Your company is likely to handle sensitive information that needs to be protected from unauthorised users. Failure to manage access could result in a catastrophic compromise of these precious assets. Access control is a notion that is intended to act as a gatekeeper. It also defines the parameters for handling sensitive material. As organizations grow and change, their original methods of handling data may not be acceptable or appropriate. This can result in sensitive information being accidentally made available to uninvolved users within or outside the company.
Inadequate controls can also cause the loss of first-party data, which includes employee and customer information. This could expose your company to costly regulatory penalties such as fines, lawsuits or fines. It could also undermine the trust of your customers and customers.
Access management is an organizational as well as technical process. Getting secured access to confidential information requires the proper balance of policies procedures and technology. These are necessary to ensure that your organization adheres to the industry’s regulations and standards while ensuring that it is agile in its business and maintains customer and client confidence.
For instance, you need to make sure that the physical security procedures are robust and effective that require all employees to store paper documents or backups on thumb drives that contain personal information in locked cabinets and to notify anyone who enters your facility to the security team. It’s also crucial to establish the right “need to be aware” for all access, requiring that employees use passwords and two-factor authentication, and regularly review their privilege list and promptly revoke access rights when they’re no more required, and also encrypt data to shield it from being read or altered.
https://technologyform.com/boardroom-technologies-how-we-change-with-the-times