IDDR news IDdriven: Reducing the risk for data

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IDDR news IDdriven: Reducing the risk for data breaches

GlobeNewswire•September 13, 2017

SACRAMENTO, Calif., Sept. 13, 2017 (GLOBE NEWSWIRE) -- IDdriven, Inc., (IDDR), an innovative provider of premises and cloud-based Identity and Access Management ("IAM" solutions is providing comments on protecting data against unauthorized access.

Last week’s information about sensitive data of 143 mln people stolen by hackers from a major credit reporting agency, and impacting almost half the US population, again puts the spotlight on protecting data against unauthorized access.

A recent study shows that 50% of ex-employees can still access corporate apps and documents after they leave the company, and in a number of cases have been responsible for data breaches.

The internal threat of data leaks and data breaches is real and is something that has to be mitigated with automated identity and access management systems like IDdriven. A problem that is growing as corporations are storing more personal and sensitive data and the ability to sell and monetize this data by ex/disgruntled employees is easier than ever before.

The control of over who has access to data, and the rigorous enforcement of certification of that access is a very important tool to make sure that your data can only be accessed by people who need to have that access to do their jobs, and have no access to data they do not need. This reduces the risk for unwanted and unneeded data breaches.

Arend Verweij, CEO of IDdriven, Inc. stated, “IDdriven is designed to make sure that provisioning and deprovisioning of employees and contractors is done timely. The certification campaigns of our system will force management to relook at all access to corporate data on a regular basis. This is the only way to avoid that to many people having too much access to sensitive data”.

About IDdriven
With its next-generation IDaaS program of the same name, IDdriven, Inc. is at the forefront of the new breed of Identity Management and Access Governance solutions. The company is currently researching and developing a solution for enterprises aimed at helping enterprises utilizing the benefits of consortium based blockchain and their frameworks. Taking the complexity and upfront costs out of implementation, IDdriven automates access security for vulnerable company assets by seamlessly integrating with the solutions from Microsoft, and other cloud providers like Amazon. Founded in 2013, IDdriven is headquartered in Sacramento, California. To learn more, visit: www.IDdriven.com.

Forward-Looking Statement Disclosure
This news release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond IDdriven’ s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our software program s, (ii) development and protection of our intellectual property, (iii) industry competition, (iv) we may need to raise capital to meet business requirements. More detailed information about IDdriven and the risk factors that may affect the realization of forward looking statements is contained in our filings with the Securities and Exchange Commission which are available on our website and at www.sec.gov. IDdriven assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.
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