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Security Quarterly 2: Transaction security
This report looks at transaction security. In recent years, mountains of money have been shoveled into startup tech firms intent on cashing in on a fad: compliance with a retail banking rule set implemented by the Federal Financial Institutions Examinations Council (FFIEC). Now that fad has subsided, and its demise is driving the repurposing of those technologies into other areas such as anti-data-leakage and insider threat detection, and risk- and knowledge-based authentication.
To hear it from the executives and financiers behind these companies, innovations in these areas will play a tactical and strategic role within enterprise identity and access management (IAM). These products won’t just secure retail or financial transactions across untrusted public networks. They’ll also secure transactions between network hosts, across the public Web and on virtual private networks. But with more than 100 vendors offering products related to transaction security, very few will make the cut.
This report explores new directions for transaction security technologies. It defines the business issues pushing enterprises toward broader adoption of transaction security technologies, the subsectors within the emerging transaction security market, the problems each class of technology hopes to solve and how the technology addresses the problem. It provides an overview of enterprise IAM as it currently stands, and how it will look in the next 18 months.
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