70 percent of companies would fail an access control audit

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BetaNews - https://betanews.com/2018/03/13/companies-fail-access-control-audit/

A new study into privileged access management from account protection specialist Thycotic shows that while over 60 percent of organizations must satisfy regulatory compliance requirements surrounding privilege credential access, a worrying 70 percent would fail an access controls audit. Access to privileged accounts allows more rights and permissions than those given to standard business users, yet 51 percent fail to use a secure logon process for these accounts. “Failing an audit restricts organizations from doing business, it restricts them from government access to request information or bid for contracts, in the payments sector it could hinder their operations,” Joseph Carson,…

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