Xynapse: Making a Mark in Identity Security

The dot-com bubble escalated the usage of internet across businesses leading to the development of many internet-based companies referred to as dot-com companies. Though many of these companies failed, some reinvented themselves and established into promising entities. One such company that stood through the tides of bubble burst is Xynapse. With its focus on innovation and value creation, Xynapse started its journey as a distributor of Internet technologies and gradually evolved into an Identity Security solution provider. Today, it operates as a successful company that apart from providing identity security solutions, works towards helping organizations understand the need to tackle identity threats and give access to the right person at the right time.

Cybersecurity is clearly becoming the need of the hour, persuading organizations to comply with the regulatory standards. Xynapse assists its clients in conforming to such standards and provides them the capabilities to deal with various identity threats that they are exposed to. To overcome the challenges that exist in the field of identity security, Xynapse delivers single sign-on, access control, access management, and user lifecycle management, and identity governance solutions. “We have progressed very well in this space, and we assist our clients in managing all the digital identities within their organizations so that they can comply with all the regulatory policies,” says Joseph Chan, CEO of Xynapse.

Access Analytics, a compliance monitoring solution— originally co-funded by the Government—remains one of the firm’s key offerings designed to help enterprises identify, monitor, and govern how identities are accessed in an organization. With this technology, businesses can automate and extract all the user access data into a central repository. It also enables organizations to consolidate user access matrix report by running discovery scans to identify access permissions across multiple systems and applications giving them a single view of user data.

Furthermore, the Access Analytics solution allows user access review and attestation to be carried out on a regular basis, enabling the top level management to verify user access permissions.

One of the firm’s associations that provide better visibility into its capabilities has been with a client who needed support for managing digital identities of their 30,000 employees. Xynapse assisted the company in implementing user lifecycle management, right from the beginning of an employee’s tenure assuring minimal downtime. Xynapse, with its Identity Security expertise, provided the client access to each employee’s identity and the ability to track their activities right from the beginning. The firm also offered the capability to remove a digital identity and all the data related to it when an employee leaves the organization. Xynapse’s ability to track the identity of each employee immensely reduced the manual efforts and allowed the client to comply with the regulatory standards.

According to Chan, the firm’s experience and exposure in the identity security space differentiate it from its competitors. The Xynapse team always ensures to share valuable knowledge with its clients and makes them understand the ‘cruciality’ of identity threats. Going forward, Malaysia-based Xynapse aims to expand further into the APAC region and hone its skills in areas of identity analytics. Advising its clients to comply with the regulatory standards, the company also prides itself on building a knowledge bank which enables it to guide organizations on how to protect their digital assets. “We want to be in a position to present identity-based analytical tools to our clients, giving them an outlook of security posture alongside preparing them to tackle threats within the organization,” concludes Chan.