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The critical role of authorization in safeguarding financial institutions

criticalData breachimportance 60
Tagsbreach
Full article76 words · extracted from helpnetsecurity.com · click to collapse

According to a recent Cost of Data Breach report, the financial industry has the second highest average cost for a data breach, making the value well worth financial institutions investing more into authorization.

In this Help Net Security video, David Brossard, CTO at Axiomatics, discusses how, whether it’s protecting their own or their customers’ specific privacy/confidentiality while also adhering to global compliance regulations, there is a lot to think through regarding access control.

Text extracted automatically; images, tables and formatting may be missing. Original: https://www.helpnetsecurity.com/2023/09/14/financial-institutions-authorization-video/