Risk management
Effective risk management lies in understanding and assessing risks.
Operational failures by large organisations have fuelled the economic situation
that has emerged over the past decade and have given rise to numerous regulations (SOX, LSF, Basel 3, Solvency 2).
At the same time, the large number of users and their mobility,
as well as the growing number of applications, has made access management highly complex.
The need to work in a fast-paced, high pressure environment has meant that certain people have acquired permissions to access data that
they are not or are no longer entitled to hold. For many organisations, we can ask how many
permissions have been granted that should not have been or should no longer be in place? Responding to
this question can take months if a company simply appoints a team of consultants to carry out an audit.
However, audits have become indispensable as they enable companies to assess and take risks with full knowledge of the facts.
Nowadays, companies need identity and access management tools to effectively manage risks.
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