Seven Reasons Financial Institutions Should Consider Authorization
The finance industry has the second highest average cost for a data breach, according to a recent Cost of Data Breach report.
While many financial institutions have implemented authorization solutions to solve their access control challenges, there is room for improvement.
A critical way in which to have a more successful approach to access control that adheres to modern security standards including Zero Trust is to implement an externalized authorization solution, which externalizes access control decisions to a decision point that is decoupled from the application which provides data and transaction protection capabilities.
Read our fact sheet to learn how financial institutions can use authorization to solve their access control challenges.