Whether they are proprietary algorithms, revolutionary software applications, or even innovative designs businesses have invested significant resources into digital intellectual property. The aim is to secure these critical assets from theft, unauthorised distribution or reverse engineering. This requires balancing encouraging innovation and driving growth of the company, while restricting access to confidential information which helps to ensure compliance with regulatory requirements.

Secure access to confidential information ensures that only authorized people have access to the necessary information to perform their duties and reduces the possibility of sensitive information being disclosed. It is also crucial to ensure compliance with regulations and fostering trust between customers and partners.

Access control gives administrators the ability to limit who has access to what data on a more granular level, ensuring users only receive the access they require to complete their duties. This reduces the risk of unauthorized actions, and encourages the principle of “least privilege”. It also helps avoid costly data breaches that can damage the reputation of a business and cause financial losses, regulatory fines, and a loss of confidence of customers.

The best way to avoid the unauthorized access of data is to implement an authentication process that boardroom technology uses the combination of user ID and passwords, as well as biometrics. This will give you a high level of assurance that the person who has access to the information is the person they claim to be. Additionally, implementing a central management tool which monitors access and alerts users to anomalous behavior can help to identify suspicious activity quickly. Additionally, limiting access to networks through methods like private Virtual Local Area Networks or firewall filtering will help prevent attackers from moving lateraly and possibly compromising neighboring systems.