Mr Browne said the BBA, which was in charge of collating the data used to set Libor - a key bank lending rate which became discredited after revelations of manipulation by banks - would do everything it could to fix the issue.

BBC: New BBA chief aims to restore trust in banking sector

By doing so, companies can provide full business context across Identity and Access Management systems, connect to the full set of key applications and data resources, significantly lower the total cost of ownership and scale to modern enterprise environments.

FORBES: Recent IT Security Breaches Make Enterprises Review Their IAM Strategies