use case

Manage Corporate & Personal Liability

use case

Manage Corporate
& Personal Liability

Challenge

Application Age Means Identity Diversity

While the laws, regulations, and frameworks an organization must comply with are easily and routinely adjusted over time, an organization’s applications are not as easily kept current. With the average Fortune 500 organization established 15 years ago, the applications powering it from week one likely have markedly different capabilities (e.g., identity features, protocols, APIs) compared to those deployed just one week ago.

Impact

Potential Non-Compliance And Liability

In the past, annual audits or incident response investigation reports may have identified gaps to be addressed through recommended improvements or possibly financial penalties. However, an emerging trend involves legal action related to both corporate and personal liability. Simply put, organizations and executives now face serious consequences stemming from known non-compliance.

"Enterprises need to assess and validate their applications to ensure consistent enforcement of identity governance, SSO, and MFA controls. Orchid's vision addresses this need by providing real-time IAM insights, helping organizations mitigate risks and meet evolving security standards effectively.”

Fabian Heiz

CISO, Coop

Solution

Assessing, and Assigning Redress of Identity Security Gaps

One way to reduce the organization and individual exposure from identity security gaps is to adopt an Identity Fabric that can automatically assess each application- its features, protocols, APIs and integration - against common cybersecurity frameworks, regulations and best practices. Then, once gaps have been flagged, their resolution can be assigned, tracked and confirmed.