 With corporate governance policies, and government or industry regulations that can result in stiff fines and brand damage for disclosure of customer private information (such as credit card numbers and social security numbers) or inappropriate access to customer accounts or corporate networks, it is becoming increasingly imperative to monitor for and block sensitive or private information from leaving the corporate perimeter.
Mumbai, Maharashtra, India, August 31, 2006 -- With the ever increasing rates of identity fraud due to Internet-based attacks, such as phishing, strong identity assurance is vital. It is also widely observed that most sensitive and private information leakage is not malicious, but accidental on the part of the employees either not being aware of corporate policies or not realizing the information they are communicating is actually subject to new regulations.
To understand
this in detail, Frost & Sullivan had convened a one-day executive conference on 'The Business Imperative for Next Generation Enterprise Software and Systems,' in Mumbai today at Hotel J.W Marriott.
IT Governance is a module that ensures systems, embedded in IT infrastructure, are capable of meeting business objectives with the help of appropriate processes, people and guidelines. Regulatory compliances such as HIPAA, Sarbanes Oxley Act etc are imposed to strengthen the corporate accountability. IT
Governance and Compliance has gained increased importance on account of its ability to measure the performance of IT projects implemented.
Thus need for security, due to extended corporate networks and therefore increased usage of web services, and government regulations such as Sarbanes Oxley- & HIPPA have compelled the adoption of Identity management in enterprises.
Mr. Alok Shende, Director, ICT Practice, Frost & Sullivan, elucidated, "Many vendors are adapting their marketing
messages announcing a new positioning as identity management providers. Frost and Sullivan defines identity management as the process of managing authentication, access rights, privileges and administration of digital users. Identity management is one of the fastest growing areas in the security market. However, this concept has no clear definition. "
Apart from aiding in regulatory compliance and security issues, identity management enhances operational efficiency of enterprises, reduces cost and
enables risk management. The matured or high level service centric identity management solution possesses features which include automated audits and attestations, consistent access and provisioning, ability to manage change automatically and full delegation."
As organizations open their networks to increasing numbers of employees, customers and partners, they are faced with the challenge of providing accounts to multiple users with the appropriate level of access to applications and resources. As
a result, large enterprises are beginning to demand comprehensive identity and access management solutions that can provide self-service to end users in a secure environment while addressing all aspects of user administration, authentication and access control.
"India is witnessing an explosive growth in the adoption of IT in the last few years and the numbers of users that depend on IT to perform their work has grown by orders of magnitude. The effort involved in the management of digital identities
of users has grown significantly and is putting huge pressure on over-stretched IT departments. Add to this, the growing incidence of Identity Fraud and the associated damage to corporate reputations, it is time this area of IT management is given serious attention.
HP has a comprehensive suite of Identity Management solutions that is helping organisations leap-frog technology limitations of existing solutions. HP's Identity Management suite significantly eases the challenges of this area of IT management.
HP's solutions take an innovative approach to managing identities using a unique "business services" approach to provisioning of users. HP's solutions include User Provisioning and Identity Lifecycle Management, Web Single Sign On, Authentication and Authorization, Identity Federation and comprehensive audit reporting." Manjunath Bhojaraja Business Development Manager, Identity Management Solutions HP Software Asiapacific.
This event gathers solutions and ideas related to a gamut of issues
like Security, Business Intelligence, enterprise platforms, mobile enterprises, integrated enterprises etc. Industry leaders from SAS, HP and Trend Micro have come forward to enlighten the audiences comprising large enterprise CEOs, CTOs, Technology managers, etc.
The event will take place in 6 cities in India, namely, New Delhi, Pune, Bangalore, Hyderabad, Chennai and Mumbai. For any event related information, please log on to our website www.frost.com/ess
About Frost & Sullivan:
Frost
& Sullivan a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 45 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects
a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com.
Contact:
Shwetha Thomas,
Corporate Communications,
Frost & Sullivan,
+ 91 (022) 4001 3429,
sthomas @ frost.com
News Source: PRWeb
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