Security Weaver Debuts Automated Mitigations and License Management at GRC 2017
LAS VEGAS, NV
March 25, 2017 - At this year’s SAPInsider GRC event in Las Vegas, Nevada, Security Weaver debuted Automated Mitigations, the newest module in their first-class line of access management solutions. The company’s Co-founder and Chief Architect, Sumit Sangha, demonstrated Automated Mitigations as part of his presentation titled, “ERP Access Management 2.0 – Simplify SAP access management, focus on what matters, and quantify the value of compliance.”
Attendees were especially enthusiastic about Automated Mitigations’ ability to quantify and reduce risks, improve audit documentation, and move beyond primitive segregation of duties management. Says Sangha, “The response to Automated Mitigations was extremely favorable. People are excited about the way this solution provides auditors and other stakeholders a clear and continuous view of material risks and then shows auditors how those risks were or were not mitigated. The implications for increased productivity and financial savings are enormous, and our audience responded positively to that.”
Security Weaver also provided booth demonstrations of another popular solution, License Management, a role-based module that optimizes the value of SAP licenses. The solution not only improves compliance and reduces the work required to manage SAP licenses, it can also dramatically lower SAP license and support costs. License Management identifies compliance issues, charts consumption trends against the inventory of acquired licenses, automatically allocates the correct license type based on each user’s activities and roles, and allows organizations to more confidently and efficiently prepare for SAP compliance audits.
This product has garnered special attention of late in the wake of Diageo’s recent indirect licensing lawsuit, which cost them over £54 million in additional licensing and maintenance fees.
Security Weaver is a leading provider of governance, risk and compliance management (GRCM) software. Our flagship software suite, Security Weaver is engineered to give customers a unified view of their enterprise-wide application environment so they can reduce the risk of fraud, accelerate the efficiency of operations, and ease the burden of ongoing compliance requirements.
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About Security Weaver:
Security Weaver is a leading provider of governance, risk and compliance management (GRCM) software. Our flagship software suite, Security Weaver is engineered to give customers a unified view of their enterprise-wide application environment so they can reduce the risk of fraud, accelerate the efficiency of operations and ease the burden of ongoing compliance requirements. Security Weaver's suite of products includes tools for the management of enterprise wide segregation of duties (SOD) conflicts, full automation of the user provisioning process, control of privileged user access, configurable process controls and advanced audit analytics integrated with robust reporting and workflow capabilities. Organizations throughout the world are using Security Weaver to support a robust GRCM framework while providing Finance, IT and Audit with the tools and visibility they need to reduce the risk of fraud and ensure compliance. For more information, visit www.securityweaver.com.
Weikum Communications (for Security Weaver)