Contractors, seasonal workers, freelancers, supply chain vendors, and other third-party workers make up a large percentage of today’s workforce. Managing these identities is a challenge for organizations of any size, and this complexity poses a large security risk. According to recent research, 98% of organizations do business with a third party that has been breached.
Despite the widespread use of third-party contractors, vendors, and agencies, most organizations don’t actually understand the scope of their third-party relationships or the security risks they present.
Saviynt helps you simplify management of workforce identities, their access, and the policies that govern them.
Tailor invitation processes, creation policies, and end dates
Assign sponsors and initiate access reviews to prevent orphaned accounts
Secure remote access to internal or cloud resources without a VPN
Enable controls cross-mapped across regulations, industry standards, platforms, and control types
Block external file-sharing and require authorization for third-party data release
Use just-in-time provisioning to provide no standing privileges access
Know who you’re dealing with. Collect third-party non-employee data collaboratively with internal and external sources throughout the relationship
Quickly onboard, provision, monitor, audit, and remove time-bound access
Assign only the access that third parties need to meet their contractual requirements
You’re in charge from the first introduction to relationship completion
The world’s largest organizations trust Saviynt to protect their privileged accounts from cybercriminals and data breaches.
Saviynt delivered a comprehensive identity access and management solution for Wienerberger’s 17,000 employees, replacing overlapping systems with a single integrated approach.
Origin Energy found Saviynt reduced birthright provisioning from ten days to 24 hours, automated provisioning to their core applications, automated attestation approvals, and reviews, and eliminated manual spreadsheet analysis.
Saviynt is the industry leader in identity management solutions. We’ve gained recognition from reputable authorities like Deloitte, Forrester, and KuppingerCole.
As your cybersecurity partner, Saviynt can help you keep up with the exploding volume of third-party identities, which often pose greater risks than their human counterparts. Legacy IGA solutions were never designed to manage non-employees, and disjointed SaaS solutions complicate visibility. 61% of companies aren’t even sure how many third-party relationships they have.
Saviynt’s Enterprise Identity Cloud (EIC) delivers both IGA and Third Party Access Governance (TPAG) capabilities in one simple, centralized platform. A suite of features like self-service user onboarding, invitation-based user registration, and birthright provisioning automates joiner tasks, saving days and weeks of manpower.
With Saviynt, you can eliminate security silos with a single point of control. Secure any identity, any app, and any infrastructure, across your entire business.
Third-party governance involves the processes and controls an organization uses to manage its relationships with external parties such as vendors, suppliers, and service providers.
It’s critical to ensure that these outsiders don’t introduce any security issues and vulnerabilities. For instance, when a freelancer is onboarded into the system, they are not given access to sensitive data that is not needed in their day-to-day work.
To do this, third-party governance and risk management solutions must be in place.
Effective third-party management/governance requires carefully assessing relationships and implementing appropriate controls to mitigate risks. This may include conducting due diligence on potential third-party partners, negotiating contracts, clearly defining responsibilities and performance expectations, and monitoring third-party partners closely.
Third-party identity management (TPIM) is a vital part of governance. This involves managing the lifecycle of third-party accounts, including onboarding, provisioning, access management, and offboarding. It also uses authorization and authentication technologies, like multi-factor authentication (MFA), to lessen the risk of hackers compromising the system through third-party accounts.
The chief reason for third-party remote access governance is risk management.
Allowing outsiders into your network is a significant risk for companies, as it increases the chances of unauthorized access to sensitive data or compromised systems.
The problem is that third parties are beyond your control. They can easily share their credentials (willingly or accidentally) with hackers, who can then gain entry into your system.
Third-party access governance can’t stop this from happening. However, it can prevent the hacker from doing more damage by limiting where they can move inside the network. You can also terminate the account, rendering it useless to the attacker.
Ensuring proper governance will protect your company from potential breaches and help you stay ahead of the competition. If you want to ensure your company’s network is safe, third-party access governance should be in place.
Third-party access governance can increase security, reduce the chances of data breaches and other cyberattacks, and deliver significant cost savings.
By preventing data breaches, organizations can avoid the vast amounts of money involved in data recovery, legal fees, and reputation damage.
Third-party access governance also helps companies comply with data privacy regulations, such as General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA).
Furthermore, third-party access governance sets clear expectations and mutual trust with your third-party partners, helping build stronger relationships.
Strengthening secure access is perhaps the key challenge with third-party access control. Companies have minimal control over how outsiders protect their login credentials—and no guarantee they can access your network from a secure workstation.
To shore up security, credentials must be regularly rotated and supported with other methods like MFA.
Monitoring third parties is critical but time-consuming work. Without it, you’re exposed to risks you may not be aware of; if you do detect something suspicious, you need a way to enforce immediate action.
Saviynt helps resolve these issues with robust risk assessment during onboarding, data protection, continuous monitoring, and seamless third-party access without a VPN.
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