For small and mid-sized organizations, mitigating identity-related access risks may seem like a never-ending struggle they face on their own. Tasked with supporting countless systems, networks, and applications with access to key data, they frequently have limited staff and rely on manual user provisioning and deprovisioning. They may depend on decentralized processes for managing accounts—limiting their visibility into access levels and magnifying access risks across the business.
The rise of robotic process automation (RPA) during the last several years has enabled organizations to adopt new technologies that drive efficiencies across their business. RPA solutions leverage software robots that communicate with business systems and applications to streamline processes and reduce the burden on employees for completing mundane, repetitive tasks. Embracing new technologies like RPA has helped organizations transform the way work gets done.
For small and mid-sized organizations, mitigating identity-related access risks may seem like a never-ending struggle they face on their own. They are tasked with supporting countless systems, networks, and applications with access to key data. They have limited staff, frequently rely on manual user provisioning and deprovisioning, and depend on decentralized processes for managing accounts—limiting their visibility into access levels and magnifying access risks across the business.
With the rise of cloud computing, organizations have expanded their reliance upon cloud platforms. Many have expanded their capabilities and capacity through cloud servers, while others have adopted a hybrid approach that includes both cloud and on-premise environments.
The impact of COVID-19 has been far-reaching across nearly every sector. Millions of knowledge workers now work remotely, making companies particularly vulnerable when it comes to external access risks. Many organizations lack a centralized process to manage user access to accounts and resources. They often have limited visibility into access levels users possess to data and systems within their network. And they may be quickly adding or changing access levels to meet the needs of their remote workforce.
The identity security landscape has transformed considerably within the last two decades. And for good reason. Mitigating identity-related access risks has become essential as companies face threats every day, from virtually everywhere.
The impact of COVID-19 has been far-reaching across nearly every sector. But none has been so greatly disrupted as the healthcare industry. Managing through this crisis has required healthcare systems to expand some aspects of their workforce and redeploy others virtually overnight in order to transform the way they offer services to patients.
Financial services organizations today face extraordinary challenges in a dynamic, complex landscape. During the last two decades, the financial services sector has seen everything from increasing cybersecurity threats, data breaches, and cyberattacks to intensified regulatory compliance, an acceleration of digital transformation, and the pressure to increase operational efficiencies and decrease overall costs.
Access-related risks represent one of the biggest obstacles organizations must address in a complex threat landscape—and they are lurking everywhere. Whether from changes in the business, like hiring, promotions, or transfers, from business growth and transformation, including M&A activity, corporate reorganizations, or new product introductions, from infrastructure changes, like new platforms, applications, and systems, or from insider threats, which can arise intentionally or unintentionally, access risks present a constant threat to the business.