Identity Management Metrics your Board of Directors Will Care About

We are living in the age of the data breach. There were more significant data breaches this year than ever before—873, according to a report from the Identity Theft Resource Center.

In many of these high profile breaches, hackers used weak identity management policies as their point of entry. For example, the perpetrators of the 2013 Target data breach gained access to the corporate network through login credentials stolen from an HVAC contractor.

Following that breach, advisory firm Institutional Shareholder Services recommended replacement of seven of 10 Target board members for failing to oversee cybersecurity risk. Since then, cybersecurity has been top of mind for board members at companies big and small.

In fact, in a recent NYSE survey of nearly 200 directors of public companies, more than 80 percent of participants said that they discussed cybersecurity at most or all boardroom meetings.

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