02.4.2016

Stopping Data Leakage:  A Four-Tiered Approach

Michael Brengs, Managing Partner, Optimal IdM

According to research by the Ponemon Institute, the average cost of a data breach in 2015 reached more than $3.8 million, or between $145 and $154 per record compromised. That is a 23 percent increase over 2013. This upward trend reflects a clear need for more effective security controls, both in terms of information storage and at the level of an organization’s policies and procedures. While every business faces different threats, there are several steps every entity can take to be more secure.

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Tags

  • The database in which all of your organization’s sensitive identity data is stored.
  • A digital ledger in which digital transactions are recorded chronologically and publicly.
  • Securely managing customer identity and profile data, and controlling customer access to applications and services.
  • The means of linking a person's electronic identity and attributes, stored across multiple distinct identity management systems.
  • A legal framework that sets guidelines for the collection and processing of personal information of individuals within the EU.
  • The policy-based centralized orchestration of user identity management and access control.
  • An authentication infrastructure that is built, hosted and managed by a third-party service provider.
  • A security system that requires more than one method of authentication from independent categories of credentials to verify the user's identity for a login or other transaction.
  • A global provider of innovative and affordable identity access management solutions. 
  • Managing and auditing account and data access by privileged users.
  • Tools and technologies for controlling user access to critical information within an organization.
  • An authentication process that allows a user to access multiple applications with one set of login credentials.