This eBook highlights the growing cyber risk facing financial institutions, where 93% have experienced breaches and costs average $5.9M. It outlines six modernization drivers, including overentitled accounts, insider risk, lack of automation, and compliance pressures. AI-driven identity governance improves 360-degree visibility, automates lifecycle processes, reduces third-party risk, and enforces separation of duties. By unifying identity security across hybrid environments, financial organizations can strengthen resilience, reduce breach likelihood, and meet evolving regulatory demands.

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