Seven tips to reduce data breach risks
Best practice to improve IAM maturity and reduce security risk revealed
Best practice to improve IAM maturity and reduce security risk revealed
A recently commissioned study conducted by Forrester Consulting found that two-thirds of organisations have suffered from data breaches at least five times in the past two years.
The Forrester study found that organisations without a mature Identity and Access Management (IAM) approach experience two times more breaches and $5 million more in costs than those with a mature IAM approach. The study examined four levels of IAM maturity, and found a direct correlation between a mature IAM approach and reduced security risk, improved productivity, increased privileged activity management and greatly reduced financial loss.
It’s clear that traditional approaches are not working, and companies need to completely rethink their security approach. Organisations must employ IAM approaches as well as use integrated IAM technology platforms to reduce security risk in today’s boundaryless hybrid enterprise.
In response to that survey, hybrid cloud security specialist Centrify has shared seven best practices for enterprises to effectively defend their corporate assets from cyber adversaries. In today’s world of access, companies must increase their Identity and Access Management (IAM) maturity to effectively reduce the likelihood of a data breach.
Below are a few best practices for enterprises to improve IAM maturity and reduce security risk: