Audit & Compliance
Modern Enterprises Are Data-Driven
From employee credentials to customer data, do you store and handle a massive amount of sensitive information? If your data falls into the wrong hands, the results can be catastrophic. That’s why compliance regulations such as HIPAA, GDPR, and PCI DSS exist. However, meeting those requirements can be time-consuming and costly. We help you achieve compliance affordably and enjoying greater peace of mind – with the help of Identity and Access Management (IAM).
What is the true cost of poor compliance?
“As a customer, I don’t want to be blindsided by a compliance issue.” Proactively taking risk management steps to meet compliance requirements will help you avoid costly mistakes. For example, the infamous Yahoo and Equifax data breaches demonstrate the importance of compliance. When companies mishandle their data and fail to properly secure their IT systems, the results can be devastating. Yahoo lost $1 billion as a result of their data breaches, and the Ponemon Institute reports that it takes an average of 46 days and more than $21,000/day to recover from a data breach. And that doesn’t even include regulatory fines, loss of customers, and other negative consequences.
How Identity & Access Management Helps With Compliance
Access Controls
Role-based access control (RBAC) and security policies give you deep insight and granular control over who accesses what resources throughout your organization – all from one unified admin dashboard. You can set conditions to permit access for specific job titles or roles, on specific days and times, or even based on the user’s location or device.
Secure Access
Usernames and passwords are easily compromised. That’s why PCI DSS, for example, requires that all access in the cardholder data environment (CDE) be protected with Two-Factor Authentication (2FA). But it doesn’t stop there. Identity and Access Management solutions can also help you implement Zero Trust security for the most secure access.
Audit & Reporting
One of the most dreaded aspects of compliance is the audit, wherein regulatory authorities periodically evaluate the extent of your compliance. Identity and Access Management makes this process a breeze with audit-friendly access and activity logs, privileged session recordings, and compliance-ready reports that can be generated in just a few clicks.
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