7 Reasons Financial Institutions Are Failing at Data Access Governance And What to Do Before It’s Too Late

Rapid cloud adoption, complex data ecosystems and AI-driven tools have outpaced traditional IAM systems. Most were built around users, not data, creating blind spots that lead to excessive privileges, orphaned accounts and unmonitored data sharing.

Weak IAM integrations, lack of visibility into data access, disconnected tools and shadow data all contribute. These gaps expose PII, NPPI and financial records, creating regulatory and security risks.

AI tools and copilots can unintentionally access or expose regulated data if controls aren’t in place. Regulating AI access ensures sensitive information isn’t leaked or used for unauthorized model training.

DSPM unifies visibility and access control across clouds, SaaS, and AI environments. It continuously discovers sensitive data, maps entitlements, enforces least-privilege access, and automates remediation workflows.

CISOs, CIOs, CDOs and compliance leaders in banking, financial services and insurance who need to strengthen access governance, reduce risk and safely enable AI innovation.