Your company is likely to handle sensitive information that must be secured from unauthorized users. Failure to control access can cause a disastrous loss of important assets. Access control is a notion which aims to function as a gatekeeper and define the guidelines for handling sensitive material. As organizations evolve and change their practices for handling data might not be acceptable or appropriate. This often results in sensitive information being released to unauthorized users, whether from within the organization or outside.
Inadequate control can lead to the loss of data belonging to a first party, like customer and employee information. A breach of this kind could expose your company to costly regulatory penalties and lawsuits, as well as fines. It could also affect your customers’ and clients’ trust.
Managing access is both an both an organizational and technical process. Getting controlled access to confidential data requires the proper balance of policies processes, and technologies. These are vital to ensure your company is in compliance with standards and regulations in the industry, maintains its business agility and retains the trust of customers and customers.
For instance, you should ensure that your physical security procedures are in place. This requires employees to keep documents, thumb drives, and backups of personal data in locked cabinets, and also to notify the security team of visitors to your premises. It is also important to create an “need-to-know” for access to all. This requires employees to use passwords, two-factor authentication, and to review their privilege list regularly.