No single organization can master all trades, which is why their success hinges heavily on their vendors. And if vendors are crucial for your business operations, it’s necessary to manage them as if your success depended on it–because it does. Yet, until recently (2016), only a third of companies knew how many vendors accessed their systems each week.

As the basis of pretty much every consumer system available today, Discretionary Access Control (DAC) is everywhere and used by everyone. The files on your computer, the media and applications on your smartphone, and even your social media content. They all use DAC to manage permissions. That’s in part because DAC is easy to manage and understand. But DAC also has a few glaring issues when it comes to cybersecurity.

If developers one day considered security a mere ‘good-to-have,’ that day is firmly in the past. As digital transformation accelerates, employee workstations become liabilities for enterprise assets and data, placing cybersecurity in the spotlight. On average, organizations face 130 security breaches annually, and every data breach costs a company around $4.24 million. For better or worse, remote work culture and corrupted credential are the top reasons for security breaches.

In a market projected to grow to $288.30 billion by 2030, data centers will expand to facilitate more data-driven workloads, including AI and big data. Much of this expansion continues to occur in the cloud, as companies seek to reap the benefits of low-cost infrastructure that they can spin up as needed. In fact, research shows that cloud workloads represented 94% of all data center workloads worldwide in 2021.