Identity Access Management Systems Need to Focus on Greatest Risks

Risk Management
Vendor Management

Manual processes leave financial institutions open to insider threats, said a study showing that nearly 60 percent of U.S. businesses and government agencies report they don't have the information or the technology to deal with insider threats to their network. This is according to a new study done by the Ponemon Institute.

“For the financial services industry there are some important implications in terms of account takeover, authentication credential and a very big risk of a harmful event if someone gains control of part of a financial institution’s network,” said Larry Ponemon, President of the Ponemon Institute.

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