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Secure Your Customers' Identity Data - They'll Love You For It
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Transcript of Secure Your Customers' Identity Data - They'll Love You For It
SECURE YOUR CUSTOMERS' IDENTITY DATATHEY'LL LOVE YOU FOR IT
Today's digital customer has more choices than ever before. They can so easily switch
from business to business if they're not satisfied. This is why customer experience has
become the new brand differentiator. And it's why companies focus on digital transformation to drive customer loyalty.
But great customer experience can't happen without secure identity data. Even the most innovative digital
businesses make headlines with data breaches, and they're dropping customers and brand reputation as a
result. The good news? The right customer identity and access management (CIAM) platform can deliver end-to-end data security and help you get the most out of digital transformation.
BUSINESS LEADERS AREFOCUSED ON DIGITALTRANSFORMATION1
say it’s
business critical
96% 86% 61%
say they have twoyears to make strides or fall behind competitors
say it’s THE #1 priority for next
12 months
YET DATA SECURITY WORRIES CURB CONSUMER DIGITAL ACTIVITY AND THREATEN DIGITAL ADOPTION2
of households citeidentity theft as the
most pressing concern
63%don’t engage in online
retail and financial services activities as a result
59% 29%increase in cost
since 2013
AND THE NEGATIVE IMPACT OF BREACHES IS GROWING3
Approximate Cost of Data Breach per Customer Record by industry4
COMPANIES STILL LAG IN DATA SECURITY EFFORTS5
Many organizations don't prioritize security, which puts their innovation initiatives at risk.
CIAM LEADS TO SUCCESSFUL DIGITALTRANSFORMATION AND HAPPY CUSTOMERS
www.pingidentity.com1-877-898-2905
80%Organizations report being hacked
1
CENTRALIZED SECURITY CONTROLS AND ENFORCEMENTUses best practices to ensure consistent application and efficient management of
security parameters
ADAPTIVE AUTHENTICATION
Provides strong security and customer convenience with
additional layers of security for higher risk transactionsEND-TO-END DATA
ENCRYPTION Encrypts data at all stages
including at rest and in motion
FINE-GRAINED, POLICY-BASED DATA ACCESS GOVERNANCE
Controls who can access data according to multiple industry, geographic, regulatory and
corporate policies
MANY ADDITIONAL SECURITY BEST PRACTICES
Delivers active alerts, robust logging for data access, and best practices
for separation of duties
BIGGEST DATA SECURITY MISTAKES COMPANIES MAKE6
1 https://www.progress.com/digital-transformation/are-businesses-living-in-digital-denial2 http://www.forbes.com/sites/williamsaito/2016/08/03/the-big-chill-lets-not-let-cybersecurity-threats-slow-productivity-and-economic-growth/#2207fceb28603 http://www-01.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=SEL03094WWEN4 http://www-01.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=SEL03094WWEN5 http://www.cio.com/article/3105274/cyber-attacks-espionage/hacked-companies-still-prioritize-innovation-over-cybersecurity.html6 https://digitalguardian.com/blog/data-security-experts-reveal-biggest-mistakes-companies-make-data-information-security
HOSPITALITY $139RETAIL $172FINANCIAL $221EDUCATION $246HEALTHCARE $355
Inconsistent security enforcement across all endpoints
Non-existent or inadequate data encryption
Lack of data accessgovernance controls
2Weak/vulnerable customer
authentication methods
4Security focus too limited to
network perimeter security
3
5
© 2016 Ping Identity
ABOUT PING IDENTITY: Ping Identity leads a new era of digital enterprise freedom, ensuring seamless, secure access for every user to all applications
across the hyper-connected, open digital enterprise. Protecting over one billion identities worldwide, more than half of the Fortune 100, including Boeing,
Cisco, Disney, GE, Kraft Foods, TIAA-CREF and Walgreens trust Ping Identity to solve modern enterprise security challenges created by their use of cloud,
mobile, APIs and IoT. Visit pingidentity.com.
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