As the Future of Work continues to evolve, organizations must adopt new technologies and approaches to stay ahead of the curve. One key area that is crucial for success is Enterprise Performance Management (EPM). EPM provides a framework for organizations to measure and manage their performance. It includes toolsets and processes that help organizations to set goals, track progress, and make decisions.

Identity and access controls are an important part of EPM. They help organizations to ensure that only authorized users have access to sensitive data and resources. By implementing proper identity and access controls, organizations can improve their work efficiency and prevent data breaches.

Security Breaches in New Work Environments

As employers increasingly look to remote workforces, the need for identity and access controls becomes more important. Enterprise Password Management (EPM) helps to manage these controls, ensuring that employees have the access they need while maintaining company security. Additionally, by managing these controls, businesses can help to improve productivity while still maintaining security. This will be increasingly important as more and more employers move towards remote workforces. 

According to a joint survey conducted by IDC and LastPass, one in three organizations worldwide is striving to balance user experience, productivity, and security. Also, the study references this Psychology of Passwords report stating that “65% of people always or mostly reuse the same password or a variation, and 45% didn’t change their password even after a breach had occurred.”

By providing a secure and easy to use system companies can make password management easier to handle for both employees and IT security teams. Remembering an impossible amount of passwords is one of the biggest issues employees face in supporting a company’s overall security. With a remote workforce, it’s critical that employers have a way to manage who has access to what, without increasing workloads. EPM can help with this, by managing identity and access controls. This way, employees will only have access to the resources they need, and employers can be confident that their data is secure. 

EPM in Tandem with Other Solutions

There is no one plug and play solution for complete password and identity security. Rather, a combination of EPM, SSO, and Multi-Factor Authentication (MFA) programs is best for the most secure and sensitive information. Read more about Password Management systems and how they can work in tandem with Single Sign On (SSO).

All of these in combination with one another must also be seamless for employees to use. The most novice IT employee in your firm must be able to easily implement the systems otherwise the entire company is open to attack.

Additional features that help organizations enable the future of work include:

– Single sign-on: 

(SSO) for a seamless user experience. This allows users access to all of their applications with one set of credentials. Manage multiple accounts easily.

– Two-factor authentication: 

(2FA) for an additional layer of security. This means that users provide two pieces of information – such as a password and a PIN – in order to access their account.

– Mobile device management: 

(MDM) capabilities allow organizations to manage and secure mobile devices that are used to access corporate data. This ensures that sensitive data is not compromised if a mobile device is lost or stolen.

Other features to look to add into your company’s security are:

• Ease of adding or removing users from your system.
• Ability to set up granular permissions, and monitor activity.

This makes EPM an ideal solution for enterprises that need to manage a large number of users across multiple locations. 

Other Benefits of EPM

EPM solutions help organizations manage identities and access control across a variety of devices and platforms. Specifically, it helps reduce the risk of data breaches and simplify compliance with industry regulations. EPM provides a secure, centralized repository for passwords and other sensitive data. 

In addition, EPM can help boost work efficiency by automating password reset and account lockout procedures. By streamlining these processes, EPM helps reduce the number of IT support requests and improve the overall user experience.

It’s essential to provide a complete security solution for managing access to your work from home environment. In a world where mobility and flexibility are key, Enterprise Password Management helps organizations keep pace with the changing landscape.

 

The Future of Work

The future of work is evolving. With it, the need for enterprises to manage passwords and access controls more effectively grows. As the world increasingly moves towards a remote work model, it is more important than ever to have a robust and secure identity and access management solution in place. EPM will be an increasingly important tool for organizations of all sizes.

 To learn more about how EPM, Identity, and Access controls can benefit your organization, contact us today.