The SAP GRC (Governance, Risk Management and Compliance) Framework is a collection of enterprise software applications that help organizations control access and prevent fraud across the enterprise. At the same time, they can minimize the time and cost of compliance with internal and external regulations. The SAP GRC framework comprises the SAP Access Control and SAP Cloud Identity Access Governance solutions.
Data theft is one of the main concerns for organizations in terms of cybersecurity. Despite the advances made in protection and action protocols, there have been numerous cases in recent months of corporate and third-party data being compromised, putting organizations’ businesses and their customers' privacy at risk.
Digital identity refers to the collection of data that represents an entity online. Digital identity can represent users, organizations or electronic devices and consists of their accounts, credentials, certificates, behaviors and usage patterns. In Identity Access Management (IAM), digital identity is needed to authenticate a user and authorize their permissions to access sensitive data.