors.
User-Friendly Interface
Identity governance solutions are designed to be used by business users—a requirement for effectively maintaining identity governance and oversight. Business managers can request, approve, and review access using user-friendly interfaces within a clear business context. They also feature access to reports, dashboards, and analysis tools that provide the organization with the necessary information and metrics to strengthen internal controls and reduce risk.
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