Pathlock announced a new release of its Application
Access Governance (AAG) product within the company's risk and compliance
platform, Pathlock Cloud. Unlike other industry solutions that are
focused on a single or limited number of applications, Pathlock AAG automates
the vast majority of manual processes required to reduce the risks associated
with application access across critical business systems. In addition to
decreasing the cost of compliance for organizations, Pathlock AAG also provides
the industry's most robust service solution for deep visibility insights into a
wide array of applications.
Pathlock Cloud is a risk and compliance management platform
that automates the controls testing and enforcement for enterprise resource
planning (ERP) and business applications. With the industry's most robust
library of controls content, it allows organizations to rapidly implement
controls, analytics, and automated, AI-enhanced workflows to ensure granular
and efficient compliance across diverse application landscapes. With today's
release of AAG, users will have access to the following modules:
- Access Risk Analysis - automates the
reporting and mitigation of Separation of Duties (SoD) violations and
Sensitive Access Risks occurring across the business and IT.
- Compliant Provisioning - automates the
process of user provisioning with the ability to ensure compliance with
business and regulatory requirements through preventative risk checks and
policy driven automated workflows.
- Certifications - automates user
access reviews, risk and control revalidations, and more as part of the
continuous refinement of entitlement assignments to manage and reduce
risks.
- Elevated Access
Management - facilitates
temporary, time-bound, privileged access checkouts, monitors privileged
use and collects action logs with the ability to enforce controls and
automate log review.
- Role Management - facilitates the building
of compliant technical and business roles with risk simulation analysis.
"Today's announcement is yet another step forward in
achieving our vision of providing the industry's most comprehensive application
GRC platform," said Piyush Pandey, CEO, Pathlock. "Our
breadth of applications covered, combined with the depth of knowledge and
capabilities within those applications, continue to be what sets Pathlock apart
from our competition."
Organizations are increasingly struggling to maintain
visibility across both the breadth and depth of their Line-of-Business (LoB)
applications and are finding it difficult to ensure that employees only have
access to what they need to do their jobs, especially within frequently
shifting work environments. Companies are increasingly moving to a Zero Risk
posture to manage the risk of material breaches, resulting in ongoing searches
for an efficient way to enforce compliant provisioning and resolve SoD violations.
The new release of Pathlock AAG provides fine-grain
visibility across the breadth and depth of LoB applications and harnesses
automation to improve the productivity and efficiency of IT, business and audit
teams in providing a risk-free environment. With AAG, controls testing costs
and resource requirements are significantly reduced while providing a more
robust audit trail and users can be onboarded and provisioned more quickly
while providing a more secure environment.
"The Pathlock platform is a leading-edge solution
in the access control market for SAP and other LoB applications. While
providing leading-edge support for SAP environments, its particular strength
stems from the excellent support for a wide range of other LoB applications,
thus serving the needs of customers running heterogeneous LoB application
environments." - KuppingerCole Leadership Compass Access Controls for
Multi-Vendor LoB Environments 2023 Report