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Solidifying the World’s GRC Potential through Automation

Human beings are known for a myriad of different things, but more importantly than the rest, they are known for getting better on a consistent basis. This unwavering commitment towards growth, no matter the situation, has brought the world some huge milestones, with technology appearing as a rather unique member of the group. The reason why technology’s credentials are so anomalous is purposed around its skill-set, which was unprecedented enough to realize all the possibilities for us that we couldn’t have imagined otherwise. Nevertheless, a closer look should be able to reveal how the whole runner was also very much inspired by the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence and made it the ultimate centerpiece of every horizon. Now, having such a powerful tool run the show did expand our experience in many different directions, but even after reaching so far ahead, this prodigious concept called technology will somehow keep on delivering the right goods. The same has grown to become a lot more evident in recent times, and assuming one new GRC-themed development pans out just like we envision, it will only propel that trend towards greater heights over the near future and beyond.

Pathlock, the leading provider of application governance, risk, and compliance (GRC) solutions, has officially announced the launch of its brand-new Application Access Governance (AAG) product, Pathlock AAG, which will function within the company’s wider risk and compliance platform. According to certain reports, the stated product has a good chunk of its utility rooted in automating manual processes that are required to reduce the risks associated with application access across critical business systems. Through this automation, Pathlock AAG is able to make a significant cut back on the costs, all while still boasting an ability to offer the industry’s most robust service solution for deep visibility insights into a wide array of applications. Talk about the solution on a slightly deeper level, we begin with its access risk analysis feature. Here, Pathlock AAG automates the reporting and mitigation of Separation of Duties (SoD) violations. It also does the same for Sensitive Access Risks occurring across the business and IT space. Next up, we must acknowledge the solution’s compliance provisioning angle where it effectively expedites the entire process of user provisioning. Not just that, it also ensures complete compliance with business and regulatory requirements, and it does so using preventative risk checks and policy driven automated workflows. Anyway, it’s time for us to get into certifications. Pathlock AAG, in order to enhance user prospects in and around the said discipline, will automate user access reviews, risk and control revalidations, and more. Done to further the continuous refinement of entitlement assignments, the maneuver should go a long way when it comes to managing and reducing risks in a productive manner. Hold on, we aren’t quite done yet. You see, Pathlock’s latest brainchild will also have the means to help us enjoy elevated access management. To contextualize its importance, one can look at how that particular feature will hand us the option to conduct temporary, time-bound, privileged access checkouts. Furthermore, it is also going to empower us big time in terms of monitoring privileged use and collecting action logs, the latter backed by the authority to enforce controls and automate log review. Beyond the technological prowess, Pathlock AAG will improve on your compliance posture with a capability to facilitate compliant technical and business roles creation, thus delivering more sustainable value at the disposal of every user.

“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 of 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.”

Turning the development even more important is, of course, the fact that it will operate out of the company’s proprietary platform, Pathlock Cloud. In case you weren’t aware, Pathlock Cloud bears an extensive amount of knowhow to automate controls testing and enforcement for enterprise resource planning (ERP) and business applications. Boasting the industry’s most complete library of controls content, the platform allows organizations to rapidly implement controls, analytics, and automated AI-enhanced workflows for the purpose of conceiving granular-level and efficient compliance across diverse application landscapes.

Founded in 2004, Pathlock has today reached a point where world’s most respected global 2000 companies trust it to protect their critical digital assets from financial, operational, regulatory, and security threats. The company’s excellence in what it does can also be understood once you consider it was recently named an overall leader in KuppingerCole’s Leadership Compass industry report titled ‘Access Control Tools for Multi-Vendor LoB Environments’, a feat which recognized the company’s superior product capabilities, innovation, and market reach.

“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,” stated KuppingerCole’s 2023 report.

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