One of the key benefits of application access governance is enhanced application and data security. By controlling who has access to what app, businesses can reduce the risk of data breaches, cyberattacks, and other security threats. These solutions also improve efficiency, ensuring employees have the right level of access to the right applications and data for the right amount of time. And, by reducing the likelihood of data breaches, access governance solutions can help prevent data recovery fees, penalties, and lawsuits. Furthermore, limiting access means you can reduce software license fees and subscription costs (in the case of SaaS). Another benefit is compliance. Many businesses are mandated by data regulations such as the General Data Protection Regulation (GDPR), the Health Insurance Portability and Accountability Act (HIPAA), and the Payment Card Industry Data Security Standard (PCI DSS). Access governance can help organizations comply with these by ensuring that sensitive data is restricted only to those authorized to access it. But the best benefit of all is an improved reputation. Access governance helps prevent breaches that could damage consumer faith, leading to decreased revenue. Access governance also demonstrates to stakeholders that you take data security seriously.