HomeCII/OTPathlock introduces continuous controls monitoring as a cost-effective time-saving solution.

Pathlock introduces continuous controls monitoring as a cost-effective time-saving solution.

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Pathlock, a prominent provider of identity and application access governance solutions, recently unveiled their newest product, Continuous Controls Monitoring (CCM), as part of the Pathlock Cloud Platform. This cutting-edge technology combines control management, risk quantification, and change monitoring to streamline control mechanisms from various frameworks into a centralized, automated system. The primary goal of CCM is to enable large enterprises to continuously monitor business controls, separation of duties, and IT configuration changes in real-time, replacing the outdated method of periodic sample reviews. By implementing continuous auditing of controls in financial and transactional applications, organizations can reduce business losses and the cost of audits significantly.

The introduction of CCM allows Pathlock customers to prioritize risk remediation based on potential impact, optimizing available resources while mitigating various business process risks, such as financial, operational, and security risks. This innovative solution consists of two key modules: Controls Management and Change Monitoring.

The Controls Management module integrates and streamlines business processes and manual control mechanisms from different frameworks into a centralized, automated system. It enhances risk visibility, improves efficiency, and reduces manual effort in maintaining compliance. Additionally, the risk quantification feature helps organizations analyze transaction data to quantify the financial exposure of Separation of Duty (SoD) violations and business process transactions across application environments.

On the other hand, the Change Monitoring module generates events and alerts businesses to analyze master data and key application configuration changes within the system. It provides detailed insights into the source of the change, the user initiating the change, before and after values, as well as any deleted items, enabling corrective or preventative actions based on the impact of the change. This capability ensures a complete audit trail over configuration and master data changes, enhancing overall security and compliance measures.

By implementing standardized, automated process controls aligned with industry frameworks, organizations can enhance their cybersecurity posture efficiently while reducing manual efforts. This reduction in manual efforts translates to lower internal and external resource costs, fewer errors, and decreased audit preparation times, ultimately improving operational efficiency.

Piyush Pandey, the CEO of Pathlock, emphasized the significance of Continuous Controls Monitoring in helping organizations stay proactive and agile in addressing emerging risks. He highlighted the real-time visibility, enhanced compliance, and proactive mitigation capabilities of CCM, underscoring its crucial role in Pathlock’s Cloud Platform vision to deliver cross-industry solutions focusing on user access and data security. Pandey expressed excitement about the considerable time and cost-saving benefits that CCM would offer to current and future Pathlock customers.

As the digital landscape evolves, the significance of maintaining total visibility and control over organizational ecosystems becomes paramount in cybersecurity. Traditional identity and access management solutions often fall short in providing comprehensive risk management and fail to prioritize or quantify potential risks effectively. Pathlock’s Continuous Controls Monitoring capabilities revolutionize cybersecurity practices by offering a complete audit trail and remediation process for any changes that may occur, thereby creating a proactive and adaptable cybersecurity posture.

Furthermore, Pathlock’s solution provides visibility into risks and quantifies their financial impact, enabling organizations to implement appropriate remediation strategies to mitigate threats effectively. This proactive approach aims to limit exposure to risks that could have a substantial financial impact on the organization. Pathlock’s commitment to empowering enterprises with robust identity and application access governance solutions underscores its position as a leader in the industry.

For organizations seeking to enhance their cybersecurity posture, streamline compliance efforts, and optimize resource allocation, Pathlock’s Continuous Controls Monitoring presents a comprehensive solution to address the evolving threat landscape effectively. To learn more about Pathlock’s CCM and its benefits, visit their website at [https://pathlock.com/products/continuous-controls-monitoring/](https://pathlock.com/products/continuous-controls-monitoring/).

In conclusion, Pathlock’s innovative approach to identity and application access governance through Continuous Controls Monitoring sets a new standard in strengthening cybersecurity defenses and ensuring compliance across enterprises. Through proactive risk management, real-time monitoring, and streamlined compliance processes, organizations can navigate the complex digital landscape with confidence and resilience against emerging threats.

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