In the past decade, more novel technology has hit the market than ever before, while companies in an ever-increasing variety of industries and regions have become consistently reliant upon IT capabilities.
High-profile data breaches have seem to hit the news with increasing regularity and persistence in the past few months, especially as national and international retailers have experienced some of the most damaging events in history during a relatively short period of time.
The biggest difference between proactive security procedures and reactive ones can be directly tied to the financial damages that come with a major instance of data loss.
Financial services firms have been highly aggressive in their pursuits of advanced banking and transaction technology in the past several years, and as data tends to be sensitive in this sector, access controls have been a focal point of priorities.
The retail sector has been among the worst performers in the access control arena for the past several months, as several national and international organizations have fallen victim to significant instances of data breach.
The health care sector has been a hotbed for technological innovation in recent years, as more providers have adopted novel tools such as cloud computing, electronic medical records and mobile devices to improve patient care and drive efficiency.
Banks continue to become more technology-dependent, and have commonly launched a variety of new strategies that work to capitalize on consumer interest for mobile applications.
Mobile payments, the rise of digital currency and several other trends in financial management have combined to create a relatively tumultuous security landscape for a variety of organizations and many consumers.
In the past several months, retailers and banks have been in the headlines for major instances of data exposure and theft stemming from breach.
More organizations from North America and abroad are beginning to understand the importance of modernizing their access controls through the use of advanced multi-factor authentication.