Team Avancer

Avancer Corporation is a systems integrator focusing on State of Art Identity and Access Management technology. With over a decade of experience of integrating IAM solutions for world’s leading corporations we bring you some insights through our articles on Avancer Corporation’s Official Blog

Why Financial Institutions Must Gang-Up Against Cyber-Criminals

07/07/2016

If the data resting with a financial organization is breached – for cyber criminals it is like hitting a jackpot! The financial sector is one of the top targets for cyber criminals. Over past few years, banks and financial organizations have been subjected to a barrage of cyberattacks. There are more varied versions and different researches pointing at vulnerability related to leaking of financial data. For organizations, it is important to find learning from these thefts and undertake corrective measures. Why financial institutions must gang-up against cybercriminals.We have placed together a few cases – to learn from. Here are the top breaches reported in the financial sector: JP Morgan Chase Learning: Cost of theft fixation is enormous, better set an annual budget. Case: With ... Read More

What should you know about your IAM Partner?

06/08/2016

The demands of business ecosystem have never ceased to increase. This has further increased challenges related to maintenance of secured IT environment across various IT touchpoints. In addition, technological integration should supplement organizations’ fundamental need to operate in a seamless manner. Each aspect of IT and related implementation or integration come with its own set of tailored needs. Furthermore, depending on the industry, functional or regulatory requirements, each IAM deployment is different. The management, including CFO’s, CSO or IT heads, needs to carefully look up at the pain points related to every aspect of technology so that they can be addressed. Given this scenario, there have been too many technology services coming up with custom capabilities for various aspects of ... Read More

Why Third-Party Access is a Critical for PAM in Cloud

06/04/2016

The growth of mobile devices, social media and big data have resulted in companies relying heavily on outsourced IT and cloud services. Thereby, the focus towards privileged access for third-parties is also gaining prominence, helping companies to minimize risks of data theft and violation of compliance regulations. Traditionally, most of the systems were on-premises, and secure access was provided to the data center. With companies moving to the cloud, broader access is required and the chances of people with malicious intent gaining access is also increasing. Take for example, any e-commerce company. For these businesses to grow there is a heavy reliance on various partners. To connect stakeholders, companies are giving access to vendors, customers, partners etc., resulting in third-parties having privileged ... Read More

Is your Healthcare IAM Solution working for you?

05/27/2016

Typically, IAM solutions bring IT Security intelligence and work-flow operational efficiency. A poorly implemented and integrated IAM system is clearly not optimized for security, identity and access related capabilities. A theft can go unnoticed or detected late, this stands true even for organizations that have well integrated security capabilities in their IT Systems. Organizations that are prepared for IT causalities are better off firefighting than their lazy counterparts. Understanding the various aspects of IAM technology can bring great insights whether your IAM Solution is optimized.In this respect, learning about the technology and knowing if it is optimized for your business setting cannot be ignored. Here we break the capabilities of IAM technology for the healthcare establishment’s decision-makers. Treat it as ... Read More

Evolving a Right IAM Strategy for Mobile Banking

04/28/2016

Financial sector has evolved into a digitally capable, technologically savvy industry. It has also embraced various breakthroughs in IT Security while maintaining robust workflow based operations. Harnessing mobile technology to better consumer engagement in a secure manner is a revolution we are witnessing in the present times. Banking and financial institutions are reaping the benefits of using mobile banking in the recent past. This has given the institutions – operating in B2C and B2E applications – opportunity for enhancing customer engagement, reducing operating costs, and up-selling or cross-selling services. Banks now intent that their customers use less of traditional brick-and-mortar banking, and instead use mobile facilities for paying bills, checking account details or even apply for loans and credit cards. As ... Read More

Managing GRC for Financial Services through IAM Tech

04/20/2016

The financial services market, including the banking sector, is monitored at Federal and State levels, and is subjected to various regulations. There are four main regulatory bodies at Federal level, namely – the Federal Reserve Board, Federal Deposit Insurance Corporation, the Office of Thrift Supervision, and the Office of the Comptroller of the Currency. In addition, the state legislatures and state banking authorities also have a vital role in regulation of state chartered institutions. The list of regulations for financial and banking sector is too long and managing these is an uphill task for a financial organization. Governance, Risks and Compliance (GRC) is quite important for financial organizations from regulatory standpoint. Recently, changes in regulations have taken place. The amended ... Read More

Understanding IAM needs for Telecom Business

03/28/2016

Telecom companies essentially work with a large user base that spans across national boundaries. The users believe that the telecom system can be relied upon for various transactions that could be financial or sensitive in nature. Within the telecom industry the digital identities created and access governance algorithm is very complex. Let’s look at a scenario. A single user with a single handset could be in possession of multiple identities – considering the number of applications synced. The security angle comes in when a user makes a financial transaction via mobile phone. At a business level, the telecom operator needs to manage access for employees, vendors, users and super users. From an Identity and Access Management standpoint, there are quite a lot of ... Read More

APIs in Healthcare: To Use or Not To Use

02/04/2016

Patient-facing applications as provided by healthcare APIs have given a plethora of options for engaging with customers via mobile, web, as well as social media platforms. APIs are defined as protocols or programming routines that allows the software applications for sharing data or information. Organizations – specifically healthcare providers – have been using this tool for creating synchronized management of records, information, data, while saving time, money and resources. Usage of APIs in Healthcare brings better sharing of patient information and creates a robust workforce management systemBenefits of using APIs in healthcare are multi-pronged. Patients are given an enormous opportunity for using their own data. This helps in keeping a record of their health status, therefore aiding them in making informed ... Read More

Creating Internet of Everything (IoE) – Secured

01/25/2016

The world is accelerating towards embracing smart devices. We are in midst of a lifestyle revolution where each device has its own identity and it interacts with a range of interconnected devices. Name a task and a smart device to conduct that task will surface. Each of such devices collects information, has an identity assigned to them and conduct tasks assigned to them. Smart thermometers, wireless blood pressure monitors, smart Bluetooth bulbs, fitness tracker wristband, pet tracker collar, and many more. These devices are controlled by remote sensors which include mobile phones, tablets, laptops, desktops and/or personal assistance devices. Such devices are approaching in many new, different and exciting ways. In geeks’ language, it is called the Internet of Everything. The ... Read More

IAM Safeguards for Academic Institutions

10/23/2015

By their very nature, IT network of educational/ academic institutions are used by a large number of transient users. One of the examples of a transient user is an aspiring student who fills up an application and use parent’s credit card to make the payment. Such details are stored in the institution’s system. Academic institutions keep enormous information, which includes but is not limited to research papers, student’s data, transaction details, etc. What’s more – It is not just about money, this game is also about truckloads of sensitive information that is possession of universities. Top rated universities are at the forefront of academic, government and even defense research. For cyber criminals, educational institutions are easier to break into because the ... Read More

How CISOs battle Cyber Threat

10/07/2015

A Chief Information Security Officer (CISO) is someone who has climbed up to a senior-level executive role within an organization. The key responsibility is to establish, protect and maintain enterprise vision, strategy, and program to ensure information assets are protected through the right set of technological interventions. With time, the role has become challenging as the sophistication of evolved technology requires constant learning. As cybercriminals invest in developing sophisticated hacking tools, CISO’s are expected to be a step ahead of them. While hacking aims at exploiting security vulnerabilities, hackers have successfully developed robust tools that include, but are not limited to advanced features such as forensics, APIs, etc. The army of IT security guards led by the Chief Information Security Officers ... Read More

Inadequate Control Over Mobile Devices? Sigh!

09/29/2015

The demand of business today is to allow data on the go and the Internet of Everything is catching up fast – these are areas of concern for the keepers of cyber security. Usage of mobile devices has been higher, tablets are only extending the purview of handheld devices. Many enterprises see the benefits of mobile access as it helps in keeping the system on the go. However inadequate control over mobile devices may end up in a business nightmare. One user and many devices – mobile, laptop, desktop, tablet. When usage of mobile devices is permitted for official use, it becomes a responsibility of both device users and enterprise to ensure that it does not leak sensitive corporate information.Listed below ... Read More