2024 State Of Identity Security in Financial Services
Financial services companies are managing tens of thousands of identities which, at scale, can be challenging to quickly manage and secure access for employees as they join, transfer departments, or leave a company. 77% state these problems are exacerbated by a rapid influx of identities as a result of mergers and acquisitions. Acquired companies may lack visibility into all their identities’ access and may delay, inadvertently overprovision, or underprovision access.
Download this whitepaper to take a deep dive into alarming statistics about the challenges faced by the finance industry:
- Overprovisioning of access to third parties;
- Manual processes hindering identity management;
- Significant security risks due to identity sprawl.