LOS ANGELES, December 07, 2023–(BUSINESS WIRE)–Saviynt, a leading provider of cloud-native identity and governance platform solutions, announced today that corporate boards likely will be impacted by regulatory shifts and artificial intelligence (AI), according to industry thought leaders interviewed on technology trends, people strategies, and forthcoming innovations for the company’s 2024 Trend Report.
The report predicts that the new SEC mandate will require corporate boards to prioritize cyber risk management. The mandate, driven by a need for transparency and investor protection, will require that significant cybersecurity incidents be reported to the SEC within four days of being deemed material.
“This will raise the stakes on evaluations and digital defenses, potentially spurring a wave of digital modernization,” according to Paul Zolfaghari, President of Saviynt. “Companies need to be able to quickly diagnose what any malicious actor had access to, what they did with that access, and whether it was material.”
Saviynt is also predicting the emergence of AI for efficient lifecycle automation and behavioral profiling. This will precipitate the enforcement of least…
