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Securing the Enterprise: Leveraging Authentication for Effective Identity and Access Management

Published by: Javelin Strategy & Research

Published: Sep. 1, 2007 - 13 Pages


Table of Contents


Overview

Primary Questions

Findings and Analysis

Leveraging Software-Based Fraud Detection Solutions for Strong IAM

Long Ignored, Insider Fraud Has Since Resurfaced as a Serious Threat

Vendor Overview: Fraud Detection Solution Providers

Best Practices: Approaching IAM as a Way of Doing Business, Not Just for the Sake of

Security

The Future of IAM and Forthcoming Integration of Fraud Detection

Appendix

Related Research

Table of Charts

Figure 1: Authentication Can Be Leveraged for Internal or External Access Control

Figure 2: What is the True Extent of Insider Threat?

Figure 3: Recent Breaches Caused by Insiders

Figure 4: Authentication Solutions for Identity Access Management

Figure 5: Legislative Compliance is Driving Efforts of FIs and Other Groups to Strengthen IAM

Abstract

What are the future forms of authentication systems that have been implemented primarily for compliance reasons? How can financial institutions (FIs) fully utilize these solutions efficiently and effectively? As financial institutions move toward a more enterprise-wide approach to fraud management, they are calling upon authentication solutions providers to help them extend the use of existing fraud detection capabilities to strengthen identity and access management systems across the organization. Building upon in-depth interviews conducted with leading authentication vendors and top U.S. financial institutions, this report examines the growth in demand for leveraging authentication solutions for external and internal access controls; identifies motivations for engaging in this undertaking; and relates the steps that current FIs are taking, not only to utilize existing fraud detection solutions across multiple areas, but also to connect potentially isolated risk/fraud departments throughout the institution.

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