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Managing the Explosion of Machine Identities in Financial Services

AI Summary

The article highlights the challenges financial services organizations face in managing machine identities due to modernization efforts. Security leaders struggle with the volume, velocity, and variety of machine identities across cloud and on-premises environments as they adopt AI, automation, and DevOps-driven development.

Texas Relevance

The article does not explicitly mention Texas or any Texas-specific entities. It discusses general challenges faced by financial services organizations in managing machine identities.

Original Content

CyberArk and Accenture Experts Discuss Modernization, Identity Sprawl, Securing AI Financial services organizations are accelerating modernization efforts by adopting artificial intelligence, automation and DevOps-driven cloud development, but these initiatives have dramatically expanded their attack surface. As banks and financial enterprises rely more heavily on non-human identities to power applications, integrations and AI-driven workflows, security leaders are struggling to manage the volume, velocity and variety of machine identities across cloud and on-premises environments, said Barak Feldman, senior vice president of solutions engineering at CyberArk, and Rex Thexton, senior managing director at Accenture.