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To have a successful conclusion to the mergers and acquisitions process, identity and access management teams need time to prepare, test, and communicate with users to ensure the process goes as smoothly as possible.

Unauthorized access: During a rapid transition, there is often temporary confusion regarding who has access to sensitive data.

Unhappy former employees may misuse customer data if their access to banking systems is not promptly and properly revoked.

Create an access management and authentication plan: A comprehensive plan includes procedures for creating, managing, and deleting user accounts, authentication methods, access controls, and data security.

Monitor identity-related activities: Monitor activities, such as user access and authentication attempts, to detect and prevent unauthorized access and data breaches.

Identity and access management is critical to achieving both, allowing organizations to manage and protect the identities and data of all their stakeholders even during unexpected business upheaval.

News URL

https://www.helpnetsecurity.com/2023/05/23/access-management-challenges-during-ma/