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TLDR:
Key Points:
- Businesses need to improve data security measures to combat cyber threats
- Organizations must address access management and data governance challenges
There are currently 5.35 billion internet users globally, creating vast amounts of data with every online interaction. Businesses are increasingly at risk of cyber attacks as the volume of data grows and cybercriminals become more sophisticated. Organizations struggle with data access governance, leading to over-provisioning of access and increased security risks.
Unstructured data poses a challenge for businesses, as it is difficult to track and secure. Lack of visibility into who has access to critical data increases the likelihood of security breaches. Improper access management can result in security issues, financial losses, reputational damage, and operational downtime.
To mitigate risks, organizations need to implement effective policies and procedures for access management and risk analysis. Using AI-enabled identity security solutions can help streamline access processes and improve security measures. Companies must act swiftly to protect their data in the face of escalating cyber threats.
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