Authorization

Authorization — The process of deciding which resources and actions an authenticated identity is permitted to use.

Why Authorization matters in finance

It separates identity verification from the permissions that can move money, change data or administer systems.

Security is also a market-infrastructure question

In financial services, authorization should be understood in relation to operational continuity, data integrity, payments, market infrastructure and interconnected dependencies. A control can be technically effective while still leaving material resilience risk if critical services cannot continue or recover during disruption.