An evolving regulatory landscape and heightened regulatory scrutiny have made the audit process a nightmare—for those without the right technology. More and more, identity and access management features, such as multi-factor authentication, privileged access management, and lifecycle management are being mandated by government and industry regulations. Those who fail to comply face severe penalties, fines, and even losing the ability to access data sources or do business.
Stricter Regulatory Controls
While the regulatory landscape has evolved, your IAM system has not, putting you at risk of failing an audit, large fines, or worse yet, a breach. Government or industry regulations, such as SOX, CJIS, DFARS, HIPAA, HITECH, EPCS, Positive ID, and PCI-DSS, require you to have strong authentication in place.