Craft customizable and specific policies to clearly articulate what conditions your organization requires for users to perform the duties in manners that satisfy compliance auditors.
Since situations change, your policies need to be dynamic to account for different scenarios. A user may be authorized full access one hour, but due to a change in location, device, risk profile etc., only limited access perhaps with sensitive data-masking the next.
The key with leveraging a policy authorization engine that can account for dynamic attributes is that you have options beyond simply denying a request when it is out of compliance.
Your company’s CFO is offsite meeting a potential investor and needs to get access to your CRM system to verify some key account data. Under certain compliance rules, the CFO should not be permitted to access the customer’s PII as they are out of the country, and access would be denied.
With a dynamic authorization policy instead of a static one, the CFO can still get the access they need, but all personal details about any individuals have been removed or anonymized.
Axiomatics has had the privilege of partnering with some of the largest, most sophisticated organizations in the world to deliver on complex authorization requirements.
Whether it was an authorization solution to serve millions of customers in a banking portal or protect sensitive aerospace and defense information, Axiomatics has committed to making enterprises successful. The table below outlines some sample experiences and use cases that Axiomatics has delivered to earn the trust of its customers, specifically in the financial services industry.
|Online Payment Authorization
|Anonamlus Behavior Detection and Response
|Before Axiomatics (Challenge)
|Payment service provider wanted to reduce operational cost of transaction and address their audit concerns.
|A large national bank was unable to use their IGA role-based systems to manage the delegation of permissions for special cases.
|European bank needed to comply with regulations that oversaw the prevention of “conflicts of interest” cause by existing relationship between employees and their families. The relationship associated with the employee will determine whether they can access the financial data of a customer regardless of their role with the bank.
|To fight against fraudulent behaviors, a national bank wants to be able to detect fraudulent instances and terminate accesses when it occurs.
|With Axiomatics (Result)
We can help you orchestrate and report on all access policies from a single, award-winning platform. Since 2006, Axiomatics has specialized in authorization and helped organizations to defeat policy complexity and accelerate their business.
See Axiomatics in action within the banking and finance industries by downloading our brief:
Meet with us and see how our award-winning solution can help you meet today's access control and Zero Trust needs.Request a demo